| Product Code: ETC7548506 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Indian NFC chip market import shipments exhibited robust growth with a CAGR of 35.2% from 2020 to 2024. However, the growth rate slightly decreased by 24.0% between 2023 and 2024. Overall, the market expansion showed signs of stabilization towards the end of the period.
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 India NFC Chip Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India NFC Chip Market Revenues & Volume, 2021 & 2031F |
3.3 India NFC Chip Market - Industry Life Cycle |
3.4 India NFC Chip Market - Porter's Five Forces |
3.5 India NFC Chip Market Revenues & Volume Share, By Storage Capacity, 2021 & 2031F |
3.6 India NFC Chip Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India NFC Chip Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India NFC Chip Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in India |
4.2.2 Growing demand for secure and efficient payment solutions |
4.2.3 Government initiatives promoting digital payments and cashless transactions |
4.3 Market Restraints |
4.3.1 Lack of awareness and understanding of NFC technology among consumers |
4.3.2 Limited infrastructure supporting NFC technology in India |
4.3.3 Concerns regarding data security and privacy issues related to NFC technology |
5 India NFC Chip Market Trends |
6 India NFC Chip Market, By Types |
6.1 India NFC Chip Market, By Storage Capacity |
6.1.1 Overview and Analysis |
6.1.2 India NFC Chip Market Revenues & Volume, By Storage Capacity, 2021- 2031F |
6.1.3 India NFC Chip Market Revenues & Volume, By Up to 64 Bytes, 2021- 2031F |
6.1.4 India NFC Chip Market Revenues & Volume, By 65 to 168 Bytes, 2021- 2031F |
6.1.5 India NFC Chip Market Revenues & Volume, By 169 to 180 Bytes, 2021- 2031F |
6.1.6 India NFC Chip Market Revenues & Volume, By 181 to 540 Bytes, 2021- 2031F |
6.1.7 India NFC Chip Market Revenues & Volume, By Above 540 Bytes, 2021- 2031F |
6.2 India NFC Chip Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India NFC Chip Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.2.3 India NFC Chip Market Revenues & Volume, By Laptops & Notebooks, 2021- 2031F |
6.2.4 India NFC Chip Market Revenues & Volume, By Smart Cards, 2021- 2031F |
6.2.5 India NFC Chip Market Revenues & Volume, By Televisions, 2021- 2031F |
6.2.6 India NFC Chip Market Revenues & Volume, By Point of Sales Systems, 2021- 2031F |
6.2.7 India NFC Chip Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.2.8 India NFC Chip Market Revenues & Volume, By Others (Smart Wearables, Printers, etc.), 2021- 2031F |
6.2.9 India NFC Chip Market Revenues & Volume, By Others (Smart Wearables, Printers, etc.), 2021- 2031F |
6.3 India NFC Chip Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 India NFC Chip Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.3.3 India NFC Chip Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.4 India NFC Chip Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.5 India NFC Chip Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.6 India NFC Chip Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.7 India NFC Chip Market Revenues & Volume, By Building & Infrastructure, 2021- 2031F |
7 India NFC Chip Market Import-Export Trade Statistics |
7.1 India NFC Chip Market Export to Major Countries |
7.2 India NFC Chip Market Imports from Major Countries |
8 India NFC Chip Market Key Performance Indicators |
8.1 Number of NFC-enabled POS terminals deployed in India |
8.2 Percentage increase in mobile wallet transactions using NFC technology |
8.3 Adoption rate of NFC-enabled smartphones in the Indian market |
9 India NFC Chip Market - Opportunity Assessment |
9.1 India NFC Chip Market Opportunity Assessment, By Storage Capacity, 2021 & 2031F |
9.2 India NFC Chip Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India NFC Chip Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India NFC Chip Market - Competitive Landscape |
10.1 India NFC Chip Market Revenue Share, By Companies, 2024 |
10.2 India NFC Chip 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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