Near Field Communication (NFC) Market Trends |The Insight Partners Near Field Communication (NFC) Market Trends |The | Page 2

Near Field Communication (NFC) Market to 2025 Introduction Near field communication (NFC) is a wireless technology that offers exchange of data between the NFC technologies enabled devices. NFC is a short range communication technique I and an s an efficient alternative to communication technologies such as Wi-Fi and Bluetooth. NFC transfers data by bringing the devices closer or by touching them together. NFC enable the users to seamlessly share data between devices, use their mobile phone as e-ticket or pay bills wirelessly. The important benefit of NFC over Bluetooth is shorter set-up period. Also, NFC works on devices that are not driven by battery such as smart credit card. NFC technology has various advantages such as versatility, safety and convenience. It requires PIN and does not allow physical access of credit card information to merchants. Hence, NFC is much more secure than other techniques of transaction. NFC is very convenient to use. Browse Complete Report @ http://www.theinsightpartners.com/reports/near-field-communication-nfcmarket Contact Us : [phone]| E-Mail : [email protected]