MARKET OVERVIEW
Contactless IC card chips use RFID and NFC technologies for secure, wireless data communication without physical contact. They are widely adopted in e-payment, ID authentication, access control, and public transport.
MARKET SIZE & GROWTH
• The global Contactless IC Card Chip Market was valued at USD 4006 million in 2024.
• It is expected to reach USD 6998 million by 2031.
• The market is growing at a CAGR of 8.5% during the forecast period.
