# NFC, IoT and Security – the big three at MWC Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-02-24 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: Top 3 Mobile World Congress Trends: NFC, eSIM & TEE Meta Description: Discover the latest trends in mobile technology and how to ensure security, interoperability and success in deployments with FIME at Mobile World Congress. Tags: featured Tag URLs: featured (https://financedigest.com/tag/featured) URL: https://financedigest.com/nfc-iot-and-security-the-big-three-at-mwchtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/businessman-hand-touch-virt-1736844151003-compressed.jpg) **_Oleg Kosine,_** _Market Manager- Vendors, FIME_ Mobile World Congress brings together the biggest names in mobile, and the build up to Barcelona is always dominated by talk of ‘big-ticket’ product launches. To be successful, however, mobile technology must be both secure and interoperable. It may be less glamorous, but hacks and failures can have a catastrophic [impact on a brands’](https://www.financedigest.com/bad-interactions-and-unethical-practices-impacting-brand-loyalty.html "Bad interactions and unethical practices impacting brand loyalty") image, reputation and, ultimately, their bottom-line. So, behind the attraction of the latest VR solution and mobile handset launches, what will be the hot topics [critical to achieving deployment success](https://www.financedigest.com/five-critical-tips-to-create-a-successful-start-up.html "Five Critical Tips To Create A Successful Start-up")? - **NFC – here to stay** No one can argue that near field communication (NFC) is [gaining traction](https://www.financedigest.com/carmine-color-market-will-gain-traction-at-7-9-amid-growing-preference-for-natural-food-ingredients-fmi.html "Carmine Color Market Will Gain Traction at 7.9% amid Growing Preference for Natural Food Ingredients: FMI") and is being adopted by consumers. The market is predicted to top [$21 billion by 2021](http://www.openpr.com/news/428596/Near-Field-Communication-NFC-Market-to-Cross-US-21-Billion-Globally-by-2021.html), driven in part by the ever-increasing availability of NFC-enabled smartphones, the launch of the big name ‘Giant Pay’ mobile payments platforms and an expanding global contactless infrastructure. Wearable payments also represent a [huge growth opportunity](https://www.financedigest.com/quad-flat-no-lead-packaging-market-huge-growth-opportunity-between-2017-2027.html "Quad-Flat-No-Lead Packaging Market Huge Growth Opportunity between 2017-2027") for NFC technology. The current success of wearables has undoubtedly been built on health and fitness. But with [50% user abandonment](http://www.huffingtonpost.co.uk/jeroen-tas/where-are-wearables-heading_b_9747314.html) after 12 months, device manufacturers are looking to expand functionality beyond health and fitness to drive long-term adoption. And the ability of wearables to streamline the transaction process means that NFC payments are central to this strategy. Yet to ensure a consistent and secure experience across all form factors, products need to undergo functional and security [testing in a manner that is commercially feasible](https://www.financedigest.com/feasibility-of-interoperability-to-drive-the-host-cell-contaminant-testing-market.html "Feasibility of interoperability to drive the Host Cell Contaminant Testing Market"). ‘Integration’ is [key to control investment without limiting advances](https://www.financedigest.com/lte-and-lte-advance-market-potential-growth-share-demand-and-analysis-of-key-players-forecasts-to-2025.html "LTE And LTE Advance Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2025"). - **eSIM – [securing the future](https://www.financedigest.com/the-future-of-cyber-security.html "THE FUTURE OF CYBER SECURITY") of IoT** From [connected cars](https://www.financedigest.com/nvidia-mediatek-partner-on-connected-car-technology.html "Nvidia, MediaTek partner on connected car technology") to smart toasters, it is clear that the age of IoT is upon us. The industry is now faced with the unprecedented challenge of deploying and securing billions (potentially [_trillions_](http://www.slideshare.net/McKinseyCompany/no-ordinary-disruption-the-four-forces/3-iii_II_ll_ilsI_I)) of connected devices. For many, the embedded SIM (eSIM) is essential to stabilizing the ecosystem. eSIM is a non-removable component that supports remote provisioning capability. This means that IoT solutions can be updated to ensure [continued security](https://www.financedigest.com/hybrid-working-and-the-continued-security-challenges-for-financial-organisations.html "Hybrid working and the continued security challenges for financial organisations"), functionality and convenience, without having to change the SIM. As so many players are converging in this space, the [future of IoT is