Sales of phones with NFC capability increased by 300% in 2012

Summary

Global NFC smartphone sales experienced a 300% increase in 2012, reaching 140 million units, with projections indicating a compound annual growth rate of 48.2% to hit 1 billion units by 2017. Major mobile manufacturers, excluding Apple, significantly expanded their NFC-enabled device portfolios during this period. While current applications include information exchange, Bluetooth/WiFi pairing, access control, electronic ticketing, and secure contactless payments, industry analysts believe this represents only a fraction of NFC's potential. They anticipate a substantial expansion of use cases as developers gain more experience and innovate with the technology.

According to Sina Tech, Research firm Berg Insight latest report shows that the global NFC smartphone sales increased by 300% to 140 million units in 2012.

The report said that the compound annual growth rate of NFC smartphones sales will reach 48.2% in next few years, and in 2017 the number of smartphones sold will reach 1 billion units.

NFC is widely used in mobile phones began in 2011, In 2012, the top ten mobile phone manufacturers launched nearly 100 models of NFC mobile phones. In addition to Apple's iPhone, Samsung and other manufacturers are all promoting NFC.

Also applications depending on NFC are gradually increase such as information exchange, Bluetooth pairing, WiFi connectivity, access control, electronic ticketing, secure contactless payments etc,

Nevertheless, Senior analyst Andre Malm from Berg Insight believes that this is just tip of the iceberg. Malm said that once the developers got more experience on NFC, use of NFC would be greatly expanded.

APPLE 2012 NFC

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