Increasing Smartphones Penetration Upsurges the Global Near Field Communication (NFC) Chips Market at a CAGR of 22.59% by 2026

Boston, MA, June 7, 2018 (Newswire.com) - ​Browse 29 market data Tables and 40 Figures spread through 112 Pages and in-depth analysis on “Global  Near Field Communication (NFC) Chips market by Product (Auxiliary, Non-auxiliary) by Application (Television, Medical Equipment, Smartphone, Other Applications) by End User (Consumer Electronics, Automotive, Retail, Banking & Finance, Medical, Other End Users) & by Geography - Regional Trends & Forecast to 2026”

This insightful market research report from Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, and Rest of World, the report is a valuable asset for the existing players, new entrants, and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain.

The Global Near Field Communication (NFC) Chips market was valued at around 2,050 million in 2017 and is anticipated to hit nearly $ 13,000 million by 2026, at an estimated CAGR of 22.59%, during the forecast period 2018-2026.

clive cooper, Corporate Communications

Near Field Communication (NFC) Chips market scenario

Wide adoption of contactless payments across numerous industries, growing number of NFC enabled smartphones, rising demand for NFC chips in consumer electronics, numerous initiatives by governments to promote cashless transaction are the reasons for the growth of global near field communication (NFC) chips market.

The Near Field Communication (NFC) Chips Market report provides data tables, includes charts and graphs for visual analysis.

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Market Segmentation

On the basis of Product, the Global Near Field Communication (NFC) Chips Market is segmented as follows:

• Auxiliary
• Non-Auxiliary

On the basis of Application, the Global Near Field Communication (NFC) Chips Market is segmented as follows:

• Television
• Medical Equipment
• Smartphone
• Other Applications

On the basis of End-User, the Global Near Field Communication (NFC) Chips Market is segmented as follows:

• Consumer Electronics
• Automotive
• Retail
• Banking & Finance
• Medical
• Other End Users

Report Highlights
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2026, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2026

Companies Profiled

-        BROADCOM CORPORATION

-        EM MICROELECTRONIC-MARIN SA

-        INSIDE SECURE S.A.

-        MARVELL TECHNOLOGY GROUP LTD

-        MEDIA TEK INC.

-        MSTAR SEMICONDUCTOR INC.

-        MURATA MANUFACTURING CO LTD

-        NXP SEMICONDUCTORS NV

-        QUALCOMM INC.

-        RENESAS ELECTRONICS CORPORATION

-        SAMSUNG SEMICONDUCTOR

-        SONY CORPORATION

-        STMICROELECTRONICS NV

-        TEXAS INSTRUMENTS, INC.

-        TOSHIBA CORPORATION

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Source: Inkwood Research