

NFC is a method of wireless data transfer that allows smartphones, laptops, tablets and other devices to share data when in close proximity. NFC technology powers contactless payments via mobile wallets like Apple Pay and Google Pay, as well as contactless cards.
The global Near Field Communication (NFC) Payment Technology market size is projected to grow from US$ 354.1 million in 2023 to US$ 831.4 million in 2030; it is expected to grow at a CAGR of 13.0% from 2024 to 2030.
The “Near Field Communication (NFC) Payment Technology Industry Forecast” looks at past sales and reviews total world Near Field Communication (NFC) Payment Technology sales in 2023, providing a comprehensive analysis by region and market sector of projected Near Field Communication (NFC) Payment Technology sales for 2024 through 2030. With Near Field Communication (NFC) Payment Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Near Field Communication (NFC) Payment Technology industry.
This Insight Report provides a comprehensive analysis of the global Near Field Communication (NFC) Payment Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Near Field Communication (NFC) Payment Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Near Field Communication (NFC) Payment Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Near Field Communication (NFC) Payment Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Near Field Communication (NFC) Payment Technology.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report presents a comprehensive overview, market shares, and growth opportunities of Near Field Communication (NFC) Payment Technology market by product type, application, key players and key regions and countries.
Segmentation by type
NFC Card Emulation
NFC Reader/Writer
NFC Peer-to-Peer
Segmentation by application
Retail and Commercial
Healthcare
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adyen
Alipay
Apple
Cayan LLC
Citrus
Dwolla
Equinox
First Data Corporation
Gemalto
Google
Ingenico
MFS Africa
MasterCard
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Near Field Communication (NFC) Payment Technology Market Size 2019-2030
2.1.2 Near Field Communication (NFC) Payment Technology Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Near Field Communication (NFC) Payment Technology Segment by Type
2.2.1 NFC Card Emulation
2.2.2 NFC Reader/Writer
2.2.3 NFC Peer-to-Peer
2.3 Near Field Communication (NFC) Payment Technology Market Size by Type
2.3.1 Near Field Communication (NFC) Payment Technology Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Near Field Communication (NFC) Payment Technology Market Size Market Share by Type (2019-2024)
2.4 Near Field Communication (NFC) Payment Technology Segment by Application
2.4.1 Retail and Commercial
2.4.2 Healthcare
2.4.3 Transportation
2.4.4 Others
2.5 Near Field Communication (NFC) Payment Technology Market Size by Application
2.5.1 Near Field Communication (NFC) Payment Technology Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Near Field Communication (NFC) Payment Technology Market Size Market Share by Application (2019-2024)
3 Near Field Communication (NFC) Payment Technology Market Size by Player
3.1 Near Field Communication (NFC) Payment Technology Market Size Market Share by Players
3.1.1 Global Near Field Communication (NFC) Payment Technology Revenue by Players (2019-2024)
3.1.2 Global Near Field Communication (NFC) Payment Technology Revenue Market Share by Players (2019-2024)
3.2 Global Near Field Communication (NFC) Payment Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Near Field Communication (NFC) Payment Technology by Regions
4.1 Near Field Communication (NFC) Payment Technology Market Size by Regions (2019-2024)
4.2 Americas Near Field Communication (NFC) Payment Technology Market Size Growth (2019-2024)
4.3 APAC Near Field Communication (NFC) Payment Technology Market Size Growth (2019-2024)
4.4 Europe Near Field Communication (NFC) Payment Technology Market Size Growth (2019-2024)
4.5 Middle East & Africa Near Field Communication (NFC) Payment Technology Market Size Growth (2019-2024)
5 Americas
5.1 Americas Near Field Communication (NFC) Payment Technology Market Size by Country (2019-2024)
5.2 Americas Near Field Communication (NFC) Payment Technology Market Size by Type (2019-2024)
5.3 Americas Near Field Communication (NFC) Payment Technology Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Near Field Communication (NFC) Payment Technology Market Size by Region (2019-2024)
6.2 APAC Near Field Communication (NFC) Payment Technology Market Size by Type (2019-2024)
6.3 APAC Near Field Communication (NFC) Payment Technology Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Near Field Communication (NFC) Payment Technology by Country (2019-2024)
7.2 Europe Near Field Communication (NFC) Payment Technology Market Size by Type (2019-2024)
7.3 Europe Near Field Communication (NFC) Payment Technology Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Near Field Communication (NFC) Payment Technology by Region (2019-2024)
8.2 Middle East & Africa Near Field Communication (NFC) Payment Technology Market Size by Type (2019-2024)
8.3 Middle East & Africa Near Field Communication (NFC) Payment Technology Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Near Field Communication (NFC) Payment Technology Market Forecast
10.1 Global Near Field Communication (NFC) Payment Technology Forecast by Regions (2025-2030)
10.1.1 Global Near Field Communication (NFC) Payment Technology Forecast by Regions (2025-2030)
10.1.2 Americas Near Field Communication (NFC) Payment Technology Forecast
10.1.3 APAC Near Field Communication (NFC) Payment Technology Forecast
10.1.4 Europe Near Field Communication (NFC) Payment Technology Forecast
10.1.5 Middle East & Africa Near Field Communication (NFC) Payment Technology Forecast
