NFC Chip Industry 2021-2027
New Study Reports " NFC Chip Industry 2021, Global Segmentation, Demand, Growth, Trend, Opportunity Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
The report published on the “NFC Chip Industry” is a comprehensive analysis that includes the key parameters and indicators critical in understanding the market. The data from the years 2021 to 2027 has been used to present the market status and size. The study also covers the overall market valuation along with the CAGR for the forecast period. The introductory chapter presents an overview of the NFC Chip Industry along with the product definition and market scope. The report also analyzes consumer trends regarding the products along with the industry development trends.
Market Dynamics
The NFC Chip Industry growth in the current scenario as well as in the coming years and the factors affecting it has been discussed in detail. The interplay of demand and supply forces in this market along with the external factors have been studied. The effect on the market in terms of growth has been studied to aid the market forecast. The pricing policies used in various regions of the NFC Chip Industry and the effect they have on the consumption behavior have been studied. :
Global NFC Chip Industry was valued at USD 4.26 billion in 2017 and is expected to reach USD 11.76 billion by the end of the forecast period at a CAGR of 18.86%.
This report also analyzes the impact of Coronavirus COVID-19 on the NFC Chip industry.
The rise in number of digital transactions globally is leading to the increased demand for NFC Chip Industry. Furthermore, its advantages including cost and time reduction is further adding to the growth of the NFC Chip Industry. Growing need for speedy transactions is also creating demand for NFC where retailers can serve their customers quickly and efficiently. Moreover, government initiatives towards a transparent cashless economy have helped the NFC Chip Industry to grow at a higher pace globally.
Key Players
The report has profiled some of the Important players prevalent in the global like – The key players in the NFC Chip Industry are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Intel Corporation (US), Verifone Systems, Inc. (US), MStar Semiconductor, Inc. (Taiwan), Broadcom Corporation (US), STMicroelectronics (Switzerland), Qualcomm, Inc. (US), NXP Semiconductors (Netherlands), Ingenico Group (France), SAMSUNG (South Korea), and Marvell Technology Group Ltd (Bermuda). These players contribute a major share in the growth of NFC Chip Industry.
Apart from the top key players, other players contribute to the market growth. These include Murata Manufacturing Co. (Japan), Media Tek, Inc. (Taiwan), Giesecke & Devrient GmbH (Germany), Renesas Electronics Corporation (Japan) and Texas Instruments (US), and others.
and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the NFC Chip.
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Regional Analysis:
The NFC Chip Industry is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of NFC Chip Industry has been done for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and South America). North America is expected to hold a significant share of the NFC Chip Industry during the forecast period followed by Europe. Adoption of advanced technologies, digitization and high adoption rate of digital payments coupled with high ownership of smartphones and internet penetration are some of the major factors driving the NFC Chip Industry in North America.
A large number of government initiatives implemented in many countries such as India and Japan for promoting cashless transactions is leading to the demand for NFC chips in the Asia-Pacific region. Also, technological advancements such as a rapid increase in smartphone adoption and contactless payment are further boosting up the growth of NFC chips market. NFC enables consumers to have a better connection with stores and offers which improves customer satisfaction and the retailers in return have better consumer insights which help them to serve better. Therefore, it widely being adopted in the retail sector. Thus, Asia-pacific is expected to grow at the highest CAGR during the forecast period.
Key Stakeholders
NFC Chip Industry Manufacturers
NFC Chip Industry Distributors/Traders/Wholesalers
NFC Chip Industry Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/nfc-chip-market-7723
Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Market Structure 15
2.4 List Of Assumptions 16
3 Research Methodology
4 Market Dynamics
5 Global NFC Chip Industry, By Component
6 Global NFC Chip Industry, by Technology
7 Global NFC Chip Industry, by Application
8 Global NFC Chip Industry, By Industry
9 Global NFC Chip Industry, By Region
10 Competitive Landscape
And more
Continued...
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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