Asia Pacific NFC Chip Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Active and Passive), Storage Capacity (64 Bytes, 180 Bytes, 540 Bytes, and Others), and End User (Consumer Electronics, Automotive, Healthcare, Retail, Medical, and Others)
The Asia Pacific NFC chip market is expected to reach US$ 4712.53 million by 2028 from an estimated value of US$ 2071.50 million in 2021. It is estimated to grow at a CAGR of 12.5% from 2021 to 2028.
The growth of the market is due to are proliferation of NFC-based smartphones and rising demand for contactless payment. However, short operational range and security concerns is expected to restrict the market growth during the forecast period.
NFC (near-field communication) is commonly employed in various communication apps. Patient identification, blood transfusion, drug administration, medical personnel tracking, and medical record access have all been demonstrated in health care. The wave of NFC technology has been merged with the Internet of Things (IoT) technologies in healthcare. NFC technology can improve workflow by combining mobile EMR systems with technology.
Public and private spaces exist in many healthcare facilities, including hospitals, treatment centers, clinics, and pharmacies. It is critical to keep these spaces separate, with only authorized staff having access to medical cabinets or operating rooms. NFC tags can track and log every entrance and exit. Employee badges, smartphones, and other devices can be equipped with NFC for access privileges.
NFC allows hospitals to track who is there and who has done what. Medical personnel may see where a patient is when the nurse last came in and what therapy a doctor just gave in real-time.
Data is gathered and stored in access-controlled databases that may be viewed in various forms to help improve logistics, simplify record-keeping, and avoid errors. Patients' traditional bracelets can be replaced with NFC tags and NFC-enabled wristbands, updated with real-time information, such as drug administration details or which treatment needs to be performed.
When NFC tags are placed on a medication's package or labeling, users can verify the medication's legitimacy, check dosage details, and learn about side effects and drug interactions just by pressing the tag with their smartphone or tablet. The tag can also provide access to web links, extra information, a refill request, or a medical professional's contact information. These are a few examples of how NFC might benefit healthcare. As the industry implements the technology, NFC is expected to significantly enhance care by decreasing costs, boosting efficiency, and improving outcomes in healthcare institutions and at home.
Asia Pacific NFC Chip Market Revenue and Forecast to 2028 (US$ Mn)
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ASIA PACIFIC NFC CHIP MARKET SEGMENTATION
By Type
- Active
- Passive
By Storage Capacity
- 64 Bytes
- 180 Bytes
- 540 Bytes
- Others
By End User
- Consumer Electronics
- Automotive and Transportation
- Retail
- Healthcare
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
- Broadcom Inc.
- INFINEON TECHNOLOGIES AG
- Identiv, Inc
- Toshiba Corporation
- Intel Corporation
- NXP Semiconductors
- Samsung Electronics Co., Ltd.
- Qualcomm Technologies, Inc.
- STMicroelectronics
- Texas Instruments Incorporated
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. NFC Chip Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. NFC Chip Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Proliferation of NFC-based Smartphones
5.1.2 Rising Demand for Contactless Payment
5.2 Market Restraints
5.2.1 Short Operational Range and Security Concerns
5.3 Market Opportunities
5.3.1 Integration of NFCs with Medical Equipment
5.4 Future Trends
5.4.1 Surge in Adoption of NFC-Enabled Wearable Technology
5.5 Impact Analysis of Drivers and Restraints
6. NFC Chip Market – Asia Pacific Analysis
6.1 NFC Chip Market Asia Pacific Overview
6.2 NFC Chip Market – Asia Pacific Revenue and Forecast to 2028 (US$ Million)
7. NFC Chip Market Analysis – By Storage Capacity
7.1 Overview
7.2 NFC Chip Market, By Storage Capacity (2020 and 2028)
7.3 Bytes
7.3.1 Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Bytes
7.4.1 Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Bytes
7.5.1 Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Others: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
8. NFC Chip Market Analysis – By Type
8.1 Overview
8.2 NFC Chip Market, By Type (2020 and 2028)
8.3 Active
8.3.1 Overview
8.3.2 Active: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Passive
8.4.1 Overview
8.4.2 Passive: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
9. NFC Chip Market Analysis – By End User
9.1 Overview
9.2 NFC Chip Market, By End User (2020 and 2028)
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive & Transportation
9.4.1 Overview
9.4.2 Automotive & Transportation: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Retail
9.5.1 Overview
9.5.2 Retail: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Healthcare
9.6.1 Overview
