Near Field Communication Chips Market Emerging Trends and Strong Application Scope by 2025

Near-field communication is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm of each other.There is a need for efficiency and reliable mode of information sharing and this is driving the adoption of NFC chips. The requirement of faster access to data across industries is also a key factor behind the growing popularity of near field communication technology. The growing advancements and investments by players within the market are expected to help the market to grow within the forecast period.

The decreasing rates of NFC chips on account of the declining prices of various materials required for the manufacturing of these chips will make it very profitable for NFC market players. The increasing demand for connectivity between devices for information or data sharing will help the market to grow further. The growing adoption of online payments is another key factor boosting the growth of this market.

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The Near Field Communication Chips (NFC) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Near Field Communication Chips (NFC).This study focuses on the production side and consumption side of Near Field Communication Chips (NFC), presents the global Near Field Communication Chips (NFC) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Near Field Communication Chips (NFC) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.In terms of consumption side, this report focuses on the consumption of Near Field Communication Chips (NFC) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report includes the following manufacturers; we can also add the other companies as you want.

NXP Semiconductors

Broadcom Corporation

Texas Instruments

Qualcomm

STMicroelectronics

MediaTek

Mstar Semiconductor

AMS

Sony Corporation

Marvell technology Group

Market Segment by Product Type

64 Bytes

168 Bytes

Others

Market Segment by Application

Consumer Electronics

Automotive

Medical

Others

Market size split by Region

•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa

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