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NFC Tag IC-Global Market Insights and Sales Trends 2025
Synopsis
As payment platforms and technologies have gained significant traction in the recent past, NFC technology is among the technologies that are expected to witness growth in the coming years, owing to which the components required for this technology are evolving in a similar manner. NFC Tag ICs are among the components of NFC technology, which are evolving in line with the growth of NFC technology. NFC Tag ICs are mostly embedded in smart posters.
The global NFC Tag IC market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of NFC Tag IC in various end use industries. The expanding demands from the BFSI, Retail Industry, Medical Industry and Others, are propelling NFC Tag IC market. High Memory (More than 10000 bytes), 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 Medium Memory (1000 to 10000 bytes) segment is estimated at % CAGR for the next seven-year period.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Report Objectives
This report provides market insight on the different segments, by manufacturers, 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 Tag IC, 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 Tag IC 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 Tag IC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NFC Tag IC 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 Tag IC covered in this report include NXP Semiconductors, STMicroelectronics, Panasonic, Broadcom, Qualcomm, Nokia, Identive, Sony and MediaTek, etc.
The global NFC Tag IC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NXP Semiconductors
STMicroelectronics
Panasonic
Broadcom
Qualcomm
Nokia
Identive
Sony
MediaTek
Global NFC Tag IC 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 Tag IC market, Segment by Type:
High Memory (More than 10000 bytes)
Medium Memory (1000 to 10000 bytes)
Low Memory (Less than 1000 bytes)
Global NFC Tag IC market, by Application
BFSI
Retail Industry
Medical Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of NFC Tag IC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of NFC Tag IC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
As payment platforms and technologies have gained significant traction in the recent past, NFC technology is among the technologies that are expected to witness growth in the coming years, owing to which the components required for this technology are evolving in a similar manner. NFC Tag ICs are among the components of NFC technology, which are evolving in line with the growth of NFC technology. NFC Tag ICs are mostly embedded in smart posters.
The global NFC Tag IC market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of NFC Tag IC in various end use industries. The expanding demands from the BFSI, Retail Industry, Medical Industry and Others, are propelling NFC Tag IC market. High Memory (More than 10000 bytes), 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 Medium Memory (1000 to 10000 bytes) segment is estimated at % CAGR for the next seven-year period.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Report Objectives
This report provides market insight on the different segments, by manufacturers, 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 Tag IC, 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 Tag IC 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 Tag IC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NFC Tag IC 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 Tag IC covered in this report include NXP Semiconductors, STMicroelectronics, Panasonic, Broadcom, Qualcomm, Nokia, Identive, Sony and MediaTek, etc.
The global NFC Tag IC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NXP Semiconductors
STMicroelectronics
Panasonic
Broadcom
Qualcomm
Nokia
Identive
Sony
MediaTek
Global NFC Tag IC 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 Tag IC market, Segment by Type:
High Memory (More than 10000 bytes)
Medium Memory (1000 to 10000 bytes)
Low Memory (Less than 1000 bytes)
Global NFC Tag IC market, by Application
BFSI
Retail Industry
Medical Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of NFC Tag IC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of NFC Tag IC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 NFC Tag IC Market Overview
1.1 NFC Tag IC Product Overview
1.2 NFC Tag IC Market Segment by Type
1.2.1 High Memory (More than 10000 bytes)
1.2.2 Medium Memory (1000 to 10000 bytes)
1.2.3 Low Memory (Less than 1000 bytes)
1.3 Global NFC Tag IC Market Size by Type
1.3.1 Global NFC Tag IC Market Size Overview by Type (2018-2029)
1.3.2 Global NFC Tag IC Historic Market Size Review by Type (2018-2023)
1.3.3 Global NFC Tag IC Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America NFC Tag IC Sales Breakdown by Type (2018-2023)
1.4.2 Europe NFC Tag IC Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific NFC Tag IC Sales Breakdown by Type (2018-2023)
1.4.4 Latin America NFC Tag IC Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa NFC Tag IC Sales Breakdown by Type (2018-2023)
2 Global NFC Tag IC Market Competition by Company
2.1 Global Top Players by NFC Tag IC Sales (2018-2023)
2.2 Global Top Players by NFC Tag IC Revenue (2018-2023)
2.3 Global Top Players by NFC Tag IC Price (2018-2023)
2.4 Global Top Manufacturers NFC Tag IC Manufacturing Base Distribution, Sales Area, Product Type
2.5 NFC Tag IC Market Competitive Situation and Trends
2.5.1 NFC Tag IC Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by NFC Tag IC Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in NFC Tag IC as of 2022)
2.7 Date of Key Manufacturers Enter into NFC Tag IC Market
2.8 Key Manufacturers NFC Tag IC Product Offered
2.9 Mergers & Acquisitions, Expansion
3 NFC Tag IC Status and Outlook by Region
3.1 Global NFC Tag IC Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global NFC Tag IC Historic Market Size by Region
3.2.1 Global NFC Tag IC Sales in Volume by Region (2018-2023)
3.2.2 Global NFC Tag IC Sales in Value by Region (2018-2023)
