Technology

Near-field communication (NFC) Market Expansion Projected to Gain an Uptick During 2019-2025

The Near field communication chip market is mainly driven owing to escalating utility in the consumer electronics sector which includes smart phones, tablets, wireless charging devices, boom boxes, headphones and in the Internet of things devices. The Near field communication technology is significantly being adopted by many sectors which includes retail, automotive, healthcare & medical. In the automotive sector the multinational automobile manufacturers which includes Honda, Ford, Toyota and Hyundai are keenly deploying NFC chips into both the passenger vehicles mainly in the cars and commercial vehicles aiming to support the feature of keyless entry in which the vehicle doors automatically locks & unlocks when the user reaches the proximity distance of the vehicle

Global Near Field Communication Chip market to reach USD 134.6 billion by 2025.Global Near Field Communication Chip market valued approximately USD 12.15 billion in 2017 is anticipated to grow with a healthy growth rate of more than 41% over the forecast period 2018-2025. The Near field communication chip market is on the surging trend on the global scenario

This report focuses on the Near Field Communication Chipin global market, especially in North America, Europe, Asia-Pacific, and LAMEA. This report classifies the market based on manufacturers, regions, type, and application. Moreover, the competitive scenario in different areas is outlined in the report to assist leading market players, new entrants, and stakeholders to determine emerging economies.

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The report offers key insights which include:

  1. Product scope, market overview, market opportunities, market driving force, and market risks.
  2. Detailed qualitative and quantitative analysis of recent trends and future estimates that help evaluate the prevailing market opportunities.
  3. An extensive analysis of the market based on key product positioning and the top competitors within the market framework.
  4. Detailed information related to Near Field Communication Chip sector based on the regions, sales, revenue, and growth of the market during the forecast period.
  5. Recent developments, trends, and opportunities in the global Near Field Communication Chipmarket.
  6. Company profiles and 2018 —2025 market shares for key merchants active in the market.
  7. Key segments of the Near Field Communication Chip sector: product type, form, distribution channel, and region.

The detailed segments and sub-segment of the market are explained below:

By Product Type:

  • Auxiliary Products
  • Non-Auxiliary Products

By Devices:

  • PC & Laptop
  • Smartphone & Tablet
  • Others

By Application:

  • Mobile/ Contactless Payment
  • User Authentication & Access Control
  • Monitoring Healthcare system
  • Information Sharing
  • Others

By Regions:

  • North America

o U.S.

o Canada

  • Europe

o UK

o Germany

  • Asia Pacific

o China

o India

o Japan

  • Latin America

o Brazil

o Mexico

  • Rest of the World

Besides this, the report includes global key players as well as some small players of the Near Field Communication Chipmarket.

The key players for organic spices industry profiled in the report include:  Samsung Electronics Co.Ltd, NXP Semiconductors N.V., Sony Corporation, Broadcom Corporation, Texas Instruments Incorporated, INSIDE Secure, Toshiba Corporation, Infineon Technologies AG, Apple Inc, STMicroelectronics N.V.

The regional analysis of Global Near Field Communication ChipMarket is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the region going cashless which makes Near Field Communication Chipmore popular. Europe is estimated to grow at higher rate in the global Near Field Communication Chipmarket over the upcoming years owing to rising digitalization in new payment method in the region. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The research presents the performance of each player operating in the industry. In addition, the report offers an overview of recent developments of each player in the market.

In this report, analysts have clearly mentioned that the Near Field Communication Chipindustry has attained significant growth since 2025. Stakeholders, investors, product managers, marketing executives, and other professionals in search of realistic information on supply, demand, and future estimates would find the report valuable.

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To conclude, this report is a valuable source of information and direction for companies and individuals interested in the organic spices industry. Additionally, we can deliver a customized report to fulfill the special requirements of our clients, on demand.

TABLE OF CONTENTS

Chapter 1. Executive Summary

Chapter 2. Global Near Field Communication Chip Market Definition and Scope

Chapter 3. Global Near Field Communication Chip Market Dynamics

Chapter 4. Global Near Field Communication Chip Market Industry Analysis

Chapter 5. Global Near Field Communication Chip Market, By Product Type

Chapter 6. Global Near Field Communication Chip Market, By Devices

Chapter 7. Global Near Field Communication Chip Market, By Application

Chapter 8. Global Near Field Communication Chip Market, by Regional Analysis

Chapter 9. Competitive Intelligence

Chapter 10. Research Process

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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