Near Field Communication (NFC) Market Trends |The Insight Partners Near Field Communication (NFC) Market Trends |The | Page 4
Near Field Communication (NFC) Market to 2025
The global NFC market is segmented by device operating mode into reader emulation, card emulation and peer-topeer. The global NFC market is further bifurcated by product & software types as auxiliary products, NFC software
and non-auxiliary products. Global NFC market is also segmented on the basis of industry as retail, transportation,
residential & commercial, consumer electronics, automotive, medical & healthcare, banking & finance and others.
The NFC market is further bifurcated by regions into North America, Asia Pacific, Middle East & Africa, Europe, and
South America.
North America is the leading global NFC market in terms of market share. Asia Pacific is anticipated to experience a
faster growth in the coming years due to rise in adoption of NFC technology and increasing awareness. Further,
Europe region is also projected to be a high potential market.
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