North America Near Field Communication (NFC) Market Size, Share & Trends Analysis Report By Device Operating Mode (Reader Emulation, Card Emulation, and Peer-to-peer), By Offering, By Application, By Country and Growth Forecast, 2024

List of Tables

The North America Near Field Communication (NFC) Market would witness market growth of 11.4% CAGR during the forecast period (2024-2031).

The US market dominated the North America Near Field Communication (NFC) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,790.7 million by 2031. The Canada market is experiencing a CAGR of 13.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.9% during (2024 - 2031).

Near field communication (NFC) is a set of communication protocols that enable two electronic devices, typically mobile devices, to exchange data over short distances, typically within 4 cm (1.5 inches). NFC is a subset of RFID (Radio Frequency Identification) technology, and it operates in the high frequency (HF) 13.56 MHz band. While technology may seem relatively simple, its applications, adoption, and innovations have made it a cornerstone of modern connectivity, especially in consumer electronics, healthcare, retail, and more.

NFC's broad applicability stems from its simplicity, speed, and ability to securely transmit small amounts of data. One of the most common uses of NFC technology is in mobile payments. NFC-enabled smartphones, tablets, and smartwatches allow users to make secure payments by simply tapping their devices against an NFC payment terminal. Popular digital wallets like Apple Pay, Google Pay, and Samsung Pay leverage NFC technology to facilitate contactless transactions, ensuring that users can quickly and securely pay for goods and services.

In Mexico, the retail sector is experiencing significant growth, with an estimated revenue of USD 76 billion in 2023. This increase in revenue underscores the expanding retail landscape, which is seeing greater adoption of digital technologies, including NFC, to improve customer experiences and streamline operations. Retailers in Mexico are increasingly adopting NFC-enabled point-of-sale systems to facilitate faster, secure, and contactless payments. The proliferation of NFC-enabled devices, such as mobile phones and smartcards, enhances the convenience and security of transactions, aligning with the growing demand for digital payment solutions. Furthermore, NFC can support other retail applications, such as loyalty programs, inventory tracking, and customer engagement, driving further adoption of NFC technologies in Mexico's dynamic retail environment. Hence, the rising electronics industry and expansion of the region's retail sector are driving the market's growth.

Based on Device Operating Mode, the market is segmented into Reader Emulation, Card Emulation, and Peer-to-peer. Based on Offering, the market is segmented into Non-auxiliary Products (NFC Tags, NFC ICs & Antennas, and NFC Readers), Auxiliary Products (NFC Micro-SD Cards, NFC SIM/UICC Cards, and NFC Covers), and Software. Based on Application, the market is segmented into Retail, Transportation, Automotive, Consumer Electronics, BFSI, Medical & Healthcare, Residential & Commercial, Hospitality, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

NXP Semiconductors N.V.
Broadcom, Inc.
Qualcomm Incorporated (Qualcomm Technologies, Inc.)
Samsung Electronics Co., Ltd. (Samsung Group)
Texas Instruments, Inc.
STMicroelectronics N.V.
Infineon Technologies AG
Sony Corporation
Toshiba Corporation
Apple, Inc.

North America Near Field Communication (NFC) Market Report Segmentation

By Device Operating Mode

Reader Emulation
Card Emulation
Peer-to-peer

By Offering

Non-auxiliary Products
- NFC Tags
- NFC ICs & Antennas
- NFC Readers
Auxiliary Products
- NFC Micro-SD Cards
- NFC SIM/UICC Cards
- NFC Covers
Software

By Application

Retail
Transportation
Automotive
Consumer Electronics
BFSI
Medical & Healthcare
Residential & Commercial
Hospitality
Other Application

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Near Field Communication Market, by Device Operating Mode
- 1.4.2 North America Near Field Communication Market, by Offering
- 1.4.3 North America Near Field Communication Market, by Application
- 1.4.4 North America Near Field Communication Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 Market Share Analysis, 2023
4.2 Recent Strategies Deployed in Near Field Communication Market
4.3 Porter Five Forces Analysis

Chapter 5. North America Near Field Communication (NFC) Market by Device Operating Mode

5.1 North America Reader Emulation Market by Country
5.2 North America Card Emulation Market by Country
5.3 North America Peer-to-peer Market by Country

