조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년10월
NFC Market – Global Forecast To 2029
NFC(근거리 무선 통신) 시장 – 제공 내용(NFC IC, NFC 안테나, NFC 태그, NFC 리더), 동작 모드(리더 에뮬레이션, 피어 투 피어, 카드 에뮬레이션), 사용 예(결제 및 거래, 제품 ID, 발권, 액세스 제어) – 2029년까지의 세계 예측
NFC Market by Offering (NFC ICs, NFC Antennas, NFC Tags, NFC Readers), Operating Mode (Reader Emulation, Peer-to-Peer, Card Emulation), Use Cases (Payment and Transactions, Product Identification, Ticketing, Access Control) – Global Forecast to 2029
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Report Overview
The global NFC market was valued at USD 21.69 billion in 2024 and is projected to reach USD 30.55 billion by 2029; it is expected to register a CAGR of 7.1% during the forecast period.
세계 NFC 시장은 2024년에 216억 9,000만 달러로 평가되었으며, 2029년까지 305억 5,000만 달러에 이를 것으로 예상됩니다. 예측 기간 동안 7.1%의 CAGR을 기록할 것으로 예상됩니다.
NFC technology is widely used in industries such as retail, transportation, automotive, consumer electronics, banking & finance, and hospitality. Some of the most common use cases of NFC in these verticals include product identification, inventory management, access control, payments & transactions, and data transfer, among others. Benefits such as easy and secure contactless payments and data transfer will boost the demand for NFC technology in the coming years. Mobile payment applications, both online and in-store, are expected to drive the NFC market in the future.
“Peer-to-peer segment is expected to grow at the impressive CAGR during the forecast period.”
The peer-to-peer segment is projected to grow significantly during the forecast period as this mode allows direct communication between two NFC devices. The demand for secure and efficient payment solutions and data transfer options in sectors like retail and healthcare is driving the growth in this mode. Further, ongoing advancements in NFC technology and its integration with other technologies such as IoT and blockchain, are expected to further boost this segment. The peer-to-peer mode also offers several key benefits, like ease of use, quick data transfer, and reduced risk of unauthorized access. Additionally, it supports various other functions such as sharing contact information and transferring files.
“Retail segment is likely to hold the second largest market in 2024.”
The NFC application has shown tremendous growth in the retail industry, owing to the production of NFC-enabled smartphones. These phones have an embedded NFC chip; the consumers only have to wave the mobile phone in front of the NFC tag, and the required balance gets deducted from their account with the help of banking gateways and trusted service managers. The purchasing of the goods and services and their payment is done either online or at the point-of-sale. In the retail industry, NFC technology is used for access control, product identification, and transaction applications.
“The North America segment is likely to grow at the second highest CAGR during the forecast period.”
The US is one of the leading adopters of advanced technologies such as AI and IoT, and consistently pushing the implementation of automation across various industry verticals ranging from retail to automotive. US also ranks among the top three nations in terms of expenditure on smart city initiatives that include the implementation of contactless technologies such as NFC for access control and ticketing. Additionally, government support for technological development and favorable regulatory frameworks to develop and implement technologies such as NFC, AI, and IoT to accelerate the growth of NFC market in the country
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type – Tier 1 – 25%, Tier 2 – 30%, Tier 3 – 45%
- By Designation— C-level Executives – 30%, Directors – 40%, Others – 30%
- By Region—North America – 30%, Europe – 20%, Asia Pacific – 40%, RoW – 10%
The NFC market is dominated by a few globally established players such as NXP Semiconductors (Netherlands), Broadcom (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), ams-OSRAM AG (Austria), Thales (France), and Infineon Technologies AG (Germany). The study includes an in-depth competitive analysis of these key players in the NFC market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the NFC market and forecasts its size by signaling technology, offering, type, operating mode, vertical, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the NFC ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Rising interest towards the adoption of mobile commerce, Rising trend of wearable technology), Restraint (Security concerns related to NFC, Competition from alternative payment methods), Opportunity (Rising urbanization in emerging economies, Increasing online and in-Store payment, Growing trend of contactless technology, Rising need for connectivity between different devices), Challenges (Lack of awareness about the benefits associated with NFC).
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the NFC market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the NFC market across varied regions
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the NFC market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players NXP Semiconductors (Netherlands), Broadcom (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), among others in the NFC market.
