EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

ICT | Telecom and Internet

EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

Market By Product Type, Application, Verticals And Geography | Forecast 2019-2027

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As per Triton Market Research’s estimation, the Europe near field communication chips market is expected to show an upward trend, while growing with a CAGR of 23.49% during the forecasting years between 2019 and 2027.

The countries that have been studied in the Europe near field communication chips market are:

•           The United Kingdom

•           Germany

•           France

•           Italy

•           Spain

•           Russia

•           Rest of Europe

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The European market for near field communication chips is primarily driven by the innovative techniques adopted by finance institutions like banks, along with initiatives undertaken by private organizations, taking into consideration the growth and adoption of NFC chips. The government initiatives promoting digital transactions & growing contactless payments would rise the adoption of near field communication technology, which is paving the growth of the NFC chips market. Primary applications of the European near field communication chips market include financial institutions, consumer electronics and public utilities.

United Kingdom near field communication chip market is mainly driven by the large-scale permeation of contactless payment devices in the UK and the government’s efforts to encourage cashless modes of payment in the country. The market in Europe is also driven by the high adoption of NFC-enabled smartphones, smart NFC-based wearables and escalating contactless cards adoption. Uptil March 2017, according to the UK Card Association, in the United Kingdom 484,671 bank-owned Point-of-Sales (POS) terminals where customers could make contactless transactions, a total of $5.1 billion were spent in the UK using contactless cards in the country during that month. The government initiatives to promote cashless transactions in the United Kingdom would also boost the contactless payment transactions market in the country. According to the Payments UK organization, in 2015, on an average, 2 contactless transactions were made per adult per month, and the number is expected to increase to 14 contactless transactions per adult per month by 2025. This shows that contactless payments would increase 7 times in 10 years, and the shift can be attributed to advantages such as fast & easy payments and enhanced operational efficiency offered by contactless payments, further augmenting the growth of the NFC chips market in the country.

 

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Table of Content

1.    EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.3. EVOLUTION & TRANSITION OF NEAR FIELD COMMUNICATION (NFC) CHIPS

2.4. PORTER’S FIVE FORCE ANALYSIS

2.5. MARKET ATTRACTIVENESS MATRIX

2.6. INDUSTRY COMPONENTS

2.7. REGULATORY FRAMEWORK

2.8. VENDOR SCORECARD

2.9. KEY IMPACT ANALYSIS

2.10. MARKET OPPORTUNITY INSIGHTS

2.11. INDUSTRY PLAYER POSITIONING

2.12. KEY MARKET STRATEGIES

2.13. MARKET DRIVERS

2.13.1.                INCREASING NUMBER OF NFC-BASED DIGITAL TRANSACTIONS

2.13.2.                HIGH PENETRATION OF NFC-ENABLED SMARTPHONES

2.13.3.                SIGNIFICANT ADOPTION OF NFC TECHNOLOGY IN CONSUMER ELECTRONICS

2.13.4.                GOVERNMENTS ACROSS THE GLOBE ENCOURAGING CASHLESS TRANSACTIONS

2.14. MARKET RESTRAINTS

2.14.1.                HIGHER COSTS OF NFC CHIPS

2.14.2.                SECURITY CONCERNS RELATED TO DATA

2.14.3.                DIFFICULTIES IN PRODUCT DESIGNING

2.15. MARKET OPPORTUNITIES

2.15.1.                GROWING NUMBER OF STARTUPS IN THE FIELD OF NFC

2.15.2.                INTEGRATION OF NFC WITH MEDICAL EQUIPMENT

2.15.3.                HIGH RESEARCH & DEVELOPMENT EXPENDITURE IN THE FIELD OF NFC

2.16. MARKET CHALLENGES

2.16.1.                LACK OF AWARENESS

2.16.2.                EASY AVAILABILITY OF SUBSTITUTES

2.16.3.                INTEROPERABILITY ISSUES

3.    EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY PRODUCT TYPE

3.1. AUXILIARY

3.2. NON-AUXILIARY

4.    EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY APPLICATION

4.1. TELEVISION

4.2. MEDICAL EQUIPMENT

4.3. SMARTPHONE

4.4. OTHER APPLICATIONS

5.    EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY VERTICALS

5.1. CONSUMER ELECTRONICS

5.2. AUTOMOTIVE

5.3. RETAIL

5.4. BANKING & FINANCE

5.5. MEDICAL

5.6. OTHER VERTICALS

6.    EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK

6.1. UNITED KINGDOM

6.2. GERMANY

6.3. FRANCE

6.4. ITALY

6.5. SPAIN

6.6. RUSSIA

6.7. REST OF EUROPE

7.    COMPETITIVE LANDSCAPE

7.1. BROADCOM CORPORATION

7.2. EM MICROELECTRONIC-MARIN S.A.

7.3. INSIDE SECURE S.A.

7.4. MARVELL TECHNOLOGY GROUP LTD.

7.5. MEDIATEK, INC.

7.6. MSTAR SEMICONDUCTOR, INC.

7.7. MURATA MANUFACTURING CO., LTD.

7.8. NXP SEMICONDUCTORS N.V.

7.9. QUALCOMM, INC.

7.10. RENESAS ELECTRONICS CORPORATION

7.11. SAMSUNG SEMICONDUCTOR, INC.

7.12. SONY CORPORATION

7.13. STMICROELECTRONICS N.V.

7.14. TEXAS INSTRUMENTS, INC.

7.15. TOSHIBA CORPORATION

8.    METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: REGULATORY FRAMEWORK

TABLE 5: KEY STRATEGIC DEVELOPMENTS

TABLE 6: LIST OF NFC-ENABLED SMARTPHONE MODELS & SMARTPHONE MANUFACTURERS

TABLE 7: STARTUPS IN NFC TECHNOLOGY

TABLE 8: NFC-BASED TRANSACTION SERVICES BY COMPANIES

TABLE 9: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)

TABLE 10: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 11: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 12: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: KEY IMPACT ANALYSIS

FIGURE 4: TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS

FIGURE 5: MARKET OPPORTUNITY INSIGHTS, BY PRODUCT TYPE, 2018

FIGURE 6: MARKET OPPORTUNITY INSIGHTS, BY APPLICATION, 2018

FIGURE 7: INDUSTRY COMPONENTS OF NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET

FIGURE 8: KEY PLAYER POSITIONING IN 2018 (%)

FIGURE 9: NUMBER OF CASHLESS TRANSACTION IN KEY COUNTRIES, 2016

FIGURE 10: ESTIMATES OF NFC-ENABLED HANDSET 2014-2020

FIGURE 11: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2019-2027 (IN $ MILLION)

FIGURE 12: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2019-2027 (IN $ MILLION)

FIGURE 13: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2019-2027 (IN $ MILLION)

FIGURE 14: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2019-2027 (IN $ MILLION)

FIGURE 15: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2019-2027 (IN $ MILLION)

FIGURE 16: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)

FIGURE 17: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)

FIGURE 18: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)

FIGURE 19: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 20: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2019-2027 (IN $ MILLION)

FIGURE 21: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2019-2027 (IN $ MILLION)

FIGURE 22: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)

FIGURE 23: EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 24: UNITED KINGDOM NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: GERMANY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: FRANCE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: ITALY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: SPAIN NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: RUSSIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30: REST OF EUROPE NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

 

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