NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

MARKET OUTLOOK
A study by Triton Market Research on the North American near field communication chips market states that the market is anticipated to flourish with a CAGR of 24.15% in the estimated years 2019-2027.
The countries of the United States and Canada together form the market for near field communication chips for the North American region.
The Canada near field communication chips market is primarily driven mainly due to the growing adoption of near field communication chips and the rising penetration of smartphones in the country. The adoption of NFC chips is continuously rising, as these chips enable to make the transaction safe & secure, which directly influences the growth of the near field communication chips market in Canada. Furthermore, the rising penetration of smartphones also drives the near field communication chips market in the country during the forecast years. According to the Catalyst Organization (Canada), the rate of smartphone penetration shot up to 68% in 2015, representing a year-over-year growth of 24%. This growth in the number of smartphone users is an important fact demonstrating the quick progression of the mobile revolution. The growth in the usage of smartphones would raise the demand for NFC chips, as they are mainly deployed in smartphones for the purpose of transferring data & information, that positively influences the growth of the near field communication chips market in Canada.
COMPETITIVE OUTLOOK
The prominent companies in the market are Mediatek, Inc., Toshiba Corporation, Renesas Electronics Corporation, STMicroelectronics N.V., MStar Semiconductor, Inc., Broadcom Corporation, EM Microelectronic-Marin S.A., Qualcomm, Inc., Marvell Technology Group Ltd., Samsung Semiconductor, Inc., NXP Semiconductors N.V., Sony Corporation, Murata Manufacturing Co., Ltd., Inside Secure S.A. and Texas Instruments, Inc.

TABLE OF CONTENT
1. NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.3. EVOLUTION & TRANSITION OF NEAR FIELD COMMUNICATION (NFC) CHIPS
2.4. PORTER’S FIVE FORCE ANALYSIS
2.5. MARKET ATTRACTIVENESS MATRIX
2.6. INDUSTRY COMPONENTS
2.7. REGULATORY FRAMEWORK
2.8. VENDOR SCORECARD
2.9. KEY IMPACT ANALYSIS
2.10. MARKET OPPORTUNITY INSIGHTS
2.11. INDUSTRY PLAYER POSITIONING
2.12. KEY MARKET STRATEGIES
2.13. MARKET DRIVERS
2.13.1. INCREASING NUMBER OF NFC-BASED DIGITAL TRANSACTIONS
2.13.2. HIGH PENETRATION OF NFC-ENABLED SMARTPHONES
2.13.3. SIGNIFICANT ADOPTION OF NFC TECHNOLOGY IN CONSUMER ELECTRONICS
2.13.4. GOVERNMENTS ACROSS THE GLOBE ENCOURAGING CASHLESS TRANSACTIONS
2.14. MARKET RESTRAINTS
2.14.1. HIGHER COSTS OF NFC CHIPS
2.14.2. SECURITY CONCERNS RELATED TO DATA
2.14.3. DIFFICULTIES IN PRODUCT DESIGNING
2.15. MARKET OPPORTUNITIES
2.15.1. GROWING NUMBER OF STARTUPS IN THE FIELD OF NFC
2.15.2. INTEGRATION OF NFC WITH MEDICAL EQUIPMENT
2.15.3. HIGH RESEARCH & DEVELOPMENT EXPENDITURE IN THE FIELD OF NFC
2.16. MARKET CHALLENGES
2.16.1. LACK OF AWARENESS
2.16.2. EASY AVAILABILITY OF SUBSTITUTES
2.16.3. INTEROPERABILITY ISSUES
3. NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY PRODUCT TYPE
3.1. AUXILIARY
3.2. NON-AUXILIARY
4. NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY APPLICATION
4.1. TELEVISION
4.2. MEDICAL EQUIPMENT
4.3. SMARTPHONE
4.4. OTHER APPLICATIONS
5. NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY VERTICALS
5.1. CONSUMER ELECTRONICS
5.2. AUTOMOTIVE
5.3. RETAIL
5.4. BANKING & FINANCE
5.5. MEDICAL
5.6. OTHER VERTICALS
6. NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK
6.1. UNITED STATES
6.2. CANADA
7. COMPETITIVE LANDSCAPE
7.1. BROADCOM CORPORATION
7.2. EM MICROELECTRONIC-MARIN S.A.
7.3. INSIDE SECURE S.A.
7.4. MARVELL TECHNOLOGY GROUP LTD.
7.5. MEDIATEK, INC.
7.6. MSTAR SEMICONDUCTOR, INC.
7.7. MURATA MANUFACTURING CO., LTD.
7.8. NXP SEMICONDUCTORS N.V.
7.9. QUALCOMM, INC.
7.10. RENESAS ELECTRONICS CORPORATION
7.11. SAMSUNG SEMICONDUCTOR, INC.
7.12. SONY CORPORATION
7.13. STMICROELECTRONICS N.V.
7.14. TEXAS INSTRUMENTS, INC.
7.15. TOSHIBA CORPORATION
8. METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY



TABLE LIST
TABLE 1: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: REGULATORY FRAMEWORK
TABLE 5: KEY STRATEGIC DEVELOPMENTS
TABLE 6: LIST OF NFC-ENABLED SMARTPHONE MODELS & SMARTPHONE MANUFACTURERS
TABLE 7: STARTUPS IN NFC TECHNOLOGY
TABLE 8: NFC-BASED TRANSACTION SERVICES BY COMPANIES
TABLE 9: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 11: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 12: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)


FIGURE LIST
FIGURE 1: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: KEY IMPACT ANALYSIS
FIGURE 4: TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS
FIGURE 5: MARKET OPPORTUNITY INSIGHTS, BY PRODUCT TYPE, 2018
FIGURE 6: MARKET OPPORTUNITY INSIGHTS, BY APPLICATION, 2018
FIGURE 7: INDUSTRY COMPONENTS OF NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET
FIGURE 8: KEY PLAYER POSITIONING IN 2018 (%)
FIGURE 9: NUMBER OF CASHLESS TRANSACTION IN KEY COUNTRIES, 2016
FIGURE 10: ESTIMATES OF NFC-ENABLED HANDSET 2014-2020
FIGURE 11: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2019-2027 (IN $ MILLION)
FIGURE 21: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2019-2027 (IN $ MILLION)
FIGURE 22: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 23: NORTH AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 24: UNITED STATES NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: CANADA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)