Near Field Communication (NFC) Chip Market Industry Demand, Growth Analysis and Forecast By 2029.

Near Field Communication (NFC) Chip Market was valued at USD 8,390.20 million in 2021 and is expected to reach USD 18248.41 million by 2029, registering a CAGR of 10.20% during the forecast period of 2022-2029.

For an excellent business growth, companies must take up market research report service which is imperative in today’s market place. "Near Field Communication (NFC) Chip Market" research report has been produced with a nice blend of industry insight, smart and practical solutions and newest technology to endow with the better user experience. The report brings into focus several aspects related to industry and market. A few of these can be listed here as market definition, market segmentation, competitive analysis and research methodology. With "Near Field Communication (NFC) Chip Market" report, businesses can obtain details about market drivers and market restraints which help them to guess about reducing or growing the production of particular product.
"Near Field Communication (NFC) Chip Market" report offers better solution for refining the business strategies to thrive in this competitive market place. This report estimates CAGR (compound annual growth rate) values along with its fluctuations for the definite forecast period. This marketing report describes the categorization by companies, region, type and end-use industry. The report displays the analysis and estimation of important industry trends, market size, and market share. The estimations of CAGR values are also provided in "Near Field Communication (NFC) Chip Market" report which helps businesses in deciding upon the investment value over the time period.
Near field communication (NFC) chip market was valued at USD 8,390.20 million in 2021 and is expected to reach USD 18248.41 million by 2029, registering a CAGR of 10.20% during the forecast period of 2022-2029.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @
Market Definition:
A near field communication (NFC) chip is a silicon component or an integrated circuit that can be used differently depending on the targeted application. It enables wide range short-range and wireless communication between two devices.
Some of the major players operating in the near field communication (NFC) chip market are:
  • Intel Corporation (U.S.)
  • VeriFone, Inc. (U.S.)
  • Broadcom (U.S.)
  • Qualcomm Technologies, Inc. (U.S.)
  • STMicroelectronics (Switzerland)
  • NXP Semiconductors. (Netherlands)
  • Ingenico. (France)
  • SAMSUNG (South Korea)
  • Marvell (U.S.)
  • Murata Manufacturing Co., Ltd. (Japan)
  • MediaTek (Taiwan)
  • Giesecke+Devrient GmbH (Germany)
  • Renesas Electronics Corporation. (Japan)
  • Texas Instruments Incorporated. (U.S.)
  • ams-OSRAM AG (Austria)
  • Blue Bite LLC (U.S.)
  • HID Global Corporation (U.S.)
  • Advanced Card Systems Ltd. (Hong Kong)
  • Ensurge Micropower (Norway)
Near Field Communication (NFC) Chip Market Scope:
The global near field communication (NFC) chip market is segmented on the basis of product type, storage, usage, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type:
  • Auxiliary
  • Non-Auxiliary
  • 64 Bytes
  • 168 Bytes
  • 180 Bytes
  • 540 Bytes
  • Authentication
  • Access Control
  • Payment
  • Others
End Use:
  • Consumer Electronics
  • Automotive
  • Retail
  • Medical
  • Aviation
  • Others
Near Field Communication (NFC) Chip Market Regional Analysis/Insights
The near field communication (NFC) chip market is analyzed and market size insights and trends are provided by product type, storage, usage, application and end use as referenced above.
The countries covered in the near field communication (NFC) chip market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the near field communication (NFC) chip market during the forecast period of 2022 to 2029 because of the development of data center along with the introduction of 5G network within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of high-speed connectivity devices within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   
Browse DBMR Trending Report:
About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies ly and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
Contact Us: -
Data Bridge Market Research
US: +1 888 387 2818
United Kingdom: +44 208 089 1725
Hong Kong: +852 8192 7475

Aniket Gurav

77 Blog posts