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rohitpalan · 11 days ago

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Radio Frequency Identification Market Set to Soar at 13.2% CAGR, Reaching US$ 56.37 Billion by 2034

In the current year of 2023, the radio frequency identification market is projected to be valued around US$ 25.9 billion. By 2033, the whole market is projected to have grown to US$ 122.6 billion, with a compound annual growth rate of 16.8%.

One of the main reasons for the RFID market’s faster growth rate is the expanding need for this technology in the industrial sector for transmission lines. Furthermore, the necessity for RFID solutions has grown recently in the global market due to the rising need for improved inventory management.

The RFID technology is currently widely deployed to monitor assets on a real-time basis in industries such as transportation, logistics and supply chain, retailing, security, and so on. Recent technological advancements have also opened up the road for Radio Frequency Identification (RFID) market in the healthcare sector.

The sudden increase in the deployment of RFID solutions throughout healthcare and service sectors has promoted the growth of the aforementioned market. Furthermore, the increase in laws and policy efforts is likely to drive research in Radio Frequency Identification technology.

Unfortunately, the high costs associated therewith RFID installation, procurement, and maintenance are expected to limit the market growth to certain degrees. Moreover, worries about data security and privacy, are projected to hinder the rapid adoption of RFID technology in many sectors as well.

Key Takeaways from the Radio Frequency Identification Market Study

China is the leading country in terms of the production and consumption of RFID products around the world. This regional market contributes to around 25% of the market alone and is poised to reach US$ 30.3 Bn by 2033.

The United States is the second-largest regional RFID market. The market is predicted to register a CAGR of 11.5% over the forecast years and reach a valuation of US$ 14.9 Bn by 2033.

India comes third in the overall sales of RFID products. However, it is the fastest-growing region in terms of the adoption of RFID technology and is anticipated to register a CAGR of 22.9% through 2033.

In Europe, the United Kingdom holds the largest market for an RFID solutions. It is projected to grow at a rate of 17.8% from 2023 to 2033 and reach a valuation of US$ 7.3 Bn by the end.

Based on components, RFID readers have garnered the highest sales than any other segment. It is predicted to register the highest CAGR of 16.5% until the year 2033.

Likewise, in the applications category, the retail and consumer goods segment promises a very lucrative opportunity for the market. This RFID market segment is expected to witness a year-on-year growth rate of 15.9% during the forecast years.

Competitive Landscape for the Radio Frequency Identification Market

Zebra Technologies Corporation, Invengo Information Technology Co. Ltd., Xerox Corporation, Thin Film Electronics ASA, HID Global Corporation, GAO RFID Inc., Impinj, Inc., Alien Technology, Omni-ID, Ltd. and Molex Inc. among others are some of the major players in the global Radio-frequency Identification technology market.

The availability of low-cost RFID solutions with high rates of return has motivated many emerging industries to enter this market in the last few years. Additionally, an increased favourable policy and government frameworks and regulatory requirements for its uses have increased the sales of RFID tags recently.

Radio Frequency Identification Market by Category

Component:

RFID Tags

Low Frequency (LF)

High Frequency (HF)

Ultra-High Frequency (UHF)

Microwave Frequency

Ultra-Wideband (UWB)

RFID Readers

RFID Software and Middleware

Applications:

Logistics and Transportation

Aerospace and Defense

Automotive

Retail and Consumer Goods

Agriculture

Healthcare

Government

Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa

#Radio Frequency Identification Market

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harshnews · 2 months ago

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Radio-Frequency Identification Technology (RFID) in Healthcare Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis

"Global Radio-Frequency Identification Technology (RFID) in Healthcare Market – Industry Trends and Forecast to 2028

Global Radio-Frequency Identification Technology (RFID) in Healthcare Market, By Product (Systems & Software, Tags, Readers, Printers, Others), Application (Asset Tracking, Patient Tracking, Pharmaceutical Tracking, Blood Tracking, Others), End- User (Hospitals, Pharmaceutical, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.

