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Published Date: 2017-04-12Number of Pages: 219

Global NFC Chips Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Global NFC Chips Market: Snapshot

The global near field communication (NFC chips) market is anticipated to witness a tremendous growth in the period from 2016 to 2024 on account of the versatility and convenience of NFC chips. These chips also provide enhanced safety, driving their demand. The growing need for secure transactions can be felt worldwide and this is boosting the growth of the NFC chips market. NFC requires PIN and does not provide retailers with credit card information about users and thus, more secure. Also, the use of NFC causes no hassle and is easy to use for wide range of applications such as contactless payments, for providing authentication of information when required, and for information sharing. It is thus, no wonder that NFC is replacing other short range communication technologies such as Bluetooth. The growing adoption of NFC technology in smart phones and smart cameras is slated to fuel the growth of the NFC chips market in the years to come.

High Demand for Efficiency and Quick Accessibility to Drive Demand

There is a need for efficiency and reliable mode of information sharing and this is driving the adoption of NFC chips. The requirement of faster access to data across industries is also a key factor behind the growing popularity of near field communication technology. The growing advancements and investments by players within the market are expected to help the market to grow within the forecast period. The decreasing rates of NFC chips on account of the declining prices of various materials required for the manufacturing of these chips will make it very profitable for NFC market players. The increasing demand for connectivity between devices for information or data sharing will help the market to grow further. The growing adoption of online payments is another key factor boosting the growth of this market.

near field communication chips market

Asia Pacific Emerges Key Market for NFC Chips Leaving Behind North America

North America emerged as the leading regional segment within the NFC chips market, accounting for 34% of the market in 2015. The key factor behind the growth of this market in North America is the partnerships between banks and enterprises, which is helping in tokenizing the cards that use NFC chips. The introduction of NFC reader modes, peer to peer modes, and card emulation standards is also helping the market to grow in North American region. However, it is Asia Pacific which will emerge as the leading market for NFC chips in the future. The Asia Pacific NFC chips market is slated to expand at a 27.90% CAGR between 2016 and 2024 on account of the growing penetration or use of smart phones in the region.

Europe is also slated to witness a positive growth in the coming years on account of the high use of consumer electronic products in Western part of Europe. Growing applications of wireless technology is also helping the market to grow in Europe. The Latin America and the Middle East and Africa markets for NFC chips are also anticipated to do extremely well in the coming years.

Smartphones to Remain Leading Application Area

Smartphones are a key application area of NFC and thus, the smartphones segment has been leading in the NFC market. The growing demand for smartphones and increasing adoption of newer technologies is aiding the growth of this segment. The medical equipment and television segments are not far behind in terms of growth. The increasing disposable income of consumers worldwide will lead to a healthy growth of the television segment.

Chapter 1 Preface 
1.1 Report Scope & Market Segmentation
1.2 Research Highlights

Chapter 2 Assumptions and Research Methodology

Chapter 3 Executive Summary

Chapter 4 Market Overview
4.1 Product Overview
4.2 Market Indicators

Chapter 5 Market Dynamics
5.1 Drivers and Restraints: Snapshot Analysis
5.2 Drivers
      5.2.1 Growing Demand of NFC chips among Consumer electronics manufacturer
      5.2.2 Government Initiatives and Subsidies
      5.2.3 Rising application in medical sector
5.3 Restraints
      5.3.1 Complexity in product design
      5.3.2 Lack of awareness and enthusiasm among consumers
5.4 Opportunity Analysis
      5.4.1 Opportunities
      5.4.2 NFC chips application in real estate industry
      5.4.3 Rising mergers and acquisitions in NFC based industries
      5.4.4 Global NFC Chips Market Size (USD Mn) and Volume (Units Mn) Forecasts, 2016-2024

Chapter 6 Global NFC Chips Market Analysis: By Product Application, Revenue (USD Mn) and Volume (Units Mn)
6.1 Global NFC Chips Market Attractiveness Analysis, By Product Application
6.2 Smartphone
6.3 Television
6.4 Medical Equipment
6.5 Cars
6.6 Others

