Allied Market Research published a new report, titled, " Near Field Communication (NFC) Tags Market by Tag Type (Type 1, Type 2, Type 3, Type 4, and Type 5), Application (Smart Card, Tracking, Payments, and Others), and Industry Vertical (Automotive, Transportation, Retail, Medical & Healthcare, Banking & Finance, Agriculture, Aerospace & Defense, Consumer electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
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The near field communication (NFC) tags market has grown rapidly over the past few years. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. near field communication (NFC) tags market gains popularity in various industries including IT & telecom, BFSI, and healthcare, owing to its supreme benefits such as high-speed random access of data and low power consumption.
The report offers key drivers that propel the growth in the global near field communication (NFC) tags market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
The research offers a detailed segmentation of the global near field communication (NFC) tags market. Key segments analyzed in the research include tag types, application, industry vertical and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.
These insights help to devise strategies and create new opportunities to achieve exceptional results. The research offers an extensive analysis of key players active in the global near field communication (NFC) tags industry. Broadcom Inc., Identiv Inc., Infineon Technologies, NXP Semiconductors, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics, Texas Instruments Incorporated, and Thales Group are players have adopted various strategies including expansions, mergers &acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
• The report provides a qualitative and quantitative analysis of the current near field communication (NFC) tags market trends, forecasts, and market size from 2019 to 2026 to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the near field communication (NFC) tags industry.
COVID-19 Impact Analysis
The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.
Key offerings of the report:
• Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
• Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
• Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
• Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
• Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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