NFC Technology Market to Flourish at 68.8% CAGR Increasing Preference for Contactless Payment Options
Near field communications (NFC) technology is increasingly gaining popularity as a result of its security, versatility, and ease of use. Today, a majority of smartphone manufacturers are integrating NFC payment technology and wireless communications in their products. The constantly rising adoption of NFC in smartphones is the fundamental factor stimulating the growth of the global NFC market. Moreover, the proliferation of NFC-enabled handsets is also driving the global NFC transaction market. For the forecast period 2012-2018, the global NFC market...
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