Access Full 350 Pages PDF Report @

**Segments**

- **By Component:** RFID Tags, RFID Readers, RFID Software - **By Application:** Asset Tracking, Patient Tracking, Pharmaceutical Tracking, Blood Tracking - **By End User:** Hospitals, Pharmaceuticals & Biotechnology Companies, Research Institutes

RFID technology in healthcare has revolutionized the way assets and patients are tracked within the industry. The market is segmented by component, application, and end user to cater to specific needs and requirements in healthcare settings. The components include RFID tags, readers, and software which work in tandem to provide a seamless tracking system. The applications of RFID in healthcare are diverse, ranging from asset tracking to patient tracking, pharmaceutical tracking, and blood tracking. Each application serves a crucial role in improving operational efficiency and patient safety within healthcare facilities. Furthermore, the end users of RFID technology in healthcare include hospitals, pharmaceuticals & biotechnology companies, and research institutes, all of which benefit from the precise tracking and data management capabilities of RFID systems.

**Market Players**

- **Alien Technology** - **Avery Dennison Corporation** - **Gentag Inc.** - **IBM Corporation** - **Impinj, Inc.** - **Motorola Solutions, Inc.** - **NXP Semiconductors** - **ThingMagic, Inc.** - **Zebra Technologies**

The RFID in healthcare market is filled with key players who are driving innovation and advancement in the industry. Companies such as Alien Technology, Avery Dennison Corporation, and Gentag Inc. are at the forefront of providing cutting-edge RFID solutions for healthcare applications. Additionally, industry giants like IBM Corporation, Impinj, Inc., and Motorola Solutions, Inc. are leveraging their expertise to develop tailored RFID systems for the healthcare sector. Moreover, semiconductor leaders such as NXP Semiconductors are contributing to the growth of RFID technology in healthcare. Other prominent players in the market include ThingMagic, Inc. and Zebra Technologies, each playing a vital role in expanding the adoptionRFID technology has significantly transformed the healthcare industry by offering efficient tracking solutions for assets, patients, pharmaceuticals, and blood products. The market segmentation based on components, applications, and end-users provides a structured approach for catering to the diverse needs within healthcare settings. RFID tags, readers, and software work cohesively to create a seamless tracking system that enhances operational efficiency and patient safety. Asset tracking ensures accurate inventory management, patient tracking improves care delivery and monitoring, pharmaceutical tracking minimizes errors in medication administration, and blood tracking enhances blood transfusion safety. The versatility of RFID technology enables healthcare facilities to streamline processes and improve overall quality of care.

In the competitive landscape of RFID technology in healthcare, key market players are driving innovation and shaping the industry's growth trajectory. Companies like Alien Technology, Avery Dennison Corporation, and Gentag Inc. are known for their advanced RFID solutions tailored for healthcare applications. Their expertise in developing RFID tags and readers that meet the stringent requirements of the healthcare sector has helped in boosting adoption rates across various healthcare facilities. Established technology companies such as IBM Corporation, Impinj, Inc., and Motorola Solutions, Inc. are leveraging their resources to develop sophisticated RFID systems that address the specific needs of hospitals, pharmaceutical companies, and research institutes.

Semiconductor leaders like NXP Semiconductors also play a crucial role in advancing RFID technology in healthcare by providing cutting-edge components that enhance the performance and capabilities of RFID systems. Their contributions to improving the efficiency and accuracy of RFID applications in healthcare further solidify the market's growth potential. Additionally, companies such as ThingMagic, Inc. and Zebra Technologies bring their expertise in RFID technology to offer comprehensive solutions for healthcare providers looking to optimize their tracking and data management processes. With a focus on innovation, quality, and reliability, these market players are driving the evolution of RFID technology in healthcare and are pivotal in shaping the future of tracking and monitoring solutions within the industry.

Overall, the RFID technology market in healthcare is characterized by intense competition, rapid**Global Radio-Frequency Identification Technology (RFID) in Healthcare Market**

- **By Product:** Systems & Software, Tags, Readers, Printers, Others - **By Application:** Asset Tracking, Patient Tracking, Pharmaceutical Tracking, Blood Tracking, Others - **By End-User:** Hospitals, Pharmaceutical, Others

The global RFID technology market in healthcare is witnessing significant growth driven by the increasing demand for efficient tracking solutions in healthcare facilities. The market segmentation based on products, applications, and end-users provides a comprehensive overview of the diverse needs within the healthcare sector. Systems & software, tags, readers, and printers are key product segments contributing to the growth of RFID technology in healthcare. Asset tracking, patient tracking, pharmaceutical tracking, and blood tracking are crucial applications of RFID technology in healthcare, highlighting the versatility and utility of RFID systems in enhancing operational efficiency and patient safety. Hospitals, pharmaceutical companies, and other end-users benefit from the accurate tracking and data management capabilities of RFID technology, leading to improved inventory management, care delivery, and medication administration within healthcare settings.

