Near Field Communication (NFC) Systems Market by Application, Product, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 178 SKU: IRTNTR75252

Near Field Communication (NFC) Systems Market Forecast 2023-2027

The Near Field Communication (NFC) Systems Market size is forecast to increase by USD 21,742.46 million, at a CAGR of  14.63% between 2022 and 2027. The growth of the market depends on several factors, including the increased adoption of contactless payments, the integration of NFC technology in smartphones, and the rising government initiatives for digital payments.

What will be the Size of the NFC Systems Market During the Forecast Period?

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Market: Key Drivers, Trends, Challenges, and Customer Landscape

The integration of NFC technology in smartphones is notably driving the market growth, although factors such as increasing cybercrimes issues may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Integration of NFC technology in smartphones is the key factor driving the growth of the global near field communication systems market. NFC technology is widely used in iOS or Android-based smartphones.  NFC-enabled smartphones use an NFC controller chip connected to an NFC antenna. NFC technology allows users to make secure transactions, share digital content, and connect electronic devices with a single touch. Therefore, increasing demand for NFC-enabled smartphones is expected to boost the demand for NFC systems. NFC-enabled smartphones can be used for peer-to-peer communication, read/write mode, and card emulator applications. In peer-to-peer communication mode, the NFC chip allows your smartphone to connect to other NFC-enabled devices to transfer data. Data is transmitted at a frequency of 13.56 megahertz.

In the card emulator mode, an NFC-enabled smartphone can function as a smart card or contactless card to make payments. In the read/write mode, an NFC-enabled smartphone can read or write the NFC tags attached to the products that the device scans. The increasing application of NFC systems is compelling OEMs to integrate NFC systems into their products. Since then, many smartphone OEMs have integrated NFC systems into their devices. Therefore, the increasing penetration of smartphones across the world is expected to drive the demand for NFC systems and, in turn, the growth of the market in focus during the forecast period.

Significant Market Trends

The growing adoption of NFC-equipped devices is the primary trend in the global near field communication systems market. Smart wearables and IoT devices are becoming more and more popular due to their increasing functionality for various applications. If these devices are equipped with NFC built-in capabilities, the wearable device will allow users to pay in stores, grant access to public transport, or grant entry into office buildings. companies such as Infineon Technologies offer NFC systems for wearable devices. For instance, SECORA is a system solution that is designed to be embedded into smart wearables to provide contactless secured payment, transportation ticketing, and other applications via NFC. Thus, it enables secure payments, convenient biometric authentication, and other applications.

Furthermore, in April 2022, MagTek launched the DynaProx family of touchless readers. DynaProx and DynaProx BCR deliver the next-generation touchless payment. Both models come with NFC technology, and DynaProx BCR adds a barcode camera for reading a wide variety of 1D and 2D barcodes. Thus, the increasing integration of NFC technology in devices such as wearable devices and IoT devices, coupled with their increasing adoption, will leverage the application of NFC systems and, in turn, will drive the market in focus during the forecast period.

Major Market Challenge

Increasing cybercrime issues are a major challenge to the growth of the global near field communication systems market. Contactless payment systems based on NFC technology embedded in cards, mobile devices, key fobs, wearables, and other devices allow individuals to swipe their cards or mobile devices through POS terminals to make secure payments.  When the card is brought close, the contactless payment terminal sends a signal, activating the NFC chip embedded in the card, which responds with a unique identification number (ID) and transaction information. This transaction information cannot be reused, preventing it from being used by cybercriminals.

However, in late 2022, Prilex's developers updated the malware with code that blocks contactless transactions, which results in the terminal prompting the buyer to insert their credit card in the device. This makes malware able to read the data coming from the transaction and causes money theft. Thus, the update in code by cybercriminals may cause cybercrimes while using NFC technology. This will hamper the adoption of NFC systems for contactless payments and, in turn, will negatively impact the market in focus during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major NFC Systems Market companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Nordic Semiconductor ASA: The company offers NFC systems such as UHF band RFID, HF band RFID. Also, the company offers cellular IoT wireless technologies and connectivity devices.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • ASSA ABLOY AB
  • Avery Dennison Corp.
  • Broadcom Inc.
  • Intel Corp.
  • KISI Inc.
  • MagTek Inc.
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors NV
  • Qualcomm Inc.
  • Samsung Electronics Co. Ltd.
  • Sony Group Corp.
  • STMicroelectronics NV
  • Texas Instruments Inc.
  • Thales Group
  • The Swatch Group Ltd.

Qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth by the retail segment will be significant during the forecast period. The retail industry uses the NFC system to manage inventory, assets, and supply chains. Factors such as high customer satisfaction and better inventory control have prompted large retailers such as, Amazon and Flipkart, to mandate the use of NFC systems in their warehouses. This has boosted the revenue of the global market in the retail segment. 

