Global Near Field Communication (NFC) Chips Market Report

Global Near Field Communication (NFC) Chips Market is poised to witness substantial growth, reaching a value of USD 16.16 Billion by the year 2033, up from USD 5.89 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 11.86% between 2025 and 2033.

Near Field Communication (NFC) Chips Market Size and Forecast 2025 to 2033

The Near Field Communication (NFC) Chips market is experiencing robust expansion, driven by the escalating adoption of contactless technologies across a multitude of sectors. The convenience and security inherent in NFC functionality are proving to be pivotal in its widespread integration into daily transactions and various interactive applications. The increasing penetration of NFC-enabled smartphones and other smart devices globally underpins this growth, enabling seamless interactions in areas such as mobile payments and access control systems. Further impetus stems from the burgeoning Internet of Things (IoT) ecosystem, where NFC chips facilitate simplified device pairing and data exchange. The continuous innovation in NFC chip design, focusing on enhanced security features and miniaturization, is also significantly contributing to its market traction, creating new opportunities for integration in diverse end-use verticals.

Market Dynamics

Near Field Communication (NFC) Chips Market Drivers

• Proliferation of Contactless Payments: The widespread embrace of contactless payment solutions is a primary catalyst for the Near Field Communication (NFC) chips market. Consumers and businesses increasingly favor the speed, convenience, and enhanced security offered by tap-to-pay methods. According to data from the Federal Reserve, contactless payments continue to gain traction, with a substantial portion of card-present transactions now being contactless in numerous economies. This shift is particularly evident in retail environments, where the expedited checkout process significantly improves customer experience. The ongoing digital transformation initiatives, often supported by government agencies promoting cashless societies, further accelerate the deployment of NFC-enabled point-of-sale terminals and the issuance of NFC-equipped payment cards.
• Rising Adoption of Smartphones and Wearable Devices: The omnipresence of smartphones equipped with NFC capabilities is a significant driver for the NFC chips market. Nearly all contemporary smartphones include NFC functionality, making it a readily available technology for a vast global user base. The widespread availability of NFC in these devices encourages the development and adoption of numerous applications beyond payments, such as ticketing, loyalty programs, and data sharing. Furthermore, the burgeoning wearable technology segment, encompassing smartwatches and fitness tracker, increasingly integrates NFC chips to enable convenient contactless payments and access control functionalities directly from the wrist. This integration caters to consumer demand for seamless and integrated digital experiences, transforming wearables into multi-functional tools.
• Growth of the Internet of Things (IoT) Ecosystem: The expansive growth of the Internet of Things (IoT) ecosystem is fundamentally fueling the demand for Near Field Communication (NFC) chips. NFC offers a simple, intuitive, and energy-efficient solution for device provisioning, authentication, and data exchange within IoT networks. For instance, NFC tags can be embedded in smart home appliance, industrial sensors, and consumer goods, allowing users to effortlessly pair devices, access product information, or initiate actions with a mere tap of an NFC-enabled smartphone. This "tap-to-connect" paradigm simplifies complex IoT setups, enhances user experience, and reduces the need for cumbersome manual configurations.
• Increasing Demand for Enhanced Security and Authentication: The escalating need for robust security and authentication solutions across various applications is a crucial driver for the Near Field Communication (NFC) chips market. NFC technology inherently offers a high level of security due to its short operational range, typically a few centimeters, which minimizes the risk of eavesdropping or unauthorized access during data transfer. This characteristic makes it ideal for sensitive applications such as secure mobile payments, digital identity verification, and access control systems. Financial institutions and government entities are increasingly leveraging NFC for secure transactions and official identification documents, recognizing its cryptographic capabilities and resistance to skimming.