Chapter 7 Global NFC Chips Market Analysis: By Storage Capacity, Revenue (USD Mn) and Volume (Units Mn)
7.1 64 Bytes
7.2 168 Bytes
7.3 180 Bytes
7.4 540 Bytes
7.5 Others

Chapter 8 Global NFC Chips Market Analysis: By End Users, Revenue (USD Mn) and Volume (Units Mn)
8.1 Consumer Electronics
8.2 Automotive
8.3 Retail
8.4 Medical
8.5 Aviation
8.6 Others

Chapter 9 Global NFC Chips Market Analysis, by Region, Revenue (USD Mn) and Volume (Units Mn)

Chapter 10 North America NFC Chips Market Analysis, Revenue (USD Mn) and Volume (Units Mn) Forecast (2016-2024)
10.1 North America NFC Chips Market Analysis, By Product Application
      10.1.1 Smartphone
      10.1.2 Television
      10.1.3 Medical Equipment
      10.1.4 Cars
      10.1.5 Others
10.2 North America NFC Chips Market Analysis, By Storage Capacity
      10.2.1 64 Bytes
      10.2.2 168 Bytes
      10.2.3 180 Bytes
      10.2.4 540 Bytes
      10.2.5 Others
10.3 North America NFC Chips Market Analysis, By End Users
      10.3.1 Consumer Electronics
      10.3.2 Automotive
      10.3.3 Retail
      10.3.4 Medical 
      10.3.5 Aviation
      10.3.6 Others
10.4 North America NFC Chips Market Analysis, By Country
      10.4.1 U.S.
      10.4.2 Canada
      10.4.3 Mexico

Chapter 11 Europe NFC Chips Market Analysis, Revenue (USD Mn) and Volume (Units Mn) Forecast (2016-2024)
11.1 Europe NFC Chips Market Analysis, By Product Application
      11.1.1 Smartphone
      11.1.2 Television
      11.1.3 Medical Equipment
      11.1.4 Cars
      11.1.5 Others
11.2 Europe NFC Chips Market Analysis, By Storage Capacity
      11.2.1 64 Bytes
      11.2.2 168 Bytes
      11.2.3 180 Bytes
      11.2.4 540 Bytes
      11.2.5 Others
11.3 Europe NFC Chips Market Analysis, By End Users
      11.3.1 Consumer Electronics
      11.3.2 Automotive
      11.3.3 Retail
      11.3.4 Medical 
      11.3.5 Aviation
      11.3.6 Others
11.4 Europe NFC Chips Market Analysis, By Country
      11.4.1 Germany
      11.4.2 France
      11.4.3 UK
      11.4.4 Italy
      11.4.5 Rest of Europe

Chapter 12. Asia Pacific NFC Chips Market Analysis, Revenue (USD Mn) and Volume (Units Mn) Forecast (2016-2024)
12.1 Asia Pacific NFC Chips Market Analysis, By Product Application
      12.1.1 Smartphone
      12.1.2 Television
      12.1.3 Medical Equipment
      12.1.4 Cars
      12.1.5 Others
12.2 Asia Pacific NFC Chips Market Analysis, By Storage Capacity
      12.2.1 64 Bytes
      12.2.2 168 Bytes
      12.2.3 180 Bytes
      12.2.4 540 Bytes
      12.2.5 Others
12.3 Asia Pacific NFC Chips Market Analysis, By End Users
      12.3.1 Consumer Electronics
      12.3.2 Automotive
      12.3.3 Retail
      12.3.4 Medical 
      12.3.5 Aviation
      12.3.6 Others
12.4 Asia Pacific NFC Chips Market Analysis, By Country
      12.4.1 Japan
      12.4.2 South Korea
      12.4.3 China
      12.4.4 India
      12.4.5 Rest of Asia Pacific

