India IT Services Market: Insight into Industry Size, Share, and Trends

TeresaCulture2025-07-161930

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "India Near Field Communication Market.”

TechSci Research's report on the "India Near Field Communication (NFC) Market - By Region, Competition, Forecast, and Opportunities, 2029" forecasts robust growth in the market. NFC, a wireless technology facilitating secure and quick communication between close proximity devices, enables various functions like mobile payments, data sharing, and access control. The technology's popularity in India is on the rise, driven by factors such as increasing contactless payments, demand for secure payment solutions, and the growth of e-commerce and m-commerce. Government initiatives promoting digital payments and cashless transactions further fuel this growth.

Despite challenges like consumer awareness, limited availability of NFC-enabled devices and infrastructure, and high implementation costs, the report predicts significant growth in the Indian NFC market. This growth will be propelled by increasing digital payment adoption and demand for secure payment solutions.

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The report covers the segmentation of the India IT Services market into various categories including:

India IT Services Market, By Service:

Professional

Managed

Telecom

India IT Services Market, By Organization Size:

Large Enterprises

Small & Medium-sized Enterprises

India IT Services Market, By Deployment Mode:

On-Premises

Cloud

India IT Services Market, By Business Functions:

Human Resources

Finance & Accounting

Sales & Marketing

Supply Chain Management

Operations & Support

Manufacturing

Others

India IT Services Market, By End User:

Government & Defense

Healthcare

IT & Telecom

BFSI

Media & Entertainment

Retail

Others

India IT Services Market, By Region:

North India

South India

East India

West India

Regionally, the western region is poised to witness the fastest growth in the India NFC market, driven by increasing demand for contactless payments and IoT devices.

Key market players in the India Near Field Communication Market include:

Nokia Corporation

NXP Semiconductors

Marvell Technology Group Ltd

Google Inc.

Gemalto NV

Infineon Technologies AG

YELDI Softcom

Sony Corporation

Identive Group Inc.

Mstar Semiconductor Inc.

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Mr. Karan Chechi, Research Director at TechSci Research, anticipates significant growth in the India NFC market, attributed to increasing NFC-enabled mobile devices and collaborations between financial institutions and smartphone manufacturers.

The report, "India Near Field Communication Market By Product Type, Device Operating Mode, Application, Device Type, End-Use Industry, Region, Competition, Forecast & Opportunities, 2029," aims to provide insights into the Indian NFC market's future development potential. It assists decision-makers in making informed investment decisions by identifying emerging trends, key drivers, constraints, and opportunities in the market landscape.

Table of Content

Service Overview

Market Definition

Scope of the Market

Markets Covered

Years Considered for Study

Key Market Segmentations

Research Methodology

Objective of the Study

Baseline Methodology

Key Industry Partners

Major Association and Secondary Sources