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NFC Systems-Global Market Insights and Sales Trends 2024
Synopsis
Near-Field-Communication (NFC) is a set of communication protocols for communication between two electronic devices over a distance of 4 cm (11⁄2 in) or less. NFC offers a low-speed connection with simple setup that can be used to bootstrap more-capable wireless connections.
NFC devices can act as electronic identity documents and keycards.
They are used in contactless payment systems and allow mobile payment replacing or supplementing systems such as credit cards and electronic ticket smart cards.
The global NFC Systems market size is expected to reach US$ 37680 million by 2029, growing at a CAGR of 10.9% from 2023 to 2029. The market is mainly driven by the significant applications of NFC Systems in various end use industries. The expanding demands from the Retail Industry, Automotive Industry, Transportation Industry and Others, are propelling NFC Systems market. NFC Readers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the NFC Chips segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for NFC Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global NFC Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global NFC Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NFC Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of NFC Systems covered in this report include ASSA ABLOY AB, Avery Dennison Corp., Broadcom, KISI Inc., Intel Corp., INSIDE SECURE, MagTek Inc., Murata Manufacturing Co. Ltd. and MediaTek, etc.
The global NFC Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ASSA ABLOY AB
Avery Dennison Corp.
Broadcom
KISI Inc.
Intel Corp.
INSIDE SECURE
MagTek Inc.
Murata Manufacturing Co. Ltd.
MediaTek
NXP Semiconductors
Renesas Electronics
Sony
Qualcomm
Samsung Electronics Co. Ltd.
Smartrac
STMicroelectronics
SanDisk
Texas Instruments Inc.
Thales Group
The Swatch Group Ltd.
Global NFC Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global NFC Systems market, Segment by Type:
NFC Readers
NFC Chips
NFC Tags
Global NFC Systems market, by Application
Retail Industry
Automotive Industry
Transportation Industry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of NFC Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Near-Field-Communication (NFC) is a set of communication protocols for communication between two electronic devices over a distance of 4 cm (11⁄2 in) or less. NFC offers a low-speed connection with simple setup that can be used to bootstrap more-capable wireless connections.
NFC devices can act as electronic identity documents and keycards.
They are used in contactless payment systems and allow mobile payment replacing or supplementing systems such as credit cards and electronic ticket smart cards.
The global NFC Systems market size is expected to reach US$ 37680 million by 2029, growing at a CAGR of 10.9% from 2023 to 2029. The market is mainly driven by the significant applications of NFC Systems in various end use industries. The expanding demands from the Retail Industry, Automotive Industry, Transportation Industry and Others, are propelling NFC Systems market. NFC Readers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the NFC Chips segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for NFC Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global NFC Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global NFC Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NFC Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of NFC Systems covered in this report include ASSA ABLOY AB, Avery Dennison Corp., Broadcom, KISI Inc., Intel Corp., INSIDE SECURE, MagTek Inc., Murata Manufacturing Co. Ltd. and MediaTek, etc.
The global NFC Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ASSA ABLOY AB
Avery Dennison Corp.
Broadcom
KISI Inc.
Intel Corp.
INSIDE SECURE
MagTek Inc.
Murata Manufacturing Co. Ltd.
MediaTek
NXP Semiconductors
Renesas Electronics
Sony
Qualcomm
Samsung Electronics Co. Ltd.
Smartrac
STMicroelectronics
SanDisk
Texas Instruments Inc.
Thales Group
The Swatch Group Ltd.