RFID technology in healthcare is poised for exponential growth, driven by key market players who are leading the way in innovation and technological advancements. Companies such as Alien Technology, Avery Dennison Corporation, and Gentag Inc. are known for their cutting-edge RFID solutions tailored specifically for healthcare applications. These industry leaders have played a pivotal role in boosting the adoption of RFID technology in healthcare facilities by providing reliable and efficient tracking solutions. Moreover, established technology

Core Objective of Radio-Frequency Identification Technology (RFID) in Healthcare Market:

Every firm in the Radio-Frequency Identification Technology (RFID) in Healthcare Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

Size of the Radio-Frequency Identification Technology (RFID) in Healthcare Market and growth rate factors.

Important changes in the future Radio-Frequency Identification Technology (RFID) in Healthcare Market.

Top worldwide competitors of the Market.

Scope and product outlook of Radio-Frequency Identification Technology (RFID) in Healthcare Market.

Developing regions with potential growth in the future.

Tough Challenges and risk faced in Market.

Global Radio-Frequency Identification Technology (RFID) in Healthcare-top manufacturers profile and sales statistics.

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Radio-Frequency Identification Technology (RFID) in Healthcare Market

Chapter 3: Regional analysis of the Global Radio-Frequency Identification Technology (RFID) in Healthcare Market industry

Chapter 4: Radio-Frequency Identification Technology (RFID) in Healthcare Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

How the Report Aids Your Business Discretion?

This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt

The report unravels details on pronounced share assessments across both country-wise as well as region-based segments

A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans

New player entry analysis and their scope of new business models

The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues

A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions

A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments

Details on market estimations, market size, dimensions

A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market

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#Radio-Frequency Identification Technology (RFID) in Healthcare Market

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anitakumarigrewal · 4 years ago

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Rise in Usage in Security & Access Control Application Expected to Drive Global Asia-pacific RFID Market: Ken Research

RFID or Radio Frequency Identification is a type of wireless communication that uses the radio waves in order for capturing or read data which is stored on the tag of any person, object and animal. This device is a substitute of barcodes that provides a distinctive identification for the object to which it is attached. Key components of RFID system are readers, tags and software tools. RFID is accepted in extensive range of applications that includes consumer products, tracking livestock, vehicles and airline passengers among others. Rising demand for tracking, locating, and monitoring objects and beings for safety, security, and resource optimization are the key factors that are driving the market growth.

As per study, “Asia Pacific Radio Frequency Identification (RFID) Market 2020-2026 by Component, Product Type, Frequency Band, Wafer Size, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” the key companies operating in the Asia-Pacific RFID market include Copper spiral RFID Technologies Pvt., Ltd., Shanghai Super Electronic Technology Co., Ltd., AMS AG, BISA Technologies (Hong Kong) Limited, Alien Technology Corporation, Atmel Corp, Honeywell International, Free Alliance Sdn Bhd, Invengo Technology Pte. Ltd., GAO RFID, Inc., Datalogic S.p.A., Invengo Technology Pte Ltd., Protrac iD Pty. Ltd., Impinj Inc., Omni-Id, Inc., NXP Semiconductors, Shenzhen DDCT Technology Co., Ltd., Zebra Technologies Corporation, ThinkMagic (Trimble), Xerox Corporation.

By component, Asia-pacific RFID market is segmented as RFID readers, RFID, tags, software, middleware and services. By product type, market is segmented as active RFID, passive RFID and other RFID types. By frequency band, market is categorized as low frequency, high frequency and ultra-high frequency. By application, market is segmented as materials handling & logistics, military & aerospace, e-payments, asset tracking, identification & security, and other applications. In addition, by industrial vertical, market is bifurcated as automotive & manufacturing, financial services, logistics & transportation, healthcare & medical, consumer goods, retail & ecommerce, agriculture-farming & livestock and other industrial verticals.

The Asia-pacific RFID market is driven by rise in the usage of RFID in security & access control application, followed by favorable laws for labeling livestock, rise in demand of RFID technology in retail industry and growth in the number of installation of RFID in manufacturing units. However, high cost of RFID and device interoperability may impact the market. Moreover, IoT based RFID labeling and RFID tags with sensors are key opportunities for market. Furthermore, lack of adoption of RFID technology in emerging countries is a major challenge for market.

