Near Field Communication Market Size, Share 2024

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Report Overview:

 Near-field communication also known as near-field wireless communication, is a short-range, high-frequency wireless communication technology that allows non-contact point-to-point data transmission and exchange of data between electronic devices.

 This report aims to provide a comprehensive presentation of the global market for Near Field Communication, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Near Field Communication. This report contains market size and forecasts of Near Field Communication in global, including the following market information:

Market Value:

 The global Near Field Communication market was valued at US$ 25870 million in 2023 and is projected to reach US$ 47860 million by 2029, at a CAGR of 9.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of

9.2%

(2024 – 2030)

By Types:

• Card Emulation • Reader Emulation • Peer-to-peer

By Applications:

Key players include:

NXP Semiconductors

Broadcom

Stmicroelectronics

Mediatek

Gemalto

Huawei Technologies

Inside Secure

Samsung Electronics

Texas Instruments

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Near Field Communication Market Size, Share 2024 by MarketResearch - Issuu