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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

  • 227 Pages
  • October 2024
  • Region: Global
  • Markets and Markets
  • ID: 6025070
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. 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
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.2.1 List of Key Secondary Sources
2.1.2.2 Key Data from Secondary Sources
2.1.3 Primary Data
2.1.3.1 List of Primary Interview Participants
2.1.3.2 Key Data from Primary Sources
2.1.3.3 Key Industry Insights
2.1.3.4 Breakdown of Primaries
2.2 Market Size Estimation Methodology
2.2.1 Top-Down Approach
2.2.1.1 Approach to Arrive at Market Size Using Top-Down Analysis (Supply Side)
2.2.2 Bottom-Up Approach
2.2.2.1 Approach to Arrive at Market Size Using Bottom-Up Analysis (Demand Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations
2.6 Risk Analysis
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Nfc Market
4.2 Nfc Market, by Offering
4.3 Nfc Market, by Vertical
4.4 Nfc Market in North America, by Vertical and Country
4.5 Nfc Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Interest in Mobile Commerce
5.2.1.2 Mounting Demand for Smart Wearables and IoT Devices
5.2.2 Restraints
5.2.2.1 Availability of Alternative Technologies for Contactless Applications
5.2.3 Opportunities
5.2.3.1 Rapid Urbanization in Emerging Economies
5.2.3.2 Reliance on PoS Systems and Smart Posters to Enhance Shopping Experiences
5.2.3.3 Implementation of Electronic Shelf Labels in Retail Stores
5.2.3.4 Rise in Cellular IoT Connections
5.2.4 Challenges
5.2.4.1 Lack of Awareness About Nfc Benefits
5.2.4.2 Security Concerns Related to Contactless Payments
5.3 Trends/Disruptions Impacting Customer Business
5.4 Pricing Analysis
5.4.1 Average Selling Price Trend of Key Players, by Hardware Type
5.4.2 Average Selling Price Trend, by Hardware Type
5.5 Value Chain Analysis
5.6 Ecosystem Analysis
5.7 Investment and Funding Scenario
5.8 Technology Analysis
5.8.1 Key Technologies
5.8.1.1 Nfc-Enabled Wearables
5.8.2 Complementary Technologies
5.8.2.1 Internet of Things (IoT)
5.8.3 Adjacent Technologies
5.8.3.1 Radio-Frequency Identification (RFID)
5.9 Patent Analysis
5.10 Trade Analysis
5.10.1 Import Scenario (HS Code 852352)
5.10.2 Export Scenario (HS Code 852352)
5.11 Key Conferences and Events, 2024-2025
5.12 Case Study
5.12.1 Oneid Develops User-Friendly App to Optimize Nfc Reading for Id Documents and Ensure Secure Data Transmission
5.12.2 Nike Integrates Nfc Technology to Increase Sales and Customer Engagement
5.12.3 Barbadillo Adopts Nfc Tags to Increase Customer Engagement and Sales
5.13 Regulatory Landscape
5.13.1 Regulatory Bodies, Government Agencies, And Other Organizations
5.13.2 Standards
5.14 Porter's Five Forces Analysis
5.14.1 Bargaining Power of Suppliers
5.14.2 Bargaining Power of Buyers
5.14.3 Threat of New Entrants
5.14.4 Threat of Substitutes
5.14.5 Intensity of Competitive Rivalry
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
5.15.2 Buying Criteria
5.16 Impact of AI/Gen AI on Nfc Market
5.16.1 Introduction
5.16.2 AI/Gen AI Impact on Key Nfc Applications
5.16.2.1 Retail
5.16.2.2 Consumer Electronics
5.16.3 Use Cases
5.16.4 Key Companies Implementing AI/Gen AI
5.16.5 Future of AI/Gen AI in Nfc Ecosystem
6 Nfc Signaling Technologies
6.1 Introduction
6.2 Nfc-A
6.3 Nfc-B
6.4 Nfc-F
7 Nfc Market, by Offering
7.1 Introduction
7.2 Hardware
7.2.1 Nfc Ics & Antennas
7.2.1.1 Emphasis on Ensuring Proper Electrical Interface and Maximizing Power Transfer to Bolster Segmental Growth
7.2.2 Nfc Tags
7.2.2.1 Ability to Identify Proximity and Vicinity to Contribute to Segmental Growth
7.2.3 Nfc Readers
