MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028

 

 

TABLE OF CONTENTS

 

1.     MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET

2.2. KEY INSIGHTS

2.2.1.    EMERGENCE OF CONTACTLESS NFC POS

2.2.2.    EMERGING NFC APPLICATIONS: SMART POSTERS AND M-WALLET

2.2.3.    FUNDINGS FOR COMPANIES/START-UPS

2.3. TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS

2.4. PORTER’S FIVE FORCES ANALYSIS

2.5. MARKET ATTRACTIVENESS MATRIX

2.6. INDUSTRY COMPONENTS

2.6.1.    RAW MATERIALS SUPPLIERS

2.6.2.    MANUFACTURERS

2.6.3.    DISTRIBUTORS

2.6.4.    END-USERS

2.7. REGULATORY FRAMEWORK

2.8. VENDOR SCORECARD

2.9. KEY IMPACT ANALYSIS

2.9.1.    APPLICATION

2.9.2.    PRICE

2.9.3.    COMMUNICATION SPEED

2.9.4.    STORAGE

2.10.               MARKET ATTRACTIVENESS INDEX

2.11.               KEY MARKET STRATEGIES

2.11.1.                    ACQUISITIONS

2.11.2.                    PRODUCT LAUNCHES

2.11.3.                    INVESTMENTS & EXPANSIONS

2.11.4.                    CONTRACTS & AGREEMENTS

2.12.               MARKET DRIVERS

2.12.1.                    NUMBER OF NFC-BASED DIGITAL TRANSACTIONS

2.12.2.                    HIGH PENETRATION OF NFC-ENABLED SMARTPHONES

2.12.3.                    SIGNIFICANT ADOPTION OF NFC TECHNOLOGY IN CONSUMER ELECTRONICS

2.13.               MARKET CHALLENGES

2.13.1.                    EASY AVAILABILITY OF SUBSTITUTES

2.13.2.                    INTEROPERABILITY ISSUES

2.13.3.                    HIGHER COSTS OF NFC CHIPS

2.13.4.                    SECURITY CONCERNS RELATED TO DATA

2.14.               MARKET OPPORTUNITIES

2.14.1.                    GOVERNMENTS ENCOURAGING CASHLESS TRANSACTIONS

2.14.2.                     INCREASING APPLICATIONS OF NFC IN MEDICAL EQUIPMENT

3.     MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET OUTLOOK - BY 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 SA

7.3. INSIDE SECURE SA

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 NV

7.9. QUALCOMM INC

7.10.               RENESAS ELECTRONICS CORPORATION

7.11.               SAMSUNG SEMICONDUCTOR INC

7.12.               SONY CORPORATION

7.13.               STMICROELECTRONICS NV

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: MARKET ATTRACTIVENESS MATRIX

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: KEY STRATEGIC DEVELOPMENTS

TABLE 5: LIST OF NFC-ENABLED SMARTPHONE MODELS AND SMARTPHONE MANUFACTURERS

TABLE 6: STARTUPS IN NFC TECHNOLOGY

TABLE 7: NFC-BASED TRANSACTION SERVICES BY COMPANIES

TABLE 8: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)

TABLE 12: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

 

 

FIGURE LIST

FIGURE 1: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: KEY IMPACT ANALYSIS

FIGURE 4: TIMELINE OF NEAR FIELD COMMUNICATION (NFC) CHIPS

FIGURE 5: MARKET ATTRACTIVENESS INDEX

FIGURE 6: INDUSTRY COMPONENTS OF NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET

FIGURE 7: NUMBER OF CASHLESS TRANSACTIONS IN KEY COUNTRIES

FIGURE 8: ESTIMATES OF NFC-ENABLED HANDSET

FIGURE 9: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 10: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUXILIARY, 2022-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY NON-AUXILIARY, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 13: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY TELEVISION, 2022-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY SMARTPHONE, 2022-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL EQUIPMENT, 2022-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY VERTICALS, 2021 & 2028 (IN %)

FIGURE 18: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY CONSUMER ELECTRONICS, 2022-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)

FIGURE 21: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY BANKING & FINANCE, 2022-2028 (IN $ MILLION)

FIGURE 22: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY MEDICAL, 2022-2028 (IN $ MILLION)

FIGURE 23: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, BY OTHER VERTICALS, 2022-2028(IN $ MILLION)

FIGURE 24: MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 25: UNITED ARAB EMIRATES NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: SAUDI ARABIA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: TURKEY NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: SOUTH AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: REST OF MIDDLE EAST & AFRICA NEAR FIELD COMMUNICATION (NFC) CHIPS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton Market Research’s report insinuates that the Middle East and Africa near field communication (NFC) chips market is anticipated to progress in revenue at a compound annual growth rate of 11.71% during the forecast years 2022-2028. Saudi Arabia, Turkey, South Africa, the UAE, and Rest of Middle East & Africa shape the market in the considered region.

In the UAE, telecommunications is controlled by the Telecommunications Regulatory Authority (TRA) under federal law. Over the years, the telecommunications industry has expanded and developed significantly. Moreover, the rise in internet penetration encouraged companies to offer new services across many areas, including free zone areas. Furthermore, smartphone ownership has grown significantly, creating numerous opportunities for the mobile retail segment. Estimates suggest that smartphone ownership has outstripped the global average. This rise in smartphone adoption is expected to widen the scope of the near field communication chips market.

On the other hand, the South Africa telecommunications industry provides modern and efficient services to urban areas, including cellular and internet services. Moreover, internet services have improved significantly over the years. Several cellular providers have entered the market, including Vodacom, MTN, Cell C, and Telkom. As per estimates, the country has over 21 million internet users, growing on account of rising smartphone adoption. Besides this, smartphones are widely used for various purposes, including money transactions. Thus, the strong telecommunication industry, coupled with high smartphone penetration, drives the near field communication chips market across the country.

 

Get more insights into the Middle East and Africa Near Field Communication Chips Market:

 

https://www.tritonmarketresearch.com/reports/middle-east-and-africa-near-field-communication-chips-market

 

 

COMPETITIVE OUTLOOK

The major firms in the near field communication chips market are Inside Secure SA, Broadcom Corporation, MediaTek Inc, EM Microelectronic Marin SA, NXP Semiconductors NV, and Sony Corporation.

 

SEGMENTATION

1.     BROADCOM CORPORATION

2.     EM MICROELECTRONIC MARIN SA

3.     INSIDE SECURE SA

4.     MARVELL TECHNOLOGY GROUP LTD

5.     MEDIATEK INC

6.     MSTAR SEMICONDUCTOR INC

7.     MURATA MANUFACTURING CO LTD

8.     NXP SEMICONDUCTORS NV

9.     QUALCOMM INC

10. RENESAS ELECTRONICS CORPORATION

11. SAMSUNG SEMICONDUCTOR INC

12. SONY CORPORATION

13. STMICROELECTRONICS NV

14. TEXAS INSTRUMENTS INC

15. TOSHIBA CORPORATION