Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Near Field Communication (NFC) Chip Market by Type (48 Bytes, 144 Bytes, 504 Bytes, 888 Bytes, Other), By Application (Cellphone, Chip Card, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Near Field Communication (NFC) Chip Market by Type (48 Bytes, 144 Bytes, 504 Bytes, 888 Bytes, Other), By Application (Cellphone, Chip Card, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138284 3300 Electronics & Semiconductor 377 232 Pages 4.9 (37)

Market Overview:

The global NFC chip market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for NFC-enabled devices and applications, rising adoption of contactless payments, and growing number of partnerships between banks and technology companies. The global NFC chip market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 48 bytes, 144 bytes, 504 bytes, 888 bytes, and other segments. The 48-byte segment is expected to hold a major share in the global NFC chip market during the forecast period owing to its low cost as compared to other types of NFC chips. On the basis of application, contactless payments are expected to account for a major share in terms of revenue in 2018 followed by transportation ticketing applications.

Global Near Field Communication (NFC) Chip Industry Outlook

Product Definition:

Near Field Communication (NFC) Chip is a chip that enables two devices to communicate with each other when they are in close proximity, typically less than 4 inches apart. NFC is used for tasks such as making payments, exchanging contact information, or loading data onto a device. The importance of NFC lies in its ability to provide a simplified and secure way for devices to interact with one another.

48 Bytes:

48 Bytes is a technology that allows the usage of more data in less space by using a series of 1s and 0s as placeholders for information. The technology was developed to meet the requirements for higher capacity mobile phones, but has since found its way into other devices such as computers, printers, digital cameras and key-rings.

144 Bytes:

NFC is a short-range wireless technology for communication between mobile devices and payment terminals. The technology uses radiofrequency (RF) waves to transfer data between the devices. The RFID tags contain embedded chips that allow the consumer to make payments by tapping their phone on the tag reader.

The increasing demand for contactless payments across various industry verticals has led to an increase in investments in NFC technologies, which is expected to drive market growth over the forecast period.

Application Insights:

The cellphone application segment dominated the global near field communication chip market in 2017. NFC technology enables wireless communication between different devices, such as a smartphone and a reader. The contactless payment technology uses the reader to make payments on phones running Android OS or iOS operating systems by touching it against the phone.

The other application segment includes transportation, retail and hospitality applications. Retailers use NFC for offering customers discounts and offers when they spend more than 5 minutes in stores or restaurants using their smartphones with readers that are integrated into checkout lines or check-in desks, respectively.

Regional Analysis:

North America dominated the global near field communication chip market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to the increasing adoption of contactless smart card technology and growing smartphone penetration in the region. Moreover, various government initiatives are being taken by U.S.-based companies such as Apple Pay, Google Pay, and Samsung Pay that are using their proprietary technologies for secure transactions at merchant locations without any additional charges or fees levied by banks on customers’ accounts for making online payments or mobile top-ups using debit/credit cards etc.

Asia Pacific is anticipated to emerge as the fastest-growing regional market with a CAGR exceeding 18% during the forecast period owing to rapid technological advancements coupled with increased usage of smartphones in this region particularly China and India which has resulted into an increase in demand for payment solutions such as NFC chips over traditional methods like cash & cheque etc.

Growth Factors:

  • Increasing demand for NFC-enabled smartphones and other mobile devices
  • Rapid growth of contactless payments and transit systems
  • Proliferation of IoT applications that require secure data exchange between devices
  • Growing interest in NFC among retail businesses and consumers
  • Advances in NFC technology that make it more affordable and accessible to a wider audience

Scope Of The Report

Report Attributes

Report Details

Report Title

Near Field Communication (NFC) Chip Market Research Report

By Type

48 Bytes, 144 Bytes, 504 Bytes, 888 Bytes, Other

By Application

Cellphone, Chip Card, Other

By Companies

NXP Semiconductors, Sony, Toshiba Semiconductor, Intel, Apple, DNP, Qualcomm, Broadcom, Samsung, Nokia, ST

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Near Field Communication (NFC) Chip Market Report Segments:

The global Near Field Communication (NFC) Chip market is segmented on the basis of:


48 Bytes, 144 Bytes, 504 Bytes, 888 Bytes, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Cellphone, Chip Card, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

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

  1. NXP Semiconductors
  2. Sony
  3. Toshiba Semiconductor
  4. Intel
  5. Apple
  6. DNP
  7. Qualcomm
  8. Broadcom
  9. Samsung
  10. Nokia
  11. ST

Global Near Field Communication (NFC) Chip Market Overview

Highlights of The Near Field Communication (NFC) Chip Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 48 Bytes
    2. 144 Bytes
    3. 504 Bytes
    4. 888 Bytes
    5. Other
  1. By Application:

    1. Cellphone
    2. Chip Card
    3. Other
  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 (NFC) Chip 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 2030.