Based on country-wise analysis, the Asia Pacific RFID market is categorized into India, China, Japan, South Korea, Australia, Indonesia, New Zealand, and others. Among these countries, China country dominates the Asia Pacific RFID market and is estimated to maintain the dominance owing to increase in reliance on RFID in manufacturing facilities for applications like process automation, material flow management, and others during the forecast period. It is predicted that future of the Asia-pacific RFID market will be bright as a result of increase in size of high data generation coupled with growth in demand for the technology from the fast-developing countries such as India and China during the forecast period.

For More Information, click on the link below:-

Asia Pacific Radio Frequency Identification Market Research Report

Related Report:-

Global Radio Frequency Identification Reader Market Analysis 2016-2020 and Forecast 2021-2026

Ken Research

Ankur Gupta, Head Marketing & Communications

[email protected]

+91-9015378249

#Asia Pacific Radio Frequency Identification Market

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sueheaven · 2 years ago

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RFID Handheld Reader market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

The Latest Released market study on Global RFID Handheld Reader market provides information and useful stats on market structure, size and trends. The report is intended to provide cutting-edge market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Besides, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in RFID Handheld Reader market. What’s keeping Honeywell (United States)

Datalogic S.P.A. (Italy)

Janam Technologies LLC (United States)

Zebra (United States)

Impinj Inc. (United States)

Fieg Electronics (Germany)

Thing Magic Inc. (United States)

Mojix Inc. Technology (United States)

Applied Wireless Identifications Group, Inc. (United States)

Cipher Lab Co Ltd (Taiwan)

Invengo Information Technology Co., Ltd. (China)

Sense Technology (United States)

China-Vision Intelligent Card Reader Co. Limited (China) Keep Growing in the Market? Benchmark yourself with the strategic moves and latest Market Share and Sizing of Global RFID Handheld Reader market recently published by AMA Radio-frequency identification (RFID) handheld reader automatically identify labels attached to articles by electromagnetic fields. These labels are of two types, Passive tags operate through energy from an immediate RFID reader's radio waves and active tags can operate hundreds of meters from the RFID reader through a local power source. RFID handheld reader market is expected to grow owing to increasing applications in retail, healthcare, logistics, and supply chain management and others.

The RFID Handheld Reader Market segments and Market Data Break Down by Type (LF RFID Reader, HF RFID Reader, UHF RFID Reader, Multi Frequency RFID Reader, Others), Application (Government, Transportation & Logistics, Retail, Automotive, Manufacturing, Others), By End User (Retail, Logistics and supply chain, Commercial, Sports, Healthcare, Others)

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. What’s Trending in Market : Increasing Acceptance in Retail Sector

Increasing Demand from the Manufacturing Sector Market Challenges: Lack of Back End Data Management Market Opportunities: The emergence of IoT Based RFID Tagging

Technological Development and Product Innovation Highlights of Influencing Drivers: Rising Application in Access Control and Security

Providing Improved Warehouse and Data Center Management

Presented By

AMA Research & Media LLP

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latest-market-insights · 3 years ago

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RFID Market 2023 | Business Opportunity, Growth Strategies & Forecast Report By 2028

The Global RFID Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The RFID industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.

Base Year: 2021

Estimated Year: 2022

Forecast years: 2023 to 2028

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

Get | Download FREE Sample Report of Global RFID Market @ https://www.decisiondatabases.com/contact/download-sample-17699

A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the RFID market. The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide RFID market with company profiles of key players such as:

Alien Technology

GAO RFID Inc.

HID Global Corporation

Impinj, Inc.

Invengo Information Technology Co., Ltd.

Molex Inc.

Omni-ID, Ltd.

Thin film Electronics ASA

Xerox Corporation

Zebra Technologies Corporation

Want to add more Company Profiles to the Report? Write your Customized Requirements to us @ https://www.decisiondatabases.com/contact/get-custom-research-17699

RFID Market Analysis by Component:

RFID Tags

RFID Readers

RFID Software and Middleware

Low Frequency (LF)

High Frequency (HF)

Ultra High Frequency (UHF)

Microwave

Ultra Wideband (UWB)

RFID Market Analysis by Applications:

Logistics & Transportation

Aerospace & Defense

Automotive

Retail and Consumer Goods

Agriculture, Farming, & Livestock

Healthcare, Medical & Pharmaceutical

Government

Others

RFID Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the RFID market between 2023 to 2028?

