Global Near Field Communication Chips NFC Report Thumbnail

Global Near Field Communication Chips NFC Market by Type (64 Bytes, 168 Bytes, Others), By Application (Consumer Electronics, Automotive, Medical, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-699
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 97
  • No. Of Pages: 232
  • Format:
  • Pub. Date: 2021-03-01
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The Global Near Field Communication Chips (NFC) Market size is forecast to grow at a CAGR of 25.5% from 2021-2028. The growth can be attributed to factors such as increasing demand for contactless payment systems and growing adoption in consumer electronics applications.

 

Near Field Communication Chips (NFC) is a wireless information and data exchange technology that enables the transfer of data over short distances. It was developed to provide connections between electronic devices, typically for financial transactions or other forms of contactless communication. NFC chips are used in many applications such as credit cards, debit cards, public transportation tickets, keycards, and identification badges.

 

On the basis of Types, the market is segmented into 64 Bytes, 168 Bytes, and Others.

 

64 Bytes NFC Chips:

64 Bytes Near Field Communication Chips can be defined as short-range wireless data transfer technology which can be used for contactless applications such as ticketing, credit card transactions, and other points of sale (POS) systems. This is a small chip that conforms to ISO/IEC 1809:2004 standards and operates in the 13.56 MHz frequency band or higher frequencies up to 212 MHz.

 

168 Bytes NFC Chips:

168 Bytes NFC Chips can be defined as a subset of Near Field Communication Chips that are designed for devices with small memory sizes. These NFC chips can be used in low-end smartphones or other applications where cost is a major factor and space on the device is limited, such as smart labels, tags, and key fobs.

Smaller devices often have very limited storage space. If a user needs to store large files, they may need more than the size of their device's internal memory. 168 Bytes NFC Chips can be used for storing data and transferring it from one place to another without an internet connection. These chips are also ideal for developers who want the information stored on tags that is not accessible by users or other apps unless authorized with a PIN code or password. They're also useful as backup plans when systems fail due to natural disasters such as hurricanes, earthquakes, floods, and wildfires.

 

On the basis of Applications, it is segmented into Consumer Electronics, Automotive, Medical, and Others. Consumer Electronics dominated this segment with more than 60%. This was closely followed by Automotive and Medical applications respectively.

 

Consumer Electronics:

NFC chips are used in consumer electronics for contactless payment systems which offer an easy way to make payments without cash or credit cards. In recent years there has been a growing adoption of NFC technology in smartphones as well as other mobile devices such as tablets due to its benefits over traditional methods like slow Bluetooth connections and low-powered WiFi signals. A number of companies have also gained popularity by embedding wireless RFID tags on their products making them trackable via smartphones with an app that can read the chip data when they are nearby – this enables customers to more effectively manage their supply chain and track their products.

 

Automotive:

Applications of NFC chips in the automotive industry are mainly for contactless payments and keyless entry systems which replace traditional methods like cash or credit cards with a phone that can be used to start the vehicle, enter without keys and pay for the fuel at gas stations. Some cars have also begun offering voice activation features through these chips as another way to make them safer by preventing drivers from taking their eyes off the road while using this technology. Automotive companies also benefit by being able to use smartphones’ location data to offer customers better service when they need it including where nearby stores are located or how traffic is running on certain routes – either through text alerts or maps that show up automatically on customer devices.

 

Medical:

NFC chips in medical instruments can be used to track data and monitor a patient's conditions. It provides an easier way for healthcare professionals to access or transfer information, which will help them save time and do their job more efficiently.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe occupies a significant share and has been forecast to remain as such over the coming years owing to its high smartphone penetration rate coupled with growing interest towards innovative consumer products that come equipped with NFC capabilities like contact-less payment systems which will propel revenues from hereon out.

 

Growth Factors For The Global Near Field Communication Chips (NFC) Market:

The growing adoption of contactless payment methods in developed and emerging markets as a convenience for customers is expected to drive growth. Card payments are being replaced with mobile devices which creates an opportunity for card issuers, merchants, processors, and other stakeholders in this ecosystem to innovate new offerings using NFC technology.

 


Up Market Research published a new report titled “Near Field Communication Chips NFC Market research report which is segmented by Types (64 Bytes, 168 Bytes, Others), By Applications (Consumer Electronics, Automotive, Medical, Others), By Players/Companies NXP Semiconductors, Broadcom Corporation, Texas Instruments, Qualcomm, STMicroelectronics, MediaTek, Mstar Semiconductor, AMS, Sony Corporation, Marvell technology Group”.

 

Report Scope

Report Attributes Report Details
Report Title Near Field Communication Chips NFC Market Research Report
By Type 64 Bytes, 168 Bytes, Others
By Application Consumer Electronics, Automotive, Medical, Others
By Companies NXP Semiconductors, Broadcom Corporation, Texas Instruments, Qualcomm, STMicroelectronics, MediaTek, Mstar Semiconductor, AMS, Sony Corporation, Marvell technology Group
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 232
Number of Tables & Figures 163
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Near Field Communication Chips NFC Industry Outlook
 

Global Near Field Communication Chips NFC Market Report Segments:

The market is segmented by Type 64 Bytes, 168 Bytes, Others and By Application Consumer Electronics, Automotive, Medical, Others.