7.2.3.1 Emphasis on Seamless Communication and Data Exchange Among Devices to Foster Segmental Growth
7.3 Software
7.3.1 Ease of Use and Functionality in Routers, Infotainment Systems, and Consumer Electronics to Drive Market
8 Nfc Market, by Operating Mode
8.1 Introduction
8.2 Card Emulation
8.2.1 Increasing Use to Convert Nfc Devices to Contactless Smart Cards to Boost Segmental Growth
8.3 Reader Emulation
8.3.1 Rising Adoption to Read Data from Mandated Nfc Tags to Fuel Segmental Growth
8.4 Peer-To-Peer
8.4.1 Ability to Offer Link-Level Communication Between Two Nfc Devices to Accelerate Segmental Growth
9 Nfc Market, by Vertical
9.1 Introduction
9.2 Retail
9.2.1 Product Identification
9.2.1.1 Increasing Need to Identify Product Location and Availability in Retail Stores to Foster Segmental Growth
9.2.2 Payment & Transaction
9.2.2.1 Growing Adoption of Nfc-Enabled Devices as Contactless Cards to Expedite Segmental Growth
9.3 Transportation
9.3.1 Ticketing
9.3.1.1 Strong Focus on Convenience and Security in Ticketing Process to Augment Segmental Growth
9.3.2 Access Control
9.3.2.1 Ability of Nfc to Reduce Cash Handling to Contribute to Segmental Growth
9.4 Automotive
9.4.1 Rising Deployment in Access Control and In-Car Infotainment Applications to Boost Segmental Growth
9.5 Residential & Commercial
9.5.1 Access Control
9.5.1.1 Reliance on Nfc to Offer Physical Access Control in Buildings to Fuel Segmental Growth
9.5.2 Time & Attendance
9.5.2.1 Requirement to Keep Track of In-Time and Out-Time in Commercial Sector to Augment Segmental Growth
9.5.3 Home Automation
9.5.3.1 Use of Smart Lighting Solutions with Wireless Switch Capabilities to Boost Segmental Growth
9.6 Healthcare
9.6.1 Patient Identification
9.6.1.1 Increasing Deployment of Nfc Tags to Secure Access to Healthcare Information to Bolster Segmental Growth
9.6.2 Product Identification
9.6.2.1 Growing Preference for Remote Patient Monitoring to Augment Segmental Growth
9.6.3 Access Control
9.6.3.1 Rising Need to Identify Patient Health Cards and Other Medical Items to Expedite Segmental Growth
9.7 Consumer Electronics
9.7.1 Wearable Devices
9.7.1.1 Ability to Interact with Nfc-Enabled Devices to Fuel Segmental Growth
9.7.2 Mobile Phones/Tablets
9.7.2.1 Adoption of Home Automation and Control Solutions to Bolster Segmental Growth
9.7.3 Laptops/Personal Computers
9.7.3.1 Growing Popularity of Touchless Laptops to Contribute to Segmental Growth
9.7.4 Other Consumer Electronics
9.8 Banking & Finance
9.8.1 Reliance on Advanced Technologies to Enhance Security to Boost Segmental Growth
9.9 Hospitality
9.9.1 Access Control
9.9.1.1 Rising Awareness About Benefits of Nfc-Enabled Smartphones in Check-In Process in Hotels to Drive Market
9.9.2 Payment & Transaction
9.9.2.1 Growing Preference for Contactless Payment to Contribute to Segmental Growth
9.10 Other Verticals
10 Nfc Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Macroeconomic Outlook for North America
10.2.2 US
10.2.2.1 Increasing Adoption of Smart City Initiatives to Accelerate Market Growth
10.2.3 Canada
10.2.3.1 Rising Deployment of Advanced Communication Technologies to Improve Enterprise Efficiency to Fuel Market Growth
10.2.4 Mexico
10.2.4.1 Growing Interest Toward Digital Payments to Contribute to Market Growth
10.3 Europe
10.3.1 Macroeconomic Outlook for Europe
10.3.2 UK
10.3.2.1 Rising Awareness About Contactless Payment Systems to Augment Market Growth
10.3.3 Germany
10.3.3.1 Increasing Access of Payment Service Providers to Nfc Antennas to Bolster Market Growth
10.3.4 Italy
10.3.4.1 Rapid Digitalization and Adoption of Contactless Payments to Expedite Market Growth
10.3.5 France
10.3.5.1 Growing Demand for Advanced Technologies to Allow Dynamic Pricing and Real-Time Product Positioning to Drive Market
10.3.6 Spain
10.3.6.1 Rising Implementation of Biometric Security Payment Solutions to Accelerate Market Growth
10.3.7 Switzerland
10.3.7.1 Growing Focus on Secure Payment Networks and Reliable Connectivity to Foster Market Growth
10.3.8 Netherlands
10.3.8.1 Rising Emphasis on Security and Privacy to Contribute to Market Growth
10.3.9 Rest of Europe
10.4 Asia-Pacific
10.4.1 Macroeconomic Outlook for Asia-Pacific
10.4.2 China
10.4.2.1 Growing Focus on Expanding Public Transportation to Boost Market Growth
10.4.3 Japan
10.4.3.1 Rising Trend for E-Money Smart Cards Powered by Nfc Technology to Drive Market
10.4.4 India
10.4.4.1 Increasing Use of Nfc-Enabled Contactless Credit Cards to Fuel Market Growth
10.4.5 South Korea
10.4.5.1 Mounting Demand for High-End Smartphones to Contribute to Market Growth
10.4.6 Australia
10.4.6.1 Growing Adoption of Contactless Payment Methods to Bolster Market Growth
10.4.7 Indonesia
10.4.7.1 Rising Focus on Digital Infrastructure Development to Fuel Market Growth
10.4.8 Rest of Asia-Pacific
10.5 RoW
10.5.1 Macroeconomic Outlook for RoW
10.5.2 Middle East
10.5.2.1 Burgeoning Demand for Nfc-Enabled Smartphones to Accelerate Market Growth
10.5.2.2 GCC Countries
10.5.2.3 Rest of Middle East
10.5.3 South America
10.5.3.1 Increasing Smartphone Penetration and Mobile Payments To Drive Market
10.5.4 Africa
10.5.4.1 Rising Preference for Payments Using Contactless Cards to Contribute to Market Growth
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win, 2020-2024
11.3 Revenue Analysis, 2019-2023
11.4 Market Share Analysis, 2023
11.5 Company Valuation and Financial Metrics, 2024
11.6 Product Comparison
11.7 Company Evaluation Matrix: Key Players, 2023
11.7.1 Stars
11.7.2 Emerging Leaders
11.7.3 Pervasive Players
11.7.4 Participants
11.7.5 Company Footprint: Key Players, 2023
11.7.5.1 Company Footprint
11.7.5.2 Region Footprint
11.7.5.3 Vertical Footprint
11.7.5.4 Operating Mode Footprint
11.7.5.5 Offering Footprint
11.8 Company Evaluation Matrix: Startups/SMEs, 2023
11.8.1 Progressive Companies
11.8.2 Responsive Companies
11.8.3 Dynamic Companies
11.8.4 Starting Blocks
11.8.5 Competitive Benchmarking: Startups/SMEs, 2023
11.8.5.1 Detailed List of Key Startups/SMEs
11.8.5.2 Competitive Benchmarking of Key Startups/SMEs
11.9 Competitive Scenario
11.9.1 Product Launches
11.9.2 Deals
12 Company Profiles
12.1 Key Players
12.1.1 Nxp Semiconductors
12.1.1.1 Business Overview
12.1.1.2 Products/Solutions/Services Offered
12.1.1.3 Recent Developments
12.1.1.3.1 Product Launches
12.1.1.4 Analyst's View
12.1.1.4.1 Key Strengths/Right to Win
12.1.1.4.2 Strategic Choices
12.1.1.4.3 Weaknesses/Competitive Threats
12.1.2 Broadcom
12.1.2.1 Business Overview
12.1.2.2 Products/Solutions/Services Offered
12.1.2.3 Analyst's View
12.1.2.3.1 Key Strengths/Right to Win
12.1.2.3.2 Strategic Choices
12.1.2.3.3 Weaknesses/Competitive Threats
12.1.3 Qualcomm Technologies, Inc.
12.1.3.1 Business Overview
12.1.3.2 Products/Solutions/Services Offered
12.1.3.3 Recent Developments
12.1.3.3.1 Deals
12.1.3.4 Analyst's View
12.1.3.4.1 Key Strengths/Right to Win
12.1.3.4.2 Strategic Choices
12.1.3.4.3 Weaknesses/Competitive Threats
12.1.4 Texas Instruments Incorporated
12.1.4.1 Business Overview
12.1.4.2 Products/Solutions/Services Offered
12.1.4.3 Analyst's View
12.1.4.3.1 Key Strengths/Right to Win
12.1.4.3.2 Strategic Choices
12.1.4.3.3 Weaknesses/Competitive Threats
12.1.5 Stmicroelectronics
12.1.5.1 Business Overview
12.1.5.2 Products/Solutions/Services Offered
12.1.5.3 Recent Developments
12.1.5.3.1 Product Launches
12.1.5.4 Analyst's View
12.1.5.4.1 Key Strengths/Right to Win
12.1.5.4.2 Strategic Choices
12.1.5.4.3 Weaknesses/Competitive Threats
12.1.6 Renesas Electronics Corporation
12.1.6.1 Business Overview
12.1.6.2 Products/Solutions/Services Offered
12.1.6.3 Recent Developments
12.1.6.3.1 Deals
12.1.7 Ams-Osram AG
12.1.7.1 Business Overview
12.1.7.2 Products/Solutions/Services Offered
12.1.8 Thales
12.1.8.1 Business Overview
12.1.8.2 Products/Solutions/Services Offered
12.1.9 Infineon Technologies AG
12.1.9.1 Business Overview
12.1.9.2 Products/Solutions/Services Offered
12.1.9.3 Recent Developments
12.1.9.3.1 Product Launches
12.1.10 Sony Corporation
12.1.10.1 Business Overview
12.1.10.2 Products/Solutions/Services Offered
