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Global Near Field Communication (NFC) Chip Market (2017-2023): Key Players are Qualcomm, Mediatek, Broadcom, Marvell Technology, Sony, St Microelectronic, Texas Instruments & NXP Semiconductors - Research and Markets
[August 01, 2017]

Global Near Field Communication (NFC) Chip Market (2017-2023): Key Players are Qualcomm, Mediatek, Broadcom, Marvell Technology, Sony, St Microelectronic, Texas Instruments & NXP Semiconductors - Research and Markets


The "Global Near Field Communication (NFC) Chip Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to Research and Markets' offering.

The global near field communication chip market is expected to grow with the CAGR of approximately 30% during the forecast period 2016-2023.

The high growth rate in this market is attributed to a rise in NFC-based transactions, according to the central bank of Kenya. M-pesa, a mobile phone-based money transfer service, in conjunction with mobile phone operator safaricom have launched a one tap payment solution powered by NFC chips. In 2015, 911 million transactions were reportedly made through the service. A surge in the number of smartphones, as well as the increasing use of NFC chips in consumer electronics and medical equipment drives the global NFC chip market. The key factors restraining growth are data security concerns relating to NFC and the complx production process of NFC chips.



Near field communication chip market can be segmented on the basis of application, storage capacity and end user. The application segment is further segmented into television, smartphone, car, medical equipment and others. Smartphone segment has the largest share in the application segment of the NFC chip market owing to high demand of smartphones across the globe. On the basis of storage capacity, the NFC chip market can be further sub-segmented into 64 Bytes, 168 bytes, 540 Bytes and Others. The end user segment is further segmented into consumer electronics, automotive, retail market, aviation, medical and others.

Companies Mentioned


  • Marvell (News - Alert) Technology Group Ltd.
  • Sony Corp.
  • Ams Ag
  • Mstar Semiconductor Inc.
  • Mediatek Inc.
  • St Microelectronics
  • Qualcomm Inc.
  • Texas Instruments Inc.
  • Broadcom Corp.
  • NXP Semiconductors (News - Alert)
  • Inside Secure
  • Renesas
  • Moversa
  • Samsung Semiconductors
  • Toshiba (News - Alert) Corp.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Global Near Field Communication Chip Market By Region

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/69vtk2/global_near_field.


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