Near Field Communication Market size was valued at US$ 23.46 Bn in 2022 and the total revenue is expected to grow at 14.2% through 2023 to 2029, reaching nearly US$ 59.44 Bn.

Market Values: The Near Field Communication (NFC) Market, valued at US$ 23.46 Bn in 2022, is projected to experience a robust growth of 14.2% CAGR, reaching nearly US$ 59.44 Bn by 2029.

Report Scope: The comprehensive report delves into the dynamics, market segmentation by product, device, operating mode, application, and end-user. It includes regional insights, providing a detailed analysis of the global Near Field Communication Market.

Research Methodology: The research methodology employed for this report ensures accuracy and reliability in the analysis. A detailed description of the methodology is available upon request through the free sample report.

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Dynamics: The NFC Market is witnessing rapid growth driven by factors such as the surge in mobile commerce, increasing smartphone penetration, and the secure transfer of data. The report highlights the dynamics, including the impact of contactless payments, the rise of mobile/contactless payments, and advancements in NFC technology.

Regional Insights:

  • North America: Dominates the market, driven by increased mobile/contactless payments and growing demand for home-based monitoring.
  • Europe: Holds the second-largest market share with a significant adoption rate of NFC applications, especially in Germany and the U.K.
  • Asia Pacific: Expected to grow at a higher CAGR, with major demand from countries like India, China, and Japan. Increased investments in R&D for advanced NFC devices contribute to the region’s growth.

Market Segment Analysis: The report segments the global NFC market based on product, device, application, and end-user, providing detailed insights into each category. Key segments include NFC Controller ICs, NFC Tags, NFC Readers, and NFC Secure Elements.

Conclusion: The objective of the report is to present a comprehensive analysis of the global Near Field Communication Market. It provides stakeholders with a clear understanding of market trends, dynamics, and regional variations. The report aids decision-makers by presenting a detailed analysis of key players, market size, and competitive strategies.

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Near Field Communication Market Segmentation:

by Device

Smartphone & Tablets
PCs & Laptops
Others (Infotainment and Stereo Headphone)

by Operating Mode

Reader/ writer mode
Card emulation mode
Peer-to-peer mode

Near Field Communication Market Key Players:

1. Qualcomm
2. Sony
3. Texas Instruments
4. Impak Health Nedap
5. Gentag Inc.
6. Omron Healthcare
7. Qolpac
8. A&D Company
9. NXP Semiconductors
10.Gemalto
11.Broadcom
12.Infineon Technologies
13.Inside Secure
14.MediaTek
15.Samsung Electronics Corporation
16.Renesas Electronics Corporation
17.STMicroelectronics NV.
18.Thales Group
19.Ams
20.Identive
21.HID Global
22.MagTek
23.Avery Dennison

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Table of content for the  Near Field Communication Market includes:

  1. Global  Near Field Communication Market : Research Methodology
  2. Global Near Field Communication Market : Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry
  1. Global Near Field Communication Market : Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • MA by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, SizeandForecast by different segment | 20232029
  • Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation A detailed analysis by growth and trend
  • Competitive Landscape Profiles of selected key players by region from a strategic perspective
  • Competitive landscape Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTERs analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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