MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2019-2027

MARKET OUTLOOK
The market for near field communication chips in the Middle East and Africa is expected to flourish with a CAGR of 22.72% in the forecast period 2019-2027, as stated by Triton Market Research in their report.
The UAE, South Africa, Saudi Arabia, Turkey and countries in rest of the Middle East & Africa together comprise the market for near field communication chips in the MEA region.
The increasing penetration of smartphones is further driving the market for the near field communication chips market during the forecast period. The surge in the number of smartphones also acts as a key driver for the growth of the NFC chips market, as the NFC chips enable fast connectivity to the mobile peripherals such as wireless speakers, and support wireless charging. Hence, they are increasingly being deployed in smartphones. NFC chips are widely deployed in smartphones also because of the ability of the near field communication technology to provide short distance, secured as well as implicit paired communication capability in smartphones. Mobile manufacturers are turning towards the deployment of NFC chips into their smartphones as these chips can be beneficial in various aspects that include digital payments, connection with other electric gadgets such as television, speakers and others. Thus, an increase in the number of smartphones would gradually increase the demand for NFC chips.
COMPETITIVE OUTLOOK
The major organizations that have established their presence in the near field communication chips market are STMicroelectronics N.V., Mediatek, Inc., Toshiba Corporation, Inside Secure S.A., MStar Semiconductor, Inc., Marvell Technology Group Ltd., Sony Corporation, Samsung Semiconductor, Inc., Qualcomm, Inc., NXP Semiconductors N.V., EM Microelectronic-Marin S.A., Murata Manufacturing Co., Ltd., Texas Instruments, Inc., Broadcom Corporation and Renesas Electronics Corporation.

TABLE OF CONTENT
1. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY PRODUCT TYPE
3.1. AUXILIARY
3.2. NON-AUXILIARY
4. MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY APPLICATION
4.1. TELEVISION
4.2. MEDICAL EQUIPMENT
4.3. SMARTPHONE
4.4. OTHER APPLICATIONS
5. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - REGIONAL OUTLOOK
6.1. UNITED ARAB EMIRATES
6.2. TURKEY
6.3. SAUDI ARABIA
6.4. SOUTH AFRICA
6.5. REST OF MIDDLE EAST & AFRICA
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: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 11: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 12: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)


FIGURE LIST
FIGURE 1: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2019-2027 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2019-2027 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2019-2027 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2019-2027 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2019-2027 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 23: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 24: UNITED ARAB EMIRATES NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: SAUDI ARABIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: TURKEY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: SOUTH AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: REST OF MIDDLE EAST & AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, 2019-2027 (IN $ MILLION)