Near Field Communication (NFC) Chips Market Opportunities

• Expansion in Smart City Initiatives: The ongoing global surge in smart city development presents substantial opportunities for the Near Field Communication (NFC) chips market. Smart city projects emphasize enhanced urban living through interconnected technologies, and NFC can play a pivotal role in various applications. For instance, NFC-enabled public transportation systems allow for seamless ticketing and fare payment, improving efficiency and user convenience. Furthermore, NFC can be integrated into smart parking solutions, waste management systems, and public information kiosks, facilitating intuitive citizen interaction and data collection. The investment by municipal governments and national infrastructure development bodies in smart city infrastructure, often publicized by urban planning agencies, indicates a significant avenue for NFC chip deployment.
• Growth in Digital Identity and Access Control: The escalating global trend towards digital identity verification and enhanced access control systems offers significant opportunities for the Near Field Communication (NFC) chips market. NFC technology provides a secure and convenient method for authenticating individuals and granting access to restricted areas, both physical and digital. This includes applications such as secure building entry, corporate network logins, and even national ID cards or passports. The shift away from traditional physical credentials towards digital counterparts, often mandated by government agencies and international travel organizations seeking heightened security measures, necessitates robust and reliable authentication mechanisms. NFC chips, embedded in smart cards, mobile devices, or biometric systems, facilitate rapid and secure verification processes.
• Integration in Industrial IoT and Asset Tracking: The burgeoning industrial Internet of Things (IIoT) sector and the growing need for efficient asset tracking solutions present a compelling opportunity for Near Field Communication (NFC) chips. Within industrial settings, NFC tags can be affixed to machinery, equipment, and inventory, enabling quick identification, maintenance history access, and streamlined inventory management through a simple tap of an NFC-enabled device. This capability reduces manual errors, improves operational efficiency, and facilitates predictive maintenance. The push for Industry .0 and smart manufacturing initiatives, highlighted by industrial development organizations and automation technology associations, emphasizes the need for real-time data and seamless connectivity.
• Emergence of NFC in Automotive Applications: The automotive industry is increasingly integrating Near Field Communication (NFC) technology, creating a notable market opportunity for NFC chips. NFC is being utilized for applications such as keyless entry systems, digital car keys on smartphones, and personalized in-car experiences. With a simple tap, users can unlock and start their vehicles, customize infotainment settings, or securely pair their mobile devices for seamless connectivity. The automotive sector's continuous drive towards enhanced user convenience, connectivity, and security, as evidenced by advancements publicized by global automotive associations and technology consortia, positions NFC as a critical enabler.

Near Field Communication (NFC) Chips Market Restrain & Challenges

• Interoperability and Standardization Issues: A significant challenge for the Near Field Communication (NFC) chips market lies in ensuring seamless interoperability and consistent standardization across diverse devices and platforms. While the NFC Forum works to establish global standards, variations in implementation and proprietary extensions by different manufacturers can lead to compatibility issues. This can result in a fragmented user experience, where an NFC-enabled device or tag may not function consistently across all readers or applications. Such inconsistencies can deter widespread adoption, particularly in mission-critical applications where reliability is paramount. The absence of a universally enforced and strictly adhered-to standard can hinder the seamless exchange of data and limit the full potential of NFC technology.
• Security Concerns and Data Privacy: Despite its inherent short-range security, public perception regarding the security and privacy of data exchanged via Near Field Communication (NFC) presents a notable challenge for the market. While NFC transactions are generally considered secure due to the close proximity requirement and encryption protocols, consumer apprehension about potential vulnerabilities, such as unauthorized access or data skimming, can impede adoption. This concern is often fueled by sensationalized media reports or a general lack of understanding regarding NFC's security mechanisms. Addressing these perceptions requires transparent communication and robust security implementations. Government regulatory bodies and consumer protection agencies frequently emphasize data privacy and security in digital transactions, which can lead to stringent compliance requirements for NFC solutions.
• Limited Range and Data Transfer Speed: The inherent limitations in the operational range and data transfer speed of Near Field Communication (NFC) technology pose a challenge for its application in certain scenarios. NFC is designed for very short-range communication, typically up to a few centimeters, which can be restrictive for applications requiring greater flexibility or distance. While this short range enhances security, it can also limit convenience in situations where a user cannot bring devices into very close proximity. Furthermore, NFC's data transfer speeds, while sufficient for small data packets like payment information or URLs, are significantly lower compared to other wireless technologies such as Bluetooth or Wi-Fi.
• Competition from Alternative Wireless Technologies: The Near Field Communication (NFC) chips market faces significant competition from a range of alternative wireless technologies, which can limit its adoption in certain use cases. Technologies such as Bluetooth Low Energy (BLE) and QR codes offer varying advantages in terms of range, cost, and ease of implementation. BLE, for instance, provides a longer communication range and is widely integrated into mobile devices, making it suitable for applications like asset tracking over larger areas or device pairing from a distance. QR codes, while requiring a visual scan, are inexpensive to implement and widely recognized, particularly in regions with high smartphone penetration. The U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA) monitors the landscape of wireless technologies. While NFC excels in secure, tap-and-go interactions, the presence of these alternatives necessitates a clear differentiation of NFC's unique value proposition to ensure its continued growth and relevance across various application segments.

