Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global NFC Reader ICs Market by Type (Full NFC, ISO/IEC 15693, ISO/IEC 14443 Type A, ISO/IEC 14443 Type A+B), By Application (BFSI, Media & Entertainment, Hospitality, Healthcare, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global NFC Reader ICs Market by Type (Full NFC, ISO/IEC 15693, ISO/IEC 14443 Type A, ISO/IEC 14443 Type A+B), By Application (BFSI, Media & Entertainment, Hospitality, Healthcare, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 136635 3300 Electronics & Semiconductor 377 231 Pages 4.9 (41)

Market Overview:

The global NFC reader ICs 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 the growing adoption of NFC technology in various applications. The global NFC reader ICs market is segmented on the basis of type, application, and region. On the basis of type, it is divided into full NFC, ISO/IEC 15693, ISO/IEC 14443 Type A, and ISO/IEC 14443 Type A+B. Full NFC refers to readers that are compliant with all three standards (ISO/IEC 18092, ISO/IEC 21481, and ISO/IEC 21482). The majority of readers fall under this category as they support both contactless payments as well as card emulation mode. However, there are a few readers that only support one or two modes among these three standards. On the basis of application, it is segmented into BFSI (banking & financial services & insurance), media & entertainment sector including ticketing & access control), hospitality sector (hotels & restaurants), healthcare sector (hospitals), retail sector (clothing stores& supermarkets) and others including transportation& logistics). Among these applications segments BFSi holds a dominant position followed by retail sector while other sectors are still at nascent stage with limited deployments across regions.

Global NFC Reader ICs Industry Outlook

Product Definition:

NFC reader ICs are integrated circuits that enable devices to read NFC tags. They can be used in a variety of applications, including contactless payments, ticketing, and access control.

Full NFC:

NFC (Near Field Communication) is a wireless technology for contactless data communication between mobile devices and payment terminals. It provides high speed, convenience, and security to consumers during the transaction process. The technology is widely used in public transportation systems such as buses or trains where tickets are bought and stored in smart cards.

ISO/IEC 15693:

ISO/IEC 15693 is an international standard developed by the International Organization for Standardization (ISO) and the Institute of Electrical and Electronics Engineers (IEEE) for a common security format for smart card applications. The development of this standard was motivated by the need to ensure that smart cards have a consistent security structure independent of their manufacturer, terminal, or operating system.

Application Insights:

The banking, financial services, and insurance (BFSI) sector dominated the market with a revenue share of over 30.0% in 2017. The BFSI application segment is expected to continue its dominance over the forecast period owing to increasing adoption of NFC technology by banks and other financial institutions for payment processing as well as contactless transactions.

The media & entertainment segment accounted for a significant share in 2017 due to growing demand from end-users for content such as movies, music albums, books through e-commerce platforms and mobile applications that facilitate secure payments facilitated by NFC technology. Furthermore, this sector is anticipated to witness lucrative growth over the forecast period owing to increasing adoption of digital streaming services that use encryption techniques such as Transport Layer Security (TLS) and Secure Sockets Layer (SSL).

Regional Analysis:

The market in North America is expected to grow at a significant rate over the forecast period owing to the presence of major companies such as nfc tag, inc.; Infineon technologies; and Gemalto NV. The increasing number of contactless transactions is also one of the key factors driving growth in this region. For instance, according to NFC World Forum, by December 2016, there were more than 1 billion NXP-Fiatlahçe Payleven (NFC-enabled tap & pay) transactions globally.

Asia Pacific was estimated as the largest regional market with more than 20% share in 2017 owing to rapid adoption across various applications such as retail; transportation; and healthcare sectors. Increasing penetration rates for smartphones coupled with growing BFSI industry are further propelling growth across this region.

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 NFC reader ICs
  • Growing demand for secure authentication and identification solutions
  • Advances in semiconductor technology that improve the performance and reduce the cost of NFC reader ICs

Scope Of The Report

Report Attributes

Report Details

Report Title

NFC Reader ICs Market Research Report

By Type

Full NFC, ISO/IEC 15693, ISO/IEC 14443 Type A, ISO/IEC 14443 Type A+B

By Application

BFSI, Media & Entertainment, Hospitality, Healthcare, Others

By Companies

NXP Semiconductors, STMicroelectronics, Texas Instruments, Broadcom, Qualcomm, AMS AG, Marvell Technology Group, Sony Corp, Mstar Semiconductor, MediaTek

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 NFC Reader ICs Market Report Segments:

The global NFC Reader ICs market is segmented on the basis of:


Full NFC, ISO/IEC 15693, ISO/IEC 14443 Type A, ISO/IEC 14443 Type A+B

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.


BFSI, Media & Entertainment, Hospitality, Healthcare, Others

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. STMicroelectronics
  3. Texas Instruments
  4. Broadcom
  5. Qualcomm
  6. AMS AG
  7. Marvell Technology Group
  8. Sony Corp
  9. Mstar Semiconductor
  10. MediaTek

Global NFC Reader ICs Market Overview

Highlights of The NFC Reader ICs 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. Full NFC
    2. ISO/IEC 15693
    3. ISO/IEC 14443 Type A
    4. ISO/IEC 14443 Type A+B
  1. By Application:

    1. BFSI
    2. Media & Entertainment
    3. Hospitality
    4. Healthcare
    5. 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 NFC Reader ICs 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
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  • Consumer Insights
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  • Identifying Appropriate Advertising Appeals

Global NFC Reader ICs 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?

