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March 27, 2013

NFC enabled devices to surpass 500 million in 2014

Device manufacturers are driving the market for NFC

By CBR Staff Writer

The number of near field communication (NFC) enabled devices is expected to surpass the 500 million mark in 2014, according to ABI Research’s new report.

According to the report, ‘NFC Devices, Strategies, and Form Factors’, about 285 million mobile and consumer electronics devices are expected to be shipped during this year.

The device manufacturers drive the market for NFC as telecom operators struggle to gain control and bring their services to market, the report added.

According to the report, companies like Blackberry and Samsung have already adopted clear plans to integrate NFC and generate new service-based revenue streams leveraging NFC, while LG and Sony are adopting strategies to horizontally integrate NFC in their products.

ABI Research practice director John Devlin said up until this point banks and other service partners were holding back from committing to MNOs.

"Put simply the OEMs have innovated and made use of the simple abilities that NFC offers to increase interaction of people, devices, and their immediate environment," Devlin added.

The devices using NFC include the mobile, tablets, PCs and peripherals, speaker docks, televisions, cameras, gaming and domestic appliances, while other devices are also incorporating the technology, the report said.

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