Current Trends in the Near Field Communication (NFC) Chips Market

• Enhanced Integration with Biometrics and Secure Elements: A prominent trend in the Near Field Communication (NFC) chips market is the increasingly sophisticated integration with biometric authentication methods and dedicated secure elements. This synergy significantly elevates the security of NFC transactions and interactions. For instance, NFC payments on smartphones often require fingerprint or facial recognition alongside the tap, providing a multi-layered security approach. Moreover, NFC chips are being designed with embedded secure elements, specialized hardware components that securely store sensitive data like payment credentials and cryptographic keys, making them highly resistant to tampering and cyber threats. This trend aligns with the growing emphasis on digital trust and robust authentication across various sectors, particularly in finance and identity management.
• Development of Extended Range NFC Solutions: A significant technological advancement trend in the Near Field Communication (NFC) chips market involves the exploration and development of extended-range NFC solutions. While traditionally operating within a few centimeters, research and development efforts are focused on moderately increasing this operational distance to enhance user convenience without compromising the inherent security benefits of short-range communication. This evolution aims to broaden the applicability of NFC in scenarios where precise proximity might be challenging, such as certain retail checkout experiences or smart home interactions. The NFC Forum, a leading industry association, has outlined plans to examine ranges four to six times the current operating distance, which could make contactless transactions more accessible and faster.
• Miniaturization and Energy Efficiency for Wearables and IoT: A key trend influencing the Near Field Communication (NFC) chips market is the continuous drive towards greater miniaturization and enhanced energy efficiency. This development is crucial for the pervasive integration of NFC into increasingly compact devices, particularly wearables and the vast array of Internet of Things (IoT) devices. As smartwatches, fitness trackers, and various smart sensors become smaller and more power-conscious, the demand for NFC chips that consume minimal energy and occupy negligible physical space becomes paramount. Manufacturers are focusing on developing ultra-small form factor NFC chips that can be seamlessly embedded into even the most constrained designs, allowing for contactless functionalities without significantly impacting battery life. This trend aligns with the broader industry move towards ubiquitous computing and ambient intelligence, where discreet yet powerful connectivity is essential.
• Increased Adoption in Smart Packaging and Brand Protection: The Near Field Communication (NFC) chips market is observing a rising trend in its adoption within smart packaging and for brand protection applications. NFC tags embedded in product packaging allow consumers to simply tap their smartphones to access detailed product information, verify authenticity, view promotional content, or even reorder items. This transforms static packaging into an interactive digital touchpoint, enhancing consumer engagement and providing valuable data to brands. Furthermore, NFC plays a crucial role in combating counterfeiting, offering a secure and verifiable means of product authentication throughout the supply chain. Government agencies, such as the U.S. Food and Drug Administration (FDA), are increasingly encouraging the use of verifiable technologies to ensure product safety and traceability, especially in pharmaceuticals and food. This trend not only empowers consumers with greater transparency but also provides brands with a powerful tool to protect their intellectual property and build trust in their products.

Segmentation Insights

Near Field Communication (NFC) Chips market Analysis, By Product Type

By Product Type, the market is categorized into NFC Tags, NFC Readers, and NFC ICs.

• The leading segment in the Near Field Communication (NFC) Chips market by product type is NFC ICs. This dominance can be attributed to their foundational role as the core component enabling NFC functionality across a vast array of devices. NFC ICs are integrated into virtually every NFC-enabled product, including smartphones, payment terminals, wearables, and access control systems. Their advanced capabilities in secure data processing, encryption, and efficient communication protocols make them indispensable for a wide range of applications, from contactless payments to peer-to-peer data exchange. The continuous innovation in NFC IC design, focusing on miniaturization, enhanced security features, and lower power consumption, further solidifies their central position in the market. As the demand for NFC-enabled devices continues to proliferate globally, the inherent necessity of NFC ICs for their operation ensures this segment's leading position.
• The fastest-growing segment in the Near Field Communication (NFC) Chips market by product type is NFC Tags. This rapid growth is driven by the increasing versatility and cost-effectiveness of NFC tags, enabling their deployment in a diverse and expanding range of applications. NFC tags are passive devices that do not require a power source, making them ideal for integration into smart posters, product packaging, loyalty cards, and various IoT applications. The ease of programming and deployment, coupled with their low manufacturing cost, makes them highly attractive for mass market applications. The rising consumer awareness of NFC capabilities in smartphones has further fueled the adoption of NFC tags for interactive marketing, brand protection, and asset tracking. As industries seek innovative and affordable solutions for physical-to-digital interactions, NFC tags offer a compelling proposition, leading to their accelerated growth within the market.