9.6.2 Healthcare: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific NFC Chip Market –Country Analysis
10.1 APAC: NFC Chip Market
10.1.1 APAC: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2 APAC: NFC Chip Market, by Type
10.1.3 APAC: NFC Chip Market, by Storage Capacity
10.1.4 APAC: NFC Chip Market, by End User
10.1.5 APAC: NFC Chip Market, by Key Country
10.1.5.1 Australia: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1.1 Australia: NFC Chip Market, by Type
10.1.5.1.2 Australia: NFC Chip Market, by Storage Capacity
10.1.5.1.3 Australia: NFC Chip Market, by End User
10.1.5.2 China: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.2.1 China: NFC Chip Market, by Type
10.1.5.2.2 China: NFC Chip Market, by Storage Capacity
10.1.5.2.3 China: NFC Chip Market, by End User
10.1.5.3 India: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.1 India: NFC Chip Market, by Type
10.1.5.3.2 India: NFC Chip Market, by Storage Capacity
10.1.5.3.3 India: NFC Chip Market, by End User
10.1.5.4 Japan: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4.1 Japan: NFC Chip Market, by Type
10.1.5.4.2 Japan: NFC Chip Market, by Storage Capacity
10.1.5.4.3 Japan: NFC Chip Market, by End User
10.1.5.5 South Korea: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5.1 South Korea: NFC Chip Market, by Type
10.1.5.5.2 South Korea: NFC Chip Market, by Storage Capacity
10.1.5.5.3 South Korea: NFC Chip Market, by End User
10.1.5.6 Rest of APAC: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.6.1 Rest of APAC: NFC Chip Market, by Type
10.1.5.6.2 Rest of APAC: NFC Chip Market, by Storage Capacity
10.1.5.6.3 Rest of APAC: NFC Chip Market, by End User
11. Impact of COVID-19 Pandemic on Asia Pacific NFC Chip Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 Broadcom Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 INFINEON TECHNOLOGIES AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Identiv, Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Toshiba Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Intel Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 NXP Semiconductors
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Samsung Electronics Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Qualcomm Technologies, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 STMicroelectronics
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Texas Instruments Incorporated
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 3. APAC: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: NFC Chip Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC: NFC Chip Market, by Storage Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of APAC: NFC Chip Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. NFC Chip Market Segmentation
Figure 2. NFC Chip Market Segmentation – By Country
Figure 3. North America NFC Chip Market Overview
Figure 4. Passive Segment Held the Largest Market Share in 2020
Figure 5. Bytes Segment Held the Largest Market Share in 2020
Figure 6. Consumer Electronics Segment Held the Largest Market Share in 2020
Figure 7. China was the Largest Revenue Contributor in 2020
Figure 8. Asia-Pacific – PEST Analysis
Figure 9. NFC Chip Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. NFC Chip Market: Impact Analysis of Drivers and Restraints
Figure 12. Asia Pacific NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. NFC Chip Market Revenue Share, by Storage Capacity (2020 and 2028)
Figure 14. Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Bytes: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. NFC Chip Market Revenue Share, by Type (2020 and 2028)
Figure 19. Active: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Passive: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. NFC Chip Market Revenue Share, by End User (2020 and 2028)
Figure 22. Consumer Electronics: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Automotive & Transportation: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Retail: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Healthcare: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. APAC: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. APAC: NFC Chip Market Revenue Share, by Type (2020 and 2028)
Figure 29. APAC: NFC Chip Market Revenue Share, by Storage Capacity (2020 and 2028)
Figure 30. APAC: NFC Chip Market Revenue Share, by End User (2020 and 2028)
Figure 31. APAC: NFC Chip Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. Australia: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. China: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. India: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Japan: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. South Korea: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of APAC: NFC Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Asia Pacific Country Markets- Broadcom Inc.
- INFINEON TECHNOLOGIES AG
- Identiv, Inc
- Toshiba Corporation
- Intel Corporation
- NXP Semiconductors
- Samsung Electronics Co., Ltd.
- Qualcomm Technologies, Inc.
- STMicroelectronics
- Texas Instruments Incorporated
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