Chapter 13. Middle East and Africa (MEA) NFC Chips Market Analysis, Revenue (USD Mn) and Volume (Units Mn) Forecast (2016-2024)
13.1 Middle East and Africa (MEA) NFC Chips Market Analysis, By Product Application
      13.1.1 Smartphone
      13.1.2 Television
      13.1.3 Medical Equipment
      13.1.4 Cars
      13.1.5 Others
13.2. Middle East and Africa (MEA) NFC Chips Market Analysis, By Storage Capacity
      13.2.1 64 Bytes
      13.2.2 168 Bytes
      13.2.3 180 Bytes
      13.2.4 540 Bytes
      13.2.5 Others
13.3 Middle East and Africa (MEA) NFC Chips Market Analysis, By End Users
      13.3.1 Consumer Electronics
      13.3.2 Automotive
      13.3.3 Retail
      13.3.4 Medical 
      13.3.5 Aviation
      13.3.6 Others
13.4 Middle East and Africa (MEA) NFC Chips Market Analysis, By Country
      13.4.1 U.A.E
      13.4.2 South Africa
      13.4.3 Rest of MEA

Chapter 14. Latin America NFC Chips Market Analysis, Revenue (USD Mn) and Volume (Units Mn) Forecast (2016-2024)
14.1 Latin America NFC Chips Market Analysis, By Product Application
      14.1.1 Smartphone
      14.1.2 Television
      14.1.3 Medical Equipment
      14.1.4 Cars
      14.1.5 Others
14.2 Latin America NFC Chips Market Analysis, By Storage Capacity
      14.2.1 64 Bytes
      14.2.2 168 Bytes
      14.2.3 180 Bytes
      14.2.4 540 Bytes
      14.2.5 Others
14.3 Latin America NFC Chips Market Analysis, By End Users
      14.3.1 Consumer Electronics
      14.3.2 Automotive
      14.3.3 Retail
      14.3.4 Medical 
      14.3.5 Aviation
      14.3.6 Others
14.4 Latin America NFC Chips Market Analysis, By Country
      14.4.1 Brazil
      14.4.2 Argentina
      14.4.3 Rest of Latin America

Chapter 15. Global NFC Chips Market Analysis: Competitive Landscape
15.1 Competitive strategies adopted by Major Players
15.2 Global NFC Chips Market Share Analysis by Company (2015)

Chapter 16. Company Profile
16.1 NXP Semiconductors
      16.1.1. Company Details
      16.1.2. Company Description
      16.1.3. Business Overview
      16.1.4. SWOT Analysis
      16.1.5. Strategic Overview
16.2 Broadcom Corporation
      16.2.1. Company Details
      16.2.2. Company Description
      16.2.3. Business Overview
      16.2.4. SWOT Analysis
      16.2.5. Strategic Overview
16.3 Texas Instruments Inc.
      16.3.1. Company Details
      16.3.2. Company Description
      16.3.3. Business Overview
      16.3.4. SWOT Analysis
      16.3.5. Strategic Overview
16.4 Qualcomm Inc.
      16.4.1. Company Details
      16.4.2. Company Description
      16.4.3. Business Overview
      16.4.4. SWOT Analysis
      16.4.5. Strategic Overview
16.5 STMicroelectronics
      16.5.1. Company Details
      16.5.2. Company Description
      16.5.3. Business Overview
      16.5.4. SWOT Analysis
      16.5.5. Strategic Overview
16.6 MediaTek Inc.
      16.6.1. Company Details
      16.6.2. Company Description
      16.6.3. Business Overview
      16.6.4. SWOT Analysis
      16.6.5. Strategic Overview
16.7 Mstar Semiconductor Inc.
      16.7.1. Company Details
      16.7.2. Company Description
      16.7.3. Business Overview
      16.7.4. SWOT Analysis
      16.7.5. Strategic Overview
16.8 AMS AG
      16.8.1. Company Details
      16.8.2. Company Description
      16.8.3. Business Overview
      16.8.4. SWOT Analysis
      16.8.5. Strategic Overview
16.9 Sony Corporation
      16.9.1. Company Details
      16.9.2. Company Description
      16.9.3. Business Overview
      16.9.4. SWOT Analysis
      16.9.5. Strategic Overview
16.10 Marvell technology Group Ltd.
      16.10.1. Company Details
      16.10.2. Company Description
      16.10.3. Business Overview
      16.10.4. SWOT Analysis
      16.10.5. Strategic Overview

