Near Field Communication (NFC) Market Trends |The Insight Partners Near Field Communication (NFC) Market Trends |The | Page 3

Near Field Communication (NFC) Market to 2025 The growing trend of cashless transactions worldwide is the key driver for the growth of global NFC market. There is rise in demand for multi-tasking devices globally, hence, consumer electronics enterprises are involved in integrating NFC technology in their tablets and mobile phones to provide a single solution to the consumers. Also, global NFC market is bolstering due to increase in adoption of NFC technology in tablet, smartphones and other similar devices. NFC allows easy payments and enable users to transfer data, play games, share information and access social networking sites. It can be combined with retailers’ point of sale (POS), healthcare systems and public transit payment systems. The global NFC market is highly driven by increasing penetration of smartphone users for making secure online transactions and contactless payments facility. The rise in mobile internet users also contributes to the global NFC market growth. Whereas, short range of communication is one of the factors that hinders the growth Request for Sample @ http://www.theinsightpartners.com/sample/TIPTE100000144 Contact Us : [phone]| E-Mail : [email protected]