Near Field Communication (NFC) Chips Market Size, Share, Opportunities, And Trends By Application (Authentication, Access Control, Payment, Others), By Industry (Retail, Healthcare, Consumer Electronics, Others), And By Geography - Forecasts From 2025 To 2030

Description

Near Field Communication (NFC) Chips Market Size:

The Global NFC Chips Market is set to surge from USD 3.934 billion in 2025 to USD 6.763 billion in 2030, achieving an 11.45% CAGR.

NFC or near-field communication is a chip is made up of small storage memory, radio chip, and an antenna and evolved from radio-frequency identification (RFID) technology. It enables laptops, smartphones, and other related digital devices to share and send data with other NFC-equipped devices easily.

This form of short-range wireless connectivity has made life convenient and easier for consumers across the globe by enabling the simpler exchange of digital content, transactions, and connection with different electronic devices. As such, the market for NFC chips is expected to proliferate during the forecast period. The current trends of smartphone usage, mobile internet, digital payment gateways, marketing, ticketing, identity & access, and gaming will aid the market to advance further.

Near Field Communication (NFC) Chips Market Segment Analysis:

By industry, the consumer electronics segment is expected to grow at a significant rate due to the emergence of innovative consumer electronics products that integrate NFC technology. Geographically, the Asia-Pacific region is presumed to harness the fastest growth owing to the emergence of a robust semiconductor market and dependence on consumer electronics.

Near Field Communication (NFC) Chips Market Growth Factors:

• Growing usage of smartphones

Smartphones are becoming a part and parcel of today's modern life. The availability of cost-effective mobile internet and the rolling out of 5G networks has augmented its usage. The latest smartphones launched into the market are enabled with NFC chips for wireless connectivity, cardless payments, gaming, etc. As the purchasing power of the people rises coupled with urbanization, the market for NFC chips has a high potential for expansion and proliferation.

• Convenience and contactless payments

Wireless forms of connectivity modes are surging in the market during the current times, especially after the hit of the Covid-19 pandemic. The rise and growth in the adoption of advanced and innovative contactless technology are growing at a significant rate as consumers and customers have been looking for convenient, and secure, ways to generate pay, unlock and start connecting with the world around them. Along with it, the national policies formulated to encourage digital payment are creating a conducive environment for the market to expand and explore. The simplicity and convenience associated with NFC tags have further assisted consumers to avail such technologies.

Near Field Communication (NFC) Chips Market Restraints:

Though the market for NFC Chips is mounting possibilities in the current period, factors like short operational range and security concerns may dampen the growth of the market during the market forecast period.

Near Field Communication (NFC) Chips Market Competitive Insights:

The market leaders for the Global NFC Chips Market are Qualcomm Technologies Inc., NXP Semiconductors, STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, and Toshiba. The imperative firms in the market have been introducing several strategies such as product launches, etc. to develop a competitive edge over their respective rivals. For instance,

Market Segmentation:

• By Product Type
  • NFC Tags
    • Single Interface
    • Dual Interface
  • NFC Readers
• By Application
  • Reader/Writer
  • Peer-To-Peer
  • Card Emulation
  • Wireless Charging
• By Use Case
  • Authentication & Access Control
  • Contactless Payments
  • Asset Tracking
  • Others
• By End-User
  • Transportation
  • Retail
  • BFSI
  • Healthcare
  • Consumer Electronics
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Taiwan
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. NFC Tags

5.2.1. Single Interface

5.2.2. Dual Interface

5.3. NFC Readers

6. NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET BY APPLICATION

6.1. Introduction

6.2. Reader/Writer

6.3. Peer-To-Peer

6.4. Card Emulation

6.5. Wireless Charging

7. NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET BY APPLICATION

7.1. Introduction

7.2. Authentication & Access Control

7.3. Contactless Paymets

7.4. Asset Tracking

7.5. Others

8. NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET BY END-USER

8.1. Introduction

8.2. Transportation

8.3. Retail

8.4. BFSI

8.5. Healthcare

8.6. Consumer Electronics

8.7. Others

9. NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. Germany

9.4.2. France

9.4.3. United Kingdom

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Israel

9.5.4. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. India

9.6.3. Japan

9.6.4. South Korea

9.6.5. Indonesia

9.6.6. Thailand

9.6.7. Taiwan

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Qualcomm Technologies Inc.

11.2. NXP Semiconductors

11.3. STMicroelectronics

11.4. Infineon Technologies

11.5. Renesas Electronics Corporation

11.6. Samsung Corporation

11.7. Avery Dension

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

Qualcomm Technologies Inc.

NXP Semiconductors

STMicroelectronics

Infineon Technologies

Renesas Electronics Corporation

Samsung Corporation

Avery Dension

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