Market by Type, Application, Verticals, and Country Outlook | Forecast 2022-2028
As per Triton’s research
report, the near field communication (NFC) chips market in Asia-Pacific is estimated to
register a CAGR of 13.30% over the
forecast period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries studied in the given region include:
•
China
•
Japan
•
India
•
South Korea
•
ASEAN Countries
•
Australia & New Zealand
•
Rest of Asia-Pacific
In
the Asia-Pacific, China secures the major share in the near field communication
chips market. Several
companies in the region are introducing innovative near field communication
technology products. For instance, PVR launched the first NFC-enabled wallet
app for cashless payment for movies and refreshments in India. Additionally,
numerous banks have implemented NFC-based mobile payment services using
end-to-end cloud solutions. Huawei, for instance, partnered with China Union
Pay to roll out an NFC-based mobile payment service. Therefore, as mentioned
above, these factors heavily contribute to the growth of the NFC chips market.
In China, the market is primarily driven by the
growing adoption of near field communication technology by government bodies
and private companies. This is mainly on account of the rising demand for
digital transactions. This demand has led companies like Union Pay to launch
near field communication payment services partnering with Samsung. Furthermore,
government programs supporting digital transactions have increased the need for
NFC chips. Thus, the growing use of NFC-enabled chips for cashless transactions
drives the Chinese near field communication chips market’s progression.
Several private companies are adopting NFC
technology, which is anticipated to create a profitable market for NFC chips in
Japan. As per the NFC Forum, the East Japan Railway Company has introduced NFC
cards. Thus, as mentioned above, the growing adoption of NFC technology supports
the near field communication chips market.
Near field communication-enabled integrated
chips are widely used in auxiliary products such as NFC micro SD cards, NFC
UICC cards, NFC-enabled covers, and more. Smartphones have in-built NFC chips
that enable data exchange over a short-range. The studied market is segmented based on type, verticals, and
application. Here, the type segment is bifurcated into auxiliary and
non-auxiliary.
The
well-known companies thriving in the market include STMicroelectronics NV,
Texas Instruments Inc, Qualcomm Inc, Sony Corporation, Renesas Electronics
Corporation, Toshiba Corporation, and Samsung Semiconductor Inc.
Samsung Semiconductor Inc is a subsidiary of
Samsung Electronics Corporation. It mainly designs and manufactures LCD panels,
semiconductors, and storage products for desktop computing, mobile, consumer
electronics, and industrial communication systems. It offers various
semiconductors that include flash and SSD, NFC chips, memory chips, and ASIC
system logic devices. The company has operations across the world, including
the Asia-Pacific.
Samsung recently announced signing an MOU with
Western Digital to standardize and drive wide adoption of next-generation data
placement, processing, and storage technologies. They are sent to create a
vigorous ecosystem for the Zoned Storage solution, creating a higher value for
users.
Key deliverables of the report:
●
Market CAGR during the forecasting years 2022-2028
●
Detailed data highlighting key insights, industry components, and
market strategies
● Comprehensive information and estimation of the near field
communication (NFC) chips market revenue growth in the Asia-Pacific and its
influence on the parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
● A wide-ranging study of factors that will challenge the APAC near
field communication (NFC) chips market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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. 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
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)
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)