10.2 Americas Near Field Communication (NFC) Payment Technology Forecast by Country (2025-2030)
10.2.1 United States Near Field Communication (NFC) Payment Technology Market Forecast
10.2.2 Canada Near Field Communication (NFC) Payment Technology Market Forecast
10.2.3 Mexico Near Field Communication (NFC) Payment Technology Market Forecast
10.2.4 Brazil Near Field Communication (NFC) Payment Technology Market Forecast
10.3 APAC Near Field Communication (NFC) Payment Technology Forecast by Region (2025-2030)
10.3.1 China Near Field Communication (NFC) Payment Technology Market Forecast
10.3.2 Japan Near Field Communication (NFC) Payment Technology Market Forecast
10.3.3 Korea Near Field Communication (NFC) Payment Technology Market Forecast
10.3.4 Southeast Asia Near Field Communication (NFC) Payment Technology Market Forecast
10.3.5 India Near Field Communication (NFC) Payment Technology Market Forecast
10.3.6 Australia Near Field Communication (NFC) Payment Technology Market Forecast
10.4 Europe Near Field Communication (NFC) Payment Technology Forecast by Country (2025-2030)
10.4.1 Germany Near Field Communication (NFC) Payment Technology Market Forecast
10.4.2 France Near Field Communication (NFC) Payment Technology Market Forecast
10.4.3 UK Near Field Communication (NFC) Payment Technology Market Forecast
10.4.4 Italy Near Field Communication (NFC) Payment Technology Market Forecast
10.4.5 Russia Near Field Communication (NFC) Payment Technology Market Forecast
10.5 Middle East & Africa Near Field Communication (NFC) Payment Technology Forecast by Region (2025-2030)
10.5.1 Egypt Near Field Communication (NFC) Payment Technology Market Forecast
10.5.2 South Africa Near Field Communication (NFC) Payment Technology Market Forecast
10.5.3 Israel Near Field Communication (NFC) Payment Technology Market Forecast
10.5.4 Turkey Near Field Communication (NFC) Payment Technology Market Forecast
10.5.5 GCC Countries Near Field Communication (NFC) Payment Technology Market Forecast
10.6 Global Near Field Communication (NFC) Payment Technology Forecast by Type (2025-2030)
10.7 Global Near Field Communication (NFC) Payment Technology Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Adyen
11.1.1 Adyen Company Information
11.1.2 Adyen Near Field Communication (NFC) Payment Technology Product Offered
11.1.3 Adyen Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Adyen Main Business Overview
11.1.5 Adyen Latest Developments
11.2 Alipay
11.2.1 Alipay Company Information
11.2.2 Alipay Near Field Communication (NFC) Payment Technology Product Offered
11.2.3 Alipay Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Alipay Main Business Overview
11.2.5 Alipay Latest Developments
11.3 Apple
11.3.1 Apple Company Information
11.3.2 Apple Near Field Communication (NFC) Payment Technology Product Offered
11.3.3 Apple Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Apple Main Business Overview
11.3.5 Apple Latest Developments
11.4 Cayan LLC
11.4.1 Cayan LLC Company Information
11.4.2 Cayan LLC Near Field Communication (NFC) Payment Technology Product Offered
11.4.3 Cayan LLC Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Cayan LLC Main Business Overview
11.4.5 Cayan LLC Latest Developments
11.5 Citrus
11.5.1 Citrus Company Information
11.5.2 Citrus Near Field Communication (NFC) Payment Technology Product Offered
11.5.3 Citrus Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Citrus Main Business Overview
11.5.5 Citrus Latest Developments
11.6 Dwolla
11.6.1 Dwolla Company Information
11.6.2 Dwolla Near Field Communication (NFC) Payment Technology Product Offered
11.6.3 Dwolla Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Dwolla Main Business Overview
11.6.5 Dwolla Latest Developments
11.7 Equinox
11.7.1 Equinox Company Information
11.7.2 Equinox Near Field Communication (NFC) Payment Technology Product Offered
11.7.3 Equinox Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Equinox Main Business Overview
11.7.5 Equinox Latest Developments
11.8 First Data Corporation
11.8.1 First Data Corporation Company Information
11.8.2 First Data Corporation Near Field Communication (NFC) Payment Technology Product Offered
11.8.3 First Data Corporation Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 First Data Corporation Main Business Overview
11.8.5 First Data Corporation Latest Developments
11.9 Gemalto
11.9.1 Gemalto Company Information
11.9.2 Gemalto Near Field Communication (NFC) Payment Technology Product Offered
11.9.3 Gemalto Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Gemalto Main Business Overview
11.9.5 Gemalto Latest Developments
11.10 Google
11.10.1 Google Company Information
11.10.2 Google Near Field Communication (NFC) Payment Technology Product Offered
11.10.3 Google Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Google Main Business Overview
11.10.5 Google Latest Developments
11.11 Ingenico
11.11.1 Ingenico Company Information
11.11.2 Ingenico Near Field Communication (NFC) Payment Technology Product Offered
11.11.3 Ingenico Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Ingenico Main Business Overview
11.11.5 Ingenico Latest Developments
11.12 MFS Africa
11.12.1 MFS Africa Company Information
11.12.2 MFS Africa Near Field Communication (NFC) Payment Technology Product Offered
11.12.3 MFS Africa Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 MFS Africa Main Business Overview
11.12.5 MFS Africa Latest Developments
11.13 MasterCard
11.13.1 MasterCard Company Information
11.13.2 MasterCard Near Field Communication (NFC) Payment Technology Product Offered
11.13.3 MasterCard Near Field Communication (NFC) Payment Technology Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 MasterCard Main Business Overview
11.13.5 MasterCard Latest Developments
12 Research Findings and Conclusion
*If Applicable.