North America NFC Market (2025-2031) | Growth, Outlook, Trends, Size, Revenue, Share, Companies, Industry, Forecast, Value, Analysis

Market Forecast by Countries (United States, Canada), By Device operating mode (Reader emulation, Peer-To-Peer, Card Emulation), By Offering (Non-Auxiliary products, Auxiliary products, Softwares), By Application (Retail, Transportation, Automotive, Residential & Commercial, Medical & Healthcare, Consumer Electronics, Banking & Finance, Hospitality) And Competitive Landscape

Product Code: ETC4621933 Publication Date: Jul 2023 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

North America NFC Market Highlights

Report Name North America NFC Market 
Forecast period 2025-2031
CAGR 14.4%
Growing Sector Digital Payment

Topics Covered in the North America NFC Market Report

The North America NFC Market report meticulously covers the market by Countries, Device Operating Mode, Offering, and Application. The market report offers an unbiased and meticulous analysis of the ongoing market trends, growth opportunities, and market drivers which would aid the stakeholders to strategize and align their market strategies according to the present and envisioned market dynamics.

North America NFC Market Synopsis

The North America NFC Market is expanding rapidly, driven by an increase in digital transactions, smart device use, and improved connection options. Key growth drivers include the growing inclination for cashless payments and the use of NFC in a variety of applications such as transportation, retail, and consumer electronics. The widespread availability of NFC-enabled devices, such as smartphones and wearable gadgets, drives market expansion. Furthermore, efforts such as collaborations with global tech titans and local innovation lead to a diverse range of NFC solutions. The focus on speedy, secure transactions and seamless communication reflects the North American market's dedication to providing excellent NFC solutions.

According to 6Wresearch, the North America NFC Market is expected to grow at a CAGR of 14.4% for the period of 2025-2031. Numerous critical components are boosting the NFC market in North America. One key factor is the growing consumer preference for fast, cashless transactions. Consumers are increasingly preferring NFC-enabled gadgets because they allow for quick and safe digital payments. Second, customer knowledge of the benefits of NFC, such as convenience, speed, and variety, is increasing. The industry's focus on developing safe and efficient wireless communication techniques has also contributed to an increase in demand for NFC. Furthermore, NFC's market reach is expanding due to its adaptability in a wide range of applications, from retail to automobiles. Thus, the North American NFC market is developing as customer preferences, product benefits, and industry practices converge.

While opportunities for growth abound, the North American NFC Market has difficulties that may restrict its expansion. These include concerns about privacy and data security, adherence to strict technology standards, and sophisticated supply chain management. Rapid technological evolution, as well as the necessity for continuous innovation, provide obstacles. Disruptions in the global technology supply chain may have an even greater influence on industry growth. To sustain growth in the competitive NFC market, strategic collaborations, R&D expenditures, strong supply chain management, and an adaptive strategy to dealing with market complexities are required.

North America NFC Industry: Prominent Players

Apple Inc., Google LLC, and Samsung Electronics are prominent players in North America's NFC industry. These organisations are known for their experience in providing cutting-edge NFC solutions to a variety of industries.

North America NFC Market: Government Regulations

Government regulations are critical in ensuring fair trade practices, technology standards, and data security in the North American NFC sector. The government enforces regulations on several elements of the NFC industry in order to safeguard consumers and promote ethical corporate activities. Some of the subjects covered by these regulations may include data protection in NFC transactions, technical quality standards to maintain high product standards, and labelling guidelines to provide transparency in product information. Furthermore, government rules requiring encryption and other secure technology during the manufacture and processing of NFC devices may address concerns about financial theft. Companies operating in the North American NFC industry must comply with these standards in order to maintain their credibility and satisfy clients.

Future Insights of the North America NFC Market

The North American NFC market is expected to grow and evolve significantly during the next few years. Increased consumer awareness and desire for quick, secure digital payments are projected to boost the NFC market in North America. Environmental sensitivity, improved NFC features, and the industry's focus on security and efficiency are all likely to drive market growth. As a result, during the forecast period, the North American NFC market is expected to expand, innovate, and gain in market value. Companies in this area can capitalise on these changes by aligning their strategy with digitalization objectives and meeting the evolving demands of tech-savvy consumers.

Market Segmentation by Countries

According to Dhaval, Research Manager, 6Wresearch, The United States is the country section expected to grow the most in the next years. With increased smartphone penetration and adoption of digital payments, demand for NFC in the United States is expected to rise.

Market Segmentation by Device Operating Mode

Reader Emulation is a market sector by Device Operating Mode that is predicted to expand significantly in the near future. Reader Emulation is expected to grow in popularity because to its ease and versatility.

Market Segmentation by Offering

The software segment is expected to increase the most among the offers, followed by non-auxiliary products and auxiliary products. This rise is being driven by the rising use of NFC technology in a variety of software applications and solutions.

