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Global Near Field Communication (NFC) Chips Market 2019-2027

  • ID: 4808516
  • Report
  • Region: Global
  • 152 pages
  • Triton Market Research
UP TO OFF
until Jan 31st 2020
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FEATURED COMPANIES

  • Broadcom Corporation
  • Inside Secure S.A.
  • Mediatek, Inc.
  • Mstar Semiconductor, Inc.
  • NXP Semiconductors N.V.
  • Qualcomm, Inc.
  • MORE
Market Outlook

The author has predicted that the global market for near field communication chips is set to witness a CAGR of 23.94% over the forecast period 2019-2027.

Near field communication chips refer to electronic chips that make use of magnetic field induction for the purpose of data transfer and for establishing a wireless connection. Near field communication chips or NFC chips enable faster accessibility and safe transfer of data wirelessly. The main advantage of NFC chips is that they do not require manual pairing with other NFC-enabled devices; the NFC chip automatically connects to the other chip when the other device comes in close proximity of less than 10 cm in a fraction of time.
The growing penetration of smartphones in the market with NFC-enabled technology, increase in the number of NFC-based digital transactions taking place, consumer electronics adopting NFC technology and governments across the world pushing the public to make cashless transactions are some of the factors that drive the NFC chips market, globally. Moreover, a large number of start-ups mushrooming in the field of NFC, NFC chips being integrated with medical equipment and the extensive expenditure made on the R&D for NFCs create opportunities for the growth of this market. On the flip side, concerns regarding the security of the data, difficulties faced in product designing and certain interoperability issues restrain the growth of the near field communication chips market. Also, challenges like lack of awareness of NFCs, ease of availability of substitutes and high costs of NFCs need to be overcome in order to supplement the market growth further.

Regional Outlook

The global near field communication chips market covers five major geographies, namely, North America, Latin America, Asia-Pacific, Europe and the Middle East and Africa.

The Asia-Pacific market region for NFC chips is the fastest-growing market with the highest CAGR; whereas, North America leads global near field communication chip market by capturing the largest market share. The North America NFC chips market is mainly driven by the conjoined efforts of private companies to promote cashless transactions as the smartphone usage further proliferates in the region. Further, the presence of a large array of NFC-enabled mobile payment apps such as Google Wallet, Amazon, MasterCard paypass, Visa payWave, PayPal, square wallet and others have also provided a huge impetus to the growth of NFC chip market in North America. The NFC chip market is also influenced by high disposable incomes in the North American region (according to the OECD).

Competitive Outlook

The companies that have been mentioned in the market report are MediaTek, Inc., Samsung Semiconductor, Inc., Inside Secure S.A., EM Microelectronic-Marin S.A., Broadcom Corporation, MStar Semiconductor, Inc., STMicroelectronics N.V., Sony Corporation, Toshiba Corporation, Murata Manufacturing Co., Ltd., NXP Semiconductors N.V., Renesas Electronics Corporation, Qualcomm, Inc., Marvell Technology Group Ltd. and Texas Instruments, Inc.
MediaTek is a global manufacturer and developer of semiconductors and it also develops tightly-integrated and power-efficient system-on-chips that are deployed in mobiles, network & connectivity, automated driving, home entertainment and the IoT. Since its foundation, it has pioneered in chipset manufacturing and also provides customer reference designs. The company majorly deals in product segments such as smartphone processors, wireless connectivity that includes system-on-chip, GNSS modules, digital television, IoT system-on-chip, wearable devices system-on-chip, etc. In 2017, MediaTek and STMicroelectronics joined hands to develop NFC technology into mobile platform design. The collaboration was aimed to develop independent solutions that provide secured sources for OEMs and also constitute NFC controllers with an optional embedded secure element.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Broadcom Corporation
  • Inside Secure S.A.
  • Mediatek, Inc.
  • Mstar Semiconductor, Inc.
  • NXP Semiconductors N.V.
  • Qualcomm, Inc.
  • MORE
1. Global Near Field Communication (Nfc) Chips Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.3. Evolution & Transition of Near Field Communication (Nfc) Chips
2.4. Porter's Five Force Analysis
2.5. Market Attractiveness Matrix
2.6. Industry Components
2.7. Regulatory Framework
2.8. Vendor Scorecard
2.9. Key Impact Analysis
2.10. Market Opportunity Insights
2.11. Industry Player Positioning
2.12. Key Market Strategies
2.13. Market Drivers
2.13.1. Increasing Number of Nfc-Based Digital Transactions
2.13.2. High Penetration of Nfc-Enabled Smartphones
2.13.3. Significant Adoption of Nfc Technology in Consumer Electronics
2.13.4. Governments Across the Globe Encouraging Cashless Transactions
2.14. Market Restraints
2.14.1. Higher Costs of Nfc Chips
2.14.2. Security Concerns Related to Data
2.14.3. Difficulties in Product Designing
2.15. Market Opportunities
2.15.1. Growing Number of Startups in the Field of Nfc
2.15.2. Integration of Nfc With Medical Equipment
2.15.3. High Research & Development Expenditure in the Field of Nfc
2.16. Market Challenges
2.16.1. Lack of Awareness
2.16.2. Easy Availability of Substitutes
2.16.3. Interoperability Issues

