Global NFC Chips Market 2018 - Forecasts to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 20, 2018--The “Global NFC Chips Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
NFC chips market was valued at US$2.802 billion in 2017 and is projected to expand at a CAGR of 24.15% over the forecast period to reach US$10.259 billion by 2023.
Increasing application of NFC chips across various consumer electronics products is significantly driving the market growth. Increasing penetration of smartphones in developing economies coupled with supportive government initiatives and policies for cashless payments is further boosting the demand for these chips during the forecast period.
Geographically, APAC holds a significant opportunity for NFC chip manufacturers on account of rising smartphone sales in countries like India and China and booming consumer electronics manufacturing in the region.
Major industry players profiled as part of the report are Qualcomm Technologies Inc., NXP Semiconductors, and STMicroelectronics among others.
By ApplicationAuthentication Access Control Payment Others
By IndustryRetail Healthcare Consumer Electronics Others
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. NFC Chips Market By Application
6. NFC Chips Market By Industry
7. NFC Chips Market By Geography
8. Competitive Intelligence
9. Company ProfilesQualcomm Technologies Inc. NXP Semiconductors STMicroelectronics Infineon Technologies Renasas Electronics Corporation Toshiba
For more information about this report visit https://www.researchandmarkets.com/research/qttzfj/global_nfc_chips?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005732/en/
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Related Topics:Near Field Communication
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/20/2018 01:49 PM/DISC: 09/20/2018 01:49 PM