The latest report on Near Field Communication Market by Infinium Global Research gives complete coverage of the Near Field Communication Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2018 to 2024. In addition, the study covers deep dive into key product and applications trends in the regional markets of Near Field Communication such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Near Field Communication, Technology is Mainly Used in Smartphones, Laptops, and Tablets for Short Range of Data
Near field communication, technology is mainly used in smartphones, laptops, and tablets for short range of data exchange (up to 10cm or less). The requirement of faster access to data across various industries is the major factors driving the growth of the market. Additionally, the need for efficiency and reliability is also driving the adoption of near field communication market.
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Increasing Penetration of Smartphones, Contactless Payments, High Costs Of Installations, and Security Concerns
However, the security of data, increasing penetration of smartphones, contactless payments, high costs of installations, and security concerns are the factors restraining the growth of the market. Moreover, the growing adoption of online payment is the factor providing major growth opportunities for the key players in the near field communication market.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Near Field Communication.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.