TechNavio's analysts forecast the Global Near Field Communication (NFC) chip market to grow at a CAGR of 135.63 percent over the period 2011-2015. One of the key factors contributing to this market growth is the emergence of contactless technology. The Global NFC Chip market has also been witnessing immense growth in the application market. However, the lack of application level standardization could pose a challenge to the growth of this market.
TechNavio's report, the Global Near Field Communication Chip Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global NFC Chip market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include NXP Semiconductors N.V., and Inside Secure S.A.
Other vendors mentioned in the report: Samsung Electronics Co. Ltd., STMicroelectronics N.V., Mstar Semiconductor Inc.
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