Global NFC Tag Chip Market Growth 2025-2031

The global NFC Tag Chip market size is predicted to grow from US$ 607 million in 2025 to US$ 789 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

NFC tag chip is a wireless communication chip based on RFID (radio frequency identification) technology, operating in the 13.56MHz frequency band, and realizing short-distance (usually a few centimeters) contactless data exchange through electromagnetic induction. Its core features include: Passive design: No independent power supply is required, and energy is obtained from the electromagnetic field of the reading device. Storage and communication: Built-in memory (capacity ranging from 48 bytes to 8KB) and modem support data reading and writing and two-way communication. Protocol compatibility: Complies with ISO/IEC 14443 (Type A/B), ISO 15693 and other standards to ensure cross-device interoperability.

Market drivers: resonance of technology, policy and demand

Technological progress

Integration improvement: NFC chips are integrated with MCU and security elements to reduce costs and power consumption.

Protocol standardization: NFC Forum promotes cross-device interoperability and expands the scale of the ecosystem.

Policy support

Digital transformation: Governments promote smart transportation and e-government, stimulating NFC demand.

Safety regulations: The requirements for data encryption in the financial and medical fields have increased, promoting the application of secure NFC chips.

Market demand growth

Popularization of mobile payments: Contactless payments have become mainstream, and the penetration rate of NFC technology has increased.

The outbreak of the Internet of Things: Billions of devices require low-power and short-distance communication, and NFC has become the preferred solution.

Security needs

Data encryption: NFC's short-distance communication and encryption functions (such as AES) are suitable for sensitive data transmission.

Anti-copying technology: Dynamic data, digital signatures and other technologies prevent information tampering and copying.

Ecosystem integration

Technology integration: NFC is combined with Bluetooth and UWB to expand scenarios such as digital keys for cars and indoor navigation.

Platform support: Giants such as Apple and Google promote the integration of NFC functions into operating systems to lower the development threshold.

NFC tag chips have become the core components that connect the physical world and the digital world due to their passive design, high security and protocol compatibility. International manufacturers dominate the technical standards and high-end markets, while domestic companies are gradually expanding their market share through technological innovation and cost advantages. In the future, with the deepening of scenarios such as the Internet of Things and smart cities, the application boundaries of NFC tag chips will continue to expand, promoting the prosperity and development of the industrial ecosystem.

LP Information, Inc. (LPI) ' newest research report, the “NFC Tag Chip Industry Forecast” looks at past sales and reviews total world NFC Tag Chip sales in 2024, providing a comprehensive analysis by region and market sector of projected NFC Tag Chip sales for 2025 through 2031. With NFC Tag Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NFC Tag Chip industry.

This Insight Report provides a comprehensive analysis of the global NFC Tag Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NFC Tag Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NFC Tag Chip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NFC Tag Chip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NFC Tag Chip.

This report presents a comprehensive overview, market shares, and growth opportunities of NFC Tag Chip market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Passive
Active

Segmentation by Application:
Card
Shelf Label
Consumer Electronics
Mobile Devices
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ST
NXP
TI
Infineon
Broadcom
EM Microelectronic
Nuvoton Technology
Fudan Microelectronics
Giantec Semiconductor
Kiloway
Feiju Microelectronics
Unigroup Guoxin Microelectronics
Sanechips Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global NFC Tag Chip market?

What factors are driving NFC Tag Chip market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NFC Tag Chip market opportunities vary by end market size?

How does NFC Tag Chip break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.