3. Global Near Field Communication (Nfc) Chips Market Outlook - By Product Type
3.1. Auxiliary
3.2. Non-Auxiliary

4. Global Near Field Communication (Nfc) Chips Market Outlook - By Application
4.1. Television
4.2. Medical Equipment
4.3. Smartphone
4.4. Other Applications

5. Global Near Field Communication (Nfc) Chips Market Outlook - By Verticals
5.1. Consumer Electronics
5.2. Automotive
5.3. Retail
5.4. Banking & Finance
5.5. Medical
5.6. Other Verticals

6. Global Near Field Communication (Nfc) Chips Market - Regional Outlook
6.1. North America
6.1.1. Market By Product Type
6.1.2. Market By Application
6.1.3. Market By Verticals
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market By Product Type
6.2.2. Market By Application
6.2.3. Market By Verticals
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Spain
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market By Product Type
6.3.2. Market By Application
6.3.3. Market By Verticals
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia And New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market By Product Type
6.4.2. Market By Application
6.4.3. Market By Verticals
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East And Africa
6.5.1. Market By Product Type
6.5.2. Market By Application
6.5.3. Market By Verticals
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Broadcom Corporation
7.2. Em Microelectronic-Marin S.A.
7.3. Inside Secure S.A.
7.4. Marvell Technology Group Ltd.
7.5. Mediatek, Inc.
7.6. Mstar Semiconductor, Inc.
7.7. Murata Manufacturing Co., Ltd.
7.8. Nxp Semiconductors N.V.
7.9. Qualcomm, Inc.
7.10. Renesas Electronics Corporation
7.11. Samsung Semiconductor, Inc.
7.12. Sony Corporation
7.13. Stmicroelectronics N.V.
7.14. Texas Instruments, Inc.
7.15. Toshiba Corporation

8. Methodology & Scope
8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

List of Tables
Table 1: Market Attractiveness Matrix
Table 2: Vendor Scorecard
Table 3: Regulatory Framework
Table 4: Key Strategic Developments
Table 5: List of Nfc-Enabled Smartphone Models & Smartphone Manufacturers
Table 6: Startups in Nfc Technology
Table 7: Nfc-Based Transaction Services By Companies
Table 8: Global Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 9: Global Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 10: Global Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)
Table 11: Global Near Field Communication (Nfc) Chips Market, Regional Outlook, 2019-2027 (In $ Million)
Table 12: North America Near Field Communication (Nfc) Chips Market, Country Outlook, 2019-2027 (In $ Million)
Table 13: North America Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 14: North America Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 15: North America Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)
Table 16: Europe Near Field Communication (Nfc) Chips Market, Country Outlook, 2019-2027 (In $ Million)
Table 17: Europe Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 18: Europe Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 19: Europe Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)
Table 20: Asia-Pacific Near Field Communication (Nfc) Chips Market, Country Outlook, 2019-2027 (In $ Million)
Table 21: Asia-Pacific Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 22: Asia-Pacific Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 23: Asia-Pacific Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)
Table 24: Latin America Near Field Communication (Nfc) Chips Market, Country Outlook, 2019-2027 (In $ Million)
Table 25: Latin America Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 26: Latin America Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 27: Latin America Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)
Table 28: Middle East And Africa Near Field Communication (Nfc) Chips Market, Country Outlook, 2019-2027 (In $ Million)
Table 29: Middle East And Africa Near Field Communication (Nfc) Chips Market, By Product Type, 2019-2027 (In $ Million)
Table 30: Middle East And Africa Near Field Communication (Nfc) Chips Market, By Application, 2019-2027 (In $ Million)
Table 31: Middle East And Africa Near Field Communication (Nfc) Chips Market, By Verticals, 2019-2027 (In $ Million)

