Near Field Communication Chip Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

NFC is a form of wireless communication between devices such as smartphones, tablets, laptops and so on. The NFC technology is basically used for short range (up to 10 cm) of communication and data sharing. NFC utilizes electromagnetic radio fields while other technologies such as Bluetooth and Wi-Fi are focused on radio transmissions. NFC technology enables contactless communication which allows a user to send information by waving the smartphone over an NFC compatible device without needing to touch the devices. High use of smartphones along with the increasing trend of M-commerce are the main factors that are driving the market growth.

The key players contributing to the global NFC market are Apple Inc., Broadcom Inc., Gemalto N.V., Huawei Technologies Co., Ltd., Infineon Technologies AG, NXP Semiconductors N.V., and so on.

Segment by Type, the Near Field Communication Chips (NFC) market is segmented into

• 64 Bytes
• 168 Bytes
• Others

Segment by Application, the Near Field Communication Chips (NFC) market is segmented into

• Consumer Electronics
• Automotive
• Medical
• Others

Scope of the Report

The research study analyzes the global Near Field Communication Chip industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Near Field Communication Chip Market Report

1. What was the Near Field Communication Chip Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of Near Field Communication Chip Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Near Field Communication Chip Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.