Technology Near Field Communication (NFC) Market Trends 2020
Hexa Research
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Near Field Communication (NFC) Market Share, Size, Analysis,
Growth, Industry Trends and Forecasts, 2012 to 2020| Hexa
Research
According to Research Report by Hexa Research, near field communication market is likely
to experience rapid growth across various applications in next few years. With increase in
technology and increase in smart phone demand globally, this market has grown. The
global Market of NFC was calculated at USD 1.06 billion in 2012 and expected to rise at
CAGR of 43.1% throughout forecast period from 2015 to 2019.The NFC industry provides
major opportunities to direct mail marketing industry. It helps marketers in providi ng
content through an embedded around field communication chip, which allows wireless
communication when a user aces a mobile device with close proximity of NFC tag.
Payment options for mobile or m - commerce technology is estimated to take near field
communication market into mainstream level. Contactless transactions with NFC enabled
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