Automotive NFC Market size forecast to witness growth from 2016 to 2023

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Automotive NFC Market Size, Industry Analysis
Report, Regional Outlook, Application Potential,
Competitive Market Share Forecast, 2016 - 2023
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Automotive NFC Market

• Asia Pacific automotive NFC market share is
  forecast to witness high growth from 2016 to
  2023. This can be attributed to increasing
  adoption of smart devices across the region.
• North America is likely to continue its dominance
  over the next seven years.

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• Application Analysis of Automotive NFC Market
• Integration of these systems in the windshield
  allows a NFC-enabled digital key to exchange data
  such as authentication as well as vehicle
  diagnostic information. This technology is now
  anticipated to prove extremely beneficial in
  simplifying various processes such as car-sharing
  services, car rentals, social sharing as well as
  corporate fleet management. These systems also
  enable users in opening the car by tapping their
  smartphone on a card at the vehicles door.
• The technology comprises a set of principles that
  help in establishing a wireless connection
  between smart devices. The connection is
  established either at a very close proximity or
  by just a brief contact with the device. NFC
  pairing is also called tap-to-connect technology.
  It helps in simplifying the set-up process for
  smartphone connectivity within the vehicle and
  also offers a wide range of comfort as well as
  convenience applications.
• Near field communication provides a reasonable
  way that enables car manufacturers to customize
  the vehicle driving experience according to user
  requirements and also provide drivers with a way
  to access the vehicle related data from their
  smartphone.

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Competitive Market Share of Automotive NFC
Market

• Industry participants accumulating significant
  share encapsulate Sony, FeliCa, NXP and Broadcom.
  Other prominent industry players include
  STMicroelectronics, Samsung, and Polaric.

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