Table of Contents
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 27
1.3.2 INCLUSIONS AND EXCLUSIONS 28
1.3.3 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 29
1.6 STAKEHOLDERS 29
1.7 SUMMARY OF CHANGES 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
2.1.1 SECONDARY AND PRIMARY RESEARCH 32
2.1.2 SECONDARY DATA 33
2.1.2.1 List of key secondary sources 33
2.1.2.2 Key data from secondary sources 33
2.1.3 PRIMARY DATA 34
2.1.3.1 List of primary interview participants 34
2.1.3.2 Key data from primary sources 35
2.1.3.3 Key industry insights 35
2.1.3.4 Breakdown of primaries 36
2.2 MARKET SIZE ESTIMATION METHODOLOGY 36
2.2.1 TOP-DOWN APPROACH 36
2.2.1.1 Approach to arrive at market size using top-down analysis
(supply side) 37
2.2.2 BOTTOM-UP APPROACH 37
2.2.2.1 Approach to arrive at market size using bottom-up analysis
(demand side) 37
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 39
2.4 RESEARCH ASSUMPTIONS 40
2.5 RESEARCH LIMITATIONS 40
2.6 RISK ANALYSIS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NFC MARKET 46
4.2 NFC MARKET, BY OFFERING 46
4.3 NFC MARKET, BY VERTICAL 47
4.4 NFC MARKET IN NORTH AMERICA, BY VERTICAL AND COUNTRY 47
4.5 NFC MARKET, BY COUNTRY 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Rising interest in mobile commerce 50
5.2.1.2 Mounting demand for smart wearables and IoT devices 50
5.2.2 RESTRAINTS 50
5.2.2.1 Availability of alternative technologies for contactless applications 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Rapid urbanization in emerging economies 51
5.2.3.2 Reliance on PoS systems and smart posters to
enhance shopping experiences 51
5.2.3.3 Implementation of electronic shelf labels in retail stores 52
5.2.3.4 Rise in cellular IoT connections 52
5.2.4 CHALLENGES 53
5.2.4.1 Lack of awareness about NFC benefits 53
5.2.4.2 Security concerns related to contactless payments 53
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 54
5.4 PRICING ANALYSIS 55
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE TYPE 55
5.4.2 AVERAGE SELLING PRICE TREND, BY HARDWARE TYPE 56
5.5 VALUE CHAIN ANALYSIS 57
5.6 ECOSYSTEM ANALYSIS 58
5.7 INVESTMENT AND FUNDING SCENARIO 60
5.8 TECHNOLOGY ANALYSIS 60
5.8.1 KEY TECHNOLOGIES 60
5.8.1.1 NFC-enabled wearables 60
5.8.2 COMPLEMENTARY TECHNOLOGIES 61
5.8.2.1 Internet of Things (IoT) 61
5.8.3 ADJACENT TECHNOLOGIES 61
5.8.3.1 Radio-frequency identification (RFID) 61
5.9 PATENT ANALYSIS 61
5.10 TRADE ANALYSIS 63
5.10.1 IMPORT SCENARIO (HS CODE 852352) 63
5.10.2 EXPORT SCENARIO (HS CODE 852352) 64
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 65
5.12 CASE STUDY 66
5.12.1 ONEID DEVELOPS USER-FRIENDLY APP TO OPTIMIZE NFC READING FOR
ID DOCUMENTS AND ENSURE SECURE DATA TRANSMISSION 66
5.12.2 NIKE INTEGRATES NFC TECHNOLOGY TO INCREASE SALES AND
CUSTOMER ENGAGEMENT 66
5.12.3 BARBADILLO ADOPTS NFC TAGS TO INCREASE CUSTOMER
ENGAGEMENT AND SALES 66
5.13 REGULATORY LANDSCAPE 67
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
5.13.2 STANDARDS 68
5.14 PORTER’S FIVE FORCES ANALYSIS 69
5.14.1 BARGAINING POWER OF SUPPLIERS 70
5.14.2 BARGAINING POWER OF BUYERS 70
5.14.3 THREAT OF NEW ENTRANTS 70
5.14.4 THREAT OF SUBSTITUTES 70
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 70
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 71
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 71
5.15.2 BUYING CRITERIA 72
5.16 IMPACT OF AI/GEN AI ON NFC MARKET 72
5.16.1 INTRODUCTION 72
5.16.2 AI/GEN AI IMPACT ON KEY NFC APPLICATIONS 73
5.16.2.1 Retail 73
5.16.2.2 Consumer electronics 73
5.16.3 USE CASES 73
5.16.4 KEY COMPANIES IMPLEMENTING AI/GEN AI 73
5.16.5 FUTURE OF AI/GEN AI IN NFC ECOSYSTEM 74
6 NFC SIGNALING TECHNOLOGIES 75
6.1 INTRODUCTION 75
6.2 NFC-A 75
6.3 NFC-B 75
6.4 NFC-F 75
7 NFC MARKET, BY OFFERING 76
7.1 INTRODUCTION 77
7.2 HARDWARE 78
7.2.1 NFC ICS & ANTENNAS 79
7.2.1.1 Emphasis on ensuring proper electrical interface and maximizing power transfer to bolster segmental growth 79
7.2.2 NFC TAGS 80
7.2.2.1 Ability to identify proximity and vicinity to contribute to
segmental growth 80
7.2.3 NFC READERS 81
7.2.3.1 Emphasis on seamless communication and data exchange among devices to foster segmental growth 81
7.3 SOFTWARE 82
7.3.1 EASE OF USE AND FUNCTIONALITY IN ROUTERS, INFOTAINMENT SYSTEMS, AND CONSUMER ELECTRONICS TO DRIVE MARKET 82
8 NFC MARKET, BY OPERATING MODE 84
8.1 INTRODUCTION 85
8.2 CARD EMULATION 86
8.2.1 INCREASING USE TO CONVERT NFC DEVICES TO CONTACTLESS
SMART CARDS TO BOOST SEGMENTAL GROWTH 86
8.3 READER EMULATION 87
8.3.1 RISING ADOPTION TO READ DATA FROM MANDATED NFC TAGS TO
FUEL SEGMENTAL GROWTH 87
8.4 PEER-TO-PEER 87
8.4.1 ABILITY TO OFFER LINK-LEVEL COMMUNICATION BETWEEN TWO NFC DEVICES TO ACCELERATE SEGMENTAL GROWTH 87
9 NFC MARKET, BY VERTICAL 89
9.1 INTRODUCTION 90
9.2 RETAIL 92
9.2.1 PRODUCT IDENTIFICATION 93
9.2.1.1 Increasing need to identify product location and availability in retail stores to foster segmental growth 93
9.2.2 PAYMENT & TRANSACTION 93
9.2.2.1 Growing adoption of NFC-enabled devices as contactless cards to expedite segmental growth 93
