Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the “India Near Field Communication Market.”
TechSci Research’s report on the “India Near Field Communication (NFC) Market – By Region, Competition, Forecast, and Opportunities, 2029” forecasts robust growth in the market. NFC, a wireless technology facilitating secure and quick communication between close proximity devices, enables various functions like mobile payments, data sharing, and access control. The technology’s popularity in India is on the rise, driven by factors such as increasing contactless payments, demand for secure payment solutions, and the growth of e-commerce and m-commerce. Government initiatives promoting digital payments and cashless transactions further fuel this growth.
Despite challenges like consumer awareness, limited availability of NFC-enabled devices and infrastructure, and high implementation costs, the report predicts significant growth in the Indian NFC market. This growth will be propelled by increasing digital payment adoption and demand for secure payment solutions.
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The report covers the segmentation of the India IT Services market into various categories including:
India IT Services Market, By Service:
- Professional
- Managed
- Telecom
India IT Services Market, By Organization Size:
- Large Enterprises
- Small & Medium-sized Enterprises
India IT Services Market, By Deployment Mode:
- On-Premises
- Cloud
India IT Services Market, By Business Functions:
- Human Resources
- Finance & Accounting
- Sales & Marketing
- Supply Chain Management
- Operations & Support
- Manufacturing
- Others
India IT Services Market, By End User:
- Government & Defense
- Healthcare
- IT & Telecom
- BFSI
- Media & Entertainment
- Retail
- Others
India IT Services Market, By Region:
- North India
- South India
- East India
- West India
Regionally, the western region is poised to witness the fastest growth in the India NFC market, driven by increasing demand for contactless payments and IoT devices.
Key market players in the India Near Field Communication Market include:
- Nokia Corporation
- NXP Semiconductors
- Marvell Technology Group Ltd
- Google Inc.
- Gemalto NV
- Infineon Technologies AG
- YELDI Softcom
- Sony Corporation
- Identive Group Inc.
- Mstar Semiconductor Inc.
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Mr. Karan Chechi, Research Director at TechSci Research, anticipates significant growth in the India NFC market, attributed to increasing NFC-enabled mobile devices and collaborations between financial institutions and smartphone manufacturers.
The report, “India Near Field Communication Market By Product Type, Device Operating Mode, Application, Device Type, End-Use Industry, Region, Competition, Forecast & Opportunities, 2029,” aims to provide insights into the Indian NFC market’s future development potential. It assists decision-makers in making informed investment decisions by identifying emerging trends, key drivers, constraints, and opportunities in the market landscape.
Table of Content
- Service Overview
- Market Definition
- Scope of the Market
- Markets Covered
- Years Considered for Study
- Key Market Segmentations
- Research Methodology
- Objective of the Study
- Baseline Methodology
- Key Industry Partners
- Major Association and Secondary Sources
- Forecasting Methodology
- Data Triangulation & Validation
- Assumptions and Limitations
- Executive Summary
- Voice of Customers
- India IT Services Market Outlook
- Market Size & Forecast
- By Value
- Market Share & Forecast
- By Service (Professional, Managed and Telecom)
- By Organization Size (Small and Medium Organization, and Large Organization)
- By Deployment Mode (On-Premises and Cloud)
- By Business Functions (Human Resources, Finance & Accounting, Sales & Marketing, Supply Chain Management, Operations & Support, and Manufacturing)
- By End User (Government & Defense, Healthcare, IT & Telecom, BFSI, Media & Entertainment, Retail Others)
- By Region
- By Company (2023)
- Market Map
- Market Size & Forecast
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