Product Code: ETC4461821 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The United Arab Emirates (UAE) NFC Market is at the forefront of contactless technology adoption. NFC (Near Field Communication) enables quick and secure data exchange between devices and is widely used for mobile payments, access control, and transit systems. The market in the UAE is flourishing as more businesses and consumers embrace the convenience of NFC technology. Mobile payment services and smart card applications are becoming increasingly common, driving the demand for NFC-enabled devices and infrastructure. This market is instrumental in shaping the UAE transition toward a more digitized and contactless society.
The United Arab Emirates NFC (Near Field Communication) market is being primarily driven by the increasing adoption of contactless payment systems and the government`s push towards a cashless society. The convenience and security offered by NFC technology have led to its widespread integration in payment terminals, public transportation, and access control systems. Additionally, the proliferation of smartphones and the eagerness of businesses to provide seamless payment options are accelerating the growth of this market. With the UAE being a global hub for tourism and business, the demand for NFC technology is further boosted, making it a pivotal driver in the market`s expansion.
The Near Field Communication (NFC) market in the UAE faces challenges that impact its widespread adoption and integration. Limited awareness among consumers and businesses about the potential applications and benefits of NFC technology hinders its uptake. Furthermore, concerns related to security and privacy in NFC transactions contribute to skepticism and slow adoption. The need for standardized protocols and interoperability poses additional challenges for seamless integration into existing systems.
The NFC market faced initial setbacks due to reduced in-person transactions and the focus on contactless payments and interactions during the pandemic. However, the market adapted swiftly to the changing consumer behavior and witnessed increased adoption of NFC technology in various applications, leading to a notable rebound and accelerated growth.
Key players in the UAE NFC market include NXP Semiconductors N.V. and Broadcom Inc. Renowned for their expertise in near-field communication technology, these companies provide solutions for secure and contactless data transfer, contributing to applications in payment systems and smart devices in the UAE.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) NFC Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) NFC Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) NFC Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) NFC Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) NFC Market Revenues & Volume Share, By Device operating mode , 2021 & 2031F |
3.6 United Arab Emirates (UAE) NFC Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.7 United Arab Emirates (UAE) NFC Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) NFC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in the UAE |
4.2.2 Growing demand for NFC-enabled devices and technology in the region |
4.2.3 Government initiatives promoting digital payments and smart city solutions |
4.3 Market Restraints |
4.3.1 Security concerns related to NFC technology |
4.3.2 Lack of awareness and understanding among consumers about NFC technology |
4.3.3 Limited merchant acceptance of NFC payments in the UAE |
5 United Arab Emirates (UAE) NFC Market Trends |
6 United Arab Emirates (UAE) NFC Market, By Types |
6.1 United Arab Emirates (UAE) NFC Market, By Device operating mode |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Device operating mode , 2021-2031F |
6.1.3 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Reader emulation, 2021-2031F |
6.1.4 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Peer-To-Peer, 2021-2031F |
6.1.5 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Card Emulation, 2021-2031F |
6.2 United Arab Emirates (UAE) NFC Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Non-Auxiliary products, 2021-2031F |
6.2.3 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Auxiliary products, 2021-2031F |
6.2.4 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Softwares, 2021-2031F |
6.3 United Arab Emirates (UAE) NFC Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Residential & Commercial, 2021-2031F |
6.3.6 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Medical & Healthcare, 2021-2031F |
6.3.7 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.8 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.9 United Arab Emirates (UAE) NFC Market Revenues & Volume, By Hospitality, 2021-2031F |
7 United Arab Emirates (UAE) NFC Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) NFC Market Export to Major Countries |
7.2 United Arab Emirates (UAE) NFC Market Imports from Major Countries |
8 United Arab Emirates (UAE) NFC Market Key Performance Indicators |
8.1 Number of NFC-enabled devices in use in the UAE |
8.2 Growth in the number of NFC transactions processed |
8.3 Percentage increase in the adoption of NFC technology among businesses in the UAE |
9 United Arab Emirates (UAE) NFC Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) NFC Market Opportunity Assessment, By Device operating mode , 2021 & 2031F |
9.2 United Arab Emirates (UAE) NFC Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.3 United Arab Emirates (UAE) NFC Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) NFC Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) NFC Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) NFC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |