Reports

- Global Locations -

Headquarters

Future Market Insights, Inc.

Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States

T: +1-845-579-5705

Americas

Future Market Insights, Inc.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States

T: +1-347-918-3531

MEA

Future Market Insights

1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

Europe

Future Market Insights

3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom

T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268

Asia Pacific

Future Market Insights

IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India

Near Field Communication Market Outlook from 2024 to 2034

Digitalization marks a significant milestone in evolution. With numerous technological advancements and consumers shifting to high-tech services, the near-field communication (NFC) market has skyrocketed in the past few years. The market is thus set to evolve remarkably, with a CAGR of 14.70% from 2024 to 2034.

The market is set to cover US$ 25,522.81 million valuation in 2024. The smart revolution of smartphones and payment methods has created a fascinating process of transactions. Analyzing these growing market trends, it can be stated that the valuation is on track to reach US$ 100,591.84 million by 2034.

Attributes Key Statistics
Expected Base Year Value (2024) US$ 25,522.81 million
Anticipated Forecast Value (2034) US$ 100,591.84 million
Estimated Growth (2024 to 2034) 14.70% CAGR

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Near Field Communication Market Dynamics

  • Adoption of Mobile Payment Solutions and Contactless Transactions

NFC technology enables secure and fast transactions between devices. This is the most nascent feature that has acquired the worldwide market, as it is a convenient solution for consumers and businesses.

The COVID-19 pandemic has fast-tracked the adoption of digital payments. It has also resulted in a growing demand for contactless payments. These phenomena have led to increased popularity of NFC-enabled devices. This has covered the market with growth in no time, spreading broadly globally.

  • Increasing Trend of Smart Homes and Internet of Things (IoT) Devices

Data exchange between devices with near-field communication-enabled technology that is in close proximity makes it convenient for various applications. For instance, the use of NFC antennas in smart home devices like door locks, thermostats, and lighting systems is fueling the need for NFC-enabled devices in the market.

  • Industry-wide Applications

Various industries like healthcare, retail, and transportation have created lucrative growth opportunities for the NFC market. As this technology is smooth and enables fast workflow, making hands-free businesses, the adoption in varied sectors surges.

  • Advertising and Promotional Activities

Near-field communication enables posters and billboards to provide users with add-on information and promotional offers by just tapping their NFC-enabled devices on them.

Security Concerns and Alternative Payment Gateways have Posed Attrition in Market Growth

  • Near-field communication is suitable only for short-range data sharing. This acts as a major drawback in NFC technology.
  • Security concerns about device protection create a domino effect of disinterest among consumers. With the implementation of contactless payment systems, security turns into a significant concern. As there is no authentication, the transfer of applications could cause a major threat to the user.
  • Then comes increasing customer inclination toward adopting alternative wireless payment solutions such as UPI, QR scan payments, and online payment getaways. This is posing challenges to the growth of the NFC market.
  • Attrition to work beyond 12cm distances, lower data transfer rates, and higher costs of NFC-enabled devices as compared to Bluetooth and Wi-Fi are hindering sales in the market.
Sudip Saha
Sudip Saha

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Comparative View of Adjacent Industries

Research conducted by Future Market Insights has analyzed data to harness the competition with the near-field communication (NFC) market - the web real time communication market and the unified communication and collaboration market.

Near Field Communication (NFC) Market:

Attributes Near Field Communication (NFC) Market
CAGR (2024 to 2034) 14.70%
Market Value (2034) US$ 100,591.84 million
Growth Factor Increasing adoption of contactless payment systems in retail and transportation sectors
Key Challenges Increasing customer inclination toward adopting alternative wireless payment solutions such as UPI, QR scan payments

Web Real Time Communication Market:

Attributes Web Real Time Communication Market
CAGR (2024 to 2034) 44.20%
Growth Factor Advancements in internet infrastructure and browser capabilities are supporting WebRTC adoption
Key Challenges Limited awareness and understanding of WebRTC technology among businesses and end-users

Unified Communication and Collaboration Market:

Attributes Unified Communication and Collaboration Market
CAGR (2024 to 2034) 12.30%
Growth Factor Advancements in cloud technology and mobile devices supporting flexible and scalable UC&C deployments
Key Challenges Complex integration processes when implementing UC&C solutions across different departments and systems

Category-wise Insights

Contactless Transactions and Data Exchange are making Auxiliary Products a Promising Option

Auxiliary near-field communication has gained traction due to its ability to enhance the functionality of the devices. This expands their capabilities and provides additional functionalities. This is a widely adopted type with an accelerating market share of 53.70% in 2024.

