Latin America Near Field Communication (Nfc) Chips Market 2022-2028

MARKET OUTLOOK

The publisher's research report insinuates that the Latin American near field communication (NFC) chips market is deemed to register growth at a CAGR of 11.21% during the forecast phase 2022-2028. Mexico, Brazil, and Rest of Latin America shape the market in this region.

Telecommunications is considered the first sector to privatize in Latin America. Earlier, several policymakers abandoned the import-substitution model and various liberalization processes, leading to privatization that supported major structural reforms. Chile was the first nation to privatize its state-owned operator, followed by other nations, including Argentina, Mexico, and Venezuela. The privatization has led to the shift from public to private monopoly, with companies like Telmex emerging as leading players. Therefore, the robust telecommunication industry creates numerous opportunities for the NFC chips market across the region.

Furthermore, Brazil has emerged as a major region supporting the market’s growth. Following the privatization, Telebras, the telecom system, was reformed into four subsidiaries and eight cellular companies. Several national telecom regulators lacked experience in enforcing regulations. In this regard, privatization led various companies to dominate the telecommunications industry. Over the recent years, the revenue of the near field communication chips market has grown substantially and is expected to advance in the years ahead. Thus, the development of the telecommunication industry has created a profitable market for NFC chips across Brazil and the overall region.

COMPETITIVE OUTLOOK

The notable companies in the near field communication chips market include Marvell Technology Group Ltd, Broadcom Corporation, MediaTek Inc, Murata Manufacturing Co Ltd, Qualcomm Inc, Texas Instruments Inc, and Sony Corporation.

1. Latin America Near Field Communication (Nfc) Chips Market - Summary

2. Industry Outlook

2.1. Impact of Covid-19 on Near Field Communication (Nfc) Chips Market
2.2. Key Insights
2.2.1. Emergence of Contactless Nfc Pos
2.2.2. Emerging Nfc Applications: Smart Posters and M-Wallet
2.2.3. Fundings for Companies/Start-Ups
2.3. Timeline of Near Field Communication (Nfc) Chips
2.4. Porter's Five Forces Analysis
2.5. Market Attractiveness Matrix
2.6. Industry Components
2.6.1. Raw Materials Suppliers
2.6.2. Manufacturers
2.6.3. Distributors
2.6.4. End-Users
2.7. Regulatory Framework
2.8. Vendor Scorecard
2.9. Key Impact Analysis
2.9.1. Application
2.9.2. Price
2.9.3. Communication Speed
2.9.4. Storage
2.10. Market Attractiveness Index
2.11. Key Market Strategies
2.11.1. Acquisitions
2.11.2. Product Launches
2.11.3. Investments & Expansions
2.11.4. Contracts & Agreements
2.12. Market Drivers
2.12.1. Number of Nfc-Based Digital Transactions
2.12.2. High Penetration of Nfc-Enabled Smartphones
2.12.3. Significant Adoption of Nfc Technology in Consumer Electronics
2.13. Market Challenges
2.13.1. Easy Availability of Substitutes
2.13.2. Interoperability Issues
2.13.3. Higher Costs of Nfc Chips
2.13.4. Security Concerns Related to Data
2.14. Market Opportunities
2.14.1. Governments Encouraging Cashless Transactions
2.14.2. Increasing Applications of Nfc in Medical Equipment

3. Latin America Near Field Communication (Nfc) Chips Market Outlook - by Type

3.1. Auxiliary
3.2. Non-Auxiliary

4. Latin America Near Field Communication (Nfc) Chips Market Outlook - by Application

4.1. Television
4.2. Medical Equipment
4.3. Smartphone
4.4. Other Applications

5. Latin America 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. Latin America Near Field Communication (Nfc) Chips Market - Regional Outlook

6.1. Brazil
6.2. Mexico
6.3. Rest of Latin America

7. Competitive Landscape

7.1. Broadcom Corporation
7.2. Em Microelectronic Marin Sa
7.3. Inside Secure Sa
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 Nv
7.9. Qualcomm Inc
7.10. Renesas Electronics Corporation
7.11. Samsung Semiconductor Inc
7.12. Sony Corporation
7.13. Stmicroelectronics Nv
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 and Smartphone Manufacturers
Table 6: Startups in Nfc Technology
Table 7: Nfc-Based Transaction Services by Companies
Table 8: Latin America Near Field Communication (Nfc) Chips Market, Country Outlook, 2022-2028 (In $ Million)
Table 9: Latin America Near Field Communication (Nfc) Chips Market, by Type, 2022-2028 (In $ Million)
Table 10: Latin America Near Field Communication (Nfc) Chips Market, by Application, 2022-2028 (In $ Million)
Table 11: Latin America Near Field Communication (Nfc) Chips Market, by Verticals, 2022-2028 (In $ Million)
Table 12: Latin America Near Field Communication (Nfc) Chips Market, Country Outlook, 2022-2028 (In $ Million)

List of Figures

Figure 1: Latin America Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 2: Porter's Five Forces Analysis
Figure 3: Key Impact Analysis
Figure 4: Timeline of Near Field Communication (Nfc) Chips
Figure 5: Market Attractiveness Index
Figure 6: Industry Components of Near Field Communication (Nfc) Chips Market
Figure 7: Number of Cashless Transactions in Key Countries
Figure 8: Estimates of Nfc-Enabled Handset
Figure 9: Latin America Near Field Communication (Nfc) Chips Market, by Type, 2021 & 2028 (In %)
Figure 10: Latin America Near Field Communication (Nfc) Chips Market, by Auxiliary, 2022-2028 (In $ Million)
Figure 11: Latin America Near Field Communication (Nfc) Chips Market, by Non-Auxiliary, 2022-2028 (In $ Million)
Figure 12: Latin America Near Field Communication (Nfc) Chips Market, by Application, 2021 & 2028 (In %)
Figure 13: Latin America Near Field Communication (Nfc) Chips Market, by Television, 2022-2028 (In $ Million)
Figure 14: Latin America Near Field Communication (Nfc) Chips Market, by Smartphone, 2022-2028 (In $ Million)
Figure 15: Latin America Near Field Communication (Nfc) Chips Market, by Medical Equipment, 2022-2028 (In $ Million)
Figure 16: Latin America Near Field Communication (Nfc) Chips Market, by Other Applications, 2022-2028 (In $ Million)
Figure 17: Latin America Near Field Communication (Nfc) Chips Market, by Verticals, 2021 & 2028 (In %)
Figure 18: Latin America Near Field Communication (Nfc) Chips Market, by Consumer Electronics, 2022-2028 (In $ Million)
Figure 19: Latin America Near Field Communication (Nfc) Chips Market, by Retail, 2022-2028 (In $ Million)
Figure 20: Latin America Near Field Communication (Nfc) Chips Market, by Automotive, 2022-2028 (In $ Million)
Figure 21: Latin America Near Field Communication (Nfc) Chips Market, by Banking & Finance, 2022-2028 (In $ Million)
Figure 22: Latin America Near Field Communication (Nfc) Chips Market, by Medical, 2022-2028 (In $ Million)
Figure 23: Latin America Near Field Communication (Nfc) Chips Market, by Other Verticals, 2022-2028(In $ Million)
Figure 24: Latin America Near Field Communication (Nfc) Chips Market, Regional Outlook, 2021 & 2028 (In %)
Figure 25: Brazil Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 26: Mexico Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 27: Rest of Latin America Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)