Global Near Field Communication Market Is Expected to Grow at a CAGR of 40.4% During 2016-2020
Near field communication (NFC) is a set of wireless technologies that use magnetic field to facilitate communication between devices when they are kept within a radius of 10 cm from each other. The world near field communication market was valued at $3.2 billion in 2014 and is expected to grow at a CAGR of 40.4% during the forecast period (2015-2020), to reach $24.0 billion by 2020. The world near field communication market has exhibited moderate growth during the past few...
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