Global Near Field Communication (NFC) Chips Market 2019-2023

Global Near Field Communication (NFC) Chips Market 2019-2023

About this market

The increased penetration of smartphones is one of the key factors expected to foster the near field communication (NFC) chips market growth in the forthcoming years. NFC-enabled smartphones are often being used for peer-to-peer communication and card emulator applications. Furthermore, the increasing application of NFC chips is encouraging OEMs for integrating NFC chips in their products. This will further drive the near field communication (NFC) chips market growth in the forthcoming years. Technavio’s analysts have predicted that the near field communication (NFC) chips market will register a CAGR of over 7% by 2023.

Market Overview

Increasing adoption of contactless payments

One of the growth drivers of the global near field communication (NFC) chips market is the increasing adoption of contactless payments. The rising prevalence of contactless payment and the increasing use of contactless cards and mobile payments are expected to drive the demand for NFC card readers across POS terminals.

Low awareness of NFC technology

One of the challenges in the growth of the global near field communication (NFC) chips market is the low awareness of NFC technology. With the reducing adoption of NFC chips in key market segments, the barrier to the growth of the market will increase. This will affect the unit shipment of NFC chips.

For the detailed list of factors that will drive and challenge the growth of the near field communication (NFC) chips market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of a few market players. Many smartphones OEMs are venturing into MST technology. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global semiconductor market
      • Table Segments of global semiconductor market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Smartphones - Market size and forecast 2018-2023
      • Table Smartphones - Market size and forecast 2018-2023 ($ millions)
      • Table Smartphones - Year-over-year growth 2019-2023 (%)
    • Smart wearables - Market size and forecast 2018-2023
      • Table Smart wearables - Market size and forecast 2018-2023 ($ millions)
      • Table Smart wearables - Year-over-year growth 2019-2023 (%)
    • POS terminals - Market size and forecast 2018-2023
      • Table POS terminals - Market size and forecast 2018-2023 ($ millions)
      • Table POS terminals - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table NFC-enabled smartphones and respective smartphone OEMs
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing demand for smart parking
    • Mobile phone OEMs coming up with MST technology
    • Strategic alliances and partnerships
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Broadcom
      • Table Broadcom - Vendor overview
      • Table Broadcom - Business segments
      • Table Broadcom - Organizational developments
      • Table Broadcom - Geographic focus
      • Table Broadcom - Segment focus
      • Table Broadcom - Key offerings
    • NXP Semiconductors
      • Table NXP Semiconductors - Vendor overview
      • Table NXP Semiconductors - Business segments
      • Table NXP Semiconductors - Organizational developments
      • Table NXP Semiconductors - Geographic focus
      • Table NXP Semiconductors - Segment focus
      • Table NXP Semiconductors - Key offerings
    • Qualcomm Technologies, Inc.
      • Table Qualcomm Technologies, Inc. - Vendor overview
      • Table Qualcomm Technologies, Inc. - Business segments
      • Table Qualcomm Technologies, Inc. - Organizational developments
      • Table Qualcomm Technologies, Inc. - Geographic focus
      • Table Qualcomm Technologies, Inc. - Segment focus
      • Table Qualcomm Technologies, Inc. - Key offerings
    • STMicroelectronics
      • Table STMicroelectronics - Vendor overview
      • Table STMicroelectronics - Business segments
      • Table STMicroelectronics - Organizational developments
      • Table STMicroelectronics - Geographic focus
      • Table STMicroelectronics - Segment focus
      • Table STMicroelectronics - Key offerings
    • Texas Instruments Incorporated
      • Table Texas Instruments Incorporated - Vendor overview
      • Table Texas Instruments Incorporated - Business segments
      • Table Texas Instruments Incorporated - Organizational developments
      • Table Texas Instruments Incorporated - Geographic focus
      • Table Texas Instruments Incorporated - Segment focus
      • Table Texas Instruments Incorporated - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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