The global Near-Field Communication (NFC) market size is expected to reach USD 87.53 Billion in 2032 and register a steady revenue CAGR of 14.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of wearable technology is a major factor driving revenue growth of the market. Activity trackers in the sporting goods sector as well as companies that provide high-end fashion accessories are driving expansion of wearable technology. Near Field Communication (NFC) and wireless charging technology are rapidly being incorporated with built-in connectivity technologies such as Wi-Fi and Bluetooth in wristbands. NFC is used to make contactless payments utilizing EMVCo-compatible technology. Undoubtedly, it is convenient to be able to make purchases without having to take out one's wallet or to go for a run without having to bring a phone or wallet. Wearables are increasingly using wireless charging. These devices batteries need to be often recharged. The ability to wirelessly charge the device is innovative for the wearable sector since it eliminates the need to bring a charger or go home.

The report considers 2017-2018 as historical years, 2019 as the base year, and 2020-2027 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans. The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the Near Field Communication market. It puts examines drivers and restraints of the Near Field Communication market and analyzes their impact on the industry throughout the forecast period.

Get Free Exclusive Sample PDF Copy: @ https://www.emergenresearch.com/request-sample/1688

 Key Players operating in the industry are:

NXP Semiconductors, Broadcom, Qualcomm Technologies, Inc., Texas Instruments Incorporated, STMicroelectronics, Samsung, Renesas Electronics Corporation, Intel Corporation, Toshiba Corporation, and ams-OSRAM AG                                                        

Radical Features of the Near Field Communication Market Report:

• The report encompasses Near Field Communication market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Near Field Communication industry

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1688

Segmentation:

• Device Operating Mode Outlook (Revenue, USD Million; 2019–2032)

  • Reader Emulation
  • Peer-to-Peer
  • Card Emulation

• Offering Outlook (Revenue, USD Million; 2019–2032)

  • Non-Auxiliary Products
    1. NFC ICS & Antennas
    2. NFC Tags
    3. NFC Readers
  • Auxiliary Products
    1. NFC Micro SD Cards
    2. NFC Covers
  • Software

• Application Outlook (Revenue, USD Million; 2019–2032)

  • Retail
    1. Product Identification
    2. Transaction
  • Transportation
    1. Ticketing
    2. Access Control
  • Automotive
    1. Low-End
    2. Mid-Range
    3. High-End
  • Residential & Commercial
    1. Physical Access
    2. Time& Attendance
    3. Automated Locking System
    4. Smart Lighting
  • Medical & Healthcare
    1. Medical Devices
    2. Access Control
  • Consumer Electronics
    1. Wearable Devices
    2. Mobile Phones/Tablets
    3. Laptops/Personal Computers
    4. Cameras
    5. Printers
    6. Gaming Devices
    7. Others
  • Banking & Finance
    1. E-Money Services (POS Machines)
    2. Multiforex Cards
  • Hospitality
    1. Access Control
    2. Transaction
  • Others
    1. Education
    2. Government

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/near-field-communication-market

Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.  

Read similar reports by Emergen Research:

Portable Printer Market

https://www.emergenresearch.com/industry-report/portable-printer-market

Usb Flashdrives Market

https://www.emergenresearch.com/industry-report/usb-flashdrives-market

Legal Online Dispute Resolution Market

https://www.emergenresearch.com/industry-report/legal-online-dispute-resolution-market

E-Waste And Information Technology Asset Disposition Market

https://www.emergenresearch.com/industry-report/e-waste-and-information-technology-asset-disposition-market

Data Center Backup And Recovery Solutions Market

https://www.emergenresearch.com/industry-report/data-center-backup-and-recovery-solutions-market

Pet Camera Market

https://www.emergenresearch.com/industry-report/pet-camera-market

Hyperscale Computing Market

https://www.emergenresearch.com/industry-report/hyperscale-computing-market

Optically Clear Adhesives Market

https://www.emergenresearch.com/industry-report/optically-clear-adhesives-market

Car Tuning Market

https://www.emergenresearch.com/industry-report/car-tuning-market

Silicone Market

https://www.emergenresearch.com/industry-report/silicone-market

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Trending Titles: Saffron Market |Lithium Iron Phosphate Battery Market

Latest Report:Eye Tracking Market |Wireless Connectivity Market