09/11/2023
According to a new report on the NFC Chip Market by The Insight Partners, The global share worth is predicted to be at $17.82 billion by 2028, at a growing CAGR of 10.8% from 2021 to 2028.
The strict social distancing measures brought in around the world in the first half of 2020 created a notable demand for contactless payment provision. As per McKinsey & Company, a 60% rise in contactless payments during the crisis was double the expected volume. Automotive, air transport, public transportation, Business networking, retail, and medical are critical sectors expected to be the most crucial end users of NFC technology.
What other NFC products do you use?