9.3 TRANSPORTATION 93
9.3.1 TICKETING 95
9.3.1.1 Strong focus on convenience and security in ticketing process to augment segmental growth 95
9.3.2 ACCESS CONTROL 95
9.3.2.1 Ability of NFC to reduce cash handling to contribute to
segmental growth 95
9.4 AUTOMOTIVE 95
9.4.1 RISING DEPLOYMENT IN ACCESS CONTROL AND IN-CAR INFOTAINMENT APPLICATIONS TO BOOST SEGMENTAL GROWTH 95
9.5 RESIDENTIAL & COMMERCIAL 96
9.5.1 ACCESS CONTROL 97
9.5.1.1 Reliance on NFC to offer physical access control in buildings to fuel segmental growth 97
9.5.2 TIME & ATTENDANCE 98
9.5.2.1 Requirement to keep track of in-time and out-time in commercial sector to augment segmental growth 98
9.5.3 HOME AUTOMATION 98
9.5.3.1 Use of smart lighting solutions with wireless switch capabilities to boost segmental growth 98
9.6 HEALTHCARE 98
9.6.1 PATIENT IDENTIFICATION 99
9.6.1.1 Increasing deployment of NFC tags to secure access to healthcare information to bolster segmental growth 99
9.6.2 PRODUCT IDENTIFICATION 99
9.6.2.1 Growing preference for remote patient monitoring to
augment segmental growth 99
9.6.3 ACCESS CONTROL 100
9.6.3.1 Rising need to identify patient health cards and other medical items to expedite segmental growth 100
9.7 CONSUMER ELECTRONICS 100
9.7.1 WEARABLE DEVICES 101
9.7.1.1 Ability to interact with NFC-enabled devices to fuel segmental growth 101
9.7.2 MOBILE PHONES/TABLETS 102
9.7.2.1 Adoption of home automation and control solutions to bolster segmental growth 102
9.7.3 LAPTOPS/PERSONAL COMPUTERS 102
9.7.3.1 Growing popularity of touchless laptops to contribute to
segmental growth 102
9.7.4 OTHER CONSUMER ELECTRONICS 102
9.8 BANKING & FINANCE 102
9.8.1 RELIANCE ON ADVANCED TECHNOLOGIES TO ENHANCE SECURITY TO
BOOST SEGMENTAL GROWTH 102
9.9 HOSPITALITY 103
9.9.1 ACCESS CONTROL 104
9.9.1.1 Rising awareness about benefits of NFC-enabled smartphones in check-in process in hotels to drive market 104
9.9.2 PAYMENT & TRANSACTION 105
9.9.2.1 Growing preference for contactless payment to contribute to segmental growth 105
9.10 OTHER VERTICALS 105
10 NFC MARKET, BY REGION 106
10.1 INTRODUCTION 107
10.2 NORTH AMERICA 110
10.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 110
10.2.2 US 117
10.2.2.1 Increasing adoption of smart city initiatives to accelerate
market growth 117
10.2.3 CANADA 118
10.2.3.1 Rising deployment of advanced communication technologies to improve enterprise efficiency to fuel market growth 118
10.2.4 MEXICO 119
10.2.4.1 Growing interest toward digital payments to contribute to
market growth 119
10.3 EUROPE 119
10.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 120
10.3.2 UK 127
10.3.2.1 Rising awareness about contactless payment systems to
augment market growth 127
10.3.3 GERMANY 128
10.3.3.1 Increasing access of payment service providers to NFC antennas to bolster market growth 128
10.3.4 ITALY 129
10.3.4.1 Rapid digitalization and adoption of contactless payments to expedite market growth 129
10.3.5 FRANCE 130
10.3.5.1 Growing demand for advanced technologies to allow dynamic pricing and real-time product positioning to drive market 130
10.3.6 SPAIN 130
10.3.6.1 Rising implementation of biometric security payment solutions to accelerate market growth 130
10.3.7 SWITZERLAND 131
10.3.7.1 Growing focus on secure payment networks and reliable connectivity to foster market growth 131
10.3.8 NETHERLANDS 132
10.3.8.1 Rising emphasis on security and privacy to contribute to
market growth 132
10.3.9 REST OF EUROPE 132
10.4 ASIA PACIFIC 133
10.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 133
10.4.2 CHINA 140
10.4.2.1 Growing focus on expanding public transportation to boost
market growth 140
10.4.3 JAPAN 141
10.4.3.1 Rising trend for e-money smart cards powered by NFC technology to drive market 141
10.4.4 INDIA 142
10.4.4.1 Increasing use of NFC-enabled contactless credit cards to
fuel market growth 142
10.4.5 SOUTH KOREA 143
10.4.5.1 Mounting demand for high-end smartphones to contribute to
market growth 143
10.4.6 AUSTRALIA 143
10.4.6.1 Growing adoption of contactless payment methods to bolster
market growth 143
10.4.7 INDONESIA 144
10.4.7.1 Rising focus on digital infrastructure development to fuel
market growth 144
10.4.8 REST OF ASIA PACIFIC 145
10.5 ROW 145
10.5.1 MACROECONOMIC OUTLOOK FOR ROW 145
10.5.2 MIDDLE EAST 150
10.5.2.1 Burgeoning demand for NFC-enabled smartphones to
accelerate market growth 150
10.5.2.2 GCC countries 152
10.5.2.3 Rest of Middle East 152
10.5.3 SOUTH AMERICA 152
10.5.3.1 Increasing smartphone penetration and mobile payments
to drive market 152
10.5.4 AFRICA 153
10.5.4.1 Rising preference for payments using contactless cards to
contribute to market growth 153
11 COMPETITIVE LANDSCAPE 154
11.1 OVERVIEW 154
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 154
11.3 REVENUE ANALYSIS, 2019–2023 156
11.4 MARKET SHARE ANALYSIS, 2023 157
11.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024 159
11.6 PRODUCT COMPARISON 160
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 161
11.7.1 STARS 161
11.7.2 EMERGING LEADERS 161
11.7.3 PERVASIVE PLAYERS 161
