Near-field communication (NFC)
Market
Near-field communication (NFC) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Near-field communication (NFC) Market Size and Growth
The Near-field communication (NFC) market is experiencing robust growth, driven by increasing adoption in mobile payments and smart devices. In 2023, the market size is estimated to exceed $32 billion, fueled by advancements in contactless technology and rising consumer demand for seamless transaction experiences across various sectors, including retail and transportation. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Gemalto
◍ Broadcom
◍ Infineon
◍ Inside Secure
◍ NXP
◍ MediaTek
The NFC market features key players like NXP, Broadcom, and Infineon, which develop NFC-enabled chips for payments and IoT devices. Gemalto and Inside Secure enhance security solutions, while MediaTek integrates NFC into smartphones. Their innovations drive market growth through increased adoption across various sectors, especially mobile payments. Sales figures vary widely.
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Market Segmentation
By Application
◍ Smartphone & Tablets ◍ PCs & Laptops ◍ Others
By Product
◍ Non-auxiliary products ◍ Auxiliary products
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Market Growth
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$ X Billion USD
