Near Field Communication Chips Market, Global Outlook and Forecast 2025-2032

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Report Overview:

 NFC chips are integrated circuits that enable short-range wireless communication between devices, typically within a few centimeters. They are used for various applications, including contactless payments, data transfer, and access control.

Market Value:

 The global Near Field Communication Chips market size was estimated at USD 348 million in 2024 and is projected to reach USD 701.47 million by 2032, exhibiting a CAGR of 8.10% during the forecast period.

CAGR of 8.10% (2025 – 2032)

By Types:

By Applications: Consumer Electronics

Key players include:

• NXP Semiconductors

• Broadcom Corporation

• Texas Instruments Inc

• Qualcomm Inc

• STMicroelectronics

• MediaTek Inc

• Mstar Semiconductor Inc

• Including or Excluding key companies relevant to your analysis.

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