Near Field Communication (NFC) Tags Market trends 2030

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2. Near Field Communication (NFC) Tags Market “The near field communication (NFC) tags market in Asia-Pacific is expected to witness growth at the highest rate during the forecast period, owing to high investment in the transportation, and automotive sector. Moreover, economically developed nations tend to witness high penetration of NFC tags products in the banking & finance sector, which is projected to significantly contribute toward the growth of the market.” Asavari Patil Lead Analyst, Semiconductor and Electronics Download PDF Sample

3. Near Field Communication (NFC) Tags Market According to a new report published by Allied Market Research, titled, “Near Field Communication (NFC) Tags Market by Tag Types, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021– 2030,” the global near field communication (NFC) tags market size was valued at $3.80 billion in 2020, and is projected to reach $15.58 billion by 2030, registering a CAGR of 15.6%. Asia-Pacific is expected to be the leading contributor toward the global market during the forecast period, followed by Europe and LAMEA. NFC (Near field communication) tag are RFID transponders which consist of antenna, IC (integrated circuits), PET (Polyethylene terephthalate) substrate, adhesive package and release liner. In these NFC tags, IC contains unique ID & a part of rewritable memory, and antenna permits the IC to interact with an NFC scanner/reader, like an NFC smartphone. Download PDF Sample

4. Near Field Communication (NFC) Tags Market The growth of the global Near field communication (NFC) tags market is anticipated to be driven by factors such as rising popularity for NFC tag-based payment, and growing penetration of NFC-enabled mobile phones. In addition, growth in need for convenient transfer and security of data boosts the overall market growth. However, the availability of alternatives to NFC tag act as major restraints of the global NFC tags industry. On the contrary, high demand from Asia-Pacific region, is expected to create lucrative opportunities for the NFC tags industry. The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, collaboration, and acquisition are expected to be the prominent strategies adopted by the market players. North America accounted for a major share of the market in 2020, owing to the presence of major players in the region. However, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of NFC tags in a variety of fields. Download PDF Sample

5. Near Field Communication (NFC) Tags Market Key Benefits For Stakeholders • This study comprises analytical depiction of the global near field communication (NFC) tags market along with the current trends and future estimations to depict the imminent investment pockets. • The overall near field communication (NFC) tags market analysis is determined to understand the profitable trends to gain a stronger foothold. • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis. • The current near field communication (NFC) tags market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. • Porter’s five forces analysis illustrates the potency of the buyers and the near field communication (NFC) tags market share of key vendors. Download PDF Sample

6. Near Field Communication (NFC) Tags Market Major Companies: • • • • • • • • • • Broadcom Inc. Identiv Inc. Infineon Technologies NXP Semiconductors Qualcomm Technologies, Inc. Samsung Electronics Co. Ltd. Sony Corporation STMicroelectronics Texas Instruments Incorporated Thales Group Download PDF Sample

7. Near Field Communication (NFC) Tags Market Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 States TollFree (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446- 1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20- 66346060 Fax: +1⟨855⟩550- 5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com United Download PDF Sample