12.1.11 Avery Dennison Corporation
12.1.11.1 Business Overview
12.1.11.2 Products/Solutions/Services Offered
12.1.11.3 Recent Developments
12.1.11.3.1 Product Launches
12.1.12 Samsung
12.1.12.1 Business Overview
12.1.12.2 Products/Solutions/Services Offered
12.1.13 Identiv, Inc.
12.1.13.1 Business Overview
12.1.13.2 Products/Solutions/Services Offered
12.1.14 Semiconductor Components Industries, LLC
12.1.14.1 Business Overview
12.1.14.2 Products/Solutions/Services Offered
12.2 Other Players
12.2.1 Flomio, Inc.
12.2.2 Shanghai Fudan Microelectronics Group Co. Ltd.
12.2.3 Hid Global Corporation
12.2.4 Resource Label Group, LLC
12.2.5 Premier Labels UK
12.2.6 Advanced Card Systems Ltd.
12.2.7 Cryptera
12.2.8 Perfect Id
12.2.9 Id Tech
12.2.10 Omnia Technologies Pvt. Ltd.
12.2.11 Elatec GmbH
13 Appendix
13.1 Insights from Industry Experts
13.2 Discussion Guide
13.3 Knowledgestore: The Subscription Portal
13.4 Customization Options
List of Tables
Table 1 Nfc Market: Risk Analysis
Table 2 Average Selling Pricing Trend of Nfc Ics & Antennas Offered By Key Players, 2020-2023 (USD)
Table 3 Average Selling Price Trend of Nfc Ics & Antennas, 2020-2023 (USD)
Table 4 Role of Companies in Nfc Ecosystem
Table 5 List of Major Patents, 2023
Table 6 Import Data for HS Code 852352-Compliant Products, by Country, 2019-2023 (USD Million)
Table 7 Export Data for HS Code 852352-Compliant Products, by Country, 2019-2023 (USD Million)
Table 8 List of Key Conferences and Events, 2024-2025
Table 9 North America: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 10 Europe: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 11 Asia-Pacific: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 RoW: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 13 Standards
Table 14 Porter's Five Forces Analysis
Table 15 Influence of Stakeholders on Buying Process for Top Three Applications (%)
Table 16 Key Buying Criteria for Top Three Applications
Table 17 Nfc Market, by Offering, 2020-2023 (USD Million)
Table 18 Nfc Market, by Offering, 2024-2029 (USD Million)
Table 19 Hardware: Nfc Market, by Type, 2020-2023 (USD Million)
Table 20 Hardware: Nfc Market, by Type, 2024-2029 (USD Million)
Table 21 Nfc Market, by Hardware, 2020-2023 (Million Units)
Table 22 Nfc Market, by Hardware, 2024-2029 (Million Units)
Table 23 Nfc Ics & Antennas: Nfc Market, by Region, 2020-2023 (USD Million)
Table 24 Nfc Ics & Antennas: Nfc Market, by Region, 2024-2029 (USD Million)
Table 25 Nfc Tags: Nfc Market, by Region, 2020-2023 (USD Million)
Table 26 Nfc Tags: Nfc Market, by Region, 2024-2029 (USD Million)
Table 27 Nfc Readers: Nfc Market, by Region, 2020-2023 (USD Million)
Table 28 Nfc Readers: Nfc Market, by Region, 2024-2029 (USD Million)
Table 29 Software: Nfc Market, by Region, 2020-2023 (USD Million)
Table 30 Software: Nfc Market, by Region, 2024-2029 (USD Million)
Table 31 Nfc Market, by Operating Mode, 2020-2023 (USD Million)
Table 32 Nfc Market, by Operating Mode, 2024-2029 (USD Million)
Table 33 Benefits and Future Scope of Nfc Device Operating Modes
Table 34 Nfc Market, by Vertical, 2020-2023 (USD Million)
Table 35 Nfc Market, by Vertical, 2024-2029 (USD Million)
Table 36 Retail: Nfc Market, by Application, 2020-2023 (USD Million)
Table 37 Retail: Nfc Market, by Application, 2024-2029 (USD Million)
Table 38 Retail: Nfc Market, by Region, 2020-2023 (USD Million)
Table 39 Retail: Nfc Market, by Region, 2024-2029 (USD Million)
Table 40 Transportation: Nfc Market, by Application, 2020-2023 (USD Million)
Table 41 Transportation: Nfc Market, by Application, 2024-2029 (USD Million)
Table 42 Transportation: Nfc Market, by Region, 2020-2023 (USD Million)
Table 43 Transportation: Nfc Market, by Region, 2024-2029 (USD Million)
Table 44 Automotive: Nfc Market, by Region, 2020-2023 (USD Million)
Table 45 Automotive: Nfc Market, by Region, 2024-2029 (USD Million)
Table 46 Residential & Commercial: Nfc Market, by Application, 2020-2023 (USD Million)
Table 47 Residential & Commercial: Nfc Market, by Application, 2024-2029 (USD Million)
Table 48 Residential & Commercial: Nfc Market, by Region, 2020-2023 (USD Million)
Table 49 Residential & Commercial: Nfc Market, by Region, 2024-2029 (USD Million)
Table 50 Healthcare: Nfc Market, by Application, 2020-2023 (USD Million)