Attributes Details
Product Type Auxiliary
Market Share (2024) 53.70%

Implementation of NFC tags and stickers in advertising and promotional activities is also surging the requirement for auxiliary NFC. Increasing adoption of NFC technology in various industries like healthcare, retail, and transportation is expected to create lucrative growth opportunities for the auxiliary NFC types. Convenience, security, and ease of use have also raised the emerging opportunities for auxiliary products in the NFC market.

Adoption of Secure Access Control and Authentication Mechanisms Profits NFC Technology

Access control and authentication are essential to ensure the security of data transfer. These are the most crucial factors chosen by consumers. Thus, the access control and authentication application is poised to capture a market share of 20.30% in 2024. It is expected to increase further with the adoption of NFC technology to prevent unauthorized access to sensitive information.

Attributes Details
Application Access Control and Authentication
Market Share (2024) 20.30%

Access control and authentication are particularly crucial in industries like healthcare, where patient data needs to be protected from unauthorized access. With the rise of cyber threats, secure authentication mechanisms are critical to ensure the integrity of data transfer and prevent data breaches. Thus, NFC technology plays a vital role in different industries for access control and authentication.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Country-wise Insights

Countries like China, the United States, Australia and New Zealand, Japan, and Germany are expanding broadly in the near field communication (NFC) market.

Countries CAGR from 2024 to 2034
China 16.80%
United States 12.60%
Australia and New Zealand 10.80%
Japan 6.90%
Germany 6.00%

Innovative Technology Providers Collaborating with Payment Solution Providers in China to Cater to Market Needs

China is projected to be a highly lucrative communication technology market. Wireless technology has played a key role in expanding this market in China. With a remarkable CAGR of 16.80% through 2034, China is set to emerge as one of the prominent players in the global market.

Cashless payment continues to create deeper inroads in China. Businesses in emerging markets, such as China, are localizing content for mobile platforms to maximize their sales. Mobile penetration, along with improved data connectivity and payment infrastructure, is presenting a potential opportunity for the growth of NFC-enabled mobile payment.

Numerous innovative technology providers collaborate with payment solution providers to launch novel products integrated with NFC technologies. For instance, in 2021, Xiaomi, a China-based wearable device manufacturer, announced joining hands with MasterCard to develop and launch a new MI Smart Band 4 NFC with an advanced contactless payment feature.

Technological Evolution and Increasing Adoption of Smart Cameras in the United States

The United States is anticipated to record an outstanding CAGR of 12.60% from 2024 to 2034, owing to its wide technological advancements and foreseeable investment in adopting new tech.

Growing penetration of smartphones and increasing adoption of smart cameras are teeming market growth. Surging trend of photography among millennials is favoring the demand for wireless data transfer technologies such as NFC in local market.

Sales of automotive vehicles, such as passenger and commercial vehicles, are significantly surging across the United States. This is creating a strong demand for associated technologies. For instance, according to the Bureau of Transportation Statistics, approximately 3.54 million units of passenger cars and 10.33 million units of commercial vehicles were reported to be sold across the United States alone.

Affluent Consumers are Heavily Reliant on Tech in Australia and New Zealand, soars Market Growth

NFC, though in a nascent stage in Australia and New Zealand, is catching up rapidly because of factors like cross-industrial applications, smartphone penetration, affordable devices, and cheap mobile internet data rates. With people adopting technology and an affluent consumer base, these countries have spurred the market with a CAGR of 10.80% through 2034.

High-speed internet and Wi-Fi have also added impetus to shopping through mobile devices. With the introduction of 5G, this trend is bound to pick up in the near future.

Revolution of credit and debit cards has played a leading role in shaping the technological advancements in NFC services. The tap-to-pay feature has gained significant fame in the industry's growth factors for NFC technology. For example, Sektor has been appointed as the distributor for iMin products in Australia and New Zealand.

Adoption of Artificial Intelligence and Cloud-based Apps in Japan Supports the NFC Market

Japan is always known for its high-tech advancements and has proven to have installed electronic payment systems two decades ago. With the most developed contactless infrastructure in the world and a tech-savvy consumer base, Japan has emerged as a big market for NFC-enabled technologies, likely to see a CAGR of 6.90% through 2034.

Cutting-edge technologies like artificial intelligence and cloud-based apps are the sole drivers of acquiring the global market. The Japan near-field communication market is also growing as more people in Japan use smartphones and high-tech technologies.

Japan has always been at the forefront of technological advancements and has implemented those ahead of other countries. A type of Near Field Communication (NFC) chip, known in Japan as FeliCa, was introduced to Japan’s mobile market in June 2004 and has been implanted in almost all phones sold in the country since.

