Near Field Communication Chips (NFC) Market (Updated Version Available)

The Near Field Communication Chips (NFC) market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Near-field communication is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm of each other.
There is a need for efficiency and reliable mode of information sharing and this is driving the adoption of NFC chips. The requirement of faster access to data across industries is also a key factor behind the growing popularity of near field communication technology. The growing advancements and investments by players within the market are expected to help the market to grow within the forecast period.
The decreasing rates of NFC chips on account of the declining prices of various materials required for the manufacturing of these chips will make it very profitable for NFC market players. The increasing demand for connectivity between devices for information or data sharing will help the market to grow further. The growing adoption of online payments is another key factor boosting the growth of this market.
As the report focuses on global Near Field Communication Chips (NFC) market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

In global market, the following companies are covered:
NXP Semiconductors
Broadcom Corporation
Texas Instruments
Qualcomm
STMicroelectronics
MediaTek
Mstar Semiconductor
AMS
Sony Corporation
Marvell technology Group

Market Segment by Product Type
64 Bytes
168 Bytes
Others

Market Segment by Application
Consumer Electronics
Automotive
Medical
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Near Field Communication Chips (NFC) market for the forecast period 2020 - 2025?
• What are the driving forces in the Near Field Communication Chips (NFC) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Near Field Communication Chips (NFC) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?