11.7.4 PARTICIPANTS 161
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 163
11.7.5.1 Company footprint 163
11.7.5.2 Region footprint 164
11.7.5.3 Vertical footprint 165
11.7.5.4 Operating mode footprint 166
11.7.5.5 Offering footprint 167
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 168
11.8.1 PROGRESSIVE COMPANIES 168
11.8.2 RESPONSIVE COMPANIES 168
11.8.3 DYNAMIC COMPANIES 168
11.8.4 STARTING BLOCKS 169
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 170
11.8.5.1 Detailed list of key startups/SMEs 170
11.8.5.2 Competitive benchmarking of key startups/SMEs 170
11.9 COMPETITIVE SCENARIO 171
11.9.1 PRODUCT LAUNCHES 171
11.9.2 DEALS 173
12 COMPANY PROFILES 174
12.1 KEY PLAYERS 174
12.1.1 NXP SEMICONDUCTORS 174
12.1.1.1 Business overview 174
12.1.1.2 Products/Solutions/Services offered 175
12.1.1.3 Recent developments 176
12.1.1.3.1 Product launches 176
12.1.1.4 MnM view 176
12.1.1.4.1 Key strengths/Right to win 176
12.1.1.4.2 Strategic choices 176
12.1.1.4.3 Weaknesses/Competitive threats 176
12.1.2 BROADCOM 177
12.1.2.1 Business overview 177
12.1.2.2 Products/Solutions/Services offered 178
12.1.2.3 MnM view 179
12.1.2.3.1 Key strengths/Right to win 179
12.1.2.3.2 Strategic choices 179
12.1.2.3.3 Weaknesses/Competitive threats 179
12.1.3 QUALCOMM TECHNOLOGIES, INC. 180
12.1.3.1 Business overview 180
12.1.3.2 Products/Solutions/Services offered 182
12.1.3.3 Recent developments 182
12.1.3.3.1 Deals 182
12.1.3.4 MnM view 182
12.1.3.4.1 Key strengths/Right to win 182
12.1.3.4.2 Strategic choices 183
12.1.3.4.3 Weaknesses/Competitive threats 183
12.1.4 TEXAS INSTRUMENTS INCORPORATED 184
12.1.4.1 Business overview 184
12.1.4.2 Products/Solutions/Services offered 186
12.1.4.3 MnM view 186
12.1.4.3.1 Key strengths/Right to win 186
12.1.4.3.2 Strategic choices 186
12.1.4.3.3 Weaknesses/Competitive threats 186
12.1.5 STMICROELECTRONICS 187
12.1.5.1 Business overview 187
12.1.5.2 Products/Solutions/Services offered 189
12.1.5.3 Recent developments 190
12.1.5.3.1 Product launches 190
12.1.5.4 MnM view 190
12.1.5.4.1 Key strengths/Right to win 190
12.1.5.4.2 Strategic choices 190
12.1.5.4.3 Weaknesses/Competitive threats 191
12.1.6 RENESAS ELECTRONICS CORPORATION 192
12.1.6.1 Business overview 192
12.1.6.2 Products/Solutions/Services offered 193
12.1.6.3 Recent developments 194
12.1.6.3.1 Deals 194
12.1.7 AMS-OSRAM AG 195
12.1.7.1 Business overview 195
12.1.7.2 Products/Solutions/Services offered 196
12.1.8 THALES 197
12.1.8.1 Business overview 197
12.1.8.2 Products/Solutions/Services offered 198
12.1.9 INFINEON TECHNOLOGIES AG 199
12.1.9.1 Business overview 199
12.1.9.2 Products/Solutions/Services offered 200
12.1.9.3 Recent developments 201
12.1.9.3.1 Product launches 201
12.1.10 SONY CORPORATION 202
12.1.10.1 Business overview 202
12.1.10.2 Products/Solutions/Services offered 203
12.1.11 AVERY DENNISON CORPORATION 204
12.1.11.1 Business overview 204
12.1.11.2 Products/Solutions/Services offered 205
12.1.11.3 Recent developments 206
12.1.11.3.1 Product launches 206
12.1.12 SAMSUNG 207
12.1.12.1 Business overview 207
12.1.12.2 Products/Solutions/Services offered 208
12.1.13 IDENTIV, INC. 209
12.1.13.1 Business overview 209
12.1.13.2 Products/Solutions/Services offered 210
12.1.14 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC 211
12.1.14.1 Business overview 211
12.1.14.2 Products/Solutions/Services offered 212
12.2 OTHER PLAYERS 213
12.2.1 FLOMIO, INC. 213
12.2.2 SHANGHAI FUDAN MICROELECTRONICS GROUP CO., LTD. 213
12.2.3 HID GLOBAL CORPORATION 214
12.2.4 RESOURCE LABEL GROUP, LLC 214
12.2.5 PREMIER LABELS UK 215
12.2.6 ADVANCED CARD SYSTEMS LTD. 215
12.2.7 CRYPTERA 216
12.2.8 PERFECT ID 216
12.2.9 ID TECH 217
12.2.10 OMNIA TECHNOLOGIES PVT. LTD. 217
12.2.11 ELATEC GMBH 218
13 APPENDIX 219
13.1 INSIGHTS FROM INDUSTRY EXPERTS 219
13.2 DISCUSSION GUIDE 220
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 223
13.4 CUSTOMIZATION OPTIONS 225
13.5 RELATED REPORTS 225
13.6 AUTHOR DETAILS 226
LIST OF TABLES
TABLE 1 NFC MARKET: RISK ANALYSIS 41
TABLE 2 AVERAGE SELLING PRICING TREND OF NFC ICS & ANTENNAS OFFERED
BY KEY PLAYERS, 2020–2023 (USD) 55
TABLE 3 AVERAGE SELLING PRICE TREND OF NFC ICS & ANTENNAS, 2020–2023 (USD) 56
TABLE 4 ROLE OF COMPANIES IN NFC ECOSYSTEM 59
TABLE 5 LIST OF MAJOR PATENTS, 2023 62
TABLE 6 IMPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 64
TABLE 7 EXPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 65
TABLE 8 LIST OF KEY CONFERENCES AND EVENTS, 2024–2025 65
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 68
TABLE 13 STANDARDS 68
TABLE 14 PORTER’S FIVE FORCES ANALYSIS 69
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE APPLICATIONS (%) 71
TABLE 16 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 72
TABLE 17 NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 77
TABLE 18 NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 78
TABLE 19 HARDWARE: NFC MARKET, BY TYPE, 2020–2023 (USD MILLION) 78
TABLE 20 HARDWARE: NFC MARKET, BY TYPE, 2024–2029 (USD MILLION) 78
TABLE 21 NFC MARKET, BY HARDWARE, 2020–2023 (MILLION UNITS) 79