Chapter 6. North America Near Field Communication (NFC) Market by Offering

6.1 North America Non-auxiliary Products Market by Country
6.2 North America Near Field Communication (NFC) Market by Non-auxiliary Products Type
- 6.2.1 North America NFC Tags Market by Country
- 6.2.2 North America NFC ICs & Antennas Market by Country
- 6.2.3 North America NFC Readers Market by Country
6.3 North America Auxiliary Products Market by Country
6.4 North America Near Field Communication (NFC) Market by Auxiliary Products Type
- 6.4.1 North America NFC Micro-SD Cards Market by Country
- 6.4.2 North America NFC SIM/UICC Cards Market by Country
- 6.4.3 North America NFC Covers Market by Country
6.5 North America Software Market by Country

Chapter 7. North America Near Field Communication (NFC) Market by Application

7.1 North America Retail Market by Country
7.2 North America Transportation Market by Country
7.3 North America Automotive Market by Country
7.4 North America Consumer Electronics Market by Country
7.5 North America BFSI Market by Country
7.6 North America Medical & Healthcare Market by Country
7.7 North America Residential & Commercial Market by Country
7.8 North America Hospitality Market by Country
7.9 North America Other Application Market by Country

Chapter 8. North America Near Field Communication (NFC) Market by Country

8.1 US Near Field Communication (NFC) Market
- 8.1.1 US Near Field Communication (NFC) Market by Device Operating Mode
- 8.1.2 US Near Field Communication (NFC) Market by Offering
  - 8.1.2.1 US Near Field Communication (NFC) Market by Non-auxiliary Products Type
  - 8.1.2.2 US Near Field Communication (NFC) Market by Auxiliary Products Type
- 8.1.3 US Near Field Communication (NFC) Market by Application
8.2 Canada Near Field Communication (NFC) Market
- 8.2.1 Canada Near Field Communication (NFC) Market by Device Operating Mode
- 8.2.2 Canada Near Field Communication (NFC) Market by Offering
  - 8.2.2.1 Canada Near Field Communication (NFC) Market by Non-auxiliary Products Type
  - 8.2.2.2 Canada Near Field Communication (NFC) Market by Auxiliary Products Type
- 8.2.3 Canada Near Field Communication (NFC) Market by Application
8.3 Mexico Near Field Communication (NFC) Market
- 8.3.1 Mexico Near Field Communication (NFC) Market by Device Operating Mode
- 8.3.2 Mexico Near Field Communication (NFC) Market by Offering
  - 8.3.2.1 Mexico Near Field Communication (NFC) Market by Non-auxiliary Products Type
  - 8.3.2.2 Mexico Near Field Communication (NFC) Market by Auxiliary Products Type
- 8.3.3 Mexico Near Field Communication (NFC) Market by Application
8.4 Rest of North America Near Field Communication (NFC) Market
- 8.4.1 Rest of North America Near Field Communication (NFC) Market by Device Operating Mode
- 8.4.2 Rest of North America Near Field Communication (NFC) Market by Offering
  - 8.4.2.1 Rest of North America Near Field Communication (NFC) Market by Non-auxiliary Products Type
  - 8.4.2.2 Rest of North America Near Field Communication (NFC) Market by Auxiliary Products Type
- 8.4.3 Rest of North America Near Field Communication (NFC) Market by Application

