Market by Type, Application, Verticals, and Country Outlook | Forecast 2022-2028
As per Triton’s report, the
near field communication (NFC) chips market in North America is expected to
showcase a CAGR of 13.18% during the
estimated phase 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries studied in the region consist of:
•
Canada
The
United States holds the major share in the near field communication chips
market. North America
is among the leading nations in the NFC chips market, with NFC-enabled
smartphones gaining major traction. NFC technology is anticipated to become a standard
feature in smartphones in the upcoming regions, owing to the product
developments by smartphone manufacturers. Furthermore, the rising use of NFC
technology across banking, transportation, and retail for payments and
information transfer has increased. Thus, all these factors are propelling the
region’s NFC chips market on a progressive path.
Additionally, the rising data security concerns
have compelled mobile manufacturers to integrate near field communication
technology in smartphones. The region has witnessed a significant development
in NFC technology, with several organizations expanding their operations using
NFC chips. For instance, American Banknote Corporation introduced a major
NFC-enabled mobile payment trial. Such innovation and initiatives are expected
to create a profitable market for NFC chips over the forecast period.
In the United States, NFC-based transactions
have soared over the past few years. This growth is on account of rising
government support toward digital transactions and chip-base cards. In this
regard, debit and credit card information can be stored on the mobile through
various NFC-based applications, such as Amazon Pay, Google Wallet, and others.
Therefore, the growing adoption of NFC technology supports the near field
communication chips market’s development.
Near field communication chips are widely
incorporated in medical devices and equipment, as they help transfer data
between devices. These chips offer secure communication, transferring power
wirelessly. Further, the development of near-field communication-based
battery-less medical thermometers helps attain and record a patient’s
temperature quickly and efficiently. NFC tags are also used as electronic
health recovery to assess patients’ medical history and prescriptions. The NFC
chips market is segmented into applications, verticals, and products. The
application section further includes medical equipment, smartphone, television,
and other applications.
The
topmost companies in the market include Texas Instruments, Qualcomm Inc, Murata
Manufacturing Co Ltd, Samsung Semiconductor Inc, NXP Semiconductors NV, and
Renesas Electronics Corporation.
Texas Instruments Inc is a producer of
semiconductors. Its product line includes analog integrated circuits and
embedded processors. The company also offers amplifiers, data converters,
sensors, NFC solutions, and others. It serves numerous clients, including OEMs,
contract manufacturers, and distributors, via direct sales and third-party
representatives. Texas Instruments has operations across various regions, with
headquarters in Dallas, Texas, the US.
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 North America 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 NA 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. NORTH
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. NORTH
AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY TYPE
3.1. AUXILIARY
3.2. NON-AUXILIARY
4. NORTH
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. NORTH
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. NORTH
AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
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: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $
MILLION)
TABLE 9: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $
MILLION)
TABLE 11: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $
MILLION)
FIGURE 1: NORTH 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: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 10: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2022-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2022-2028 (IN $
MILLION)
FIGURE 12: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2022-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2022-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2022-2028 (IN $
MILLION)
FIGURE 16: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $
MILLION)
FIGURE 17: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2021 & 2028 (IN %)
FIGURE 18: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2022-2028 (IN
$ MILLION)
FIGURE 19: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2022-2028 (IN
$ MILLION)
FIGURE 22: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2022-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA NEAR
FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2022-2028(IN $
MILLION)
FIGURE 24: NORTH AMERICA 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)