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Near Field Communication (NFC) Market: Global Forecast & Analysis (2011 - 2016) - Products (NFC Chip, Micro SD Card, Integrated SIM, Reader & Middleware), Applications (Mobile Payment, Ticketing, Booking, Data Sharing, Access Control, Non-Payment, Infotainment, Advertisement)

Near Field Communication (NFC) Market: Global Forecast & Analysis (2011 - 2016) - Products (NFC Chip, Micro SD Card, Integrated SIM, Reader & Middleware), Applications (Mobile Payment, Ticketing, Booking, Data Sharing, Access Control, Non-Payment, Infotainment, Advertisement)

Yesterday, Sony declared the welcome of a new mid-range smartphone, the Xperia M2, at MWC 2014 in Spain. The Japanese cellphone maker worked hard to bring the Android 4.3 Jelly Bean-based smartphone in reality as 'the slimmest 4G-enabled smartphone in its class' at a relatively thick 8.6mm. The cost of this product has been unveiled, and it will release globally in April 2014. According to the company, the model will be priced at under 220 Euros MSRP (roughly Rs. 18,800).

Google's Android framework has started providing standard APIs for accessing eSIM and managing subscription profiles on the eSIM since Android 9.A significant factor driving the growth of the eSIM market is the increase in M2M connections globally. Many M2M cases require remote monitoring, and managing the connection using traditional SIM becomes hectic. Telecom devices are among the largest adopters of eSIM solutions. With support from OEMs, network providers, and consumers, the implementation of eSIM is expected to boom during the forecast period. Other major end-users of eSIM, apart from telecom devices, are IoT devices and automobiles. eSIM occupies lesser space, which makes it an ideal choice for IoT device manufacturers. In the automotive industry, eSIM finds many use cases associated with vehicle telematics. For instance, norms including AIS 140 mandate the use of a GPS device with eSIM capability for public vehicles in India.

In terms of geography, the Americas account for the maximum market share in 2017 and will continue to dominate the market for the next four years. Growing research and development activities in the automotive industry and aerospace and defense industry is the major driving factor for the increasing