Chapter 9. Company Profiles

9.1 NXP Semiconductors N.V.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
  - 9.1.5.1 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
9.2 Broadcom, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
9.3 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 SWOT Analysis
9.4 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
9.5 Texas Instruments, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
9.6 STMicroelectronics N.V.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
  - 9.6.5.1 Product Launches and Product Expansions:
- 9.6.6 SWOT Analysis
9.7 Infineon Technologies AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
  - 9.7.5.1 Partnerships, Collaborations, and Agreements:
  - 9.7.5.2 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
9.8 Sony Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
9.9 Toshiba Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research and Development Expense
- 9.9.5 SWOT Analysis
9.10. Apple, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
  - 9.10.5.1 Product Launches and Product Expansions:
- 9.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Near Field Communication (NFC) Market, 2020 - 2023, USD Million
TABLE 2 North America Near Field Communication (NFC) Market, 2024 - 2031, USD Million
TABLE 3 North America Near Field Communication (NFC) Market by Device Operating Mode, 2020 - 2023, USD Million
TABLE 4 North America Near Field Communication (NFC) Market by Device Operating Mode, 2024 - 2031, USD Million
TABLE 5 North America Reader Emulation Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Reader Emulation Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Card Emulation Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Card Emulation Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Peer-to-peer Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Peer-to-peer Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Near Field Communication (NFC) Market by Offering, 2020 - 2023, USD Million
TABLE 12 North America Near Field Communication (NFC) Market by Offering, 2024 - 2031, USD Million
TABLE 13 North America Non-auxiliary Products Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Non-auxiliary Products Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2020 - 2023, USD Million
TABLE 16 North America Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2024 - 2031, USD Million
TABLE 17 North America NFC Tags Market by Country, 2020 - 2023, USD Million
TABLE 18 North America NFC Tags Market by Country, 2024 - 2031, USD Million
TABLE 19 North America NFC ICs & Antennas Market by Country, 2020 - 2023, USD Million
TABLE 20 North America NFC ICs & Antennas Market by Country, 2024 - 2031, USD Million
TABLE 21 North America NFC Readers Market by Country, 2020 - 2023, USD Million
TABLE 22 North America NFC Readers Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Auxiliary Products Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Auxiliary Products Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Near Field Communication (NFC) Market by Auxiliary Products Type, 2020 - 2023, USD Million
TABLE 26 North America Near Field Communication (NFC) Market by Auxiliary Products Type, 2024 - 2031, USD Million
TABLE 27 North America NFC Micro-SD Cards Market by Country, 2020 - 2023, USD Million
TABLE 28 North America NFC Micro-SD Cards Market by Country, 2024 - 2031, USD Million
TABLE 29 North America NFC SIM/UICC Cards Market by Country, 2020 - 2023, USD Million
TABLE 30 North America NFC SIM/UICC Cards Market by Country, 2024 - 2031, USD Million
TABLE 31 North America NFC Covers Market by Country, 2020 - 2023, USD Million
TABLE 32 North America NFC Covers Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Near Field Communication (NFC) Market by Application, 2020 - 2023, USD Million
TABLE 36 North America Near Field Communication (NFC) Market by Application, 2024 - 2031, USD Million
TABLE 37 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Transportation Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Transportation Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 45 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 46 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Medical & Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Medical & Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 49 North America Residential & Commercial Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Residential & Commercial Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Hospitality Market by Country, 2020 - 2023, USD Million
TABLE 52 North America Hospitality Market by Country, 2024 - 2031, USD Million
TABLE 53 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Near Field Communication (NFC) Market by Country, 2020 - 2023, USD Million
TABLE 56 North America Near Field Communication (NFC) Market by Country, 2024 - 2031, USD Million
TABLE 57 US Near Field Communication (NFC) Market, 2020 - 2023, USD Million
TABLE 58 US Near Field Communication (NFC) Market, 2024 - 2031, USD Million
TABLE 59 US Near Field Communication (NFC) Market by Device Operating Mode, 2020 - 2023, USD Million
