NFC technology market set for strong growth

NFC technology mobile payments

Report predicts bright future for NFC technology Markets and Markets, a leading market research firm, has released a new report concerning the global NFC technology market. NFC technology has been growing in popularity as mobile commerce becomes more common. The technology is currently the backbone of most mobile commerce initiatives, but is often used in marketing as well. The demand for this technology has been on the rise despite concerns regarding the security of NFC and its capabilities. Global market to hit $1.15 billion by 2016 According to the report,…

Read More

Access control industry can benefit from NFC technology

NFC Technology - card reader

Report highlights potential of NFC in access control industry The beleaguered access control industry may see a revival through the introduction of NFC technology and smart cards. A new report from IMS Research, a leading market research firm in the electronics industry, suggests that the $400 million industry could see a serious revolution through the adoption of NFC smart cards. NFC technology has already shown its proficiency in its ability to facilitate data transfer, thus showing value for the access control industry. Smart cards may be becoming smarter NFC-enabled smart cards…

Read More