Asia-pacific Near Field Communication (NFC) Chips Market Forecast 2022-2030

The Asia-Pacific near field communication (NFC) chips market is set to register a CAGR of 12.09% during the forecast period, 2022-2030. The market growth is mainly attributed to the advertising techniques of manufacturers, network operators, and governments to highlight the benefits of NFC technology.

MARKET INSIGHTS

South Korea, Vietnam, Indonesia, Japan, Australia & New Zealand, China, Thailand, India, and Rest of Asia-Pacific are evaluated to assess the growth of the Asia-Pacific near field communication (NFC) chips market. The Thailand market benefits from the increasing uses and initiatives favoring digital and contactless payments across the country. In addition, public transport users make contactless payments for journeys on the bus, rail, and boat services across the capital with their EMV credit or debit card. The increased use of such payment methods is favorable for market growth.

Further, Vietnam has recorded the highest growth in mobile payments in the past few years. As a result, the need for NFC chips is continuously rising, directly influencing the market's growth. The government of Vietnam is also considering the use of contactless cards for various public transport services, which is expected to create prospects for NFC chips nationally.

Additionally, Australia has observed a significant increase in NFC mobile payments adoption. In 2020, 10.8% of Australians used Apple Pay, Samsung Pay, etc., up from 7.1% in 2019. Growing contactless payments in Australia also drives the country's near-field communication chip market. As per the Reserve Bank of Australia, the use of cards for lower-value payments has been assisted by the rapid adoption of contactless payments.

COMPETITIVE INSIGHTS

Some key market players include: Murata Manufacturing Co Ltd, Toshiba Corporation, Marvell Technology Inc, Sony Corporation, NXP Semiconductors NV, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation caters to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 16597

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. PARENT MARKET ANALYSIS: WIRELESS CONNECTIVITY MARKET
3.2. TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS
3.3. KEY DRIVERS
- 3.3.1. WIDE ADOPTION OF CONTACTLESS PAYMENTS ACROSS NUMEROUS INDUSTRIES
- 3.3.2. GROWING NUMBER OF NFC-ENABLED SMARTPHONES
- 3.3.3. RISING DEMAND FOR NFC CHIPS IN CONSUMER ELECTRONICS
- 3.3.4. GOVERNMENT INITIATIVES TO PROMOTE CASHLESS TRANSACTION
3.4. KEY RESTRAINTS
- 3.4.1. EASY AVAILABILITY OF SUBSTITUTES SUCH AS BLUETOOTH, ZIGBEE, AND WI-FI
- 3.4.2. RISING DATA SECURITY AND PRIVACY CONCERNS
- 3.4.3. COMPLEXITY RELATED TO PRODUCT DESIGNING
- 3.4.4. HIGH COST OF NFC CHIPS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. RAW MATERIALS SUPPLIERS
- 4.6.2. MANUFACTURERS
- 4.6.3. DISTRIBUTORS
- 4.6.4. END-USERS
4.7. KEY BUYING CRITERIA
- 4.7.1. APPLICATION
- 4.7.2. PRICE
- 4.7.3. COMMUNICATION SPEED
- 4.7.4. STORAGE
4.8. REGULATORY FRAMEWORK

5. MARKET BY PRODUCT

5.1. NON-AUXILIARY
5.2. AUXILIARY

6. MARKET BY APPLICATION

6.1. TELEVISION
6.2. SMARTPHONE
6.3. MEDICAL EQUIPMENT
6.4. OTHER APPLICATIONS

7. MARKET BY END-USER

7.1. CONSUMER ELECTRONICS
7.2. AUTOMOTIVE
7.3. RETAIL
7.4. BANKING AND FINANCE
7.5. MEDICAL
7.6. OTHER END-USERS

8. GEOGRAPHICAL ANALYSIS

8.1. ASIA-PACIFIC
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. KEY GROWTH ENABLERS
- 8.1.3. KEY CHALLENGE
- 8.1.4. KEY PLAYERS
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. CHINA
  - 8.1.5.2. JAPAN
  - 8.1.5.3. INDIA
  - 8.1.5.4. SOUTH KOREA
  - 8.1.5.5. INDONESIA
  - 8.1.5.6. THAILAND
  - 8.1.5.7. VIETNAM
  - 8.1.5.8. AUSTRALIA & NEW ZEALAND
  - 8.1.5.9. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. BROADCOM INC
- 9.2.2. EM MICROELECTRONIC-MARIN SA
- 9.2.3. MARVELL TECHNOLOGY INC
- 9.2.4. MEDIATEK INC
- 9.2.5. MSTAR SEMICONDUCTOR
- 9.2.6. MURATA MANUFACTURING CO LTD
- 9.2.7. NXP SEMICONDUCTORS NV
- 9.2.8. QUALCOMM INCORPORATED
- 9.2.9. RENESAS ELECTRONICS CORPORATION
- 9.2.10. SAMSUNG ELECTRONICS CO LTD
- 9.2.11. SONY CORPORATION
- 9.2.12. STMICROELECTRONICS NV
- 9.2.13. TEXAS INSTRUMENTS INCORPORATED
- 9.2.14. TOSHIBA CORPORATION
- 9.2.15. VERIMATRIX (FORMERLY INSIDE SECURE)

Product Code: 16597

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - NEAR FIELD COMMUNICATION (NFC) CHIPS
TABLE 2: NFC BASED TRANSACTION SERVICES BY COMPANIES
TABLE 3: LIST OF NFC-ENABLED SMARTPHONE MODELS & SMARTPHONE MANUFACTURERS
TABLE 4: START-UPS IN NFC TECHNOLOGY
TABLE 5: REGULATORY FRAMEWORK
TABLE 6: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 14: LEADING PLAYERS OPERATING IN ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET
TABLE 15: LIST OF MERGERS & ACQUISITIONS
TABLE 16: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 17: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 18: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS
FIGURE 2: PROJECTED NFC-ENABLED SMARTPHONES, 2014-2020 (%)
FIGURE 3: KEY MARKET TRENDS
FIGURE 4: PORTER'S FIVE FORCES ANALYSIS
FIGURE 5: OPPORTUNITY MATRIX
FIGURE 6: VENDOR LANDSCAPE
FIGURE 7: VALUE CHAIN ANALYSIS
FIGURE 8: KEY BUYING CRITERIA
FIGURE 9: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021
FIGURE 10: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2022-2030 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2022-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 13: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2022-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2022-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2022-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
FIGURE 18: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2022-2030 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2022-2030 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING AND FINANCE, 2022-2030 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2022-2030 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 25: CHINA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 26: JAPAN NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 27: INDIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 28: SOUTH KOREA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 29: INDONESIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 30: THAILAND NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 31: VIETNAM NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 32: AUSTRALIA & NEW ZEALAND NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 33: REST OF ASIA-PACIFIC NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)