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

ICT | Telecom and Internet

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

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

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Triton’s study on the North America near field communication chips market concludes that the market is projected to grow with a CAGR of 24.15% in the estimated period of 2019-2027.

The countries that have been scrutinized in the North America near field communication chips market are:

•           The United States

•           Canada

The North America near field communication chips market thrives mainly because of its applications in mobile & telecom and the healthcare industry. The North America NFC chips market will be on the upsurging trend owing to the rising adoption of NFC-enabled transactions, chip-based cards for making payments and the rising penetration of smartphones.

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The rising adoption of NFC-enabled transactions, along with support from the government encouraging digital transactions and chip-based cards for payment purposes drive the United States near field communication chip market. The hike in the number of NFC-enabled transactions is because of the benefits offered by this technology. The debit/credit card information can be digitally stored in the mobile through application such as Google Wallet (U.S), Amazon Pay (U.S), Master card pay pass (U.S), Visa payWave (U.S), PayPal (U.S), Square Wallet (U.S), etc., and while making payments, the device is brought near another NFC-enabled device, such as a point-of-sale machine (POS) and a contactless safe transaction can be made easily. This makes private organizations highly adopt NFC chips to make transactions safe. Furthermore, the growing adoption of chip-based cards for payment purposes in the United States is also positively influencing the growth of the near field communication chips market.

According to the Federal Reserve Government (United States), general-purpose card payments reached around 1.5 billion in 2015, which were earlier approximately 41 million in 2012. This shows the high adoption of chip-based cards in the country, which directly impacts the growth of the NFC chips market during the forecast period. Moreover, in 2015, as per the Federal Reserve Government, approximately 33% of all mobile payment users with smartphones had paid for something in a store using their mobile phone instead of cash or a payment card. As a result of this, high adoption of NFC chips has been observed, which is expected to boost the market growth in the country.

 

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Table of Content

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

3.1. AUXILIARY

3.2. NON-AUXILIARY

4.    NORTH 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.    NORTH 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.    NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK

6.1. UNITED STATES

6.2. CANADA

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

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

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

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

List of Figures

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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