Allied Market Research published latest research report on “NFC Tag Market.” According to the report, 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% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.
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.
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The key players profiled in the report include Broadcom Inc., Identiv Inc., Infineon Technologies, NXP Semiconductors, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics, Texas Instruments Incorporated, and Thales Group
The report analyzes these key players of the global NFC Tag Market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every NFC Tag Market player.
The research provides detailed segmentation of the global NFC Tag Market based on type, application, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
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By region, the report examines the NFC Tag Market trends across North America (Mexico, Canada, the United States), Europe (Italy, Germany, France, Spain, the United Kingdom, and the rest of the continent), Asia-Pacific (South Korea, Australia, China, Japan, India, and the rest of the Asia-Pacific), and LAMEA (the Middle East, Africa, and Latin America) are some of the regions that the market has covered.
Questions Answered in the Thrust Meter Market Research Report
- Who are the leading market players active in the NFC Tag Market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the NFC Tag Market?
- What are the future projections that would help in taking further strategic steps?
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the NFC Tag Market analysis from 2023 to 2030 to identify the prevailing Market opportunities.
- NFC Tag Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the NFC Tag Market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global NFC Tag Market trends
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Key Market Segments
By Tag Types
- Type 1
- Type 2
- Type 3
- Type 4
- Type 5
By Application
- Smart Card
- Tracking
- Payments
- Others
By Industry Vertical
- Automotive
- Transportation
- Retail
- Medical & Healthcare
- Banking & Finance
- Agriculture
- Aerospace & Defense
- Consumer electronics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
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