Asia-Pacific Near Field Communication (Nfc) Chips Market 2022-2028

MARKET OUTLOOK

The publisher's research report on the Asia-Pacific near field communication (NFC) chips market indicates that the market is likely to advance at a CAGR of 13.30% during the forecasting phase of 2022-2028. China, ASEAN countries, Japan, Australia & New Zealand, South Korea, India, and Rest of APAC outline the examined market in the APAC region.

In India, the studied market is majorly driven by government initiatives like Digital India. These initiatives are promoting digital transactions, increasing the need for NFC chips. The National Institution for Transforming India has set a long-term goal of fully converting transactions to digital platforms. Besides, companies like Samsung have introduced Samsung pay and partnered with various banks to support cashless transactions, which has generated high adoption of NFC technology.

Furthermore, the Institute for Development and Research in Banking Technology launched a program on mobile wallets and near field communication-based payments to expand user understanding of NFC technology and payments. Thus, these factors widen the scope and growth of the NFC chips market across India.

Likewise, the growing adoption of NFC technology and favorable government plans toward contactless payments support the studied market’s development. As per the GSMA Organization, the country is well-equipped with NFC terminals and readers as cards support the NFC-based readers. Additionally, the government has approved mobile payment through a tap that has increased the integration of NFC chips. Hence, as stated above, these factors are increasingly benefiting the near field communication chips market across South Korea.

COMPETITIVE OUTLOOK

The major firms in the near field communication chips market include MediaTek Inc, NXP Semiconductors NV, Qualcomm Inc, Samsung Semiconductor Inc, STMicroelectronics NV, and Toshiba Corporation.

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

3.1. Auxiliary
3.2. Non-Auxiliary

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

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

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

6.1. China
6.2. Japan
6.3. India
6.4. South Korea
6.5. Asean Countries
6.6. Australia & New Zealand
6.7. Rest of Asia-Pacific

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

List of Figures

Figure 1: Asia-Pacific 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: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Type, 2021 & 2028 (In %)
Figure 10: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Auxiliary, 2022-2028 (In $ Million)
Figure 11: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Non-Auxiliary, 2022-2028 (In $ Million)
Figure 12: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Application, 2021 & 2028 (In %)
Figure 13: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Television, 2022-2028 (In $ Million)
Figure 14: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Smartphone, 2022-2028 (In $ Million)
Figure 15: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Medical Equipment, 2022-2028 (In $ Million)
Figure 16: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Other Applications, 2022-2028 (In $ Million)
Figure 17: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Verticals, 2021 & 2028 (In %)
Figure 18: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Consumer Electronics, 2022-2028 (In $ Million)
Figure 19: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Retail, 2022-2028 (In $ Million)
Figure 20: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Automotive, 2022-2028 (In $ Million)
Figure 21: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Banking & Finance, 2022-2028 (In $ Million)
Figure 22: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Medical, 2022-2028 (In $ Million)
Figure 23: Asia-Pacific Near Field Communication (Nfc) Chips Market, by Other Verticals, 2022-2028(In $ Million)
Figure 24: Asia-Pacific Near Field Communication (Nfc) Chips Market, Regional Outlook, 2021 & 2028 (In %)
Figure 25: China Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 26: Japan Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 27: India Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 28: South Korea Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 29: Asean Countries Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 30: Australia & New Zealand Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)
Figure 31: Rest of Asia-Pacific Near Field Communication (Nfc) Chips Market 2022-2028 (In $ Million)