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.
 Chip Industry Outlook.svg)
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
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:
Types
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.
Applications
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:
- NXP Semiconductors
- Sony
- Toshiba Semiconductor
- Intel
- Apple
- DNP
- Qualcomm
- Broadcom
- Samsung
- Nokia
- ST
 Chip Market Overview.svg)
Highlights of The Near Field Communication (NFC) Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 48 Bytes
- 144 Bytes
- 504 Bytes
- 888 Bytes
- Other
- By Application:
- Cellphone
- Chip Card
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Chip Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sony
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toshiba Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Intel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Apple
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DNP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Qualcomm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Broadcom
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Samsung
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nokia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ST
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