List of Figures 

FIG 1 Market Size, Indicative (USD Mn)
FIG 2 Market Size (USD Mn), By Segments with Highest CAGR (in %)
FIG 3 Growth Trend, By Segments with Highest CAGR, 2015-2024
FIG 4 Market Volume, Indicative (Units Mn)
FIG 5 Market Size (Units Mn), By Segments with Highest CAGR (in %)
FIG 6 Growth Trend, By Segments with Highest CAGR, 2015 -2024
FIG 7 Drivers, Restraints and Key Trends
FIG 8 Market Share, By Revenue By Region , 2015
FIG 9  Market Share, By Volume By Region , 2015
FIG 10 Market Opportunity Map, By application, 2015
FIG 11 Market Opportunity Map, By Storage Capacity and By End Users, 2015
FIG 12 Global NFC Chips Market Size (US$ Mn) and Volume (Units Mn) Forecast, 2016–2024
FIG 13 NFC chip Market Attractiveness Analysis, by Application
FIG 14 Global NFC Chips Market Value Share Analysis By Product Application, 2016 and 2024
FIG 15 Global NFC Chips Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 16 Smartphone Market, 2015 – 2024, USD Mn
FIG 17 Television Market, 2015 – 2024, USD Mn
FIG 18 Medical Equipment Market, 2015 – 2024, USD Mn
FIG 19 Cars Market, 2015 – 2024, USD Mn
FIG 20 Others Market, 2015 – 2024, USD Mn
FIG 21 Smartphone Market, 2015 – 2024, Units Mn
FIG 22 Television Market, 2015 – 2024, Units Mn
FIG 23 Medical Equipment Market, 2015 – 2024, Units Mn
FIG 24 Cars Market, 2015 – 2024, Units Mn
FIG 25 Others Market, 2015 – 2024, Units Mn
FIG 26 Global NFC Chips Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 27 Global NFC Chips Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 28 64 Bytes Market, 2015 – 2024, USD Mn
FIG 29 168 Bytes Market, 2015 – 2024, USD Mn
FIG 30 180 Bytes Market, 2015 – 2024, USD Mn
FIG 31 540 Bytes Market, 2015 – 2024, USD Mn
FIG 32 Others Market, 2015 – 2024, USD Mn
FIG 33 64 Bytes Market, 2015 – 2024, Units Mn
FIG 34 168 Bytes Market, 2015 – 2024, Units Mn
FIG 35 180 Bytes Market, 2015 – 2024, Units Mn
FIG 36 540 Bytes Market, 2015 – 2024, Units Mn
FIG 37 Others Market, 2015 – 2024, Units Mn
FIG 38 Global NFC Chips Market Value Share Analysis By End Users, 2016 and 2024
FIG 39 Global NFC Chips Market Volume Share Analysis By End Users 2016 and 2024
FIG 40 Consumer Electronics Market, 2015 – 2024, USD Mn
FIG 41 Automotive Market, 2015 – 2024, USD Mn
FIG 42 Retail Market, 2015 – 2024, USD Mn
FIG 43 Medical Market, 2015 – 2024, USD Mn
FIG 44 Aviation Market, 2015 – 2024, USD Mn
FIG 45 Others Market, 2015 – 2024, USD Mn
FIG 46 Consumer Electronics Market, 2015 – 2024, Units Mn
FIG 47 Automotive Market, 2015 – 2024, Units Mn
FIG 48 Retail Market, 2015 – 2024, Units Mn
FIG 49 Medical Market, 2015 – 2024, Units Mn
FIG 50 Aviation Market, 2015 – 2024, Units Mn
FIG 51 Others Market, 2015 – 2024, Units Mn
FIG 52 Global NFC Chips Market Value Share Analysis By Region Type, 2016 and 2024
FIG 53 Global NFC Chips Market Volume Share Analysis By Region Type, 2016 and 2024
FIG 54 North America Market Value Share Analysis By Product Application, 2016 and 2024
FIG 55 North America Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 56 North America Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 57 North America Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 58 North America Market Value Share Analysis By End Users 2016 and 2024
FIG 59 North America Market Volume Share Analysis By End Users, 2016 and 2024
FIG 60 North America Market Value Share Analysis By Country, 2016 and 2024
FIG 61 North America Market Volume Share Analysis By Country, 2016 and 2024
FIG 62 US NFC Chips Market analysis, By Revenue
FIG 63 US NFC Chips Market analysis, By Volume
FIG 64 Canada NFC Chips Market analysis, By Revenue
FIG 65 Canada NFC Chips Market analysis, By Volume
FIG 66 Mexico NFC Chips Market analysis, By Revenue
FIG 67 Mexico NFC Chips Market analysis, By Volume
FIG 68 Europe Market Value Share Analysis By Product Application, 2016 and 2024
FIG 69 Europe Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 70 Europe Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 71 Europe Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 72 Europe Market Value Share Analysis By End Users 2016 and 2024