NFC Reader ICs are chips that can be used to read NFC tags. These chips allow devices to communicate with each other by reading and writing data using the Near Field Communication (NFC) protocol.

Some of the major players in the nfc reader ics market are NXP Semiconductors, STMicroelectronics, Texas Instruments, Broadcom, Qualcomm, AMS AG, Marvell Technology Group, Sony Corp, Mstar Semiconductor, MediaTek.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. NFC Reader ICs 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. NFC Reader ICs Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. NFC Reader ICs Market - Supply Chain
   4.5. Global NFC Reader ICs Market Forecast
      4.5.1. NFC Reader ICs Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. NFC Reader ICs Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. NFC Reader ICs Market Absolute $ Opportunity

5. Global NFC Reader ICs 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. NFC Reader ICs Market Size and Volume Forecast by Type
      5.3.1. Full NFC
      5.3.2. ISO/IEC 15693
      5.3.3. ISO/IEC 14443 Type A
      5.3.4. ISO/IEC 14443 Type A+B
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global NFC Reader ICs 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. NFC Reader ICs Market Size and Volume Forecast by Application
      6.3.1. BFSI
      6.3.2. Media & Entertainment
      6.3.3. Hospitality
      6.3.4. Healthcare
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global NFC Reader ICs 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. NFC Reader ICs 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 NFC Reader ICs 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. NFC Reader ICs 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 NFC Reader ICs Demand Share Forecast, 2019-2029

9. North America NFC Reader ICs 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 NFC Reader ICs 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 NFC Reader ICs Market Size and Volume Forecast by Application
      9.4.1. BFSI
      9.4.2. Media & Entertainment
      9.4.3. Hospitality
      9.4.4. Healthcare
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America NFC Reader ICs Market Size and Volume Forecast by Type
      9.7.1. Full NFC
      9.7.2. ISO/IEC 15693
      9.7.3. ISO/IEC 14443 Type A
      9.7.4. ISO/IEC 14443 Type A+B
   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 NFC Reader ICs Demand Share Forecast, 2019-2029

10. Latin America NFC Reader ICs 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 NFC Reader ICs 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 NFC Reader ICs Market Size and Volume Forecast by Application
      10.4.1. BFSI
      10.4.2. Media & Entertainment
      10.4.3. Hospitality
      10.4.4. Healthcare
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America NFC Reader ICs Market Size and Volume Forecast by Type
      10.7.1. Full NFC
      10.7.2. ISO/IEC 15693
      10.7.3. ISO/IEC 14443 Type A
      10.7.4. ISO/IEC 14443 Type A+B
   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 NFC Reader ICs Demand Share Forecast, 2019-2029

11. Europe NFC Reader ICs 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 NFC Reader ICs 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 NFC Reader ICs Market Size and Volume Forecast by Application
      11.4.1. BFSI
      11.4.2. Media & Entertainment
      11.4.3. Hospitality
      11.4.4. Healthcare
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe NFC Reader ICs Market Size and Volume Forecast by Type
      11.7.1. Full NFC
      11.7.2. ISO/IEC 15693
      11.7.3. ISO/IEC 14443 Type A
      11.7.4. ISO/IEC 14443 Type A+B
   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 NFC Reader ICs Demand Share, 2019-2029

12. Asia Pacific NFC Reader ICs 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 NFC Reader ICs 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 NFC Reader ICs Market Size and Volume Forecast by Application
      12.4.1. BFSI
      12.4.2. Media & Entertainment
      12.4.3. Hospitality
      12.4.4. Healthcare
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific NFC Reader ICs Market Size and Volume Forecast by Type
      12.7.1. Full NFC
      12.7.2. ISO/IEC 15693
      12.7.3. ISO/IEC 14443 Type A
      12.7.4. ISO/IEC 14443 Type A+B
   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 NFC Reader ICs Demand Share, 2019-2029

13. Middle East & Africa NFC Reader ICs 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 NFC Reader ICs 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 NFC Reader ICs Market Size and Volume Forecast by Application
      13.4.1. BFSI
      13.4.2. Media & Entertainment
      13.4.3. Hospitality
      13.4.4. Healthcare
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa NFC Reader ICs Market Size and Volume Forecast by Type
      13.7.1. Full NFC
      13.7.2. ISO/IEC 15693
      13.7.3. ISO/IEC 14443 Type A
      13.7.4. ISO/IEC 14443 Type A+B
   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 NFC Reader ICs Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global NFC Reader ICs Market: Market Share Analysis
   14.2. NFC Reader ICs Distributors and Customers
   14.3. NFC Reader ICs 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. STMicroelectronics Overview Financials Developments Strategic Outlook
      14.4.3. Texas Instruments Overview Financials Developments Strategic Outlook
      14.4.4. Broadcom Overview Financials Developments Strategic Outlook
      14.4.5. Qualcomm Overview Financials Developments Strategic Outlook
      14.4.6. AMS AG Overview Financials Developments Strategic Outlook
      14.4.7. Marvell Technology Group Overview Financials Developments Strategic Outlook
      14.4.8. Sony Corp Overview Financials Developments Strategic Outlook
      14.4.9. Mstar Semiconductor Overview Financials Developments Strategic Outlook
      14.4.10. MediaTek Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 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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