Market Research Report
NORTH AMERICA NEAR FIELD COMMUNICATION CHIPS (NFC) MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||624195|
|Published||Content info||95 Pages
Delivery time: 2-3 business days
|NORTH AMERICA NEAR FIELD COMMUNICATION CHIPS (NFC) MARKET FORECAST 2018-2026|
|Published: April 9, 2018||Content info: 95 Pages||
Accounting for the highest revenue share by the end of the forecast period of 2018-2026, the North America Near Field Communication Chips (Nfc) market is likely to grow with a 22.79% CAGR. The US Near Field Communication Chips (Nfc) market presently dominates this region in terms of revenue.
In order to ensure a safe transaction, private organizations in the region are increasing adopting NFCs. This growing adoption of chip-based cards for payment purpose is greatly boosting the market growth. The Canadian market is not far behind. Canadian Safety and Security Program is being funded by federal government that integrates the use of the innovative NFC passport reader technology with World Reach's online immigration platform in order to ensure security and safety to the travelers. Also, growing research and development expenditure in NFC communication is presenting the overall North American Near Field Communication Chips (Nfc) market with promising growth opportunities.
Companies such as Qualcomm Inc, Renesas Electronics Corporation, Texas Instruments Inc, Toshiba Corporation, Em Microelectronic-Marin SA, Media Tek Inc, Marvell Technology Group Ltd, Nxp Semiconductors Nv, Murata Manufacturing Co Ltd, and others are competing in this market.