Press release
Near Field Communication (NFC) Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis - Broadcom Inc., Identive, Infineon Technologies, Magtek
Near Field Communication (NFC) Market
To Remain 'Ahead' Of Your Competitors, Request for A Sample - https://www.globalinsightservices.com/request-sample/GIS23851
Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies.
Report also includes comprehensive analysis of key issues, trends and drivers, rest Blockchain Market raints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Read More Report of Near Field Communication (NFC) Market: https://www.globalinsightservices.com/reports/near-field-communication-nfc-market/
Near Field Communication (NFC) is a technology for wirelessly communicating between two devices that are close together, typically less than four inches. NFC allows these devices to share information and perform tasks such as making payments or exchanging data. NFC is based on radio-frequency identification (RFID) technology, which uses electromagnetic fields to communicate between devices. NFC builds on this technology by adding the ability to send and receive data, making it more versatile than RFID.
Key Trends
NFC technology has become increasingly popular in recent years, as it offers a convenient way for users to exchange data and make payments. NFC-enabled devices can be used to make contactless payments, exchange digital business cards, and share photos and other files. NFC can also be used for security purposes, such as unlocking doors or making secure payments.
One of the key trends in NFC technology is the increasing adoption of NFC-enabled smartphones. This growth is being driven by the increasing availability of NFC-enabled devices, as well as by the growing number of applications that use NFC technology.
Another key trend is the increasing use of NFC tags. NFC tags are small stickers or labels that can be placed on objects, such as products, posters, or business cards. NFC tags can be read by NFC-enabled devices, and can be used to trigger a variety of actions, such as opening a website, sending a text message, or making a payment. NFC tags are becoming increasingly popular, as they offer a convenient way for users to interact with the physical world.
Finally, another key trend is the increasing use of NFC in the Internet of Things (IoT). NFC-enabled devices can be used to communicate with other devices and sensors in the IoT, enabling a variety of new applications and services. For example, NFC-enabled devices can be used to control smart home devices, such as lights, thermostats, and security systems. NFC can also be used to collect data from sensors in the IoT, such as for monitoring purposes.
Get a customized scope to match, your need ask an expert - https://www.globalinsightservices.com/request-customization/GIS23851
Key Drivers
One of the key drivers of the Near Field Communication (NFC) market is the increasing adoption of NFC-enabled devices. NFC-enabled devices allow users to perform various tasks such as making payments, exchanging data, and accessing information by simply touching the device to an NFC reader. NFC-enabled devices are becoming increasingly popular due to their convenience and ease of use.
Another key driver of the NFC market is the increasing number of NFC-enabled applications and services. NFC-enabled applications and services allow users to perform a variety of tasks such as making payments, exchanging data, and accessing information. NFC-enabled applications and services are becoming increasingly popular due to their convenience and ease of use.
The increasing adoption of NFC-enabled devices and the increasing number of NFC-enabled applications and services are expected to drive the growth of the NFC market.
For In-Depth Competitive Analysis, Purchase this Report - https://www.globalinsightservices.com/checkout/single_user/GIS23851
Market Segments
The Near Field Communication (NFC) Market is segmented by product type, end-users, and region. By product type, the market is divided into NFC tags, NFC ICs/chips, SIM cards, and others. Based on end-users, it is bifurcated into retail, transportation, automotive, residential & commercial, medical & healthcare, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Near Field Communication (NFC) Market includes players such as Broadcom Inc., Identive, Infineon Technologies, Magtek, Nxp Semiconductors, Qualcomm Technologies, Inc, Samsung Electronics Co. Ltd, Sony Corporation, Texas Instruments Incorporated, and Thales Group.