FIG 73 Europe Market Volume Share Analysis By End Users, 2016 and 2024
FIG 74 Europe Market Value Share Analysis By Country, 2016 and 2024
FIG 75 Europe Market Volume Share Analysis By Country, 2016 and 2024
FIG 76 Germany NFC Chips Market analysis, By Revenue
FIG 77 Germany NFC Chips Market analysis, By Volume
FIG 78 France NFC Chips Market analysis, By Revenue
FIG 79 France NFC Chips Market analysis, By Volume
FIG 80 UK NFC Chips Market analysis, By Revenue
FIG 81 UK NFC Chips Market analysis, By Volume
FIG 82 Italy NFC Chips Market analysis, By Revenue
FIG 83 Italy NFC Chips Market analysis, By Volume
FIG 84 Rest of Europe NFC Chips Market analysis, By Revenue
FIG 85 Rest of Europe NFC Chips Market analysis, By Volume
FIG 86 Asia pacific Market Value Share Analysis By Product Application, 2016 and 2024
FIG 87 Asia pacific Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 88 Asia pacific Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 89 Asia pacific Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 90 Asia Pacific Market Value Share Analysis By End Users 2016 and 2024
FIG 91 Asia Pacific Market Volume Share Analysis By End Users, 2016 and 2024
FIG 92 Asia Pacific  Market Value Share Analysis By Country, 2016 and 2024
FIG 93 Asia Pacific  Market Volume Share Analysis By Country, 2016 and 2024
FIG 94 Japan NFC Chips Market analysis, By Revenue
FIG 95 Japan NFC Chips Market analysis, By Volume
FIG 96 South Korea NFC Chips Market analysis, By Revenue
FIG 97 South Korea  NFC Chips Market analysis, By Volume
FIG 98 China NFC Chips Market analysis, By Revenue
FIG 99 China NFC Chips Market analysis, By Volume
FIG 100 India NFC Chips Market analysis, By Revenue
FIG 101 India NFC Chips Market analysis, By Volume
FIG 102 Rest of Asia Pacific NFC Chips Market analysis, By Revenue
FIG 103 Rest of Asia pacific NFC Chips Market analysis, By Volume
FIG 104 Middle east and Africa (MEA)Market Value Share Analysis By Product Application, 2016 and 2024
FIG 105 Middle east and Africa (MEA) Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 106 Middle east and Africa (MEA) Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 107 Middle east and Africa (MEA) Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 108 Middle east and Africa (MEA)  Market Value Share Analysis By End Users 2016 and 2024
FIG 109 Middle east and Africa (MEA) Market Volume Share Analysis By End Users, 2016 and 2024
FIG 110 Middle east and Africa (MEA) Market Value Share Analysis By Country, 2016 and 2024
FIG 111 Middle east and Africa (MEA)   Market Volume Share Analysis By Country, 2016 and 2024
FIG 112 UAE NFC Chips Market analysis, By Revenue
FIG 113 UAE NFC Chips Market analysis, By Volume
FIG 114 South Africa NFC Chips Market analysis, By Revenue
FIG 115 South Africa NFC Chips Market analysis, By Volume
FIG 116 Rest of MEA NFC Chips Market analysis, By Revenue
FIG 117 Rest of MEA NFC Chips Market analysis, By Volume
FIG 118 Latin America Value Share Analysis By Product Application, 2016 and 2024
FIG 119 Latin America Market Volume Share Analysis By Product Application, 2016 and 2024
FIG 120 Latin America ) Market Value Share Analysis By Storage Capacity, 2016 and 2024
FIG 121 Latin America ) Market Volume Share Analysis By Storage Capacity, 2016 and 2024
FIG 122 Latin America Market Value Share Analysis By End Users 2016 and 2024
FIG 123 Latin America Market Volume Share Analysis By End Users, 2016 and 2024
FIG 124 Latin America ) Market Value Share Analysis By Country, 2016 and 2024
FIG 125 Latin America Market Volume Share Analysis By Country, 2016 and 2024
FIG 126 Brazil NFC Chips Market analysis, By Revenue
FIG 127 Brazil NFC Chips Market analysis, By Volume
FIG 128 Argentina NFC Chips Market analysis, By Revenue
FIG 129 Argentina NFC Chips Market analysis, By Volume
FIG 130 Rest of Latin America NFC Chips Market analysis, By Revenue
FIG 131 Rest of Latin America  NFC Chips Market analysis, By Volume
FIG 132 Global NFC Chips Market Share Analysis By Company (2015)