TABLE 22 NFC MARKET, BY HARDWARE, 2024–2029 (MILLION UNITS) 79
TABLE 23 NFC ICS & ANTENNAS: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 80
TABLE 24 NFC ICS & ANTENNAS: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 80
TABLE 25 NFC TAGS: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 81
TABLE 26 NFC TAGS: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 81
TABLE 27 NFC READERS: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 81
TABLE 28 NFC READERS: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 82
TABLE 29 SOFTWARE: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 82
TABLE 30 SOFTWARE: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 83
TABLE 31 NFC MARKET, BY OPERATING MODE, 2020–2023 (USD MILLION) 86
TABLE 32 NFC MARKET, BY OPERATING MODE, 2024–2029 (USD MILLION) 86
TABLE 33 BENEFITS AND FUTURE SCOPE OF NFC DEVICE OPERATING MODES 88
TABLE 34 NFC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 91
TABLE 35 NFC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 91
TABLE 36 RETAIL: NFC MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 92
TABLE 37 RETAIL: NFC MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 92
TABLE 38 RETAIL: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 92
TABLE 39 RETAIL: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 93
TABLE 40 TRANSPORTATION: NFC MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 94
TABLE 41 TRANSPORTATION: NFC MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 94
TABLE 42 TRANSPORTATION: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 94
TABLE 43 TRANSPORTATION: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 94
TABLE 44 AUTOMOTIVE: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 96
TABLE 45 AUTOMOTIVE: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 96
TABLE 46 RESIDENTIAL & COMMERCIAL: NFC MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 96
TABLE 47 RESIDENTIAL & COMMERCIAL: NFC MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 97
TABLE 48 RESIDENTIAL & COMMERCIAL: NFC MARKET, BY REGION,
2020–2023 (USD MILLION) 97
TABLE 49 RESIDENTIAL & COMMERCIAL: NFC MARKET, BY REGION,
2024–2029 (USD MILLION) 97
TABLE 50 HEALTHCARE: NFC MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 98
TABLE 51 HEALTHCARE: NFC MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 98
TABLE 52 HEALTHCARE: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 99
TABLE 53 HEALTHCARE: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 99
TABLE 54 CONSUMER ELECTRONICS: NFC MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 100
TABLE 55 CONSUMER ELECTRONICS: NFC MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 101
TABLE 56 CONSUMER ELECTRONICS: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 101
TABLE 57 CONSUMER ELECTRONICS: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 101
TABLE 58 BANKING & FINANCE: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 103
TABLE 59 BANKING & FINANCE: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 103
TABLE 60 HOSPITALITY: NFC MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 103
TABLE 61 HOSPITALITY: NFC MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 104
TABLE 62 HOSPITALITY: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 63 HOSPITALITY: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 64 OTHER VERTICALS: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 105
TABLE 65 OTHER VERTICALS: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 105
TABLE 66 NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 67 NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 109
TABLE 68 NFC MARKET, BY REGION, 2020–2023 (MILLION UNITS) 109
TABLE 69 NFC MARKET, BY REGION, 2024–2029 (MILLION UNITS) 109
TABLE 70 NORTH AMERICA: NFC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 112
TABLE 71 NORTH AMERICA: NFC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 112
TABLE 72 NORTH AMERICA: NFC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 113
TABLE 73 NORTH AMERICA: NFC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 113
TABLE 74 NORTH AMERICA: NFC MARKET FOR RETAIL, BY APPLICATION,
2020–2023 (USD MILLION) 113
TABLE 75 NORTH AMERICA: NFC MARKET FOR RETAIL, BY APPLICATION,
2024–2029 (USD MILLION) 114
TABLE 76 NORTH AMERICA: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2020–2023 (USD MILLION) 114
TABLE 77 NORTH AMERICA: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2024–2029 (USD MILLION) 114
TABLE 78 NORTH AMERICA: NFC MARKET FOR RESIDENTIAL & COMMERCIAL,
BY APPLICATION, 2020–2023 (USD MILLION) 114
TABLE 79 NORTH AMERICA: NFC MARKET FOR RESIDENTIAL & COMMERCIAL,
BY APPLICATION, 2024–2029 (USD MILLION) 115
TABLE 80 NORTH AMERICA: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2020–2023 (USD MILLION) 115
TABLE 81 NORTH AMERICA: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2024–2029 (USD MILLION) 115
TABLE 82 NORTH AMERICA: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2020–2023 (USD MILLION) 116
TABLE 83 NORTH AMERICA: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2024–2029 (USD MILLION) 116
