The Future of Near Field Communication (NFC) Technology: Global Market Trends and Projections for 2022-2028 (2024)

IMIR Market Research a leading global market research firm, is pleased to announce its new report on Near Field Communication (NFC) Market, forecast for 2022-2028, covering all aspects of the market and providing up-to-date data on current trends.

Global Near Field Communication (NFC) Market size was valued at USD 20.52 Billion in 2021 and is projected to reach USD 53.59 Billion by 2028, growing at a CAGR of 14.7% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.

The Near Field Communication (NFC) market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Near Field Communication (NFC) market.

Scope of Near Field Communication (NFC) Market Report:

A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Near Field Communication (NFC) Market. On the basis of historic growth analysis and current scenario of Near Field Communication (NFC) market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Near Field Communication (NFC) market. This further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Near Field Communication (NFC) market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Near Field Communication (NFC) market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.

Near Field Communication (NFC) Market Players Analysis:

  • Broadcom
  • Identiverse
  • Infineon Technologies
  • MagTek
  • NXP Semiconductors
  • QUALCOMM TECHNOLOGIES INTERNATIONAL, LTD.
  • Samsung Electronics
  • Sony Electronics
  • Texas Instruments
  • Thales

Near Field Communication (NFC) Market Segmentation Analysis:

By Product Type

  • NFC Tags
  • NFC ICs/Chips
  • SIM Cards
  • NFC Readers
  • Others

By Operating Mode

  • Read/Write Mode
  • Peer-to-peer Mode
  • Card Emulation Mode

By End User

  • Retail
  • Transportation
  • Automotive
  • Residential & Commercial
  • Medical & Healthcare
  • Consumer Electronics
  • Banking & Finance
  • Hospitality
  • Others

The report also helps in understanding Global Near Field Communication (NFC) Market dynamics, structure by analyzing the market segments, and project the Global Near Field Communication (NFC)Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Near Field Communication (NFC) Market make the report investor’s guide.

Global Near Field Communication (NFC) Market Regional Analysis

1.North America (U.S., Canada, Mexico)

2.Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

3.Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

4.Latin America (Brazil, Rest of L.A.)

5.Middle East and Africa (Turkey, GCC, Rest of Middle East)

North America accounted for the highest xx% market share in terms of revenue in the Near Field Communication (NFC) market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Near Field Communication (NFC). The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Near Field Communication (NFC) companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Near Field Communication (NFC) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Points Covered in the Report:

  • The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
  • The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.
  • The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
  • Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
  • The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase:

  • To gain insightful analyses of the Near Field Communication (NFC) market and have comprehensive understanding of the global market and its commercial landscape.
  • Assess the production processes, major issues, and solutions to mitigate the development risk.
  • To understand the most affecting driving and restraining forces in the market and its impact in the global market.
  • Learn about the Near Field Communication (NFC) market strategies that are being adopted by leading respective organizations.
  • To understand the future outlook and prospects for the Near Field Communication (NFC) market. Besides the standard structure reports, we also provide custom research according to specific requirements.

Research Scope of Near Field Communication (NFC) Market:

  • Historic year: 2015- 2019
  • Base year: 2020
  • Forecast: 2021 to 2028
  • Representation of Market revenue in USD Million

About US:

IMIR® Market Research Pvt Ltd.

Intellectual Market Insights Research is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including, Semiconductor, Aerospace, Automation, Agriculture, Food & Beverages, Automotive, Chemicals and Materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports.

IMIR has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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The Future of Near Field Communication (NFC) Technology: Global Market Trends and Projections for 2022-2028 (2024)
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