According to Cognitive Market Research, The Global NFC enabled Handsets market will grow at a compound annual growth rate (CAGR) of 20.50% from 2023 to 2030.
The demand for NFC enabled handsets is rising due to increasing demand for mobile payments.
Demand for feature phones remains higher in the NFC enabled handsets market.
The mobile payment category held the highest NFC enabled handsets market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific NFC enabled handsets market will experience the most robust growth until 2030.