Global NFC Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global NFC Systems market, Segment by Type:
NFC Readers
NFC Chips
NFC Tags
Global NFC Systems market, by Application
Retail Industry
Automotive Industry
Transportation Industry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of NFC Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of NFC Systems
1.1 NFC Systems Market Overview
1.1.1 NFC Systems Product Scope
1.1.2 NFC Systems Market Status and Outlook
1.2 Global NFC Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global NFC Systems Market Size by Region (2018-2029)
1.4 Global NFC Systems Historic Market Size by Region (2018-2023)
1.5 Global NFC Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, NFC Systems Market Size (2018-2029)
1.6.1 North America NFC Systems Market Size (2018-2029)
1.6.2 Europe NFC Systems Market Size (2018-2029)
1.6.3 Asia-Pacific NFC Systems Market Size (2018-2029)
1.6.4 Latin America NFC Systems Market Size (2018-2029)
1.6.5 Middle East & Africa NFC Systems Market Size (2018-2029)
2 NFC Systems Market by Type
2.1 Introduction
2.1.1 NFC Readers
2.1.2 NFC Chips
2.1.3 NFC Tags
2.2 Global NFC Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global NFC Systems Historic Market Size by Type (2018-2023)
2.2.2 Global NFC Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America NFC Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe NFC Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific NFC Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America NFC Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa NFC Systems Revenue Breakdown by Type (2018-2029)
3 NFC Systems Market Overview by Application
3.1 Introduction
3.1.1 Retail Industry
3.1.2 Automotive Industry
3.1.3 Transportation Industry
3.1.4 Others
3.2 Global NFC Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global NFC Systems Historic Market Size by Application (2018-2023)
3.2.2 Global NFC Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America NFC Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe NFC Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific NFC Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America NFC Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa NFC Systems Revenue Breakdown by Application (2018-2029)
