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 research reports indicate a growing demand for NFC technology due to its convenience and security features. The market is expected to reach a size of $34 billion by 2026, driven by increasing adoption in payment systems, transportation, healthcare, and retail sectors.
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Companies Covered (Covid 19 Impact Covered)
◍ Gemalto
◍ Broadcom
◍ Infineon
◍ Inside Secure
◍ NXP
◍ MediaTek
- Competitive Landscape: Near Field Communication (NFC) market is dominated by companies like Gemalto, Broadcom, Infineon, Inside Secure, NXP, and MediaTek.
- These companies use NFC technology in various products like smartphones, payment terminals, wearables, and more.
- Sales Revenue Figures: NXP - $9.41 billion, Broadcom$24.5 billion, MediaTek - $11.8 billion.
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Market Segmentation
By Application
◍ Smartphone & Tablets
◍ PCs & Laptops
◍ Others
By Product
◍ Non-auxiliary products
◍ Auxiliary products
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Market Growth
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$ X Billion USD
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