Contactless Infrastructure in the United States and Europe Is Enabling the Rapid Adoption of Near Field Communications for Mobile Payments at Points of Sale and Transport.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c55822) has announced the addition of the new Frost & Sullivan report "Advances in Near Field Communications Field Communications was a division of Field Enterprises, which owned the Chicago Sun-Times and the Chicago Daily News. The company owned independent television stations in the United States, with WFLD-TV in Chicago as its largest-market station. -- Contactless Identification and Interconnection Technologies" to their offering. This Frost & Sullivan research service titled, "Advances in Near Field Communications," provides an insight into the development and market potential of this technology around the globe. It includes a roadmap into the future of this technology and the applications enabled by it. In this study, Frost & Sullivan's expert analysts thoroughly examine NFC NFC abbr. National Football Conference and its commercialization based on industry inputs from multiple stakeholders. Marriage of Mobile Telephony and Contactless Technology Ushers in the Next Generation in the Mobile Industry In the evolution of mobile phones as an ubiquitous computing ubiquitous computing - Computers everywhere. Making many computers available throughout the physical environment, while making them effectively invisible to the user. Ubiquitous computing is held by some to be the Third Wave of computing. paradigm, near field communications (NFC) has emerged as yet another avenue to market new services and products via mobile telephony to the consumer. NFC is a short range wireless connectivity technology that is inherently secure because of its operating distance of less than 10 centimetres. "Although the technology is based on radio frequency identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) standards, the difference lies in the use of radio frequency waves for longer range communication and peer to peer connectivity for NFC communications," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the analyst of the study. "NFC is more about putting the user or consumer always in charge of their environment while transacting with this technology for e-commerce, digital rights management, and information exchange." The NFC standard is complementary to established wireless networks such as Bluetooth and Wireless Fidelity See Wi-Fi. (Wi-Fi). This standard is making its impact by addressing some of the concerns plaguing longer range wireless protocols, while also providing the requisite horsepower for e-commerce, transit and ticketing applications. The goal of this standard is to simplify the user experience with consumer electronics by using the power of touch - a simple wave or touch that establishes a connection between two NFC-compatible devices. Support for Contactless Infrastructures and Peer to Peer Mode of Operation Likely to Hike the Benefits of this Technology Contactless infrastructure in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe is enabling the rapid adoption of NFC for mobile payments at points of sale and transport, whereas, a mixed application trend is evident in Asia Pacific. It is estimated that one third of all mobile phones will be NFC-equipped in a span of three to five years and 2008 will be the tipping point The point in time in which a technology, procedure, service or philosophy has reached critical mass and becomes mainstream. See network effect. See also tip and ring. as far as commercially viable volumes are concerned. The service discovery component of NFC enabled by over-the-air (OTA (Over The Air) Refers to any wireless system such as AM/FM radio and network television that uses open space as its transmission medium. ) downloads is a vital feature of mobile-based NFC as this allows a multiapplication, multiservice single platform environment to flourish. Also, if a user's card is lost or stolen, the mobile operator can easily block or cancel the application OTA or through a financial service provider. On the flip side Flip side In the context of general equities, opposite side to a proposition or position (buy, if sell is the proposition and vice versa). , however, certain uses of NFC will only make sense if there is adequate infrastructure, that is, enough NFC-enabled phones and NFC forum-compliant devices to support it. "For instance, smart posters will require some penetration via the mobile phone to make its use case compelling," explains the analyst. "But as more and more use cases are developed, the drive for the technology will become more evident from the end-user perspective." Areas covered: - NFC Technology and Applications Impact - Evaluation of Market Adoption - Evaluation of Competitive Environment - Ecosystem - Technology Development and NFC Pilot Case Studies by Region For more information visit http://www.researchandmarkets.com/reports/c55822. |
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