Los Angeles, CA -- (SBWIRE) -- 06/03/2019 -- Near-field communication (NFC) is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm (1.6 in) of each other.

The demand for NFC-enabled devices is growing at a tremendous rate and the transition from conventional ways of data transfer to intelligent technology would further boost the development of the market in the next five years. The decreasing prices of NFC chips, adoption of mobile commerce, growing volume of cashless transactions, and growing adoption of smart appliances are some of the major factors driving the market around the world.

In 2018, the global Near Field Communication market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.

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This report studies the Near Field Communication market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This report focuses on the global top players, covered

NXP Semiconductors

Broadcom

STMicroelectronics

Mediatek

Renesas

Gemalto

Huawei

Inside Secure

Samsung

Texas Instruments

Market segment by Regions/Countries, this report covers

North America

Europe

China

Rest of Asia Pacific

Central & South America

Middle East & Africa

Market segment by Type, the product can be split into

Card emulation

Reader emulation

Peer-to-peer modes

Market segment by Application, the market can be split into

Retail

Transportation

Automotive

Residential & commercial

Medical & healthcare

Consumer electronics

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