Table 51 Healthcare: Nfc Market, by Application, 2024-2029 (USD Million)
Table 52 Healthcare: Nfc Market, by Region, 2020-2023 (USD Million)
Table 53 Healthcare: Nfc Market, by Region, 2024-2029 (USD Million)
Table 54 Consumer Electronics: Nfc Market, by Product, 2020-2023 (USD Million)
Table 55 Consumer Electronics: Nfc Market, by Product, 2024-2029 (USD Million)
Table 56 Consumer Electronics: Nfc Market, by Region, 2020-2023 (USD Million)
Table 57 Consumer Electronics: Nfc Market, by Region, 2024-2029 (USD Million)
Table 58 Banking & Finance: Nfc Market, by Region, 2020-2023 (USD Million)
Table 59 Banking & Finance: Nfc Market, by Region, 2024-2029 (USD Million)
Table 60 Hospitality: Nfc Market, by Application, 2020-2023 (USD Million)
Table 61 Hospitality: Nfc Market, by Application, 2024-2029 (USD Million)
Table 62 Hospitality: Nfc Market, by Region, 2020-2023 (USD Million)
Table 63 Hospitality: Nfc Market, by Region, 2024-2029 (USD Million)
Table 64 Other Verticals: Nfc Market, by Region, 2020-2023 (USD Million)
Table 65 Other Verticals: Nfc Market, by Region, 2024-2029 (USD Million)
Table 66 Nfc Market, by Region, 2020-2023 (USD Million)
Table 67 Nfc Market, by Region, 2024-2029 (USD Million)
Table 68 Nfc Market, by Region, 2020-2023 (Million Units)
Table 69 Nfc Market, by Region, 2024-2029 (Million Units)
Table 70 North America: Nfc Market, by Country, 2020-2023 (USD Million)
Table 71 North America: Nfc Market, by Country, 2024-2029 (USD Million)
Table 72 North America: Nfc Market, by Vertical, 2020-2023 (USD Million)
Table 73 North America: Nfc Market, by Vertical, 2024-2029 (USD Million)
Table 74 North America: Nfc Market for Retail, by Application, 2020-2023 (USD Million)
Table 75 North America: Nfc Market for Retail, by Application, 2024-2029 (USD Million)
Table 76 North America: Nfc Market for Transportation, by Application, 2020-2023 (USD Million)
Table 77 North America: Nfc Market for Transportation, by Application, 2024-2029 (USD Million)
Table 78 North America: Nfc Market for Residential & Commercial, By Application, 2020-2023 (USD Million)
Table 79 North America: Nfc Market for Residential & Commercial, By Application, 2024-2029 (USD Million)
Table 80 North America: Nfc Market for Healthcare, by Application, 2020-2023 (USD Million)
Table 81 North America: Nfc Market for Healthcare, by Application, 2024-2029 (USD Million)
Table 82 North America: Nfc Market for Consumer Electronics, by Application, 2020-2023 (USD Million)
Table 83 North America: Nfc Market for Consumer Electronics, by Application, 2024-2029 (USD Million)
Table 84 North America: Nfc Market for Hospitality, by Application, 2020-2023 (USD Million)
Table 85 North America: Nfc Market for Hospitality, by Application, 2024-2029 (USD Million)
Table 86 US: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 87 US: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 88 Canada: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 89 Canada: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 90 Mexico: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 91 Mexico: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 92 Europe: Nfc Market, by Country, 2020-2023 (USD Million)
Table 93 Europe: Nfc Market, by Country, 2024-2029 (USD Million)
Table 94 Europe: Nfc Market, by Vertical, 2020-2023 (USD Million)
Table 95 Europe: Nfc Market, by Vertical, 2024-2029 (USD Million)
Table 96 Europe: Nfc Market for Retail, by Application, 2020-2023 (USD Million)
Table 97 Europe: Nfc Market for Retail, by Application, 2024-2029 (USD Million)
Table 98 Europe: Nfc Market for Transportation, by Application, 2020-2023 (USD Million)
Table 99 Europe: Nfc Market for Transportation, by Application, 2024-2029 (USD Million)
Table 100 Europe: Nfc Market for Residential & Commercial, by Application, 2020-2023 (USD Million)
Table 101 Europe: Nfc Market for Residential & Commercial, by Application, 2024-2029 (USD Million)
Table 102 Europe: Nfc Market for Healthcare, by Application, 2020-2023 (USD Million)
Table 103 Europe: Nfc Market for Healthcare, by Application, 2024-2029 (USD Million)
Table 104 Europe: Nfc Market for Consumer Electronics, by Application, 2020-2023 (USD Million)
Table 105 Europe: Nfc Market for Consumer Electronics, by Application, 2024-2029 (USD Million)