Near Field Communication (NFC) Chips market Analysis, By Application

By Application, the market is categorized into Retail, Transportation, Healthcare, Consumer Electronics, Automotive, and Others.

• The leading segment in the Near Field Communication (NFC) Chips market by application is Consumer Electronics. This segment's dominance is primarily driven by the widespread integration of NFC technology into smartphones, which serve as the primary interface for a vast array of NFC applications. Beyond smartphones, NFC is extensively incorporated into other consumer electronic devices such as smartwatches, tablets, and gaming consoles, enabling functionalities like contactless payments, device pairing, and data transfer. The consumer electronics sector consistently pushes technological boundaries, integrating new features that enhance user convenience and connectivity. The sheer volume of consumer electronic devices manufactured and sold globally, coupled with the increasing consumer expectation for seamless and intuitive interactions, ensures the sustained leadership of this application segment in the NFC chips market.
• The fastest-growing segment in the Near Field Communication (NFC) Chips market by application is Automotive. This rapid growth is propelled by the automotive industry's increasing focus on smart features, connectivity, and enhanced user experiences. NFC is being increasingly integrated into vehicles for applications such as keyless entry and start systems, digital car keys on smartphones, and personalized in-car infotainment. This technology provides a secure and convenient method for drivers and passengers to interact with their vehicles. The automotive sector's adoption of advanced technologies to meet consumer demands for convenience, security, and digital integration is driving the surge in NFC chip deployment. As vehicles become more connected and offer sophisticated functionalities, the role of NFC in enabling seamless and secure interactions is expanding, making it one of the most dynamic and rapidly evolving application areas for NFC chips.

Near Field Communication (NFC) Chips market Analysis, By Operating Mode

By Operating Mode Type, the market is categorized into Read/Write Mode, Peer-to-Peer Mode, and Card Emulation Mode.

• The leading segment in the Near Field Communication (NFC) Chips market by operating mode is Card Emulation Mode. This mode is paramount as it enables NFC-enabled devices, particularly smartphones, to behave like traditional smart cards, facilitating secure contactless transactions. Its dominance is largely driven by the pervasive adoption of mobile payment systems globally. When a smartphone in card emulation mode is tapped against a compatible reader, it securely transmits payment credentials, access control information, or ticketing data, replicating the functionality of physical cards. This mode provides immense convenience, allowing users to consolidate multiple cards into a single device. The rapid expansion of contactless payment infrastructure and the continuous integration of mobile wallets into daily consumer habits solidify the leading position of card emulation mode, as it underpins the vast majority of consumer-facing NFC applications.
• The fastest-growing segment in the Near Field Communication (NFC) Chips market by operating mode is Peer-to-Peer Mode. This mode facilitates direct, two-way communication between two NFC-enabled devices, allowing for the exchange of data such as contacts, photos, or small files by simply bringing them into close proximity. Its rapid growth is fueled by the increasing popularity of simplified data sharing and device pairing across a range of consumer and professional applications. While not as high-volume as payment transactions, the peer-to-peer mode is gaining traction in areas like instant file sharing between smartphones, quickly connecting to Wi-Fi networks by tapping devices, or even sharing digital business cards. The ease of use and intuitive nature of this mode, eliminating the need for complex pairing processes often associated with other wireless technologies, makes it highly appealing for spontaneous and convenient data exchange, contributing to its accelerated growth.

Near Field Communication (NFC) Chips market Analysis, By End-User

By End-User, the market is categorized into BFSI, Retail, Healthcare, Automotive, Consumer Electronics, and Others.

