NFC Market worth $34.9 billion by 2025 - Exclusive Report by MarketsandMarkets™
" NFC Market with COVID-19 impact by Device operating mode (Reader emulation, Peer-To-Peer, and Card Emulation), Offering (Non-Auxiliary products, Auxiliary products, and Softwares), Application, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is expected to grow from USD 18.0 billion in 2020 to USD 34.9 billion by 2025, at a CAGR of 14.2%. The major factors driving the growth of the NFC market are the increasing trend of mobile commerce and the growing adoption of wearable technology. However, the issue of short-range communication is expected to restra...
Source: prnewswire.com