PUBLISHER: IMARC | PRODUCT CODE: 1701907
PUBLISHER: IMARC | PRODUCT CODE: 1701907
Near Field Communication Market Report by Offering, Operating Mode, End User, and Region 2025-2033
The global near field communication (NFC) market size reached USD 25.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 43.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.83% during 2025-2033.
Near-field communication (NFC) refers to a short-range wireless technology that allows two devices to communicate using a low-power protocol. Tags, integrated circuits (ICs), SIM cards, and readers are some commonly used NFC devices. It is widely used for marketing, making payments, ticketing, and gaming applications in smartphones, tablets, laptops, wearables, cameras, and printers. NFC allows faster payment transactions and offers convenience, versatility, and seamless communication between devices, due to which it is widely adopted in retail, transportation, automotive, healthcare, hospitality, consumer electronics, banking, financial services, and insurance (BFSI) sectors.
Near Field Communication (NFC) Market Trends:
The global near-field communication (NFC) market is primarily being driven by the increasing product utilization in contactless payment and information systems. In line with this, the rising practice of social distancing to minimize human contact due to the advent of COVID-19 disease has increased the adoption of intelligent payment solutions like cashless or contactless payments, which is propelling the market growth. Additionally, the integration of machine learning (ML) with NFC in retail marketing to enhance engagement and personalized shopping experience by providing detailed information about products and services, offering demos, and addressing queries are providing an impetus to the market growth. Furthermore, the increasing demand for smartphones enabled with NFC technology that allows consumers to make easier and faster mobile transactions is acting as another growth-inducing factor. Moreover, the introduction of NFC-enabled smart posters, boarding passes, and sensors is creating a positive outlook for the market. Other factors, including the integration of the Internet of Things (IoT) with NFC-compatible smart wearables, the implementation of various government initiatives promoting a cashless economy, and extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
Breakup by Offering:
- Non-Auxiliary Products
- NFC ICS and Antennas
- NFC Tags
- NFC Readers
- Auxiliary Products
- NFC Micro Sd Cards
- NFC SIM/UICC Cards
- NFC Covers
- Software
Breakup by Operating Mode:
Breakup by End User:
Breakup by Region:
Competitive Landscape:
Key Questions Answered in This Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
3 Executive Summary
4 Introduction
5 Global Near Field Communication (NFC) Market
6 Market Breakup by Offering
7 Market Breakup by Operating Mode
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
List of Figures
- Figure 1: Global: Near Field Communication Market: Major Drivers and Challenges
- Figure 2: Global: Near Field Communication Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Near Field Communication Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Near Field Communication Market: Breakup by Offering (in %), 2024
- Figure 5: Global: Near Field Communication Market: Breakup by Operating Mode (in %), 2024
- Figure 6: Global: Near Field Communication Market: Breakup by End User (in %), 2024
- Figure 7: Global: Near Field Communication Market: Breakup by Region (in %), 2024
- Figure 8: Global: Near Field Communication (Non-Auxiliary Products) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Near Field Communication (Non-Auxiliary Products) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Near Field Communication (Auxiliary Products) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Near Field Communication (Auxiliary Products) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Near Field Communication (Software) Market: Sales Value (in Million USD), 2019 & 2024
List of Tables