New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Near Field Communication (NFC) Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis - Broadcom Inc., Identive, Infineon Technologies, Magtek here
News-ID: 3083328 • Views: …
More Releases from Global Insight Services
Submersible Pump Market Is Anticipated To Expand From $14.5 Billion In 2024 To $ …
Market Overview
The Submersible Pump Market is anticipated to expand from $14.5 billion in 2024 to $21.8 billion by 2034, registering a steady CAGR of approximately 4.2%. Submersible pumps are designed for submerged operations in various fluids, enabling efficient water extraction, sewage treatment, and oil and gas applications. These pumps are extensively used across sectors such as agriculture, municipal infrastructure, and industrial processes, offering reliable performance in demanding environments. The market's…
Special Mission Aircraft Market Is Anticipated To Expand From $17.3 Billion In 2 …
Market Overview
The Special Mission Aircraft Market is witnessing substantial expansion, driven by the rising need for versatile and technologically advanced aircraft tailored for unique operational roles. These aircraft are not limited to traditional transport duties but are equipped for specific missions such as intelligence gathering, surveillance, reconnaissance, search and rescue, and maritime patrol. As defense and homeland security agencies worldwide focus on enhancing situational awareness and operational efficiency, the Special…
Medical Tourism Market Is Anticipated To Expand From $115.6 Billion In 2024 To $ …
Market Overview
The Medical Tourism Market has emerged as a transformative force within the global healthcare ecosystem, offering patients an affordable and accessible alternative to high-cost treatments in their home countries. It represents a growing trend where individuals travel abroad to receive medical services ranging from elective cosmetic procedures to complex surgeries. The demand surge is primarily fueled by cost-effectiveness, high-quality care, shorter waiting times, and the availability of advanced treatments…
Magnetic Sensor Market Is Anticipated To Expand From $5.42 Billion In 2024 To $1 …
Market Overview
The Magnetic Sensor Market is anticipated to expand from $5.42 billion in 2024 to $12.48 billion by 2034, growing at a CAGR of approximately 8.7%. This rapid growth reflects the rising integration of magnetic sensing technologies across diverse industries such as automotive, consumer electronics, healthcare, and industrial automation. These sensors are essential for detecting magnetic fields and translating them into electrical signals, enabling applications like navigation, position sensing, current…
More Releases for NFC
NFC Business Card Market Segmentation Analysis by Application, Type, and Key Pla …
New Jersey, US State: "The global NFC Business Card market in the Information Technology and Telecom category is projected to reach USD 4.2 billion by 2031, growing at a CAGR of 15.2% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 1.5 billion in 2024, highlighting strong growth potential throughout the forecast period."
The NFC Business…
Near Field Communication (NFC) Market 2020 Global Industry Size, Share, Trend an …
Description
New Research Study ""Near Field Communication Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook"" has been added to Coherent Market insight
global near field communication market is estimated to be valued at US$ 22,282.8 million in 2021 and is expected to exhibit a CAGR of 16.4 % over the forecast period (2021-2028).
The dynamics of the Near Field Communication market is discussed…
NFC Systems Market Report 2018: Segmentation by Type (NFC readers, NFC chips, NF …
Global NFC Systems market research report provides company profile for Renesas Electronics, Sony, Qualcomm, Smartrac, STMicroelectronics, SanDisk, Broadcom, INSIDE SECURE, MediaTek, NXP Semiconductors and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report…
Growing Demand for Upgraded NFC POS Terminals to drive NFC Systems Industry
NFC systems bring two devices in close proximity to enable peer-to-peer communication. End-users use this technology to transfer information from their devices to other NFC devices, such as smartphones and NFC tags. The system directly transfers data between phones or phones and POS devices. Many mobile phone operators are looking for ways to further develop this technology.
Research analysts forecast the global NFC systems market to grow at a CAGR of…
Near Field Communication (NFC) Market (By Products - NFC Controller ICs (Chips), …
Near Field Communication (NFC) is a wireless technology and mainly finds application in mobile phones and tablets PC for data exchange and transactions in a close range. It is based on RFID technology and has emerged as an alternative to other wireless technologies for short range data exchange such as Wi-Fi, Bluetooth and other radio protocols. NFC offers added advantage of high security As compared to other wireless technologies. The…
NFC Technology Market -
Near field communication (NFC) has been around since past few years but was not yet implemented as it was undergoing pilot testing phase. Considerable research and developments have been made in this field and several prototypes are developed for number of products and applications. Major application areas of NFC include mobile payments, data sharing, and advertisement among others. Although there are limited products commercially available today using NFC technology, this…
