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The near field communication (NFC) systems market is forecasted to grow by USD 29.62 billion during 2023-2028, accelerating at a CAGR of 16.83% during the forecast period. The report on the near field communication (NFC) systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of contactless payments, integration of NFC technology in smartphones, and rising government initiatives for digital payments.
The near field communication (NFC) systems market is segmented as below:
By Application
- Retail
- Automotive
- Transportation
- Others
By Product
- NFC readers
- NFC chips
- NFC tags
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the near field communication (NFC) systems market covers the following areas:
- Near field communication (NFC) systems market sizing
- Near field communication (NFC) systems market forecast
- Near field communication (NFC) systems market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global near field communication (NFC) systems market: ASSA ABLOY AB, Avery Dennison Corp., Broadcom Inc., Infineon Technologies AG, Intel Corp., KISI Inc., MagTek Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sony Group Corp., STMicroelectronics International N.V., Texas Instruments Inc., Thales Group, The Swatch Group Ltd., Zebra Technologies Corp., and Zeus RFID.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing m and a, partnerships, and collaborations."
According to the report, one of the major drivers for this market is the increased adoption of contactless payments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASSA ABLOY AB
- Avery Dennison Corp.
- Broadcom Inc.
- Infineon Technologies AG
- Intel Corp.
- KISI Inc.
- MagTek Inc.
- Murata Manufacturing Co. Ltd.
- Nordic Semiconductor ASA
- NXP Semiconductors NV
- Qualcomm Inc.
- Renesas Electronics Corp.
- Samsung Electronics Co. Ltd.
- Sony Group Corp.
- STMicroelectronics International N.V.
- Texas Instruments Inc.
- Thales Group
- The Swatch Group Ltd.
- Zebra Technologies Corp.
- Zeus RFID
