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The Automotive NFC market is a subset of the Telematics and Vehicle Electronics industry. It is focused on the use of Near Field Communication (NFC) technology in vehicles. NFC is a short-range wireless communication technology that enables data exchange between two devices. It is used in automotive applications such as keyless entry, payment systems, and vehicle diagnostics. Automotive NFC technology is used to improve the safety, security, and convenience of vehicles. It also helps to reduce the cost of vehicle maintenance and repair.
The Automotive NFC market is expected to grow in the coming years due to the increasing demand for connected vehicles. This growth is driven by the increasing adoption of advanced technologies such as 5G, artificial intelligence, and the Internet of Things.
Some of the major companies in the Automotive NFC market include NXP Semiconductors, Infineon Technologies, STMicroelectronics, Renesas Electronics, and Qualcomm Technologies. Show Less Read more
