Definition: The global near field communication market involves devices and services that utilize Near Field Communication (NFC) technology. NFC allows for contactless communication between devices like phones, tablets, and credit cards over short range distances typically under 10 cm. This market includes NFC-enabled smartphones and other mobile devices, NFC chipsets, contactless payment POS terminals, contactless point of sale systems, transit ticketing solutions and other accessories and services related to contactless transactions and data sharing using NFC technology on a global scale.
Near Field Communication Market Report Snapshots
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