Near Field Communication Chips (NFC) Market
Near Field Communication Chips (NFC) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Near Field Communication Chips (NFC) Market Size and Growth
The global Near Field Communication Chips (NFC) market is expected to witness significant growth due to increasing adoption of contactless payments and digital wallets. The market size is projected to reach $42.12 billion by 2025, driven by the rising demand for secure and convenient payment solutions.
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Companies Covered (Covid 19 Impact Covered)
◍ NXP Semiconductors
◍ Broadcom Corporation
◍ Texas Instruments
◍ Qualcomm
◍ STMicroelectronics
◍ MediaTek
◍ Mstar Semiconductor
◍ AMS
◍ Sony Corporation
◍ Marvell technology Group
The Near Field Communication (NFC) chips market is highly competitive with key players such as NXP Semiconductors, Broadcom Corporation, Texas Instruments, Qualcomm, STMicroelectronics, MediaTek, Mstar Semiconductor, AMS, Sony Corporation, and Marvell Technology Group. These companies use NFC technology in various applications such as mobile payments, access control, and smart homes, contributing to the growth of the NFC market.
- NXP Semiconductors: $8.89 billion in sales revenue
- Broadcom Corporation: $22.60 billion in sales revenue
- Texas Instruments: $15.37 billion in sales revenue
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Market Segmentation By Application By Product ◍ 64 Bytes ◍ 168 Bytes ◍ Others ◍ Consumer Electronics ◍ Automotive ◍ Medical ◍ Others
Market Growth
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$ X Billion USD
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