List of Tables

Table 1 Global NFC Chips Market Size (US$ Mn) Forecast, By Product Application, 2015–2024
Table 2 Global NFC Chips Market Volume (Units Mn) Forecast, By Product Application, 2015–2024
Table 3 Global Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 4 Global Market Volume (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 5 Global Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 6 Global Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024
Table 7 Global Market Value (USD Mn) Forecast, By Region, 2015 – 2024
Table 8 Global Market Volume (Units Mn) Forecast, By Region, 2015 – 2024
Table 9 North America Market Size (USD Mn) Forecast, By Product Application, 2015 – 2024
Table 10 North America Market Volume (Units Mn) Forecast, By Product Application, 2015 – 2024
Table 11 North America Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 12 North America Market Volume (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 13 North America Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 14 North America Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024
Table 15 Europe Market Size (USD Mn) Forecast, By Product Application, 2015 – 2024
Table 16 Europe Market Size (Units Mn) Forecast, By Product Application, 2015 – 2024
Table 17 Europe Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 18 Europe Market Size (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 19 Europe Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 20 Europe Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024
Table 21 Asia Pacific Market Size (USD Mn) Forecast, By Product Application, 2015 – 2024
Table 22 Asia Pacific Market Size (Units Mn) Forecast, By Product Application, 2015 – 2024
Table 23 Asia Pacific Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 24 Asia Pacific  Market Size (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 25 Asia Pacific  Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 26 Asia Pacific Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024
Table 27 Middle East and Africa (MEA) Market Size (USD Mn) Forecast, By Product Application, 2015 – 2024
Table 28 Middle East and Africa (MEA) Market Size (Units Mn) Forecast, By Product Application, 2015 – 2024
Table 29 Middle East and Africa (MEA)  Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 30 Middle East and Africa (MEA) Market Size (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 31 Middle East and Africa (MEA)  Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 32 Middle East and Africa (MEA) Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024
Table 33 Latin America Market Size (USD Mn) Forecast, By Product Application, 2015 – 2024
Table 34 Latin America Market Size (Units Mn) Forecast, By Product Application, 2015 – 2024
Table 35 Latin America Market Size (USD Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 36 Latin America Market Size (Units Mn) Forecast, By Storage Capacity, 2015 – 2024
Table 37 Latin America Market Size (USD Mn) Forecast, By End Users, 2015 – 2024
Table 38 Latin America Market Volume (Units Mn) Forecast, By End Users, 2015 – 2024

