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Contactless Connectors Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

12-04-2024 07:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Contactless Connectors Market Size Report Predicts Healthy

The global contactless connector market is anticipated to grow at a CAGR of 17.2% during the forecast period (2024-2031). The market growth is attributed to a rise in the adoption of Internetof Things (IoT) technology globally. Contactless connectors facilitate data exchange and communication between IoT devices including smart home devices, industrial automation, and healthcare systems., thus facilitating the integration of controllers, sensors, and actuators without physical linkages. For instance, in December 2023, Qualcomm expanded its offering to simplify and accelerate IoT across multiple industries. Qualcomm Technologies, Inc., announced the Qualcomm Aware platform, which empowers developers and enterprises to harness real-time information and data insights to accelerate their digital transformation programs. The platform will provide a new baseline for IoT and help enterprises drive operational efficiencies. Among the critical use cases to be served by Qualcomm Aware are cold chain distribution, utility asset monitoring, cargo shipment tracking, and warehouse and inventory management.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/contactless-connectors-market

Moreover, collaborations and investment havebeen on a constant rise in consumer electronics, cloud services, and advanced technology space. For instance, in May 2022, STMicroelectronics and Amazon Web Services (AWS) collaborated to secure IoT connections to the AWS cloud. STMicroelectronics serving customers across the spectrum of electronics applications, created a new AWS FreeRTOS-qualified, TF-M-based reference implementation, working in conjunction with Amazon web services (AWS), an ST-authorized partner, to easily and securely connect Internetof Things (IoT) devices to the AWS cloud.

Global Contactless Connector Market Report Segment

By Product Type

NFC connectors
RFID connectors
Wireless charging connectors
Wireless Data Transfer Connectors
Infrared Wireless Connections

By Mode Of Operation

Full-duplex Connectivity
Half-Duplex Connectivity
Simplex Connectivity

By Industry Vertical

Automotive
Consumer Electronics
Healthcare
Industrial

A full report of Contactless Connectors Market available @ https://www.omrglobal.com/industry-reports/contactless-connectors-market

Contactless Connectors Market Report Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Schleifring Gmbh
Moog Inc.
Spinner GmbH
Phoenix Contact
Cobham Ltd.
NSD Corp.
Weidmüller Interface GmbH & Co.KG
Mercotac Inc.
YAZAKI Corp.
Uniqconn Inc.
Induct EV Inc.

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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