Press release
Near Field Communication Chips (NFC) Market - Growing Adoption of Online or Contactless Payments Is Key Factor Boosting the Growth of This Market.
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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In 2018, the market size of Near Field Communication Chips (NFC) is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 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 researches the market size of Near Field Communication Chips (NFC) in United States, European Union and China, presents the Near Field Communication Chips (NFC) production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
In United States, European Union and China market, the following companies are covered:
NXP Semiconductors
Broadcom Corporation
Texas Instruments
Qualcomm
STMicroelectronics
MediaTek
Mstar Semiconductor
AMS
Sony Corporation
Marvell technology Group
Browse report Details with Complete ToC- https://www.qyresearch.com/index/detail/836625/global-united-states-european-union-and-china-near-field-communication-chips-nfc-market
Market Segment by Product Type
64 Bytes
168 Bytes
Others
Market Segment by Application
Consumer Electronics
Automotive
Medical
Others
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Near Field Communication Chips (NFC) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Near Field Communication Chips (NFC) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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In this study, the years considered to estimate the market size of Near Field Communication Chips (NFC) are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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