TABLE 60 US Near Field Communication (NFC) Market by Device Operating Mode, 2024 - 2031, USD Million
TABLE 61 US Near Field Communication (NFC) Market by Offering, 2020 - 2023, USD Million
TABLE 62 US Near Field Communication (NFC) Market by Offering, 2024 - 2031, USD Million
TABLE 63 US Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2020 - 2023, USD Million
TABLE 64 US Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2024 - 2031, USD Million
TABLE 65 US Near Field Communication (NFC) Market by Auxiliary Products Type, 2020 - 2023, USD Million
TABLE 66 US Near Field Communication (NFC) Market by Auxiliary Products Type, 2024 - 2031, USD Million
TABLE 67 US Near Field Communication (NFC) Market by Application, 2020 - 2023, USD Million
TABLE 68 US Near Field Communication (NFC) Market by Application, 2024 - 2031, USD Million
TABLE 69 Canada Near Field Communication (NFC) Market, 2020 - 2023, USD Million
TABLE 70 Canada Near Field Communication (NFC) Market, 2024 - 2031, USD Million
TABLE 71 Canada Near Field Communication (NFC) Market by Device Operating Mode, 2020 - 2023, USD Million
TABLE 72 Canada Near Field Communication (NFC) Market by Device Operating Mode, 2024 - 2031, USD Million
TABLE 73 Canada Near Field Communication (NFC) Market by Offering, 2020 - 2023, USD Million
TABLE 74 Canada Near Field Communication (NFC) Market by Offering, 2024 - 2031, USD Million
TABLE 75 Canada Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2020 - 2023, USD Million
TABLE 76 Canada Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2024 - 2031, USD Million
TABLE 77 Canada Near Field Communication (NFC) Market by Auxiliary Products Type, 2020 - 2023, USD Million
TABLE 78 Canada Near Field Communication (NFC) Market by Auxiliary Products Type, 2024 - 2031, USD Million
TABLE 79 Canada Near Field Communication (NFC) Market by Application, 2020 - 2023, USD Million
TABLE 80 Canada Near Field Communication (NFC) Market by Application, 2024 - 2031, USD Million
TABLE 81 Mexico Near Field Communication (NFC) Market, 2020 - 2023, USD Million
TABLE 82 Mexico Near Field Communication (NFC) Market, 2024 - 2031, USD Million
TABLE 83 Mexico Near Field Communication (NFC) Market by Device Operating Mode, 2020 - 2023, USD Million
TABLE 84 Mexico Near Field Communication (NFC) Market by Device Operating Mode, 2024 - 2031, USD Million
TABLE 85 Mexico Near Field Communication (NFC) Market by Offering, 2020 - 2023, USD Million
TABLE 86 Mexico Near Field Communication (NFC) Market by Offering, 2024 - 2031, USD Million
TABLE 87 Mexico Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2020 - 2023, USD Million
TABLE 88 Mexico Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2024 - 2031, USD Million
TABLE 89 Mexico Near Field Communication (NFC) Market by Auxiliary Products Type, 2020 - 2023, USD Million
TABLE 90 Mexico Near Field Communication (NFC) Market by Auxiliary Products Type, 2024 - 2031, USD Million
TABLE 91 Mexico Near Field Communication (NFC) Market by Application, 2020 - 2023, USD Million
TABLE 92 Mexico Near Field Communication (NFC) Market by Application, 2024 - 2031, USD Million
TABLE 93 Rest of North America Near Field Communication (NFC) Market, 2020 - 2023, USD Million
TABLE 94 Rest of North America Near Field Communication (NFC) Market, 2024 - 2031, USD Million
TABLE 95 Rest of North America Near Field Communication (NFC) Market by Device Operating Mode, 2020 - 2023, USD Million
TABLE 96 Rest of North America Near Field Communication (NFC) Market by Device Operating Mode, 2024 - 2031, USD Million
TABLE 97 Rest of North America Near Field Communication (NFC) Market by Offering, 2020 - 2023, USD Million
TABLE 98 Rest of North America Near Field Communication (NFC) Market by Offering, 2024 - 2031, USD Million
TABLE 99 Rest of North America Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2020 - 2023, USD Million
TABLE 100 Rest of North America Near Field Communication (NFC) Market by Non-auxiliary Products Type, 2024 - 2031, USD Million
TABLE 101 Rest of North America Near Field Communication (NFC) Market by Auxiliary Products Type, 2020 - 2023, USD Million
TABLE 102 Rest of North America Near Field Communication (NFC) Market by Auxiliary Products Type, 2024 - 2031, USD Million
TABLE 103 Rest of North America Near Field Communication (NFC) Market by Application, 2020 - 2023, USD Million
TABLE 104 Rest of North America Near Field Communication (NFC) Market by Application, 2024 - 2031, USD Million
TABLE 105 Key Information - NXP Semiconductors N.V.
TABLE 106 Key Information - Broadcom, Inc.
TABLE 107 Key Information - Qualcomm Incorporated
TABLE 108 Key Information - Samsung Electronics Co., Ltd.
TABLE 109 Key Information - Texas Instruments, Inc.
TABLE 110 Key Information - STMicroelectronics N.V.
TABLE 111 Key Information - Infineon Technologies AG
TABLE 112 Key Information - Sony Corporation
TABLE 113 Key Information - Toshiba Corporation
TABLE 114 Key Information - Apple, Inc.

North America Near Field Communication (NFC) Market Size, Share & Trends Analysis Report By Device Operating Mode (Reader Emulation, Card Emulation, and Peer-to-peer), By Offering, By Application, By Country and Growth Forecast, 2024 - 2031

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