Taiwan NFC-enabled Handsets Market Outlook and Forecast 2024-2030

Taiwan NFC-enabled Handsets market size was valued at US$ 845.6 million in 2024 and is projected to reach US$ 1.24 billion by 2030, at a CAGR of 6.6% during the forecast period 2024-2030.

Mobile devices equipped with Near Field Communication technology for contactless communication, payments, and data exchange.
The Taiwan NFC-enabled Handsets market is experiencing robust growth driven by increasing mobile payment adoption and contactless applications. Smartphone manufacturers have achieved 85% NFC integration rate in mid to high-end models. The "Digital Payment Innovation Program" allocated NT$34.6 billion, with NT$8.4 billion for mobile payment infrastructure. Industry leaders invested US$56.8 million in developing advanced NFC solutions. Market penetration in mobile payments increased by 65% in 2024, with daily transaction values exceeding NT$2.5 billion. The integration of NFC in public transportation has driven 45% growth in contactless ticketing. Manufacturers have reduced NFC module costs by 28% while improving security features. Future developments include ultra-wideband NFC integration with US$24.5 million investment. Government initiatives promote cashless transactions through tax incentives. The sector witnessed 40% growth in IoT device pairing applications. Security enhancements have reduced fraud incidents by 75%. Local production accounts for 60% of NFC modules used in domestic handsets. Research collaborations have led to 25 new patents in NFC security. The industry maintains strict EMC compliance with 99.9% pass rates in certification testing.

This report contains market size and forecasts of NFC-enabled Handsets in Taiwan, including the following market information:
•    Taiwan NFC-enabled Handsets Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    Taiwan NFC-enabled Handsets Market Sales, 2019-2024, 2024-2030,
•    Taiwan Top five NFC-enabled Handsets companies in 2023 (%)

Report Includes

This report presents an overview of Taiwan market for NFC-enabled Handsets , sales, revenue and price. Analyses of the Taiwan market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the NFC-enabled Handsets sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Taiwan NFC-enabled Handsets market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Feature Phones
•    Smartphones

Segment by Applications

•    Mobile Payment
•    ID Authentication
•    Transit Fare Collection
•    Other

Key Companies covered in this report:

•    HTC
•    ASUS
•    Acer
•    Gigabyte Technology
•    Foxconn Technology Group
•    Quanta Computer
•    Wistron Corporation
•    Compal Electronics
•    Micro-Star International (MSI)
•    BenQ Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies NFC-enabled Handsets revenues in Taiwann market, 2019-2024 (Estimated), ($ millions)
•    Key companies NFC-enabled Handsets revenues share in Taiwann market, 2023 (%)
•    Key companies NFC-enabled Handsets sales in Taiwann market, 2019-2024 (Estimated),
•    Key companies NFC-enabled Handsets sales share in Taiwann market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Taiwann Market Analysis: The report includes Taiwann market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the NFC-enabled Handsets Market
•    Overview of the regional outlook of the NFC-enabled Handsets Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global NFC-enabled Handsets Market 
•    United States NFC-enabled Handsets Market 
•    Japan NFC-enabled Handsets Market 
•    Germany NFC-enabled Handsets Market 
•    South Korea NFC-enabled Handsets Market 
•    Indonesia NFC-enabled Handsets Market 
•    Brazil NFC-enabled Handsets Market

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