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The retail segment was valued at USD 5,480.10 million in 2017 and continued to grow until 2021. The emergence of unmanned retail stores and self-checkout stores will increase the adoption of NFC systems in the retail sector during the forecast period. The adoption of smartphones by individual users has led to the adoption of self-checkout processes that reduce the time it takes to complete the payment process. In the self-checkout process, once payment is made through a payment gateway, the NFC tag is deactivated and the consumer is allowed to leave the store. High customer satisfaction and better NFC systems will lead to greater acceptance of NFC systems in retail stores. In addition, companies such as NXP Semiconductors offer NFC systems such as NFC tags for retail. Hence, all these factors drive the segment and, thus the market to watch during the forecast period.  

Which are the Key Regions for the Near Field Communication (NFC) Systems Market?

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Buyers of NFC systems in North America include manufacturers of smartphones, smartwatches, and point-of-sale terminals. These OEMs are integrating NFC systems into their devices to give consumers access to a wide range of applications. B. Contactless payments, data exchange, and access to parking spaces. Also, the presence of leading companies, such as Qualcomm Technologies, Intel, and Broadcom, in the region leverages the adoption of NFC technology and, in turn, NFC systems in the region.

For instance, in December 2022, HID announced the acquisition of Janam Technologies, a leading vendor of handheld mobile computers and readers. The acquisition enhances various technologies offered by HID, including the NFC system. Therefore, the presence of major companies coupled with growing developments will drive the growth of the regional market during the forecast period.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and analysis and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Retail
    • Automotive
    • Transportation
    • Banking and Finance and Others
  • Product Outlook 
    • NFC readers
    • NFC chips
    • NFC tags
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing substantial growth, driven by the increasing prevalence of mobile commerce and the integration of wearable technology. Short-range communication capabilities have become pivotal in facilitating seamless mobile transactions for smartphone users. Point of Sale (PoS) systems, backed by financial institutions, leverage wearable technology and short-range communication protocols, enhancing the overall transmission frequency.

While the adoption of NFC-based mobile wallets is on the rise for retail applications, security concerns and privacy protection remain paramount. Financial institutions are investing in robust measures to counter malware applications and ensure the safety of transactions. As substitute payment methods gain traction, the NFC alternative and reader emulation technologies contribute to the evolution of mobile payment ecosystems. Non-Auxiliary products, such as NFC-enabled accessories and NFC IC/Chips, play a vital role in access control and data sharing. The banking and finance sector, leveraging mobile technologies, cloud infrastructure, and digital e-wallet apps, is at the forefront of integrating NFC systems to provide efficient and secure transaction experiences for consumers.

 NFC Systems Market Scope

Report Coverage

Details

Page number

178

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 14.63%

Market growth 2023-2027

USD 21,742.46 million

Market structure

Fragmented

YoY growth 2022-2023(%)

13.41

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

 Leading companies, market positioning of companies, competitive strategies, and industry risks

Key companies profiled

ASSA ABLOY AB, Avery Dennison Corp., Broadcom Inc., Intel Corp., KISI Inc., MagTek Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Qualcomm Inc., Samsung Electronics Co. Ltd., Sony Group Corp., STMicroelectronics NV, Texas Instruments Inc., Thales Group, The Swatch Group Ltd., Zebra Technologies Corp., Zeus RFID, Renesas Electronics Corp., and Infineon Technologies AG

