| Product Code: ETC12747396 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import trend of NFC chips in Benin experienced a significant decline from 2020 to 2024. The compound annual growth rate (CAGR) for this period was -29.60%. In particular, the year-on-year growth rate for 2023-2024 stood at -74.66%, indicating a substantial decrease in imports during that specific year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin NFC Chips Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin NFC Chips Market Revenues & Volume, 2022 & 2032F |
3.3 Benin NFC Chips Market - Industry Life Cycle |
3.4 Benin NFC Chips Market - Porter's Five Forces |
3.5 Benin NFC Chips Market Revenues & Volume Share, By Chip Type, 2022 & 2032F |
3.6 Benin NFC Chips Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Benin NFC Chips Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Benin NFC Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for secure transactions and data transfer in various industries |
4.2.2 Growing adoption of contactless payment systems in Benin |
4.2.3 Government initiatives to promote digital payments and smart city initiatives |
4.3 Market Restraints |
4.3.1 High initial setup costs for NFC infrastructure |
4.3.2 Limited awareness and understanding of NFC technology among consumers |
4.3.3 Security concerns related to NFC transactions |
5 Benin NFC Chips Market Trends |
6 Benin NFC Chips Market, By Types |
6.1 Benin NFC Chips Market, By Chip Type |
6.1.1 Overview and Analysis |
6.1.2 Benin NFC Chips Market Revenues & Volume, By Chip Type, 2022 - 2032F |
6.1.3 Benin NFC Chips Market Revenues & Volume, By Passive NFC Chips, 2022 - 2032F |
6.1.4 Benin NFC Chips Market Revenues & Volume, By Active NFC Chips, 2022 - 2032F |
6.1.5 Benin NFC Chips Market Revenues & Volume, By Secure NFC Chips, 2022 - 2032F |
6.2 Benin NFC Chips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin NFC Chips Market Revenues & Volume, By Payment Terminals, 2022 - 2032F |
6.2.3 Benin NFC Chips Market Revenues & Volume, By Access Control, 2022 - 2032F |
6.2.4 Benin NFC Chips Market Revenues & Volume, By Smart Cards, 2022 - 2032F |
6.2.5 Benin NFC Chips Market Revenues & Volume, By Consumer Electronics, 2022 - 2032F |
6.2.6 Benin NFC Chips Market Revenues & Volume, By Automotive Connectivity, 2022 - 2032F |
6.3 Benin NFC Chips Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Benin NFC Chips Market Revenues & Volume, By Retail, 2022 - 2032F |
6.3.3 Benin NFC Chips Market Revenues & Volume, By Banking & Financial, 2022 - 2032F |
6.3.4 Benin NFC Chips Market Revenues & Volume, By Government, 2022 - 2032F |
6.3.5 Benin NFC Chips Market Revenues & Volume, By Consumer Goods, 2022 - 2032F |
6.3.6 Benin NFC Chips Market Revenues & Volume, By Automotive, 2022 - 2032F |
7 Benin NFC Chips Market Import-Export Trade Statistics |
7.1 Benin NFC Chips Market Export to Major Countries |
7.2 Benin NFC Chips Market Imports from Major Countries |
8 Benin NFC Chips Market Key Performance Indicators |
8.1 Number of NFC-enabled devices in use |
8.2 Growth in the number of NFC-enabled payment terminals |
8.3 Percentage increase in NFC transactions compared to traditional payment methods |
9 Benin NFC Chips Market - Opportunity Assessment |
9.1 Benin NFC Chips Market Opportunity Assessment, By Chip Type, 2022 & 2032F |
9.2 Benin NFC Chips Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Benin NFC Chips Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Benin NFC Chips Market - Competitive Landscape |
10.1 Benin NFC Chips Market Revenue Share, By Companies, 2025 |
10.2 Benin NFC Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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