Pramod Kumar

The global automotive NFC market is anticipated to grow at a CAGR of 30.2 percent from 2022 to 2032, reaching US$ 35 billion. In 2022, the market is expected to be worth US$ 3.26 billion, up from US$ 2.5 billion in 2021. The government's increasing rules requiring the use of Advanced Driving Assistance Systems (ADAS) are anticipated to have a favourable impact on the market.

Automotive NFC Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Automotive NFC market are:

    Sony Corporation
    NXP Semiconductors N.V.
    Broadcom Inc.
    Samsung Electronics Co. Ltd.
    STMicroelectronics N.V.
    Panasonic Corporation
    Alpine Electronics Inc.
    Smartrac N.V.
    PREMO S.A.

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