Table 106 Europe: Nfc Market for Hospitality, by Application, 2020-2023 (USD Million)
Table 107 Europe: Nfc Market for Hospitality, by Application, 2024-2029 (USD Million)
Table 108 UK: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 109 UK: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 110 Germany: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 111 Germany: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 112 Italy: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 113 Italy: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 114 France: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 115 France: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 116 Spain: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 117 Spain: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 118 Switzerland: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 119 Switzerland: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 120 Netherlands: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 121 Netherlands: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 122 Rest of Europe: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 123 Rest of Europe: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 124 Asia-Pacific: Nfc Market, by Country, 2020-2023 (USD Million)
Table 125 Asia-Pacific: Nfc Market, by Country, 2024-2029 (USD Million)
Table 126 Asia-Pacific: Nfc Market, by Vertical, 2020-2023 (USD Million)
Table 127 Asia-Pacific: Nfc Market, by Vertical, 2024-2029 (USD Million)
Table 128 Asia-Pacific: Nfc Market for Retail, by Application, 2020-2023 (USD Million)
Table 129 Asia-Pacific: Nfc Market for Retail, by Application, 2024-2029 (USD Million)
Table 130 Asia-Pacific: Nfc Market for Transportation, by Application, 2020-2023 (USD Million)
Table 131 Asia-Pacific: Nfc Market for Transportation, by Application, 2024-2029 (USD Million)
Table 132 Asia-Pacific: Nfc Market for Residential & Commercial, by Application, 2020-2023 (USD Million)
Table 133 Asia-Pacific: Nfc Market for Residential & Commercial, by Application, 2024-2029 (USD Million)
Table 134 Asia-Pacific: Nfc Market for Healthcare, by Application, 2020-2023 (USD Million)
Table 135 Asia-Pacific: Nfc Market for Healthcare, by Application, 2024-2029 (USD Million)
Table 136 Asia-Pacific: Nfc Market for Consumer Electronics, by Application, 2020-2023 (USD Million)
Table 137 Asia-Pacific: Nfc Market for Consumer Electronics, by Application, 2024-2029 (USD Million)
Table 138 Asia-Pacific: Nfc Market for Hospitality, by Application, 2020-2023 (USD Million)
Table 139 Asia-Pacific: Nfc Market for Hospitality, by Application, 2024-2029 (USD Million)
Table 140 China: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 141 China: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 142 Japan: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 143 Japan: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 144 India: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 145 India: Nfc Market, by Country, 2024-2029 (USD Million)
Table 146 South Korea: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 147 South Korea: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 148 Australia: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 149 Australia: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 150 Indonesia: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 151 Indonesia: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 152 Rest of Asia-Pacific: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 153 Rest of Asia-Pacific: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 154 RoW: Nfc Market, by Region, 2020-2023 (USD Million)
Table 155 RoW: Nfc Market, by Region, 2024-2029 (USD Million)
Table 156 RoW: Nfc Market, by Vertical, 2020-2023 (USD Million)
Table 157 RoW: Nfc Market, by Vertical, 2024-2029 (USD Million)
Table 158 RoW: Nfc Market for Retail, by Application, 2020-2023 (USD Million)
Table 159 RoW: Nfc Market for Retail, by Application, 2024-2029 (USD Million)
Table 160 RoW: Nfc Market for Transportation, by Application, 2020-2023 (USD Million)
Table 161 RoW: Nfc Market for Transportation, by Application, 2024-2029 (USD Million)
