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The Near Field Communication (NFC) India Market witnesses’ integration with IoT, as per Maximize Market Research.

Near Field Communication (NFC) India Market is expected to grow at a CAGR of 14.5% during the forecast period. Near Field Communication (NFC) India Market is expected to reach US$ 56.75 Bn. by 2030.

 

Near Field Communication (NFC) India Market




(EMAILWIRE.COM, October 27, 2024 ) Near Field Communication (NFC) India Market overview

NFC technology is integrated with IoT devices for seamless interactions. Mobile payments are advancing with NFC for convenience. Security enhancements are prioritized for trust in NFC solutions.

Near Field Communication (NFC) India Market drivers

The rise in smartphone and wearable adoption, digital payments expansion with NFC technology, growing popularity of smart cards in different sectors, and the development of innovative NFC applications drive market growth by increasing demand for NFC-enabled products and services.

Near Field Communication (NFC) India Market restraints

NFC technology faces security concerns, infrastructure limitations, and competition from other technologies. Addressing vulnerabilities, improving infrastructure, and ensuring a seamless user experience are essential for market growth and competitiveness.

Click the below link for more details: https://www.maximizemarketresearch.com/request-sample/12549/

Near Field Communication (NFC) India Market regional analysis

The NFC market is focused in urban areas with greater smartphone adoption and advanced infrastructure.

Tier II and Tier III Cities show increasing opportunities for NFC adoption due to economic growth and improved digital literacy.

Near Field Communication (NFC) India Market Segmentation

by Operating modes

Card emulation
Reader emulation
Peer-to-peer mode

by Products & Software

Auxiliary products
Non-auxiliary products
NFC Software

by End-user Industry

Retail
Transportation
Automotive
residential & commercial
medical & healthcare
consumer electronics
others

Click the below link for more details: https://www.maximizemarketresearch.com/request-sample/12549/

Near Field Communication (NFC) India Market Top Leaders:

NXP Semiconductors
Sony Corporation
NEC
YELDI Softcom
aTuch
Tagtul
Nokia Corporation

Click the below link for more details: https://www.maximizemarketresearch.com/request-sample/12549/

Maximize Market Research has also published the following reports:

Battery Cyclers Market size is expected to grow at a CAGR of 18.98% from 2024 to 2030, reaching nearly USD 2305 Mn by 2030.

DC-DC Converter IC revenue is expected to grow by 8.5% from 2024 to 2030, reaching nearly USD 18.20 Bn.

Battery Management IC revenue is expected to grow by 9.23% from 2024 to 2030, reaching nearly USD 8.85 Bn.

About Maximize Market Research

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.



Contact Information:
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
Tel: 09607365656
Email us


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