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 Global Near Field Communication Market Report, published by Emergen Research, offers a complete assessment of the major segments of the global Near Field Communication market, estimating the market growth rate over the forecast timeline (2020-2027). The latest research report can be viewed as a valuable source of data and information about this particular business sphere. Our team of market experts has performed a thorough future market growth analysis and assessed the demand & supply graphs and the market’s historical and future revenue generation. The report is equipped with a vivid description of the current trends of the global Near Field Communication market.

Get a sample of the report from @https://www.emergenresearch.com/request-sample/1688

 Key companies profiled in the report include:

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

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Near Field Communication market?

What are the key product types and applications of the Near Field Communication industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Near Field Communication market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Near Field Communication Market by 2027?

Click to access the Report Study, read key highlights of the Report and Look at Projected Trends:https://www.emergenresearch.com/industry-report/near-field-communication-market

 Market 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:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

Enquire for customization in Report @:https://www.emergenresearch.com/request-for-customization/1688

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

Browse More Relate Reports

Optometry Equipment Market

https://www.emergenresearch.com/industry-report/optometry-equipment-market

Immunoassay Market

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

Seaweed Fabric Market

https://www.emergenresearch.com/industry-report/seaweed-fabric-market

Veterinary Diagnostics Market

https://www.emergenresearch.com/industry-report/veterinary-diagnostics-market

Synthetic Biology Market

https://www.emergenresearch.com/industry-report/synthetic-biology-market

Baggage Handling System Market

https://www.emergenresearch.com/industry-report/baggage-handling-system-market

Indoor Distributed Antenna System Market

https://www.emergenresearch.com/industry-report/indoor-distributed-antenna-system-market

Hemato Oncology Testing Market

https://www.emergenresearch.com/industry-report/hemato-oncology-testing-market

Industrial Automation Market

https://www.emergenresearch.com/industry-report/industrial-automation-market

Biodegradable Films Market

https://www.emergenresearch.com/industry-report/biodegradable-films-market

About Us:

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 analyse 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.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