• The leading segment in the Near Field Communication (NFC) Chips market by end-user is Consumer Electronics. This dominance is intrinsically linked to the ubiquitous presence of NFC chips in smartphones, which act as the primary catalyst for widespread NFC adoption. Beyond smartphones, NFC is a standard feature in a variety of consumer devices, including smartwatches, tablets, and gaming peripherals, facilitating diverse functionalities from contactless payments to device pairing and data transfer. The relentless pace of innovation in the consumer electronics industry, constantly integrating new features that enhance user experience and connectivity, ensures a consistently high demand for NFC chips. The sheer volume of consumer electronic products manufactured and sold globally, combined with growing consumer expectations for intuitive and connected devices, firmly establishes this segment's leading position in the NFC chips market.
• The fastest-growing segment in the Near Field Communication (NFC) Chips market by end-user is Healthcare. This rapid expansion is driven by the increasing application of NFC technology to enhance patient care, streamline operations, and improve data management within the healthcare sector. NFC is being utilized for patient identification, secure access to electronic health records, medication adherence monitoring, and tracking of medical assets. For instance, NFC-enabled wristbands can store crucial patient data for quick access by healthcare professionals, reducing errors and improving efficiency. The rising demand for wireless data transmission in medical devices and the growing trend of wearable health monitors further accelerate NFC adoption. The push for digital transformation in healthcare, aimed at improving patient safety and operational efficiency, makes NFC a vital component, leading to its accelerated growth within this critical end-user segment.

Near Field Communication (NFC) Chips Market Regional Insights

The market has been geographically analysed across five regions, Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

• The leading region in the Near Field Communication (NFC) Chips market is Asia-Pacific. This dominance is driven by several factors, including the exceptionally high smartphone penetration rates across the region, particularly in countries like China, India, and South Korea, where mobile payments and digital services are widely adopted. Furthermore, robust government initiatives promoting digitalization and cashless economies have significantly accelerated the deployment of NFC infrastructure and the acceptance of contactless transactions. The burgeoning e-commerce sector and the large consumer base further contribute to the widespread adoption of NFC-enabled devices and services. The region's proactive approach to integrating advanced technologies into daily life, from urban transportation systems to retail environments, has created a fertile ground for the extensive proliferation and utilization of NFC chips, solidifying its leading market position.
• The fastest-growing region in the Near Field Communication (NFC) Chips market is Latin America. This rapid growth is attributed to the increasing adoption of digital payment solutions, a rising preference for cashless transactions, and expanding smartphone penetration across the region. Countries in Latin America are witnessing a significant shift towards mobile wallets and contactless payment methods, driven by their convenience and efficiency. Governments and financial institutions are actively promoting digital financial inclusion, which encourages the deployment of NFC-enabled point-of-sale terminals and the issuance of NFC-compatible cards. The burgeoning e-commerce market and the increasing demand for seamless consumer experiences also contribute to the accelerated adoption of NFC technology in retail and transportation sectors. This combination of factors is creating a dynamic environment for the rapid expansion of the NFC chips market across Latin America.

Near Field Communication (NFC) Chips Market Competitive Overview

The competitive landscape of the Near Field Communication (NFC) Chips market is characterized by the presence of both established semiconductor giants and specialized technology firms. These companies are actively engaged in research and development to innovate NFC chip designs, focusing on enhanced security features, miniaturization, and improved energy efficiency to cater to diverse application demands. The market exhibits intense competition, driven by the continuous integration of NFC into an expanding array of devices, from smartphones and wearables to automotive systems and industrial IoT solutions. Key players are strategically expanding their product portfolios and enhancing their technological capabilities to capture a larger market share. The competitive dynamics also involve a focus on developing comprehensive NFC solutions that encompass not only the chips but also supporting software, development kits, and reference designs to simplify integration for device manufacturers.

