Near Field Communication Chip market Size study, by Product Type (Auxiliary Products, Non-Auxiliary Products), by Devices (Smartphone & Tablet, PC & Laptop, Others) & by Application (Information sharing, Mobile & Contactless Payment, Monitoring Healthcare System & Others) - Forecast 2020


Global Near Field Communication Chip Industry to reach USD 134.6 billion by 2025.

Global Near Field Communication Chip Industry valued approximately USD 12.15 billion in 2017 is anticipated to grow with a healthy growth rate of more than 41% over the forecast period 2019-2025. The Near field communication chip Industry is on the surging trend on the global scenario. The Near field communication is mainly an array of protocols which is based on a specific wireless interface which enables the communication devices and electronic gadgets to set up communication with each other under proximity. Also, the Near field communication chips specifically can be described as small electronic device which operates on a wireless link that utilizes the magnetic field induction for transmitting data & to establish wireless connection. The near field communication chip has the ability of identifying various near field communication chip in proximity of upto 4cms. One of the pivotal benefit of utilizing NFC is that the devices when in close proximity directly connects automatically in real time. The Near field communication chip Industry is mainly driven owing to escalating utility in the consumer electronics sector which includes smart phones, tablets, wireless charging devices, boom boxes, headphones and in the Internet of things devices. The Near field communication technology is significantly being adopted by many sectors which includes retail, automotive, healthcare & medical. In the automotive sector the multinational automobile manufacturers which includes Honda, Ford, Toyota and Hyundai are keenly deploying NFC chips into both the passenger vehicles mainly in the cars and commercial vehicles aiming to support the feature of keyless entry in which the vehicle doors automatically locks & unlocks when the user reaches the proximity distance of the vehicle. Also, the multinational organizations such as Google corporation and Apple Inc have also launched applications such as Apple pay and android pay which precisely operates on near field communication technology which is further augmenting the adoption and growth of Near field communication chip Industry on the global scenario. However, the concerns related to rising data privacy & data security, lack of interoperability, easy availability of substitutes such as Bluetooth and high cost of NFC chips are acting as restraining factors considering the growth of Near field communication Industry during the forecasted period.

The regional analysis of Global Near Field Communication Chip Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025. The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Near Field Communication Chip Industry Share and Size by 2019-2025
Semiconductor & Electronics
Near Field Communication Chip Market Segmentation:
By Product Type:
* Auxiliary Products
* Non-Auxiliary Products

By Devices:
* PC & Laptop
* Smartphone & Tablet
* Others

By Application:
* Mobile/ Contactless Payment
* User Authentication & Access Control
* Monitoring Healthcare system
* Information Sharing
* Others

By Region
* North America
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Near Field Communication Chip Market are as follows:
Apple Inc.
Broadcom Corporation
Infineon Technologies AG
NXP Semiconductors
Samsung Electronics C - Ltd
STMicroelectronics N.V.
Texas Instruments Incorporated
Toshiba Corporation
Sony Corporation

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