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Link: https://www.prnewswire.com/news-releases/nfc-market-worth-34-9-billion-by-2025--exclusive-report-by-marketsandmarkets-301195885.html

Market Dynamics of Near Field Communication Market

The NFC market is expected to grow from USD 18.0 billion in 2020 to USD 34.9 billion by 2025, at a CAGR of 14.2%.

The major factors driving the growth of the NFC market are the increasing trend of mobile commerce and growing adoption of the wearable technology. However, the issue of short-range communication is expected to restrain the growth of the market.
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