"Executive Summary Integrated Circuit (IC) Near Field Communications Market Size and Share: Global Industry Snapshot
CAGR Value
Integrated circuit near field communications market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 54195.5 million by 2028 and grow at a CAGR of 14.20% in the above-mentioned forecast period.
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Integrated Circuit (IC) Near Field Communications Market Trends & Analysis
Segments
Integrated circuit (IC) near field communications technology has witnessed significant growth in recent years. The increasing adoption of contactless payments, the rising trend of IoT devices, and the growing demand for secure and convenient transaction methods are driving the market growth. NFC technology offers benefits such as ease of use, enhanced security, and fast data transfer speeds, which are key factors contributing to the market expansion.
Market Players