dependent on the industry’s](https://www.financedigest.com/applying-a-sustainable-lens-to-the-financial-industrys-future.html "Applying a sustainable lens to the financial industry’s future") ability to establish and implement a robust testing framework to ensure the conformance and interoperability of the eSIM across multiple stakeholders and use-cases. - **TEE – ensuring device security** Don’t underestimate the role of [consumer confidence](https://www.financedigest.com/asian-shares-rise-after-consumer-confidence-boosts-nasdaq-to-record-high.html "Asian shares rise after consumer confidence boosts Nasdaq to record high") in technical innovations. [Security fears can become a barrier to using an application](https://www.financedigest.com/five-ways-bad-bots-are-trying-to-crack-your-virtual-vaults-by-erez-hasson-strategist-application-security-at-imperva.html "Five Ways Bad Bots Are Trying To Crack Your Virtual Vaults"). Yet to be over secure can restrict functionality and performance. The mobile industry is [walking a constant tightrope](https://www.financedigest.com/walking-the-tightrope-in-insurance.html "Walking the tightrope in insurance") to balance these two elements. The Trusted Execution Environment (TEE) is a secure area of the main processor of connected devices that ensures sensitive [data is stored](https://www.financedigest.com/exclusive-tiktok-nears-deal-with-oracle-to-store-its-data-sources.html "Exclusive-TikTok nears deal with Oracle to store its data-sources"), processed and protected in an isolated, trusted environment. While it offers protection against software attacks, assists in the [control of access rights and houses](https://www.financedigest.com/analysis-u-s-regulators-could-be-pressured-by-slim-republican-house-control.html "Analysis-U.S. regulators could be pressured by slim Republican House control") sensitive applications, it also delivers a good level of functionality. The TEE is not new, but it is becoming recognized as a security basis for [mass market](https://www.financedigest.com/exclusive-renault-considers-making-mass-market-evs-in-india-sources.html "Exclusive-Renault considers making mass-market EVs in India -sources") mobile service deployments. [**Time to market**](https://www.financedigest.com/automotive-timing-chain-and-belt-market-to-be-valued-at-us-10-20-bn-by-2027-comprehensive-research-report-by-fmi.html "Automotive Timing Chain and Belt Market to be valued at US$ 10.20 Bn by 2027 – Comprehensive Research Report by FMI") All these conversations have one key element in common: how to get products to [market effectively](https://www.financedigest.com/the-npwt-suction-pads-market-to-grow-on-an-effective-and-accessible-note-backed-by-innovation.html "The Npwt Suction Pads Market to grow on an effective and accessible note backed by innovation") and successfully, while avoiding risks. Evolving the testing landscape to accommodate new features, while ensuring backward compatibility with the existing infrastructure is vital in any new [product launch](https://www.financedigest.com/new-product-launches-to-put-the-cod-liver-oil-market-in-a-good-stead.html "New Product Launches To Put The Cod Liver Oil Market In A Good Stead") strategy. When a new disruptive feature is added, everyone is looking to understand the impact. Creating an agile testing process that can reflect [market trends is fundamental if the mobile industry](https://www.financedigest.com/badminton-shoes-market-industry-insights-trends-and-forecast-up-to-2031.html "Badminton Shoes Market: Industry Insights, Trends and Forecast up to 2031") wants to continue its dynamic evolution within a sustainable and secure infrastructure. **To find out more and discuss your testing and certification requirements, [meet FIME at Business France](https://www.financedigest.com/france-to-host-pro-nuclear-meet-to-push-for-eu-recognition-of-climate-benefits.html "France to host pro-nuclear meet to push for EU recognition of climate benefits"), Hall 5B 61.** **_FIME’s offer_** _FIME has over 20 years’ experience in bringing [innovative technologies to market](https://www.financedigest.com/innovative-apps-to-foster-the-growth-of-gene-editing-technologies-market.html "Innovative apps to foster the growth of Gene Editing Technologies Market") quickly and efficiently._ _It has developed a comprehensive offer of consulting services, technical training, technology design, test tools and certification testing. Its experts support projects from start to finish, resolving the technical [challenges posed by implementing a complete portfolio](https://www.financedigest.com/investors-reorient-portfolios-amid-macroeconomic-challenges.html "Investors reorient portfolios amid macroeconomic challenges") of specifications, standards and multi-brand industry requirements._ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---