High-tech Photonics Companies in Germany Augment Market Progress

The proliferation of NFC-enabled payment wearables has significantly impacted the anticipated support for European market expansion over the forecast period. With a CAGR of 6.00% through 2034, the German market is expected to experience steady growth.

Osram Licht AG is a German manufacturer of electric lighting with headquarters in Munich and Premstätten (Austria). Osram is a high-tech photonics company with a growing emphasis on sensor technologies, visualization, and light treatment.

In May 2021, Osram and Infineon Technologies AG joined forces to enable industry-wide Near Field Communication (NFC) programming. Infineon's NLM0011 and NLM0010 dual-mode NFC wireless configuration integrated circuits (ICs) with pulse width modulation are used in Osram's new OPTOTRONIC® FIT product family (PWM).

Competitive Landscape

Major companies offering near-field communication solutions are aiming for innovation in their offerings and strategic partnerships with other software vendors. This development enhances their portfolios while addressing the demand of an expanding customer base. Introduction of new solutions and services and strategic alliances are steps to cover the market development in the near field communication solution landscape.

Recent Advancements

  • In April 2024, the UAE's hosting of the Miss World pageant sparked a surge in the NFC market, prompting companies like Pcard to finalize aggressive expansion plans in the GCC. The post-pandemic boom in events further accelerated industry growth.
  • In December 2023, Apple yielded to EU pressure, relinquishing its NFC exclusivity stance and potentially broadening payment options on iPhones. However, Google Wallet integration remains uncertain as Apple continues to retain control over its mobile wallet technology.
  • In January 2023, Toppan launched global sales of an eco-friendly NFC tag label, replacing plastic with paper for the antenna substrate. The innovative circuit fabrication technology ensured communication performance while preventing fraud by breaking upon removal.
  • In March 2023, Apple Pay officially launched in Korea after years of anticipation. The service made possible through an exclusive partnership with Hyundai Card, enabled users to make contactless payments at various retailers and establishments, marking a significant milestone for Apple's expansion in the region.

Key Companies in the Market

  • Gemalto N.V.
  • DeviceFidelity, Inc.
  • Visa Inc.
  • Broadcom, Inc.
  • STMicroelectronics N.V.
  • Toshiba Corp.
  • Samsung Electronics Co. Ltd.
  • Identive Group, Inc.
  • NXP Semiconductor
  • Infineon Technology
  • On Track Innovation Ltd.

Key Coverage in the Near Field Communication (NFC) Market Report

  • Market perception of NFC compatibility and interoperability
  • Market forecast for the NFC technology industry
  • Emerging opportunities in the NFC sector
  • Wireless technology industry analysis
  • Impact of mobile payment trends on the NFC market
  • Communication technology manufacturing sector

Market Segmentation

By Product Type:

  • Non-Auxiliary
  • Auxiliary

By Application:

  • Contactless Payment
  • Data Sharing
  • Infotainment
  • Access Control and Authentication
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Europe

Frequently Asked Questions

What is the Near Field Communication (NFC) Market Worth?

The market is set to reach US$ 25,522.81 million in 2024.

What is the Sales Forecast for Near Field Communication (NFC) through 2034?

The near-field communication (NFC) market is expected to reach US$ 100,591.84 million by 2034.

At What Rate is the Near Field Communication (NFC) Market Growing Globally?

The market is set to develop at a CAGR of 14.70% from 2024 to 2034.

Which is the Top Product Type of Near Field Communication?

Auxiliary is the most common type, with a market share of 53.70% for 2024.

How will China’s Near Field Communication (NFC) Market progress?

The market in China is expected to progress at a CAGR of 16.80% through 2034.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2024 to 2034