List of Figures
Figure 1: Global Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 2: Porter's Five Force Analysis
Figure 3: Key Impact Analysis
Figure 4: Timeline of Near Field Communication (Nfc) Chips
Figure 5: Market Opportunity Insights, By Region, 2018
Figure 6: Market Opportunity Insights, By Product Type, 2018
Figure 7: Market Opportunity Insights, By Application, 2018
Figure 8: Industry Components of Near Field Communication (Nfc) Chips Market
Figure 9: Key Player Positioning in 2018 (%)
Figure 10: Number of Cashless Transaction in Key Countries, 2016
Figure 11: Estimates of Nfc-Enabled Handset 2014-2020
Figure 12: Global Near Field Communication (Nfc) Chips Market, By Auxiliary, 2019-2027 (In $ Million)
Figure 13: Global Near Field Communication (Nfc) Chips Market, By Non-Auxiliary, 2019-2027 (In $ Million)
Figure 14: Global Near Field Communication (Nfc) Chips Market, By Television, 2019-2027 (In $ Million)
Figure 15: Global Near Field Communication (Nfc) Chips Market, By Smartphone, 2019-2027 (In $ Million)
Figure 16: Global Near Field Communication (Nfc) Chips Market, By Medical Equipment, 2019-2027 (In $ Million)
Figure 17: Global Near Field Communication (Nfc) Chips Market, By Other Applications, 2019-2027 (In $ Million)
Figure 18: Global Near Field Communication (Nfc) Chips Market, By Consumer Electronics, 2019-2027 (In $ Million)
Figure 19: Global Near Field Communication (Nfc) Chips Market, By Retail, 2019-2027 (In $ Million)
Figure 20: Global Near Field Communication (Nfc) Chips Market, By Automotive, 2019-2027 (In $ Million)
Figure 21: Global Near Field Communication (Nfc) Chips Market, By Banking & Finance, 2019-2027 (In $ Million)
Figure 22: Global Near Field Communication (Nfc) Chips Market, By Medical, 2019-2027 (In $ Million)
Figure 23: Global Near Field Communication (Nfc) Chips Market, By Other Verticals, 2019-2027 (In $ Million)
Figure 24: Global Near Field Communication (Nfc) Chips Market, Regional Outlook, 2018 & 2027 (In %)
Figure 25: United States Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 26: Canada Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 27: United Kingdom Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 28: Germany Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 29: France Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 30: Italy Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 31: Spain Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 32: Russia Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 33: Rest of Europe Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 34: China Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 35: Japan Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 36: India Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 37: South Korea Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 38: Asean Countries Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 39: Australia & New Zealand Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 40: Rest of Asia-Pacific Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 41: Brazil Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 42: Mexico Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 43: Rest of Latin America Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 44: United Arab Emirates Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 45: Saudi Arabia Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 46: Turkey Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 47: South Africa Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Figure 48: Rest of Middle East & Africa Near Field Communication (Nfc) Chips Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • Broadcom Corporation
  • Em Microelectronic-Marin S.A.
  • Inside Secure S.A.
  • Marvell Technology Group Ltd.
  • Mediatek, Inc.
  • Mstar Semiconductor, Inc.
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors N.V.
  • Qualcomm, Inc.
  • Renesas Electronics Corporation
  • Samsung Semiconductor, Inc.
  • Sony Corporation
  • Stmicroelectronics N.V.
  • Texas Instruments, Inc.
  • Toshiba Corporation
Note: Product cover images may vary from those shown
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