Reportstack has announced a new market research publication on NFC Technology in the Transportation Sector is a Key Trend Affecting the Global NFC POS Terminals Market which highlights NFC technology in the transportation sector as a key trend affecting this market. The findings are for the forecast period 2014-2018.
As per research analysis, the Americas is the highest contributor to this market owing to the early adoption of NFC technology in this area. The Retail, Hospitality, Banking, Financial Services and Insurance (BFSI), and Transportation sectors account for a major part of the demand for NFC POS terminals. Moreover, rapid technological advancement in the Americas is also leading to increased demand for improved information management systems. Furthermore, the focus on data integration, the growing need for mobile connectivity for POS systems, and the demand for technologically advanced asset management are also propelling the growth of the market in the Americas.
Speaking on this occasion, one of the senior analyst and co-author of this report stated that, “as the market mature, there will be increasing implementation of NFC Technology for check-in and passport verification systems at airports, fostering the demand for NFC POS terminals, which in turn will be propelling the growth of the market during the forecast period.”
To determine the scenario for these vendors in the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To view the table of contents and know more details please visit NFC Technology in the Transportation Sector is a Key Trend Affecting the Global NFC POS Terminals Market report.
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