With the rapid development of mobile internet and IoT, NFC (near field communication) technology has shown great potential and prospects. As an important part of the IoT industry chain, NFC technology can realize communication between devices within 10cm, with the advantages of low power consumption, convenient use, high security, etc. Many industry application scenarios have emerged, such as mobile payment, door access control, transportation, retail, etc. NFC technology is expected to penetrate various fields and bring broad market opportunities. This article will analyze the current status, trends, and investment opportunities of NFC technology, to provide guidance on how to tap into the potential of NFC through investment.
NFC has penetrated various fields with broad application prospects
At present, NFC technology has been applied in many fields. In the mobile payment field, NFC technology is embedded in mobile phones, users only need to lightly touch the payment terminal to complete the payment. In the transportation field, NFC technology is applied to electronic tickets. Passengers can brush the phone to enter and exit the station, which improves the convenience. In the physical access control field, NFC technology is used in smart door locks. Residents only need to use the mobile app to replace the traditional physical key. In the auto industry, NFC technology is used in car keys, remote door opening, etc. to improve control experience.
The NFC market continues to grow driven by technological advancement
With the deepening application of NFC technology in various industries, the market scale continues to expand. According to data released by MarketsandMarkets, the global NFC market size was USD 13.91 billion in 2020. It is estimated to reach USD 40.95 billion by 2026, with a compound annual growth rate of 24.6% from 2021 to 2026. The growth drivers include the advancement of NFC technology itself, the iteration and upgrade of application scenarios, the enrichment of product forms, and the increasing penetration of NFC-enabled devices.
Mass consumer electronics will be the main investment direction
Judging from the current development trend, consumer electronics will be the main application scenario and investment hotspot of NFC technology. With the launch of NFC-enabled mobile phones by mainstream mobile phone brands, NFC modules have been popularized in the medium and high-end models of major manufacturers. At the same time, wearable devices are also accelerating the adoption of NFC technology. It is predicted that the market size of NFC-enabled consumer electronics will maintain rapid growth in the next few years. And the needs for NFC chips, NFC antennas and other components will continue to release. Therefore, the NFC consumer electronics industry chain will become the primary direction for investors.
Pay attention to NFC solution providers in niche verticals
In addition to the consumer electronics field, NFC technology also has broad prospects in many niche vertical areas. For example, in the parking management field, NFC technology can be combined with electronic parking lock, license plate recognition, mobile payment and other technologies to create a smart parking solution. In the exhibit hall field, NFC can be used for visitor identification, intelligent visitor guidance and interactive display. For investors, in addition to the mainstream consumer electronics sector, it is also worth paying attention to excellent NFC solution providers in niche vertical areas. With in-depth application, these niche markets will also release considerable space.
In summary, the application of NFC technology in the era of mobile internet and IoT has increasingly broad prospects. Excellent investment opportunities exist in the high-growth consumer electronics industry chain and niche vertical solution providers. Investors need to pay close attention to market dynamics, actively look for competitive target companies, and tap into the great potential of NFC technology through investment.