3.2.3 Global NFC Tag IC Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global NFC Tag IC Forecasted Market Size by Region
3.3.1 Global NFC Tag IC Sales in Volume by Region (2024-2029)
3.3.2 Global NFC Tag IC Sales in Value by Region (2024-2029)
3.3.3 Global NFC Tag IC Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global NFC Tag IC by Application
4.1 NFC Tag IC Market Segment by Application
4.1.1 BFSI
4.1.2 Retail Industry
4.1.3 Medical Industry
4.1.4 Others
4.2 Global NFC Tag IC Market Size by Application
4.2.1 Global NFC Tag IC Market Size Overview by Application (2018-2029)
4.2.2 Global NFC Tag IC Historic Market Size Review by Application (2018-2023)
4.2.3 Global NFC Tag IC Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America NFC Tag IC Sales Breakdown by Application (2018-2023)
4.3.2 Europe NFC Tag IC Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific NFC Tag IC Sales Breakdown by Application (2018-2023)
4.3.4 Latin America NFC Tag IC Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa NFC Tag IC Sales Breakdown by Application (2018-2023)
5 North America NFC Tag IC by Country
5.1 North America NFC Tag IC Historic Market Size by Country
5.1.1 North America NFC Tag IC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America NFC Tag IC Sales in Volume by Country (2018-2023)
5.1.3 North America NFC Tag IC Sales in Value by Country (2018-2023)
5.2 North America NFC Tag IC Forecasted Market Size by Country
5.2.1 North America NFC Tag IC Sales in Volume by Country (2024-2029)
5.2.2 North America NFC Tag IC Sales in Value by Country (2024-2029)
6 Europe NFC Tag IC by Country
6.1 Europe NFC Tag IC Historic Market Size by Country
6.1.1 Europe NFC Tag IC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe NFC Tag IC Sales in Volume by Country (2018-2023)
6.1.3 Europe NFC Tag IC Sales in Value by Country (2018-2023)
6.2 Europe NFC Tag IC Forecasted Market Size by Country
6.2.1 Europe NFC Tag IC Sales in Volume by Country (2024-2029)
6.2.2 Europe NFC Tag IC Sales in Value by Country (2024-2029)
7 Asia-Pacific NFC Tag IC by Region
7.1 Asia-Pacific NFC Tag IC Historic Market Size by Region
7.1.1 Asia-Pacific NFC Tag IC Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific NFC Tag IC Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific NFC Tag IC Sales in Value by Region (2018-2023)
7.2 Asia-Pacific NFC Tag IC Forecasted Market Size by Region
7.2.1 Asia-Pacific NFC Tag IC Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific NFC Tag IC Sales in Value by Region (2024-2029)
8 Latin America NFC Tag IC by Country
8.1 Latin America NFC Tag IC Historic Market Size by Country
8.1.1 Latin America NFC Tag IC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America NFC Tag IC Sales in Volume by Country (2018-2023)
8.1.3 Latin America NFC Tag IC Sales in Value by Country (2018-2023)
8.2 Latin America NFC Tag IC Forecasted Market Size by Country
8.2.1 Latin America NFC Tag IC Sales in Volume by Country (2024-2029)
8.2.2 Latin America NFC Tag IC Sales in Value by Country (2024-2029)
9 Middle East and Africa NFC Tag IC by Country
9.1 Middle East and Africa NFC Tag IC Historic Market Size by Country
9.1.1 Middle East and Africa NFC Tag IC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa NFC Tag IC Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa NFC Tag IC Sales in Value by Country (2018-2023)
9.2 Middle East and Africa NFC Tag IC Forecasted Market Size by Country
9.2.1 Middle East and Africa NFC Tag IC Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa NFC Tag IC Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NXP Semiconductors
10.1.1 NXP Semiconductors Company Information
10.1.2 NXP Semiconductors Introduction and Business Overview
10.1.3 NXP Semiconductors NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NXP Semiconductors NFC Tag IC Products Offered
10.1.5 NXP Semiconductors Recent Development
10.2 STMicroelectronics
10.2.1 STMicroelectronics Company Information
10.2.2 STMicroelectronics Introduction and Business Overview
10.2.3 STMicroelectronics NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.2.4 STMicroelectronics NFC Tag IC Products Offered
10.2.5 STMicroelectronics Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic NFC Tag IC Products Offered
10.3.5 Panasonic Recent Development
10.4 Broadcom
10.4.1 Broadcom Company Information
10.4.2 Broadcom Introduction and Business Overview
10.4.3 Broadcom NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Broadcom NFC Tag IC Products Offered
10.4.5 Broadcom Recent Development
10.5 Qualcomm
10.5.1 Qualcomm Company Information
10.5.2 Qualcomm Introduction and Business Overview
10.5.3 Qualcomm NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Qualcomm NFC Tag IC Products Offered
10.5.5 Qualcomm Recent Development
10.6 Nokia
10.6.1 Nokia Company Information
10.6.2 Nokia Introduction and Business Overview
10.6.3 Nokia NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nokia NFC Tag IC Products Offered
10.6.5 Nokia Recent Development
10.7 Identive
10.7.1 Identive Company Information
10.7.2 Identive Introduction and Business Overview
10.7.3 Identive NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Identive NFC Tag IC Products Offered
10.7.5 Identive Recent Development
10.8 Sony
10.8.1 Sony Company Information
10.8.2 Sony Introduction and Business Overview
10.8.3 Sony NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sony NFC Tag IC Products Offered
10.8.5 Sony Recent Development
10.9 MediaTek
10.9.1 MediaTek Company Information
10.9.2 MediaTek Introduction and Business Overview
10.9.3 MediaTek NFC Tag IC Sales, Revenue and Gross Margin (2018-2023)
10.9.4 MediaTek NFC Tag IC Products Offered
10.9.5 MediaTek Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 NFC Tag IC Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 NFC Tag IC Industrial Chain Analysis
11.4 NFC Tag IC Market Dynamics
11.4.1 NFC Tag IC Industry Trends
11.4.2 NFC Tag IC Market Drivers
11.4.3 NFC Tag IC Market Challenges
11.4.4 NFC Tag IC Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 NFC Tag IC Distributors
12.3 NFC Tag IC Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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