A new market report on the global NFC market shows that this sector could reach USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period. The growth, according to the analysts at Marketsandmarkets is down to the rapid industrialisation and urbanisation prevailing largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required […]