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

MARKET OUTLOOK
The Latin America near field communication chips market has been projected to flourish in terms of revenue with a CAGR of 22.10% during the estimated years 2019-2027, according to a study conducted by Triton Market Research.
Brazil, Mexico and countries in rest of Latin America together comprise the market for near field communication chips in the Latin American region.
The key driver for the growth of NFC chips is the wide adoption of contactless payments across various verticals such as retail and transport. The wide adoption is attributable to the ease of transaction, as while making small payments through contactless smartcards or wearables, no pin authentication or signature is required, which saves time. According to research conducted by MasterCard, contactless payments are twice as faster than conventional cash, credit or debit card transaction. In the retail industry, faster payments have come in very handy, as they have significantly reduced the queues in retail stores. The increasing number of NFC-based digital transactions are driving the growth of NFC chips market. The significant rising number of mobile-based payments is positively influencing the NFC chips market.
COMPETITIVE OUTLOOK
Major players engaged in the near field communication chips market are Texas Instruments, Inc., Murata Manufacturing Co., Ltd., Renesas Electronics Corporation, Qualcomm, Inc., Toshiba Corporation, Sony Corporation, Marvell Technology Group Ltd., Mediatek, Inc., MStar Semiconductor, Inc., Inside Secure S.A., Broadcom Corporation, EM Microelectronic-Marin S.A., Samsung Semiconductor, Inc., NXP Semiconductors N.V. and STMicroelectronics N.V.

TABLE OF CONTENT
1. LATIN 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. LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY PRODUCT TYPE
3.1. AUXILIARY
3.2. NON-AUXILIARY
4. LATIN 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. LATIN 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. LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST OF LATIN AMERICA
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: LATIN 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: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 10: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 11: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 12: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)


FIGURE LIST
FIGURE 1: LATIN 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: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 12: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 17: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 18: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 19: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 20: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2019-2027 (IN $ MILLION)
FIGURE 21: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2019-2027 (IN $ MILLION)
FIGURE 22: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 23: LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 24: BRAZIL NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: MEXICO NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: REST OF LATIN AMERICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)