Global NFC chips market to grow at a CAGR of 50.6% by volume over the period 2014-2019

About NFC Chips 

NFC chips refer to the ICs in mobile devices, POS terminals, and retail products that store information and control transactions. NFC chips enable communication between NFC-enabled devices within a radius of 4 inches. These chips provide ease of transaction and data exchange between devices without the need to pair them. This has resulted in increased adoption of NFC chips across various segments.

Technavio's analysts forecast the global NFC chips market to grow at a CAGR of 50.6% by volume over the period 2014-2019.

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Covered in this Report

The report includes the present scenario and growth prospects of the global NFC chips market for the period 2015-2019. The report segments the market based on end-users.

Technavio's report, Global NFC Chips Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key Vendors

Broadcom

Inside Secure

NXP Semiconductors

Sony

Other Prominent Vendors

Media Tek

Qualcomm

Renesas

Key Market Driver

Increased Adoption of NFC Technology

For a full, detailed list, view our report

Key Market Challenge

High Cost of NFC Chips

For a full, detailed list, view our report

Key Market Trend

Rise in NFC-based Transactions

For a full, detailed list, view our report

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Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be

What are the key market trends

What is driving this market

What are the challenges to market growth

Who are the key vendors in this market space

What are the market opportunities and threats faced by the key vendors

What are the strengths and weaknesses of the key vendors

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