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this NFC Systems Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • Thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report of factors that will challenge the growth of companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global NFC systems market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global nfc systems market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Retail - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 6.4 Automotive - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.5 Transportation - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Transportation - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Transportation - Year-over-year growth 2022-2027 (%)
    • 6.6 Banking and finance and others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Banking and finance and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Banking and finance and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Banking and finance and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Banking and finance and others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 52: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 54: Chart on Comparison by Product
      • Exhibit 55: Data Table on Comparison by Product
    • 7.3 NFC readers - Market size and forecast 2022-2027
      • Exhibit 56: Chart on NFC readers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on NFC readers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on NFC readers - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on NFC readers - Year-over-year growth 2022-2027 (%)
    • 7.4 NFC chips - Market size and forecast 2022-2027
      • Exhibit 60: Chart on NFC chips - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on NFC chips - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on NFC chips - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on NFC chips - Year-over-year growth 2022-2027 (%)
    • 7.5 NFC tags - Market size and forecast 2022-2027
      • Exhibit 64: Chart on NFC tags - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on NFC tags - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on NFC tags - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on NFC tags - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 72: Market opportunity by Product ($ million)
      • Exhibit 73: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Broadcom Inc.
              • Exhibit 127: Broadcom Inc. - Overview
              • Exhibit 128: Broadcom Inc. - Business segments
              • Exhibit 129: Broadcom Inc. - Key news
              • Exhibit 130: Broadcom Inc. - Key offerings
              • Exhibit 131: Broadcom Inc. - Segment focus
            • 12.4 Infineon Technologies AG
              • Exhibit 132: Infineon Technologies AG - Overview
              • Exhibit 133: Infineon Technologies AG - Business segments
              • Exhibit 134: Infineon Technologies AG - Key news
              • Exhibit 135: Infineon Technologies AG - Key offerings
              • Exhibit 136: Infineon Technologies AG - Segment focus
            • 12.5 Intel Corp.
              • Exhibit 137: Intel Corp. - Overview
              • Exhibit 138: Intel Corp. - Business segments
              • Exhibit 139: Intel Corp. - Key news
              • Exhibit 140: Intel Corp. - Key offerings
              • Exhibit 141: Intel Corp. - Segment focus
            • 12.6 MagTek Inc.
              • Exhibit 142: MagTek Inc. - Overview
              • Exhibit 143: MagTek Inc. - Product / Service
              • Exhibit 144: MagTek Inc. - Key offerings
            • 12.7 Murata Manufacturing Co. Ltd.
              • Exhibit 145: Murata Manufacturing Co. Ltd. - Overview
              • Exhibit 146: Murata Manufacturing Co. Ltd. - Business segments
              • Exhibit 147: Murata Manufacturing Co. Ltd. - Key news
              • Exhibit 148: Murata Manufacturing Co. Ltd. - Key offerings
              • Exhibit 149: Murata Manufacturing Co. Ltd. - Segment focus
            • 12.8 Nordic Semiconductor ASA
              • Exhibit 150: Nordic Semiconductor ASA - Overview
              • Exhibit 151: Nordic Semiconductor ASA - Product / Service
              • Exhibit 152: Nordic Semiconductor ASA - Key offerings
            • 12.9 NXP Semiconductors NV
              • Exhibit 153: NXP Semiconductors NV - Overview
              • Exhibit 154: NXP Semiconductors NV - Product / Service
              • Exhibit 155: NXP Semiconductors NV - Key news
              • Exhibit 156: NXP Semiconductors NV - Key offerings
            • 12.10 Qualcomm Inc.
              • Exhibit 157: Qualcomm Inc. - Overview
              • Exhibit 158: Qualcomm Inc. - Business segments
              • Exhibit 159: Qualcomm Inc. - Key news
              • Exhibit 160: Qualcomm Inc. - Key offerings
              • Exhibit 161: Qualcomm Inc. - Segment focus
            • 12.11 Renesas Electronics Corp.
              • Exhibit 162: Renesas Electronics Corp. - Overview
              • Exhibit 163: Renesas Electronics Corp. - Business segments
              • Exhibit 164: Renesas Electronics Corp. - Key offerings
              • Exhibit 165: Renesas Electronics Corp. - Segment focus
            • 12.12 Samsung Electronics Co. Ltd.
              • Exhibit 166: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 167: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 168: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 169: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 170: Samsung Electronics Co. Ltd. - Segment focus
            • 12.13 Sony Group Corp.
              • Exhibit 171: Sony Group Corp. - Overview
              • Exhibit 172: Sony Group Corp. - Business segments
              • Exhibit 173: Sony Group Corp. - Key news
              • Exhibit 174: Sony Group Corp. - Key offerings
              • Exhibit 175: Sony Group Corp. - Segment focus
            • 12.14 STMicroelectronics NV
              • Exhibit 176: STMicroelectronics NV - Overview
              • Exhibit 177: STMicroelectronics NV - Business segments
              • Exhibit 178: STMicroelectronics NV - Key news
              • Exhibit 179: STMicroelectronics NV - Key offerings
              • Exhibit 180: STMicroelectronics NV - Segment focus
            • 12.15 Texas Instruments Inc.
              • Exhibit 181: Texas Instruments Inc. - Overview
              • Exhibit 182: Texas Instruments Inc. - Business segments
              • Exhibit 183: Texas Instruments Inc. - Key news
              • Exhibit 184: Texas Instruments Inc. - Key offerings
              • Exhibit 185: Texas Instruments Inc. - Segment focus
            • 12.16 Thales Group
              • Exhibit 186: Thales Group - Overview
              • Exhibit 187: Thales Group - Business segments
              • Exhibit 188: Thales Group - Key news
              • Exhibit 189: Thales Group - Key offerings
              • Exhibit 190: Thales Group - Segment focus
            • 12.17 The Swatch Group Ltd.
              • Exhibit 191: The Swatch Group Ltd. - Overview
              • Exhibit 192: The Swatch Group Ltd. - Business segments
              • Exhibit 193: The Swatch Group Ltd. - Key offerings
              • Exhibit 194: The Swatch Group Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 195: Inclusions checklist
                • Exhibit 196: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 197: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 198: Research methodology
                • Exhibit 199: Validation techniques employed for market sizing
                • Exhibit 200: Information sources
              • 13.5 List of abbreviations
                • Exhibit 201: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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