Leading Market Players in the Near Field Communication (NFC) Chips Market

• NXP Semiconductors: NXP Semiconductors holds a formidable position in the Near Field Communication (NFC) chips market, largely due to its pioneering role and extensive portfolio of NFC solutions. The company is a key supplier of NFC controllers and secure elements for a wide range of applications, including mobile payments, access control, transit ticketing, and automotive systems. NXP's strength lies in its deep expertise in secure connectivity and its commitment to developing advanced NFC technologies that meet stringent industry standards for security and performance. The company's comprehensive offerings cater to various end-user segments, from consumer electronics manufacturers seeking integrated NFC solutions for smartphones and wearables to industrial clients requiring robust chips for secure authentication and data exchange.
• Broadcom Inc.: Broadcom Inc. is a significant contender in the Near Field Communication (NFC) chips market, particularly recognized for its integrated connectivity solutions that combine NFC with other wireless technologies like Wi-Fi and Bluetooth. The company's strategic focus is on delivering highly integrated, low-power NFC solutions that are essential for mobile and wireless device manufacturers. Broadcom's NFC chips are commonly found in a wide array of consumer electronics, including smartphones and tablets, where they enable seamless contactless payments, peer-to-peer data sharing, and rapid device pairing. The company’s emphasis on developing advanced NFC controllers with enhanced security features and improved performance contributes to its strong market presence.
• Qualcomm Technologies, Inc.: Qualcomm Technologies, Inc. is a notable player in the Near Field Communication (NFC) chips market, primarily through its extensive presence in the mobile ecosystem. As a leading developer of smartphone chipsets, Qualcomm integrates NFC capabilities directly into its System-on-Chips (SoCs), making it a standard feature in a vast majority of Android smartphones globally. This deep integration simplifies the design process for smartphone manufacturers and ensures widespread NFC functionality. Qualcomm's strategy focuses on delivering high-performance, power-efficient NFC solutions that support a wide range of applications, from secure mobile payments and ticketing to digital key functionalities and IoT connectivity.

Top Strategies Followed by Players

• Strategic Alliances and Collaborations: Leading players in the Near Field Communication (NFC) chips market are actively pursuing strategic alliances and collaborations to expand their technological capabilities, market reach, and address emerging application needs. These partnerships often involve collaborations with mobile device manufacturers, financial institutions, public transport authorities, and technology developers. For instance, semiconductor companies might partner with smartphone giants to optimize NFC chip integration, ensuring seamless performance and compatibility across various device models. Similarly, collaborations with payment networks and banks are crucial for driving the adoption of NFC-enabled payment solutions. Such alliances facilitate the development of new NFC applications, accelerate market penetration, and foster interoperability across different ecosystems.
• Focus on Research and Development of Advanced Features: A key strategy adopted by market players is the continuous investment in research and development (R&D) to innovate and integrate advanced features into Near Field Communication (NFC) chips. This focus includes enhancing security protocols through improved encryption and secure element integration, extending communication ranges while maintaining security, and developing more energy-efficient designs for battery-powered devices. Companies are also exploring integration of NFC with other technologies, such as biometrics for multi-factor authentication, and developing solutions for new use cases in industrial IoT, healthcare, and automotive sectors. This proactive approach to R&D ensures that NFC technology remains competitive and relevant in an evolving technological landscape.
• Expansion into Emerging Applications and Verticals: A significant strategy employed by companies in the Near Field Communication (NFC) chips market involves actively expanding their presence into emerging applications and diverse industry verticals. While contactless payments remain a core application, players are increasingly targeting opportunities in areas such as smart packaging for brand protection and consumer engagement, healthcare for patient identification and asset tracking, and the automotive sector for digital key solutions and personalized in-car experiences. This diversification strategy helps to reduce reliance on any single application segment and leverages the versatility of NFC technology to address new market demands. For instance, the U.S. Department of Agriculture's initiatives for supply chain traceability have spurred interest in NFC for food product authentication.

List of Companies Profiled in the Report are:

• NXP Semiconductors
• Broadcom Inc.
• Qualcomm Technologies Inc.
• STMicroelectronics
• Texas Instruments Incorporated
• Sony Corporation
• Samsung Electronics Co. Ltd.
• Infineon Technologies AG
• Renesas Electronics Corporation
• MediaTek Inc.
• Marvell Technology Group Ltd.
• Murata Manufacturing Co. Ltd.
• Panasonic Corporation
• ON Semiconductor Corporation
• Apple Inc.

Global Near Field Communication (NFC) Chips Market Report: Scope

List of Segments Covered

This section of the Near Field Communication (NFC) Chips market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product Type

• NFC Tags
• NFC Readers
• NFC ICs

By Application

• Retail
• Transportation
• Healthcare
• Consumer Electronics
• Automotive
• Others

By Operating Mode

• Read/Write Mode
• Peer-to-Peer Mode
• Card Emulation Mode

By End-User

• BFSI
• Retail
• Healthcare
• Automotive
• Consumer Electronics
• Others