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

The Europe near field communication (NFC) chips market is projected to record a CAGR of 11.29% during the forecast years, 2022-2030. The presence of major market players operating in the region, in addition to trials and experiments carried out by mobile operators and banks, are the key drivers for market growth.

MARKET INSIGHTS

The Europe near field communication (NFC) chips market growth analysis includes the evaluation of Netherlands, Italy, Germany, Russia, France, United Kingdom, and Rest of Europe. In Italy, the government is promoting cashless payments through Italia Cashless, the plan developed by the government that rewards those who do not use cash in purchases. Consumers in Italy receive an automatic 10% refund into their bank account for cashless in-store payments made using a credit, debit, or prepaid card or payment app. These advantages favor the use of NFC chip-enabled payment methods in Italy.

Furthermore, in Russia, mobile contactless payments account for 34% of all card transactions and 31% of total card transaction value, compared with 25% of transactions and 23% of transaction value in 2019-2020. Such growth in contactless payments will offer a lucrative growth opportunity for NFC chips in the country.

In addition, the France market is mainly driven owing to innovation by telecom service providers in the form of the launch of cashless applications and escalating contactless cash limits in the country. Also, according to reports, around 40% of consumers would have their new cards consisting of the pound spending limit, further augmenting the demand for NFC chips in France.

COMPETITIVE INSIGHTS

Some leading players in the market include: Marvell Technology Inc, NXP Semiconductors NV, Sony Corporation, Murata Manufacturing Co Ltd, 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: 16599

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. EUROPE
- 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. UNITED KINGDOM
  - 8.1.5.2. GERMANY
  - 8.1.5.3. FRANCE
  - 8.1.5.4. ITALY
  - 8.1.5.5. RUSSIA
  - 8.1.5.6. NETHERLANDS
  - 8.1.5.7. REST OF EUROPE

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: 16599

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: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 8: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 10: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 12: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 13: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 14: LEADING PLAYERS OPERATING IN EUROPE 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: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021
FIGURE 10: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2022-2030 (IN $ MILLION)
FIGURE 11: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2022-2030 (IN $ MILLION)
FIGURE 12: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 13: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2022-2030 (IN $ MILLION)
FIGURE 14: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2022-2030 (IN $ MILLION)
FIGURE 15: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2022-2030 (IN $ MILLION)
FIGURE 16: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 17: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
FIGURE 18: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2022-2030 (IN $ MILLION)
FIGURE 19: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)
FIGURE 20: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2022-2030 (IN $ MILLION)
FIGURE 21: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING AND FINANCE, 2022-2030 (IN $ MILLION)
FIGURE 22: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2022-2030 (IN $ MILLION)
FIGURE 23: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)
FIGURE 24: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 25: UNITED KINGDOM NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 26: GERMANY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 27: FRANCE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 28: ITALY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 29: RUSSIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 30: NETHERLANDS NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 31: REST OF EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2022-2030 (IN $ MILLION)