        5.3.1. Non-Auxiliary Products

        5.3.2. Auxiliary Products

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034

        6.3.1. Contactless Payment

        6.3.2. Data Sharing

        6.3.3. Infotainment

        6.3.4. Access Control and Authentication

        6.3.5. Medical & Healthcare

        6.3.6. Transportation

    6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023

    7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Western Europe

        7.3.4. Eastern Europe

        7.3.5. South Asia and Pacific

        7.3.6. East Asia

        7.3.7. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By Application

    8.4. Key Takeaways

9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Application

    9.4. Key Takeaways

10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. UK

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Western Europe

        10.2.2. By Product Type

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Application

    10.4. Key Takeaways

11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Country

            11.2.1.1. Poland

            11.2.1.2. Russia

            11.2.1.3. Czech Republic

            11.2.1.4. Romania

            11.2.1.5. Rest of Eastern Europe

        11.2.2. By Product Type

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Application

    11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Bangladesh

            12.2.1.3. Australia

            12.2.1.4. New Zealand

            12.2.1.5. Rest of South Asia and Pacific

        12.2.2. By Product Type

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Application

    12.4. Key Takeaways

13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Product Type

        13.2.3. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Application

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Application

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. USA

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2023

            15.1.2.1. By Product Type

            15.1.2.2. By Application

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2023

            15.2.2.1. By Product Type

            15.2.2.2. By Application

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2023

            15.3.2.1. By Product Type

            15.3.2.2. By Application

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2023

            15.4.2.1. By Product Type

            15.4.2.2. By Application

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2023

            15.5.2.1. By Product Type

            15.5.2.2. By Application

    15.6. UK

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2023

            15.6.2.1. By Product Type

            15.6.2.2. By Application

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2023

            15.7.2.1. By Product Type

            15.7.2.2. By Application

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2023

            15.8.2.1. By Product Type

            15.8.2.2. By Application

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2023

            15.9.2.1. By Product Type

            15.9.2.2. By Application

    15.10. Poland

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2023

            15.10.2.1. By Product Type

            15.10.2.2. By Application

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2023

            15.11.2.1. By Product Type

            15.11.2.2. By Application

    15.12. Czech Republic

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2023

            15.12.2.1. By Product Type

            15.12.2.2. By Application

    15.13. Romania

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2023

            15.13.2.1. By Product Type

            15.13.2.2. By Application

    15.14. India

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2023

            15.14.2.1. By Product Type

            15.14.2.2. By Application

    15.15. Bangladesh

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2023

            15.15.2.1. By Product Type

            15.15.2.2. By Application

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2023

            15.16.2.1. By Product Type

            15.16.2.2. By Application

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2023

            15.17.2.1. By Product Type

            15.17.2.2. By Application

    15.18. China

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2023

            15.18.2.1. By Product Type

            15.18.2.2. By Application

    15.19. Japan

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2023

            15.19.2.1. By Product Type

            15.19.2.2. By Application

    15.20. South Korea

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2023

            15.20.2.1. By Product Type

            15.20.2.2. By Application

    15.21. GCC Countries

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2023

            15.21.2.1. By Product Type

            15.21.2.2. By Application

    15.22. South Africa

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2023

            15.22.2.1. By Product Type

            15.22.2.2. By Application

    15.23. Israel

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2023

            15.23.2.1. By Product Type

            15.23.2.2. By Application

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Application

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Gemalto N.V.

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

        17.1.2. DeviceFidelity, Inc.

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

        17.1.3. Visa Inc.

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

        17.1.4. Broadcom, Inc.

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

        17.1.5. STMicroelectronics N.V.

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

        17.1.6. Toshiba Corp.

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

        17.1.7. Samsung Electronics Co. Ltd.

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

        17.1.8. Identive Group, Inc.

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

        17.1.9. NXP Semiconductor

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

        17.1.10. Infineon Technology

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

        17.1.11. On Track Innovation Ltd.

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 4: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 5: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 6: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 9: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 11: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 12: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 15: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 21: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 24: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034
Sudip Saha
Sudip Saha

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

Figure 1: Global Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Application, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 7: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 8: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 9: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 10: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 13: Global Market Attractiveness by Product Type, 2024 to 2034

Figure 14: Global Market Attractiveness by Application, 2024 to 2034

Figure 15: Global Market Attractiveness by Region, 2024 to 2034

Figure 16: North America Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 17: North America Market Value (US$ Million) by Application, 2024 to 2034

Figure 18: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 19: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 23: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 24: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 25: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 28: North America Market Attractiveness by Product Type, 2024 to 2034

Figure 29: North America Market Attractiveness by Application, 2024 to 2034

Figure 30: North America Market Attractiveness by Country, 2024 to 2034

Figure 31: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 32: Latin America Market Value (US$ Million) by Application, 2024 to 2034

Figure 33: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 38: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 43: Latin America Market Attractiveness by Product Type, 2024 to 2034

Figure 44: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 45: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 46: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 47: Western Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 48: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 52: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 58: Western Europe Market Attractiveness by Product Type, 2024 to 2034

Figure 59: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 60: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 61: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 62: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 70: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 73: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034

Figure 74: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 76: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 77: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034

Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 88: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034

Figure 89: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 90: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 91: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 92: East Asia Market Value (US$ Million) by Application, 2024 to 2034

Figure 93: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 97: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 98: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 100: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 101: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 102: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 103: East Asia Market Attractiveness by Product Type, 2024 to 2034

Figure 104: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 105: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 106: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 107: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034

Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 118: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034

Figure 119: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 120: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Recommendations

Technology

Unified Communications and Collaboration Market

Published : August 2023

Technology

Web Real Time Communication Solution Market

Published : June 2023

Technology

Power Line Communication Systems Market

Published : April 2022

Explore Technology Insights

View Reports

Near Field Communication Market