Table 162 RoW: Nfc Market for Residential & Commercial, by Application, 2020-2023 (USD Million)
Table 163 RoW: Nfc Market for Residential & Commercial, by Application, 2024-2029 (USD Million)
Table 164 RoW: Nfc Market for Healthcare, by Application, 2020-2023 (USD Million)
Table 165 RoW: Nfc Market for Healthcare, by Application, 2024-2029 (USD Million)
Table 166 RoW: Nfc Market for Consumer Electronics, by Application, 2020-2023 (USD Million)
Table 167 RoW: Nfc Market for Consumer Electronics, by Application, 2024-2029 (USD Million)
Table 168 RoW: Nfc Market for Hospitality, by Application, 2020-2023 (USD Million)
Table 169 RoW: Nfc Market for Hospitality, by Application, 2024-2029 (USD Million)
Table 170 Middle East: Nfc Market, by Country, 2020-2023 (USD Million)
Table 171 Middle East: Nfc Market, by Country, 2024-2029 (USD Million)
Table 172 Middle East: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 173 Middle East: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 174 South America: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 175 South America: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 176 Africa: Nfc Market, by Offering, 2020-2023 (USD Million)
Table 177 Africa: Nfc Market, by Offering, 2024-2029 (USD Million)
Table 178 Nfc Market: Overview of Strategies Adopted by Key Players, January 2020-July 2024
Table 179 Nfc Market: Degree of Competition, 2023
Table 180 Nfc Market: Region Footprint
Table 181 Nfc Market: Vertical Footprint
Table 182 Nfc Market: Operating Mode Footprint
Table 183 Nfc Market: Offering Footprint
Table 184 Nfc Market: Detailed List of Key Startups/SMEs
Table 185 Nfc Market: Competitive Benchmarking of Key Startups/SMEs
Table 186 Nfc Market: Product Launches, January 2020-July 2024
Table 187 Nfc Market: Deals, January 2020-July 2024
Table 188 Nxp Semiconductors: Company Overview
Table 189 Nxp Semiconductors: Products/Solutions/Services Offered
Table 190 Nxp Semiconductors: Product Launches
Table 191 Broadcom: Company Overview
Table 192 Broadcom: Products/Solutions/Services Offered
Table 193 Qualcomm Technologies, Inc.: Company Overview
Table 194 Qualcomm Technologies, Inc.: Products/Solutions/Services Offered
Table 195 Qualcomm Technologies, Inc.: Deals
Table 196 Texas Instruments Incorporated: Company Overview
Table 197 Texas Instruments Incorporated: Products/Solutions/Services Offered
Table 198 Stmicroelectronics: Company Overview
Table 199 Stmicroelectronics: Products/Solutions/Services Offered
Table 200 Stmicroelectronics: Product Launches
Table 201 Renesas Electronics Corporation: Company Overview
Table 202 Renesas Electronics Corporation: Products/Solutions/Services Offered
Table 203 Renesas Electronics Corporation: Deals
Table 204 Ams-Osram AG: Company Overview
Table 205 Ams-Osram AG: Products/Solutions/Services Offered
Table 206 Thales: Company Overview
Table 207 Thales: Products/Solutions/Services Offered
Table 208 Infineon Technologies AG: Company Overview
Table 209 Infineon Technologies AG: Products/Solutions/Services Offered
Table 210 Infineon Technologies AG: Product Launches
Table 211 Sony Corporation: Company Overview
Table 212 Sony Corporation: Products/Solutions/Services Offered
Table 213 Avery Dennison Corporation: Company Overview
Table 214 Avery Dennison Corporation: Products/Solutions/Services Offered
Table 215 Avery Dennison Corporation: Product Launches
Table 216 Samsung: Company Overview
Table 217 Samsung: Products/Solutions/Services Offered
Table 218 Identiv, Inc.: Company Overview
Table 219 Identiv, Inc.: Products/Solutions/Services Offered
Table 220 Semiconductor Components Industries, LLC: Company Overview
Table 221 Semiconductor Components Industries, LLC: Products/Solutions/Services Offered
List of Figures
Figure 1 Nfc Market Segmentation and Regional Scope
Figure 2 Nfc Market: Research Design
Figure 3 Nfc Market: Research Approach
Figure 4 Nfc Market: Top-Down Approach
Figure 5 Nfc Market: Bottom-Up Approach
Figure 6 Nfc Market Size Estimation Methodology
Figure 7 Nfc Market: Data Triangulation
Figure 8 Nfc Market: Research Assumptions
Figure 9 Nfc Market Size, 2020-2029
Figure 10 Hardware Segment to Register Higher CAGR in Nfc Market From 2024 to 2029
Figure 11 Card Emulation Segment to Hold Largest Market Share in 2024