Regional Analysis

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

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global Near Field Communication (NFC) Chip Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Near Field Communication (NFC) Chip is a chip that can be used in smartphones and other electronic devices to make payments, share information, or unlock doors.

Some of the key players operating in the near field communication (nfc) chip market are NXP Semiconductors, Sony, Toshiba Semiconductor, Intel, Apple, DNP, Qualcomm, Broadcom, Samsung, Nokia, ST.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Near Field Communication (NFC) Chip Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Near Field Communication (NFC) Chip Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Near Field Communication (NFC) Chip Market - Supply Chain
   4.5. Global Near Field Communication (NFC) Chip Market Forecast
      4.5.1. Near Field Communication (NFC) Chip Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Near Field Communication (NFC) Chip Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Near Field Communication (NFC) Chip Market Absolute $ Opportunity

5. Global Near Field Communication (NFC) Chip Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      5.3.1. 48 Bytes
      5.3.2. 144 Bytes
      5.3.3. 504 Bytes
      5.3.4. 888 Bytes
      5.3.5. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Near Field Communication (NFC) Chip Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      6.3.1. Cellphone
      6.3.2. Chip Card
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Near Field Communication (NFC) Chip Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Near Field Communication (NFC) Chip Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Near Field Communication (NFC) Chip Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Near Field Communication (NFC) Chip Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Near Field Communication (NFC) Chip Demand Share Forecast, 2019-2029

9. North America Near Field Communication (NFC) Chip Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      9.4.1. Cellphone
      9.4.2. Chip Card
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      9.7.1. 48 Bytes
      9.7.2. 144 Bytes
      9.7.3. 504 Bytes
      9.7.4. 888 Bytes
      9.7.5. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Near Field Communication (NFC) Chip Demand Share Forecast, 2019-2029

10. Latin America Near Field Communication (NFC) Chip Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      10.4.1. Cellphone
      10.4.2. Chip Card
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      10.7.1. 48 Bytes
      10.7.2. 144 Bytes
      10.7.3. 504 Bytes
      10.7.4. 888 Bytes
      10.7.5. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Near Field Communication (NFC) Chip Demand Share Forecast, 2019-2029

11. Europe Near Field Communication (NFC) Chip Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Near Field Communication (NFC) Chip Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      11.4.1. Cellphone
      11.4.2. Chip Card
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      11.7.1. 48 Bytes
      11.7.2. 144 Bytes
      11.7.3. 504 Bytes
      11.7.4. 888 Bytes
      11.7.5. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Near Field Communication (NFC) Chip Demand Share, 2019-2029

12. Asia Pacific Near Field Communication (NFC) Chip Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Near Field Communication (NFC) Chip Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      12.4.1. Cellphone
      12.4.2. Chip Card
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      12.7.1. 48 Bytes
      12.7.2. 144 Bytes
      12.7.3. 504 Bytes
      12.7.4. 888 Bytes
      12.7.5. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Near Field Communication (NFC) Chip Demand Share, 2019-2029

13. Middle East & Africa Near Field Communication (NFC) Chip Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Near Field Communication (NFC) Chip Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Near Field Communication (NFC) Chip Market Size and Volume Forecast by Application
      13.4.1. Cellphone
      13.4.2. Chip Card
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Near Field Communication (NFC) Chip Market Size and Volume Forecast by Type
      13.7.1. 48 Bytes
      13.7.2. 144 Bytes
      13.7.3. 504 Bytes
      13.7.4. 888 Bytes
      13.7.5. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Near Field Communication (NFC) Chip Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Near Field Communication (NFC) Chip Market: Market Share Analysis
   14.2. Near Field Communication (NFC) Chip Distributors and Customers
   14.3. Near Field Communication (NFC) Chip Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. NXP Semiconductors Overview Financials Developments Strategic Outlook
      14.4.2. Sony Overview Financials Developments Strategic Outlook
      14.4.3. Toshiba Semiconductor Overview Financials Developments Strategic Outlook
      14.4.4. Intel Overview Financials Developments Strategic Outlook
      14.4.5. Apple Overview Financials Developments Strategic Outlook
      14.4.6. DNP Overview Financials Developments Strategic Outlook
      14.4.7. Qualcomm Overview Financials Developments Strategic Outlook
      14.4.8. Broadcom Overview Financials Developments Strategic Outlook
      14.4.9. Samsung Overview Financials Developments Strategic Outlook
      14.4.10. Nokia Overview Financials Developments Strategic Outlook
      14.4.11. ST Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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