TABLE 84 NORTH AMERICA: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2020–2023 (USD MILLION) 116
TABLE 85 NORTH AMERICA: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2024–2029 (USD MILLION) 117
TABLE 86 US: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 117
TABLE 87 US: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 118
TABLE 88 CANADA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 118
TABLE 89 CANADA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 118
TABLE 90 MEXICO: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 119
TABLE 91 MEXICO: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 119
TABLE 92 EUROPE: NFC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 122
TABLE 93 EUROPE: NFC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 123
TABLE 94 EUROPE: NFC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 123
TABLE 95 EUROPE: NFC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 124
TABLE 96 EUROPE: NFC MARKET FOR RETAIL, BY APPLICATION, 2020–2023 (USD MILLION) 124
TABLE 97 EUROPE: NFC MARKET FOR RETAIL, BY APPLICATION, 2024–2029 (USD MILLION) 124
TABLE 98 EUROPE: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2020–2023 (USD MILLION) 125
TABLE 99 EUROPE: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2024–2029 (USD MILLION) 125
TABLE 100 EUROPE: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION, 2020–2023 (USD MILLION) 125
TABLE 101 EUROPE: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION, 2024–2029 (USD MILLION) 125
TABLE 102 EUROPE: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2020–2023 (USD MILLION) 126
TABLE 103 EUROPE: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2024–2029 (USD MILLION) 126
TABLE 104 EUROPE: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION,
2020–2023 (USD MILLION) 126
TABLE 105 EUROPE: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION,
2024–2029 (USD MILLION) 127
TABLE 106 EUROPE: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2020–2023 (USD MILLION) 127
TABLE 107 EUROPE: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2024–2029 (USD MILLION) 127
TABLE 108 UK: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 128
TABLE 109 UK: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 128
TABLE 110 GERMANY: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 128
TABLE 111 GERMANY: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 129
TABLE 112 ITALY: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 129
TABLE 113 ITALY: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 129
TABLE 114 FRANCE: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 130
TABLE 115 FRANCE: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 130
TABLE 116 SPAIN: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 131
TABLE 117 SPAIN: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 131
TABLE 118 SWITZERLAND: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 131
TABLE 119 SWITZERLAND: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 131
TABLE 120 NETHERLANDS: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 132
TABLE 121 NETHERLANDS: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 132
TABLE 122 REST OF EUROPE: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 132
TABLE 123 REST OF EUROPE: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 133
TABLE 124 ASIA PACIFIC: NFC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 135
TABLE 125 ASIA PACIFIC: NFC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 136
TABLE 126 ASIA PACIFIC: NFC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 136
TABLE 127 ASIA PACIFIC: NFC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 137
TABLE 128 ASIA PACIFIC: NFC MARKET FOR RETAIL, BY APPLICATION,
2020–2023 (USD MILLION) 137
TABLE 129 ASIA PACIFIC: NFC MARKET FOR RETAIL, BY APPLICATION,
2024–2029 (USD MILLION) 137
TABLE 130 ASIA PACIFIC: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2020–2023 (USD MILLION) 138
TABLE 131 ASIA PACIFIC: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2024–2029 (USD MILLION) 138
TABLE 132 ASIA PACIFIC: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION, 2020–2023 (USD MILLION) 138
TABLE 133 ASIA PACIFIC: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION, 2024–2029 (USD MILLION) 138
TABLE 134 ASIA PACIFIC: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2020–2023 (USD MILLION) 139
TABLE 135 ASIA PACIFIC: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2024–2029 (USD MILLION) 139
TABLE 136 ASIA PACIFIC: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2020–2023 (USD MILLION) 139
TABLE 137 ASIA PACIFIC: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2024–2029 (USD MILLION) 140
TABLE 138 ASIA PACIFIC: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2020–2023 (USD MILLION) 140
TABLE 139 ASIA PACIFIC: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2024–2029 (USD MILLION) 140
TABLE 140 CHINA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 141
TABLE 141 CHINA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 141