Global NFC Chips Market: Overview

Near Field communication (NFC) chips systems are communicating device that are ideal for electronic applications and are capable of identifying the radio frequency identifying technology. Dispensing technology have been widely accepted since 2004 and the further technological advancements have led to evolution of shorter range radio identification technologies between two devices. This advancements helps in facilitating safer data transfer. A key trend that has been observed in the recent past years is growing demand of NFC chips among consumer electronics manufacturer, which is a key driver during the forecast period of 2016-2024.

A surge in demand for smart phones across the globe is driving the demand for NFC chips in global market. This technology is being deployed in electronics to increase and boost contactless safe data transfer. Consumer electronics manufacturers’ are increasing their demand for NFC chips overtime, this factor acts as a major driving factor for future demand of NFC chips. Additionally, rapid technological advancements in radio frequency identification are fueling the growth of the global market.

The government initiatives as well as private investments in research & devolvement of NFC chip technology are supplementing the growth of the market. Thus, the conjoint effect of all these drivers is set to strengthen the growth of the global NFC chip market in the coming years. NFC chips are sometimes of very complex design is expected to hindering the growth for NFC chips during the forecast period. Simpler version of NFC chips designs as an alternative to traditional complex product design is required for wider application usability. Furthermore, cost effectiveness and simplicity to install in devices is boosting the growth of this product market.

Global NFC Chips Market: Segmentation

The global market has been segmented in the basis of application, storage, end users and geography. By application, the global NFC chip market has been broadly classified into smartphone, television, medical equipment, car and others. On the basis of storage NFC chip has been further sub-divided into 64 Bytes, 168 Bytes, 180 Bytes, 540 Bytes and others. Furthermore, end users of NFC chip has been fragmented into consumer electronics, automotive, retail, medical, and aviation among others. By geography, this market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Growing popularity in end-user industries such as medical, automotive, retail, and aviation among others coupled with healthy economic growth of emerging economies are offering potential growth opportunities to the global NFC chip market. NFC chips have been extensively used in healthcare sector such as NFC based diabetes monitoring system, NFC for heart monitoring devices, medical implants, and medical data storage devices among others are expected to gain popularity across several end user application is set to boost the market growth in the coming years.

Global NFC Chips Market: Competitive Analysis

The key players in the global NFC chip market have been competitively profiled across the five broad geographic regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of NFC chip. Further, this report includes the market attractiveness analysis of the electronics applications for offering and insight into the major application area of the NFC chip.

An exhaustive analysis of the market dynamics of the global market that is inclusive of the market drivers, restraints and opportunities is covered under the purview of the study. Therefore, the global high resolution dispensing systems and equipment market report offers and extensive study of the market along with providing the forecast of the market in terms of revenue (USD Million) and volume (Units) from 2016–2024. Some of the major players operating in the NFC chip market are NXP Semiconductor (Netherlands), Texas instrument (U.S), Qualcomm Inc. (U.S.), among others.

The global NFC chips market has been segmented into:

By Application

  • Smart phone
  • Television
  • Medical equipment
  • Car
  • Others

By Storage Capacity

  • 64 Bytes
  • 168 Bytes
  • 180 Bytes
  • 540 Bytes
  • Others

By End Users

  • Consumer Electronics
  • Automotive
  • Retail
  • Medical
  • Aviation
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America


 
 
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