Market Segmentation by Application

The market segmentation by Application poised to witness impressive growth in the coming years is Retail. With the global shift towards cashless payments, there is an increasing emphasis on NFC in the retail industry.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • North America NFC Market Outlook
  • Market Size of North America NFC Market, 2024
  • Forecast of North America NFC Market, 2031
  • Historical Data and Forecast of North America NFC Revenues & Volume for the Period 2021 - 2031
  • North America NFC Market Trend Evolution
  • North America NFC Market Drivers and Challenges
  • North America NFC Price Trends
  • North America NFC Porter's Five Forces
  • North America NFC Industry Life Cycle
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Device operating mode for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Reader emulation for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Peer-To-Peer for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Card Emulation for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Device operating mode for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Reader emulation for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Peer-To-Peer for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Card Emulation for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Device operating mode for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Reader emulation for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Peer-To-Peer for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Card Emulation for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Offering for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Non-Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Softwares for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Offering for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Non-Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Softwares for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Offering for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Non-Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Auxiliary products for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Softwares for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Automotive for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Residential & Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Medical & Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Consumer Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of North America NFC Market Revenues & Volume By Banking & Finance for the Period 2021 - 2031
  • Historical Data and Forecast of North America Retail NFC Market Revenues & Volume By Hospitality for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Automotive for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Residential & Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Medical & Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Consumer Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of United States NFC Market Revenues & Volume By Banking & Finance for the Period 2021 - 2031
  • Historical Data and Forecast of United States Retail NFC Market Revenues & Volume By Hospitality for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Automotive for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Residential & Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Medical & Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Consumer Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of Canada NFC Market Revenues & Volume By Banking & Finance for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Retail NFC Market Revenues & Volume By Hospitality for the Period 2021 - 2031
  • North America NFC Market - Key Performance Indicators
  • North America NFC Market - Import Export Trade Statistics
  • North America NFC Market - Opportunity Assessment By Countries
  • North America NFC Market - Opportunity Assessment By Device operating mode
  • North America NFC Market - Opportunity Assessment By Offering
  • North America NFC Market - Opportunity Assessment By Application
  • North America NFC Market - Top Companies Market Share
  • North America NFC Market - Top Companies Profiles
  • North America NFC Market - Comparison of Players in Technical and Operating Parameters
  • North America NFC Market - Strategic Recommendations

Market Covered

The report offers a comprehensive exploration of the following market segments:

By Countries

  • United States
  • Canada

By Device Operating Mode

  • Reader Emulation
  • Peer-To-Peer
  • Card Emulation

By Offering

  • Non-Auxiliary Products
  • Auxiliary Products
  • Softwares

By Application

  • Retail
  • Transportation
  • Automotive
  • Residential & Commercial
  • Medical & Healthcare
  • Consumer Electronics
  • Banking & Finance
  • Hospitality
North America NFC Market (2025-2031): FAQs
Rising smartphone penetration and increasing preference for quick, secure digital transactions are the significant factors driving the demand for NFC solutions.
These include stringent data protection laws, compliance with evolving tech standards, and intricate production processes. Additionally, limited technological budgets and competition from foreign manufacturers add to the hurdles. These include stringent data protection laws, compliance with evolving tech standards, and intricate production processes. Additionally, limited technological budgets and competition from foreign manufacturers add to the hurdles.
Top players in the North American NFC Industry include Apple Inc., Google LLC, and Samsung Electronics.
The North American government implements rigorous regulations, covering aspects like data security, procurement practices, quality standards, and export controls to uphold national interests and international obligations.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America NFC Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America NFC Market Revenues & Volume, 2021 & 2031F
3.3 North America NFC Market - Industry Life Cycle
3.4 North America NFC Market - Porter's Five Forces
3.5 North America NFC Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 North America NFC Market Revenues & Volume Share, By Device operating mode , 2021 & 2031F
3.7 North America NFC Market Revenues & Volume Share, By Offering, 2021 & 2031F
3.8 North America NFC Market Revenues & Volume Share, By Application, 2021 & 2031F
4 North America NFC Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America NFC Market Trends
6 North America NFC Market, 2021 - 2031
6.1 North America NFC Market, Revenues & Volume, By Device operating mode , 2021 - 2031
6.2 North America NFC Market, Revenues & Volume, By Offering, 2021 - 2031
6.3 North America NFC Market, Revenues & Volume, By Application, 2021 - 2031
7 United States NFC Market, 2021 - 2031
7.1 United States NFC Market, Revenues & Volume, By Device operating mode , 2021 - 2031
7.2 United States NFC Market, Revenues & Volume, By Offering, 2021 - 2031
7.3 United States NFC Market, Revenues & Volume, By Application, 2021 - 2031
8 Canada NFC Market, 2021 - 2031
8.1 Canada NFC Market, Revenues & Volume, By Device operating mode , 2021 - 2031
8.2 Canada NFC Market, Revenues & Volume, By Offering, 2021 - 2031
8.3 Canada NFC Market, Revenues & Volume, By Application, 2021 - 2031
9 North America NFC Market Key Performance Indicators
10 North America NFC Market - Opportunity Assessment
10.1 North America NFC Market Opportunity Assessment, By Countries, 2021 & 2031F
10.2 North America NFC Market Opportunity Assessment, By Device operating mode , 2021 & 2031F
10.3 North America NFC Market Opportunity Assessment, By Offering, 2021 & 2031F
10.4 North America NFC Market Opportunity Assessment, By Application, 2021 & 2031F
11 North America NFC Market - Competitive Landscape
11.1 North America NFC Market Revenue Share, By Companies, 2024
11.2 North America NFC Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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