TABLE 142 JAPAN: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 141
TABLE 143 JAPAN: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 142
TABLE 144 INDIA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 142
TABLE 145 INDIA: NFC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 142
TABLE 146 SOUTH KOREA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 143
TABLE 147 SOUTH KOREA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 143
TABLE 148 AUSTRALIA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 144
TABLE 149 AUSTRALIA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 144
TABLE 150 INDONESIA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 144
TABLE 151 INDONESIA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 144
TABLE 152 REST OF ASIA PACIFIC: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 145
TABLE 153 REST OF ASIA PACIFIC: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 145
TABLE 154 ROW: NFC MARKET, BY REGION, 2020–2023 (USD MILLION) 146
TABLE 155 ROW: NFC MARKET, BY REGION, 2024–2029 (USD MILLION) 146
TABLE 156 ROW: NFC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 147
TABLE 157 ROW: NFC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 147
TABLE 158 ROW: NFC MARKET FOR RETAIL, BY APPLICATION, 2020–2023 (USD MILLION) 147
TABLE 159 ROW: NFC MARKET FOR RETAIL, BY APPLICATION, 2024–2029 (USD MILLION) 148
TABLE 160 ROW: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2020–2023 (USD MILLION) 148
TABLE 161 ROW: NFC MARKET FOR TRANSPORTATION, BY APPLICATION,
2024–2029 (USD MILLION) 148
TABLE 162 ROW: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION,
2020–2023 (USD MILLION) 148
TABLE 163 ROW: NFC MARKET FOR RESIDENTIAL & COMMERCIAL, BY APPLICATION,
2024–2029 (USD MILLION) 149
TABLE 164 ROW: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2020–2023 (USD MILLION) 149
TABLE 165 ROW: NFC MARKET FOR HEALTHCARE, BY APPLICATION,
2024–2029 (USD MILLION) 149
TABLE 166 ROW: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION,
2020–2023 (USD MILLION) 149
TABLE 167 ROW: NFC MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION,
2024–2029 (USD MILLION) 150
TABLE 168 ROW: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2020–2023 (USD MILLION) 150
TABLE 169 ROW: NFC MARKET FOR HOSPITALITY, BY APPLICATION,
2024–2029 (USD MILLION) 150
TABLE 170 MIDDLE EAST: NFC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 151
TABLE 171 MIDDLE EAST: NFC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 151
TABLE 172 MIDDLE EAST: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 151
TABLE 173 MIDDLE EAST: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 151
TABLE 174 SOUTH AMERICA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 152
TABLE 175 SOUTH AMERICA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 152
TABLE 176 AFRICA: NFC MARKET, BY OFFERING, 2020–2023 (USD MILLION) 153
TABLE 177 AFRICA: NFC MARKET, BY OFFERING, 2024–2029 (USD MILLION) 153
TABLE 178 NFC MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS,
JANUARY 2020–JULY 2024 154
TABLE 179 NFC MARKET: DEGREE OF COMPETITION, 2023 157
TABLE 180 NFC MARKET: REGION FOOTPRINT 164
TABLE 181 NFC MARKET: VERTICAL FOOTPRINT 165
TABLE 182 NFC MARKET: OPERATING MODE FOOTPRINT 166
TABLE 183 NFC MARKET: OFFERING FOOTPRINT 167
TABLE 184 NFC MARKET: DETAILED LIST OF KEY STARTUPS/SMES 170
TABLE 185 NFC MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 170
TABLE 186 NFC MARKET: PRODUCT LAUNCHES, JANUARY 2020–JULY 2024 171
TABLE 187 NFC MARKET: DEALS, JANUARY 2020–JULY 2024 173
TABLE 188 NXP SEMICONDUCTORS: COMPANY OVERVIEW 174
TABLE 189 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 175
TABLE 190 NXP SEMICONDUCTORS: PRODUCT LAUNCHES 176
TABLE 191 BROADCOM: COMPANY OVERVIEW 177
TABLE 192 BROADCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
TABLE 193 QUALCOMM TECHNOLOGIES, INC.: COMPANY OVERVIEW 180
TABLE 194 QUALCOMM TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 182
TABLE 195 QUALCOMM TECHNOLOGIES, INC.: DEALS 182
TABLE 196 TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW 184
TABLE 197 TEXAS INSTRUMENTS INCORPORATED:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 186
TABLE 198 STMICROELECTRONICS: COMPANY OVERVIEW 187
TABLE 199 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
TABLE 200 STMICROELECTRONICS: PRODUCT LAUNCHES 190
TABLE 201 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW 192
TABLE 202 RENESAS ELECTRONICS CORPORATION:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 203 RENESAS ELECTRONICS CORPORATION: DEALS 194
TABLE 204 AMS-OSRAM AG: COMPANY OVERVIEW 195
TABLE 205 AMS-OSRAM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 206 THALES: COMPANY OVERVIEW 197
TABLE 207 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
TABLE 208 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW 199
TABLE 209 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 210 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES 201
TABLE 211 SONY CORPORATION: COMPANY OVERVIEW 202
