LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

ICT | Telecom and Internet

LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

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

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The Latin America near field communication chips market is expected to expand with a CAGR of 22.10% in the forecasting period 2019-2027.

The countries considered in the report on Latin America’s near field communication chips market are:

•           Brazil

•           Mexico

•           Rest of Latin America

The Latin America near field communication chip market would be on the surging trend owing to the rising adoption of near field communication technology and the initiatives taken by private organizations operating in the region.

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In the year 2016, according to the company sources, Oberthur Technologies, which is a Brazil-based organization and a provider of embedded security software & services announced a partnership with Swatch, which is a multinational watchmaker brand, to provide contactless payments to customers throughout the country. This would permit the customers to pay securely with speed and convenience, as the organization has established contactless terminals enabled through near field communication technology. Oberthur Technologies would provide its FlyBuySE NFC chips installed in the watch and the security of product credit card data.

In the year 2015, NXP semiconductors organization, which is a multinational organization, and operates in the countries such as Mexico and Brazil, launched its PN7120 chipset, that supports a near field communication reader integrated circuit & embedded firmware, which is required to support the near filed communication forum standard interface between a near field communication controller and the device’s main application processor. In the year 2016, MasterCard launched a contactless card that allows payments to be made by just touching the postnet screen instead of having to pass it via the machine strip or the chip, further augmenting the growth of near field communication chip market in Argentina.

The preeminent companies engaged in the near field communication chip market are Toshiba Corporation, Samsung Semiconductor, Inc., EM Microelectronic-Marin S.A., NXP Semiconductors N.V., Murata Manufacturing Co., Ltd., Inside Secure S.A., MStar Semiconductor, Inc., Texas Instruments, Inc., Broadcom Corporation, Mediatek, Inc., Qualcomm, Inc., Sony Corporation, Marvell Technology Group Ltd., STMicroelectronics N.V. and Renesas Electronics Corporation.

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Table of Content

1.    LATIN AMERICA 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.    LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY PRODUCT TYPE

3.1. AUXILIARY

3.2. NON-AUXILIARY

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

4.1. TELEVISION

4.2. MEDICAL EQUIPMENT

4.3. SMARTPHONE

4.4. OTHER APPLICATIONS

5.    LATIN AMERICA 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.    LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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: LATIN AMERICA 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: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)

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

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

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

List of Figures

FIGURE 1: LATIN AMERICA 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: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2019-2027 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 26: REST OF LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)

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