4 NFC Systems Competition Analysis by Players
4.1 Global NFC Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in NFC Systems as of 2022)
4.3 Date of Key Players Enter into NFC Systems Market
4.4 Global Top Players NFC Systems Headquarters and Area Served
4.5 Key Players NFC Systems Product Solution and Service
4.6 Competitive Status
4.6.1 NFC Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ASSA ABLOY AB
5.1.1 ASSA ABLOY AB Profile
5.1.2 ASSA ABLOY AB Main Business
5.1.3 ASSA ABLOY AB NFC Systems Products, Services and Solutions
5.1.4 ASSA ABLOY AB NFC Systems Revenue (US$ Million) & (2018-2023)
5.1.5 ASSA ABLOY AB Recent Developments
5.2 Avery Dennison Corp.
5.2.1 Avery Dennison Corp. Profile
5.2.2 Avery Dennison Corp. Main Business
5.2.3 Avery Dennison Corp. NFC Systems Products, Services and Solutions
5.2.4 Avery Dennison Corp. NFC Systems Revenue (US$ Million) & (2018-2023)
5.2.5 Avery Dennison Corp. Recent Developments
5.3 Broadcom
5.3.1 Broadcom Profile
5.3.2 Broadcom Main Business
5.3.3 Broadcom NFC Systems Products, Services and Solutions
5.3.4 Broadcom NFC Systems Revenue (US$ Million) & (2018-2023)
5.3.5 KISI Inc. Recent Developments
5.4 KISI Inc.
5.4.1 KISI Inc. Profile
5.4.2 KISI Inc. Main Business
5.4.3 KISI Inc. NFC Systems Products, Services and Solutions
5.4.4 KISI Inc. NFC Systems Revenue (US$ Million) & (2018-2023)
5.4.5 KISI Inc. Recent Developments
5.5 Intel Corp.
5.5.1 Intel Corp. Profile
5.5.2 Intel Corp. Main Business
5.5.3 Intel Corp. NFC Systems Products, Services and Solutions
5.5.4 Intel Corp. NFC Systems Revenue (US$ Million) & (2018-2023)
5.5.5 Intel Corp. Recent Developments
5.6 INSIDE SECURE
5.6.1 INSIDE SECURE Profile
5.6.2 INSIDE SECURE Main Business
5.6.3 INSIDE SECURE NFC Systems Products, Services and Solutions
5.6.4 INSIDE SECURE NFC Systems Revenue (US$ Million) & (2018-2023)
5.6.5 INSIDE SECURE Recent Developments
5.7 MagTek Inc.
5.7.1 MagTek Inc. Profile
5.7.2 MagTek Inc. Main Business
5.7.3 MagTek Inc. NFC Systems Products, Services and Solutions
5.7.4 MagTek Inc. NFC Systems Revenue (US$ Million) & (2018-2023)
5.7.5 MagTek Inc. Recent Developments
5.8 Murata Manufacturing Co. Ltd.
5.8.1 Murata Manufacturing Co. Ltd. Profile
5.8.2 Murata Manufacturing Co. Ltd. Main Business
5.8.3 Murata Manufacturing Co. Ltd. NFC Systems Products, Services and Solutions
5.8.4 Murata Manufacturing Co. Ltd. NFC Systems Revenue (US$ Million) & (2018-2023)
5.8.5 Murata Manufacturing Co. Ltd. Recent Developments
5.9 MediaTek
5.9.1 MediaTek Profile
5.9.2 MediaTek Main Business
5.9.3 MediaTek NFC Systems Products, Services and Solutions
5.9.4 MediaTek NFC Systems Revenue (US$ Million) & (2018-2023)
5.9.5 MediaTek Recent Developments
5.10 NXP Semiconductors
5.10.1 NXP Semiconductors Profile
5.10.2 NXP Semiconductors Main Business
5.10.3 NXP Semiconductors NFC Systems Products, Services and Solutions
5.10.4 NXP Semiconductors NFC Systems Revenue (US$ Million) & (2018-2023)
5.10.5 NXP Semiconductors Recent Developments
5.11 Renesas Electronics
5.11.1 Renesas Electronics Profile
5.11.2 Renesas Electronics Main Business
5.11.3 Renesas Electronics NFC Systems Products, Services and Solutions
5.11.4 Renesas Electronics NFC Systems Revenue (US$ Million) & (2018-2023)
5.11.5 Renesas Electronics Recent Developments
5.12 Sony
5.12.1 Sony Profile
5.12.2 Sony Main Business
5.12.3 Sony NFC Systems Products, Services and Solutions
5.12.4 Sony NFC Systems Revenue (US$ Million) & (2018-2023)
5.12.5 Sony Recent Developments
5.13 Qualcomm
5.13.1 Qualcomm Profile
5.13.2 Qualcomm Main Business
5.13.3 Qualcomm NFC Systems Products, Services and Solutions
5.13.4 Qualcomm NFC Systems Revenue (US$ Million) & (2018-2023)
5.13.5 Qualcomm Recent Developments
5.14 Samsung Electronics Co. Ltd.
5.14.1 Samsung Electronics Co. Ltd. Profile
5.14.2 Samsung Electronics Co. Ltd. Main Business
5.14.3 Samsung Electronics Co. Ltd. NFC Systems Products, Services and Solutions
5.14.4 Samsung Electronics Co. Ltd. NFC Systems Revenue (US$ Million) & (2018-2023)
5.14.5 Samsung Electronics Co. Ltd. Recent Developments
5.15 Smartrac
5.15.1 Smartrac Profile
5.15.2 Smartrac Main Business
5.15.3 Smartrac NFC Systems Products, Services and Solutions
5.15.4 Smartrac NFC Systems Revenue (US$ Million) & (2018-2023)
5.15.5 Smartrac Recent Developments
5.16 STMicroelectronics
5.16.1 STMicroelectronics Profile
5.16.2 STMicroelectronics Main Business
5.16.3 STMicroelectronics NFC Systems Products, Services and Solutions
5.16.4 STMicroelectronics NFC Systems Revenue (US$ Million) & (2018-2023)
5.16.5 STMicroelectronics Recent Developments
5.17 SanDisk
5.17.1 SanDisk Profile
5.17.2 SanDisk Main Business
5.17.3 SanDisk NFC Systems Products, Services and Solutions
5.17.4 SanDisk NFC Systems Revenue (US$ Million) & (2018-2023)
5.17.5 SanDisk Recent Developments
5.18 Texas Instruments Inc.
5.18.1 Texas Instruments Inc. Profile
5.18.2 Texas Instruments Inc. Main Business
5.18.3 Texas Instruments Inc. NFC Systems Products, Services and Solutions
5.18.4 Texas Instruments Inc. NFC Systems Revenue (US$ Million) & (2018-2023)
5.18.5 Texas Instruments Inc. Recent Developments
5.19 Thales Group
5.19.1 Thales Group Profile
5.19.2 Thales Group Main Business
5.19.3 Thales Group NFC Systems Products, Services and Solutions
5.19.4 Thales Group NFC Systems Revenue (US$ Million) & (2018-2023)
5.19.5 Thales Group Recent Developments
5.20 The Swatch Group Ltd.
5.20.1 The Swatch Group Ltd. Profile
5.20.2 The Swatch Group Ltd. Main Business
5.20.3 The Swatch Group Ltd. NFC Systems Products, Services and Solutions
5.20.4 The Swatch Group Ltd. NFC Systems Revenue (US$ Million) & (2018-2023)
5.20.5 The Swatch Group Ltd. Recent Developments
6 North America
6.1 North America NFC Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe NFC Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific NFC Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America NFC Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa NFC Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 NFC Systems Market Dynamics
11.1 NFC Systems Industry Trends
11.2 NFC Systems Market Drivers
11.3 NFC Systems Market Challenges
11.4 NFC Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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