Europe Near Field Communication (Nfc) Chips Market 2022-2028

MARKET OUTLOOK

The publisher's report infers that the near field communication (NFC) chips market in Europe is expected to progress at a compound annual growth rate of 12.49% in revenue during 2022-2028. France, Germany, Spain, the United Kingdom, Italy, and the Rest of Europe form the market in the reflected region.

The French near field communication chips market is supported by innovation by telecom service providers. Moreover, the rising applications for cashless transactions have increased the adoption of NFC chips across the nation. For instance, Orange Organization, a telecom service provider, launched an application to support contactless mobile payments. Furthermore, the contactless spending limit has increased over the past few years. Therefore, these factors are creating affluent opportunities for the near field communication chips market across France.

In Italy, Samsung launched its Samsung Pay based on near field communication, compatible with wearables and mobile devices. Moreover, the government promotes cashless payment through Italia Cashless, offering rewards. In this regard, consumers receive a 10% refund for cashless payments using cards or payment applications. Additionally, Prada has commenced using NFC tags to track products through manufacturing. All these factors augment the NFC chips market’s development within Italy.

COMPETITIVE OUTLOOK

Leading firms in the near field communication chips market comprise Murata Manufacturing Co Ltd, Broadcom Corporation, NXP Semiconductors NV, Samsung Semiconductor Inc, Qualcomm Inc, Sony Corporation, and Inside Secure SA.

1. Europe 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. Europe Near Field Communication (Nfc) Chips Market Outlook - by Type

3.1. Auxiliary
3.2. Non-Auxiliary

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

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

5. Europe 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. Europe Near Field Communication (Nfc) Chips Market - Country Outlook

6.1. United Kingdom
6.2. Germany
6.3. France
6.4. Italy
6.5. Spain
6.6. Rest of Europe

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: Europe Near Field Communication (Nfc) Chips Market, Country Outlook, 2022-2028 (In $ Million)
Table 9: Europe Near Field Communication (Nfc) Chips Market, by Type, 2022-2028 (In $ Million)
Table 10: Europe Near Field Communication (Nfc) Chips Market, by Application, 2022-2028 (In $ Million)
Table 11: Europe Near Field Communication (Nfc) Chips Market, by Verticals, 2022-2028 (In $ Million)
Table 12: Europe Near Field Communication (Nfc) Chips Market, Country Outlook, 2022-2028 (In $ Million)

List of Figures

Figure 1: Europe 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: Europe Near Field Communication (Nfc) Chips Market, by Type, 2021 & 2028 (In %)
Figure 10: Europe Near Field Communication (Nfc) Chips Market, by Auxiliary, 2022-2028 (In $ Million)
Figure 11: Europe Near Field Communication (Nfc) Chips Market, by Non-Auxiliary, 2022-2028 (In $ Million)
Figure 12: Europe Near Field Communication (Nfc) Chips Market, by Application, 2021 & 2028 (In %)
Figure 13: Europe Near Field Communication (Nfc) Chips Market, by Television, 2022-2028 (In $ Million)
Figure 14: Europe Near Field Communication (Nfc) Chips Market, by Smartphone, 2022-2028 (In $ Million)
Figure 15: Europe Near Field Communication (Nfc) Chips Market, by Medical Equipment, 2022-2028 (In $ Million)
Figure 16: Europe Near Field Communication (Nfc) Chips Market, by Other Applications, 2022-2028 (In $ Million)
Figure 17: Europe Near Field Communication (Nfc) Chips Market, by Verticals, 2021 & 2028 (In %)
Figure 18: Europe Near Field Communication (Nfc) Chips Market, by Consumer Electronics, 2022-2028 (In $ Million)
Figure 19: Europe Near Field Communication (Nfc) Chips Market, by Retail, 2022-2028 (In $ Million)
Figure 20: Europe Near Field Communication (Nfc) Chips Market, by Automotive, 2022-2028 (In $ Million)
Figure 21: Europe Near Field Communication (Nfc) Chips Market, by Banking & Finance, 2022-2028 (In $ Million)
Figure 22: Europe Near Field Communication (Nfc) Chips Market, by Medical, 2022-2028 (In $ Million)
Figure 23: Europe Near Field Communication (Nfc) Chips Market, by Other Verticals, 2022-2028(In $ Million)
Figure 24: Europe Near Field Communication (Nfc) Chips Market, Regional Outlook, 2021 & 2028 (In %)
Figure 25: United Kingdom Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 26: Germany Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 27: France Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 28: Italy Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 29: Spain Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 30: Rest of Europe Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)