In recent year, the market for automotive near field communication (NFC) is expected to grow rapidly during the forecast period. The automotive NFC market facilitates device pairing with the car by allowing it to be done with a single tap and in a matter of seconds. Passengers or the car's driver can then use it to customize the in-vehicle environment, including radio controls, air conditioning, and music system, among other things, according to their preferences. NFC is projected to be very useful in new concepts like car rental, carpooling, and corporate fleet management.
Frequently Asked Questions
The market is segmented based on Global Automotive Near Field Communication (NFC) Market Segmentation, By Type (106 Kbit/S, 212 Kbit/S, 424 Kbit/S), Vehicle Type (Low-End, Mid-Range, High-End), Application (Interior, Exterior), Industry Vertical (Building and Construction, IT and telecom, Healthcare, Aerospace and Defense, Industrial, Others) – Industry Trends and Forecast to 2032
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The Global Automotive Nfc Market size was valued at USD 2.18 USD Billion in 2024.
The Global Automotive Nfc Market is projected to grow at a CAGR of 30.42% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