TABLE 212 SONY CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 213 AVERY DENNISON CORPORATION: COMPANY OVERVIEW 204
TABLE 214 AVERY DENNISON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 215 AVERY DENNISON CORPORATION: PRODUCT LAUNCHES 206
TABLE 216 SAMSUNG: COMPANY OVERVIEW 207
TABLE 217 SAMSUNG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 208
TABLE 218 IDENTIV, INC.: COMPANY OVERVIEW 209
TABLE 219 IDENTIV, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 220 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY OVERVIEW 211
TABLE 221 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
LIST OF FIGURES
FIGURE 1 NFC MARKET SEGMENTATION AND REGIONAL SCOPE 27
FIGURE 2 NFC MARKET: RESEARCH DESIGN 31
FIGURE 3 NFC MARKET: RESEARCH APPROACH 32
FIGURE 4 NFC MARKET: TOP-DOWN APPROACH 37
FIGURE 5 NFC MARKET: BOTTOM-UP APPROACH 38
FIGURE 6 NFC MARKET SIZE ESTIMATION METHODOLOGY 38
FIGURE 7 NFC MARKET: DATA TRIANGULATION 39
FIGURE 8 NFC MARKET: RESEARCH ASSUMPTIONS 40
FIGURE 9 NFC MARKET SIZE, 2020–2029 42
FIGURE 10 HARDWARE SEGMENT TO REGISTER HIGHER CAGR IN NFC MARKET
FROM 2024 TO 2029 43
FIGURE 11 CARD EMULATION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 43
FIGURE 12 BANKING & FINANCE SEGMENT TO EXHIBIT HIGHEST CAGR
DURING FORECAST PERIOD 44
FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF NFC MARKET IN 2023 45
FIGURE 14 RISING TREND TOWARD CONTACTLESS PAYMENT TO CONTRIBUTE
TO MARKET GROWTH 46
FIGURE 15 HARDWARE SEGMENT TO HOLD LARGER SHARE OF NFC MARKET IN 2029 46
FIGURE 16 CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET
DURING FORECAST PERIOD 47
FIGURE 17 CONSUMER ELECTRONICS SEGMENT AND US ACCOUNTED FOR LARGEST SHARES OF NORTH AMERICAN NFC MARKET IN 2023 47
FIGURE 18 INDIA TO RECORD HIGHEST CAGR IN GLOBAL NFC MARKET
DURING FORECAST PERIOD 48
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
FIGURE 20 IMPACT ANALYSIS: DRIVERS 50
FIGURE 21 IMPACT ANALYSIS: RESTRAINTS 51
FIGURE 22 CELLULAR IOT CONNECTIONS, 2023 VS. 2029 52
FIGURE 23 IMPACT ANALYSIS: OPPORTUNITIES 53
FIGURE 24 IMPACT ANALYSIS: CHALLENGES 54
FIGURE 25 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 54
FIGURE 26 AVERAGE SELLING PRICE TREND OF NFC ICS & ANTENNAS
OFFERED BY KEY PLAYERS 55
FIGURE 27 AVERAGE SELLING PRICE TREND OF NFC ICS & ANTENNAS, 2020–2023 56
FIGURE 28 AVERAGE SELLING PRICE TREND OF NFC ICS & ANTENNAS,
BY REGION, 2020−2023 56
FIGURE 29 VALUE CHAIN ANALYSIS 57
FIGURE 30 NFC ECOSYSTEM 58
FIGURE 31 INVESTMENT AND FUNDING SCENARIO, 2017–2022 60
FIGURE 32 PATENTS APPLIED AND GRANTED, 2014–2023 62
FIGURE 33 IMPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 63
FIGURE 34 EXPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 64
FIGURE 35 PORTER’S FIVE FORCES ANALYSIS 69
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE APPLICATIONS 71
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 72
FIGURE 38 NFC MARKET, BY OFFERING 77
FIGURE 39 HARDWARE SEGMENT TO EXHIBIT HIGHER CAGR FROM 2024 TO 2029 77
FIGURE 40 NFC MARKET, BY OPERATING MODE 85
FIGURE 41 CARD EMULATION SEGMENT TO EXHIBIT HIGHEST CAGR IN NFC MARKET
FROM 2024 TO 2029 85
FIGURE 42 NFC MARKET, BY VERTICAL 90
FIGURE 43 CONSUMER ELECTRONICS SEGMENT TO HOLD LARGEST SHARE
DURING FORECAST PERIOD 90
FIGURE 44 NFC MARKET, BY REGION 107
FIGURE 45 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL NFC MARKET
DURING FORECAST PERIOD 108
FIGURE 46 NORTH AMERICA: NFC MARKET SNAPSHOT 111
FIGURE 47 US TO DOMINATE NORTH AMERICAN NFC MARKET DURING FORECAST PERIOD 112
FIGURE 48 EUROPE: NFC MARKET SNAPSHOT 121
FIGURE 49 GERMANY TO DOMINATE EUROPEAN NFC MARKET FROM 2023 TO 2028 122
FIGURE 50 ASIA PACIFIC: NFC MARKET SNAPSHOT 134
FIGURE 51 INDIA TO RECORD HIGHEST CAGR IN ASIA PACIFIC NFC MARKET
BETWEEN 2024 AND 2029 135
FIGURE 52 SOUTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF ROW
NFC MARKET IN 2029 146
FIGURE 53 NFC MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 156
FIGURE 54 MARKET SHARE ANALYSIS OF COMPANIES OFFERING NFC SOLUTIONS, 2023 158
FIGURE 55 COMPANY VALUATION, 2024 159
FIGURE 56 FINANCIAL METRICS (EV/EBITDA), 2024 160
FIGURE 57 PRODUCT COMPARISON 160
FIGURE 58 NFC MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 162
FIGURE 59 NFC MARKET: COMPANY FOOTPRINT 163
FIGURE 60 NFC MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 169
FIGURE 61 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 174
FIGURE 62 BROADCOM: COMPANY SNAPSHOT 178
FIGURE 63 QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT 181
FIGURE 64 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT 185
FIGURE 65 STMICROELECTRONICS: COMPANY SNAPSHOT 188
FIGURE 66 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT 193
FIGURE 67 AMS-OSRAM AG: COMPANY SNAPSHOT 195
FIGURE 68 THALES: COMPANY SNAPSHOT 198
FIGURE 69 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 200
FIGURE 70 SONY CORPORATION: COMPANY SNAPSHOT 202
FIGURE 71 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT 205
FIGURE 72 SAMSUNG: COMPANY SNAPSHOT 208
FIGURE 73 IDENTIV, INC.: COMPANY SNAPSHOT 210
FIGURE 74 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY SNAPSHOT 211
