NFC Chip Market on a Strong Growth Trajectory: Expected to Hit $7.6...

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2024-08-13 06:02:08 -

NFC Chip Market on a Strong Growth Trajectory: Expected to Hit $7.6 Billion by 2033

The market for NFC chips is expected to grow from its estimated US$ 1.9 billion in 2023 to US$ 7.6 billion by the end of 2033, at a compound annual growth rate of 15%. Devices may communicate with one another when they are brought close to one another, usually within a few centimeters, thanks to a short-range wireless technology called near field communication (NFC). Operating at a...

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