 

Some of the companies that are profiled in this report are:

  1. NXP Semiconductors
  2. Broadcom Corporation
  3. Texas Instruments
  4. Qualcomm
  5. STMicroelectronics
  6. MediaTek
  7. Mstar Semiconductor
  8. AMS
  9. Sony Corporation
  10. Marvell technology Group
 

Near Field Communication Chips NFC Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Near Field Communication Chips NFC Market
 

Overview of the regional outlook of the Near Field Communication Chips NFC Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Near Field Communication Chips NFC Market Overview
 

Highlights of The Near Field Communication Chips NFC Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Near Field Communication Chips NFC Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. 64 Bytes

                2. 168 Bytes

                3. Others

       7. By Application:

                1. Consumer Electronics

                2. Automotive

                3. Medical

                4. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Near Field Communication Chips NFC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Near Field Communication Chips NFC Market Statistics
 

Reasons to Purchase the Near Field Communication Chips NFC Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Near Field Communication Chips NFC Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Near Field Communication Chips NFC Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Near Field Communication Chips NFC Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Near Field Communication Chips NFC Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Near Field Communication Chips NFC Market Size & Forecast, 2018-2028 
      4.5.1 Near Field Communication Chips NFC Market Size and Y-o-Y Growth 
      4.5.2 Near Field Communication Chips NFC Market Absolute $ Opportunity 


Chapter 5 Global Near Field Communication Chips NFC Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Near Field Communication Chips NFC Market Size Forecast by Type
      5.2.1 64 Bytes
      5.2.2 168 Bytes
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Near Field Communication Chips NFC Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Near Field Communication Chips NFC Market Size Forecast by Applications
      6.2.1 Consumer Electronics
      6.2.2 Automotive
      6.2.3 Medical
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Near Field Communication Chips NFC Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Near Field Communication Chips NFC Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Near Field Communication Chips NFC Analysis and Forecast
   9.1 Introduction
   9.2 North America Near Field Communication Chips NFC Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Near Field Communication Chips NFC Market Size Forecast by Type
      9.6.1 64 Bytes
      9.6.2 168 Bytes
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Near Field Communication Chips NFC Market Size Forecast by Applications
      9.10.1 Consumer Electronics
      9.10.2 Automotive
      9.10.3 Medical
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Near Field Communication Chips NFC Analysis and Forecast
   10.1 Introduction
   10.2 Europe Near Field Communication Chips NFC Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Near Field Communication Chips NFC Market Size Forecast by Type
      10.6.1 64 Bytes
      10.6.2 168 Bytes
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Near Field Communication Chips NFC Market Size Forecast by Applications
      10.10.1 Consumer Electronics
      10.10.2 Automotive
      10.10.3 Medical
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Near Field Communication Chips NFC Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Near Field Communication Chips NFC Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Near Field Communication Chips NFC Market Size Forecast by Type
      11.6.1 64 Bytes
      11.6.2 168 Bytes
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Near Field Communication Chips NFC Market Size Forecast by Applications
      11.10.1 Consumer Electronics
      11.10.2 Automotive
      11.10.3 Medical
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Near Field Communication Chips NFC Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Near Field Communication Chips NFC Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Near Field Communication Chips NFC Market Size Forecast by Type
      12.6.1 64 Bytes
      12.6.2 168 Bytes
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Near Field Communication Chips NFC Market Size Forecast by Applications
      12.10.1 Consumer Electronics
      12.10.2 Automotive
      12.10.3 Medical
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Near Field Communication Chips NFC Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Near Field Communication Chips NFC Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Near Field Communication Chips NFC Market Size Forecast by Type
      13.6.1 64 Bytes
      13.6.2 168 Bytes
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Near Field Communication Chips NFC Market Size Forecast by Applications
      13.10.1 Consumer Electronics
      13.10.2 Automotive
      13.10.3 Medical
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Near Field Communication Chips NFC Market: Competitive Dashboard
   14.2 Global Near Field Communication Chips NFC Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 NXP Semiconductors
      14.3.2 Broadcom Corporation
      14.3.3 Texas Instruments
      14.3.4 Qualcomm
      14.3.5 STMicroelectronics
      14.3.6 MediaTek
      14.3.7 Mstar Semiconductor
      14.3.8 AMS
      14.3.9 Sony Corporation
      14.3.10 Marvell technology Group
Segments Covered in the Report
The global Near Field Communication Chips NFC market has been segmented based on

By Types
  • 64 Bytes
  • 168 Bytes
  • Others
By Applications
  • Consumer Electronics
  • Automotive
  • Medical
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • NXP Semiconductors
  • Broadcom Corporation
  • Texas Instruments
  • Qualcomm
  • STMicroelectronics
  • MediaTek
  • Mstar Semiconductor
  • AMS
  • Sony Corporation
  • Marvell technology Group

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