Figure 12 Banking & Finance Segment to Exhibit Highest CAGR During Forecast Period
Figure 13 Asia-Pacific Accounted for Largest Share of Nfc Market in 2023
Figure 14 Rising Trend Toward Contactless Payment to Contribute To Market Growth
Figure 15 Hardware Segment to Hold Larger Share of Nfc Market in 2029
Figure 16 Consumer Electronics Segment to Dominate Market During Forecast Period
Figure 17 Consumer Electronics Segment and US Accounted for Largest Shares of North American Nfc Market in 2023
Figure 18 India to Record Highest CAGR in Global Nfc Market During Forecast Period
Figure 19 Drivers, Restraints, Opportunities, and Challenges
Figure 20 Impact Analysis: Drivers
Figure 21 Impact Analysis: Restraints
Figure 22 Cellular IoT Connections, 2023 vs. 2029
Figure 23 Impact Analysis: Opportunities
Figure 24 Impact Analysis: Challenges
Figure 25 Trends/Disruptions Influencing Customer Business
Figure 26 Average Selling Price Trend of Nfc Ics & Antennas Offered by Key Players
Figure 27 Average Selling Price Trend of Nfc Ics & Antennas, 2020-2023
Figure 28 Average Selling Price Trend of Nfc Ics & Antennas, By Region, 2020-2023
Figure 29 Value Chain Analysis
Figure 30 Nfc Ecosystem
Figure 31 Investment and Funding Scenario, 2017-2022
Figure 32 Patents Applied and Granted, 2014-2023
Figure 33 Import Data for HS Code 852352-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 34 Export Data for HS Code 852352-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 35 Porter's Five Forces Analysis
Figure 36 Influence of Stakeholders on Buying Process for Top Three Applications
Figure 37 Key Buying Criteria for Top Three Applications
Figure 38 Nfc Market, by Offering
Figure 39 Hardware Segment to Exhibit Higher CAGR from 2024 to 2029
Figure 40 Nfc Market, by Operating Mode
Figure 41 Card Emulation Segment to Exhibit Highest CAGR in Nfc Market From 2024 to 2029
Figure 42 Nfc Market, by Vertical
Figure 43 Consumer Electronics Segment to Hold Largest Share During Forecast Period
Figure 44 Nfc Market, by Region
Figure 45 India to Exhibit Highest CAGR in Global Nfc Market During Forecast Period
Figure 46 North America: Nfc Market Snapshot
Figure 47 US to Dominate North American Nfc Market During Forecast Period
Figure 48 Europe: Nfc Market Snapshot
Figure 49 Germany to Dominate European Nfc Market from 2023 to 2028
Figure 50 Asia-Pacific: Nfc Market Snapshot
Figure 51 India to Record Highest CAGR in Asia-Pacific Nfc Market Between 2024 and 2029
Figure 52 South America to Account for Largest Share of RoW Nfc Market in 2029
Figure 53 Nfc Market: Revenue Analysis of Five Key Players, 2019-2023
Figure 54 Market Share Analysis of Companies Offering Nfc Solutions, 2023
Figure 55 Company Valuation, 2024
Figure 56 Financial Metrics (EV/EBITDA), 2024
Figure 57 Product Comparison
Figure 58 Nfc Market: Company Evaluation Matrix (Key Players), 2023
Figure 59 Nfc Market: Company Footprint
Figure 60 Nfc Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 61 Nxp Semiconductors: Company Snapshot
Figure 62 Broadcom: Company Snapshot
Figure 63 Qualcomm Technologies, Inc.: Company Snapshot
Figure 64 Texas Instruments Incorporated: Company Snapshot
Figure 65 Stmicroelectronics: Company Snapshot
Figure 66 Renesas Electronics Corporation: Company Snapshot
Figure 67 Ams-Osram AG: Company Snapshot
Figure 68 Thales: Company Snapshot
Figure 69 Infineon Technologies AG: Company Snapshot
Figure 70 Sony Corporation: Company Snapshot
Figure 71 Avery Dennison Corporation: Company Snapshot
Figure 72 Samsung: Company Snapshot
Figure 73 Identiv, Inc.: Company Snapshot
Figure 74 Semiconductor Components Industries, LLC: Company Snapshot

Companies Mentioned

  • Nxp Semiconductors
  • Broadcom
  • Qualcomm Technologies, Inc.
  • Texas Instruments Incorporated
  • Stmicroelectronics
  • Renesas Electronics Corporation
  • Ams-Osram AG
  • Thales
  • Infineon Technologies AG
  • Sony Corporation
  • Avery Dennison Corporation
  • Samsung
  • Identiv, Inc.
  • Semiconductor Components Industries, LLC
  • Flomio, Inc.
  • Shanghai Fudan Microelectronics Group Co. Ltd.
  • Hid Global Corporation
  • Resource Label Group, LLC
  • Premier Labels UK
  • Advanced Card Systems Ltd.
  • Cryptera
  • Perfect Id
  • Id Tech
  • Omnia Technologies Pvt. Ltd.
  • Elatec GmbH

Table Information