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NEW YORK, Feb. 10, 2022 /PRNewswire/ — The Near Field Communication (NFC) Chips market share is estimated to increase by USD 2.20 billion from 2020 to 2025, and the market’s growth is anticipated to accelerate at a CAGR of 12.53%.Factors such as increasing demand for smartphones is significantly driving the near field communication (NFC) chips market in this region.
Our research report on “Near Field Communication (NFC) Chips Market by Product and Geography – Forecast and Analysis 2021-2025” has extensively covered factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market share during the forecast period.
Near Field Communication (NFC) Chips market report key highlights
- Estimated year-on-year growth rate: 11.76%
- Key market segments: Product (smartphones, smart wearables, POS terminals, and others) and geography (APAC, North America, Europe, South Americaand MEA).
- Key Consumer Region & contribution: APAC at 62%
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Near Field Communication Chips Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 12.53% |
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Market growth 2021-2025 |
$2.20 billion |
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Market structure |
Concentrated |
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YoY growth (%) |
11.76 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
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Full story available on Benzinga.com
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