Title: Automotive NFC Market is set to witness a stable CAGR in the forecast period of 2019-2026
1Automotive NFC Market is set to witness a stable
CAGR in the forecast period of 2019-2026
Automotive NFC Market By Type (106 Kbit/S, 212
Kbit/S, 424 Kbit/S), Vehicle Type (Low-End,
Mid-Range, High-End), Application (Interior,
Exterior), Geography (North America, Europe,
Asia-Pacific, Europe, South America, Middle East
and Africa) Industry Trends and Forecast to
2026
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2Report Description
Global automotive NFC market is growing at a
healthy CAGR of 30 during the forecast period of
2019 to 2026 due to increasing number of
government regulations mandating the use of
Advanced Driving Assistance Systems
(ADAS). Automotive NFC is a collection of
communication procedures that allows two
electronic devices, generally one of which is a
mobile device such as a smartphone, to create
communication by carrying them to the portion
within the brief range of the other. Automotive
NFC (Near Field Communication) is basically a
bidirectional short-range communication
technology that allows interaction at a specified
speed of a few centimeters of information
transfer.
3Major Key Players
- Some of the major players operating in this
market are - Texas Instruments Incorporated
- Telit
- STMicroelectronics
- Sony Corporation
- Smartrac N.V.
- SAMSUNG
- Panasonic Corporation
- Alpine Electronics Inc.
- NXP Semiconductors
- Broadcom
- Polaris Industries, Inc.
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4Market Segmentation
- By Type (106 Kbit/S, 212 Kbit/S, 424 Kbit/S )
- By Vehicle Type (Low-End, Mid-Range, High-End)
- By Application (Interior, Exterior)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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