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    News in brief

    Global NFC market to reach US$47.43bn

    News in brief

    The global NFC market is expected to reach US$47.43bn by 2024, according to a new report by Grand View Research. The industry is poised for “unprecedented growth”, it says, with Asia Pacific expected to remain the key revenue generating region, accounting for over 20% share in 2015. NFC tags and readers are expected to portray highest growth over the forecast period, the report adds, due to the high demand for mobile payments and access control.

    Filed by Email Christopher Brown nfcworld.com Published • Last updated 14 November 2016, 15:31

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