Market by Type, Application, Verticals, and Regional Outlook | Forecast 2022-2028
NFC chip is one of the key NFC products available with various
applications such as contactless mobile payments, information sharing, and
information security. These chips allow devices to share data with other
NFC-equipped devices and are swiftly gaining popularity due to increasing
contactless payments through electronic gadgets.
According to Triton Market Research’s report, the Global Near Field Communication (NFC) Chips Market is anticipated
to reach $7.47 billion by 2028, with
a CAGR of 12.99% from $3.06 billion in 2021 during the
forecast period 2022-2028.
Click here to check out our blog on the Global Near Field Communication (NFC) Chips Market
MARKET PERFORMANCE – DRIVERS,
CHALLENGES, AND TRENDS
Factors such as the rising number of NFC-based
digital transactions, high penetration of NFC-enabled smartphones, and
significant adoption of NFC technology in consumer electronics are expected to
foster the growth of the market over the forecast period. The availability of new NFC-enabled devices,
such as smartphones, stereo headphones, and NFC-enable car keys, compatible
with vehicle infotainment systems are gaining popularity among the consumers,
especially the young and technically inclined customers. Further, the
increasing applications of NFC, apart from payments and device-to-device
sharing, such as patient health monitoring and management, transportation
sector for boarding passes and security access by airlines, keyless entries for
offices, and buildings, are primarily driving the studied market.
On the contrary, the threat of data theft and
hacking is restricting the reviewed market’s growth globally. As NFC enables the contactless transfer of
data, users are possibly exposed to possible security problems such as data
corruption, manipulation, and hacking, among others.
In terms of market trends, the emergence of
contactless NFC POS is gaining popularity, allowing customers to make
transactions by waving or tapping their devices at NFC-ready POS terminals. An increase in the adoption rate of
contactless payment modes by retailers like Starbucks and McDonald’s also
contributes to the market’s growth.
Report scope can be customized per your requirements. Request For Customization
KEY GEOGRAPHIES COVERED:
• North America: United
States and Canada
• Europe: United Kingdom,
France, Germany, Spain, Italy, and Rest of Europe
• Asia-Pacific: China,
Japan, India, Australia, South Korea, ASEAN Countries, and Rest of Asia Pacific
• Latin America: Brazil,
Mexico, and Rest of Latin America
• Middle East and Africa:
Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle
East & Africa
SEGMENTATION ANALYSIS – NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET :
• Type segment is sectioned into:
o Non- Auxiliary
o Auxiliary
• Application segment is sectioned into:
o Television
o Smartphone
o Medical Equipment
o Other Applications
Medical equipment is likely to be the
fastest-growing application during the forecast period. The growing necessity for digitizing health
records and tracking the fitness of patients has increased the NFC chips’
demand in the market. For example, Jawbone UP4 tracks the heart rate and also
enables users to make payments.
• Verticals segment is sectioned into:
o Consumer Electronics
o Automotive
o Retail
o Banking
& Finance
o Medical
o Other Verticals
Consumer electronics was the largest vertical in
2021. NFC technology
is set to become a vital component of consumer electronics owing to its
superior functionality. Presently, NFC is used for information sharing and
storing secure card information or transferring business cards and contact
information between mobile devices. Additionally, NFC can be used to transfer
URLs and enable actions such as tweets, Facebook likes, and others. The key
benefits of near field communication technology are speed, efficiency, and ease
of access, which have made this technology an integral part of consumer
electronic devices.
COMPETITIVE LANDSCAPE:
The near field communication (NFC) chips market by company profile helps
dive into data about the key players in this industry. The strategic
initiatives for each of the companies considered have been covered in detail.
Divestiture (January 2022):
Verimatrix and Infineon Technologies
Infineon Technologies AG bought Verimatrix’s portfolio of NFC patents
for around $2 million.
Acquisition (April 2021):
Marvell Technology Inc and Inphi Corporation
Marvell Technology Inc acquired Inphi Corporation to strengthen its
leadership in data infrastructure.
Product Launch (January
2021): EM Microelectronic
EM Microelectronic introduced em|linq. It is an NFC tag authentication
IC for advanced brand protection and consumer engagement.
Key Benefits of the Report:
● Triton Market Research has a collective experience of 25-30 years
in the industry, with its analysts and experts encompassing the most infallible
research methodology for its market intelligence and industry analysis.
●
Our research methodology helps in achieving a broader consensus of
the market size, shape, and industry trends within each industry segment.
● The strategy adopted in designing the research methodology
includes the amalgamation of the information assembled from primary and
secondary sources, with the assistance of analytical tools to construct the
forecast and predictive models.
● The scope of the market report comprises the current scenario of
the global near field communication (NFC) chips market, along with a detailed
overview of the industry outlook, market dynamics, segmentation analysis,
regional outlook, and competitive landscape for the period 2022-2028.
FAQs:
Q 1) Does this report include
the impact of COVID-19 on the near field communication (NFC) chips market?
The market study has analyzed the impact of COVID-19 on the near field
communication (NFC) chips market qualitatively as well as quantitatively.
Q 2) Any promising vertical
that can prove to be a key investment pocket in coming years?
Due to the COVID-19 pandemic, the medical/healthcare industry is
incrementally adopting the NFC, which is expected to make it a key investment
pocket in the coming years.
Market by Technology (Data ana ..
VIEW REPORT1. GLOBAL
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. GLOBAL
NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY 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 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 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. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY 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
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY 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 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 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: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $
MILLION)
TABLE 13: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $
MILLION)
TABLE 15: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 16: EUROPE NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 17: EUROPE NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 20: ASIA-PACIFIC NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $
MILLION)
TABLE 21: ASIA-PACIFIC NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 24: LATIN AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $
MILLION)
TABLE 25: LATIN AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 26: LATIN AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $
MILLION)
TABLE 27: LATIN AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 28: MIDDLE EAST AND
AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028
(IN $ MILLION)
TABLE 29: MIDDLE EAST AND AFRICA
NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 30: MIDDLE EAST AND
AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028
(IN $ MILLION)
TABLE 31: MIDDLE EAST AND AFRICA
NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $
MILLION)
FIGURE 1: GLOBAL 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: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 10: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2022-2028 (IN $
MILLION)
FIGURE 16: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $
MILLION)
FIGURE 17: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2021 & 2028 (IN %)
FIGURE 18: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2022-2028 (IN $
MILLION)
FIGURE 19: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 21: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2022-2028 (IN $
MILLION)
FIGURE 22: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2022-2028 (IN $ MILLION)
FIGURE 23: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2022-2028(IN $ MILLION)
FIGURE 24: GLOBAL NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 25: UNITED STATES NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: CANADA NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: UNITED KINGDOM NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: GERMANY NEAR FIELD
COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: FRANCE NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: ITALY NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: SPAIN NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: REST OF EUROPE NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: CHINA NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: JAPAN NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: INDIA NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: SOUTH KOREA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: ASEAN COUNTRIES
NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: AUSTRALIA & NEW
ZEALAND NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: REST OF
ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $
MILLION)
FIGURE 40: BRAZIL NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: MEXICO NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: REST OF LATIN
AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: UNITED ARAB
EMIRATES NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: SAUDI ARABIA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: TURKEY NEAR FIELD COMMUNICATION
(NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: SOUTH AFRICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)
FIGURE 47: REST OF MIDDLE EAST
& AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2028 (IN $
MILLION)