Which application and type segment holds the maximum share in the Global RFID market?

Which regional RFID market shows the highest growth CAGR between 2023 to 2028?

What are the opportunities and challenges currently faced by the RFID market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the RFID market?

Purchase the Complete Global RFID Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-17699

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DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 90 28 057900 Web: https://www.decisiondatabases.com/

#RFID Market #RFID Market Report #RFID Market Size

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rishavamr · 3 years ago

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RFID Market Analysis Report2021-2030

According to a new report published by Allied Market Research, titled, " RFID Market by Product Type (Tags, Readers, and Software & Services), Frequency (Low Frequency, High Frequency, and Ultra High Frequency), and End Use (Commercial, Animal Tracking, Transportation, Agriculture, Security & Access Control, Healthcare, Retail, Logistics & Supply Chain, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030"

The report has offered an all-inclusive analysis of the global RFID Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/14891

The report presents in-depth insights into each of the leading RFID MARKETend user verticals along with annual forecasts to 2030. The report provides revenue forecast with sales, and sales growth rate of the global Automatic Test Equipment Market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

For Purchase Enquiry at: https://www.alliedmarketresearch.com/rfid-market/purchase-options

Top 10 leading companies in the global RFID Marketare analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and RFID MARKETproducts and services. The key players operating in the global RFID MARKETindustry include Advantest Corporation.

Key Market Players

Avery Dennison

Data Logic

GEO RFID

HID Global

Honeywell

Identiv

Invengo

Impinj

NXP Semiconductor

Zebra Technologies etc. are included in the report.

Key Benefits for Stakeholders

The study provides an in-depth analysis of the global RFID Marketforecast along with current & future trends to explain the imminent investment pockets.

Information about key drivers, restraints, & opportunities and their impact analysis on global RFID Markettrends is provided in the report.

Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

The quantitative analysis of the RFID Marketfrom 2021 to 2030 is provided to determine the market potential.

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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weepingengineerpuppy · 3 years ago

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RFID Tags Market Research Methodology, Structure, Forecast to 2027

RFID tags or transponders are devices used in identifying assets. The tags contain information which is transmitted over radio waves to a database for cross-checking. The tags are deployed on assets for tracking and inventory management purposes. The global RFID tags market report by Market Research Future (MRFR) contains drivers, challenges, opportunities, and trends for the period of 2017 to 2023 (forecast period). The impact of the COVID-19 pandemic on the industry is analyzed and is included in the report.

Market Scope

The global RFID tags market is estimated to grow at a CAGR of 7.6% during the estimated period. The use of these tags for monitoring and tracking of assets can drive the market growth. The expansion of the logistics industry and safe transport of goods and commodities can support the trend. Establishment of warehouses and presence of logistic delivery providers are likely to facilitate market growth.

The use of advanced technology for management of livestock and their transport can drive the demand for RFID tags. Livestock farming among farmers and the unmet demands of protein among health enthusiasts and gym rats can drive the market demand exponentially.

Get Free Sample PDF@ https://www.marketresearchfuture.com/sample_request/2008

Segmentation

The global RFID tags market has been segmented by type and application.

On the basis of type, the market has been segmented into the passive, active, and semi-passive. The passive tags accounted for the largest market share in 2016. The tags do not have an internal power source and rely on the power induced by the reader. These tags are cost-effective, durable, and smaller as compared to others. The applications of these tags are tool tracking, access control, inventory management, and supply chain management. It is expected to show the fastest growth during the forecast period. On the other hand, active tags can also capture a large market share owing to their need for tracking containers, pallets and large military assets. These tags are also used in large value assets.

On the basis of application, the market has been segmented into automotive, logistics and transportation, retail, healthcare, and others. Logistics and transportation sector dominates the end-user segment of the market. RFID-based technologies are widely applied to improve transportation security and safety.

The use of RFID tags in the healthcare sector is swelling rapidly owing to the use of active tags for monitoring and tracking patients in old-age and retirement homes. Surgery asset management, parking, and medication authentication and control are other applications which can drive the demand for RFID tags in the healthcare sector. The global RFID tags market can find lucrative opportunities in the sector due to efforts of lowering identity fraud and claims mismanagement.

Regional Analysis

On the basis of the regions, the global RFID tags market has been segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

North America currently dominates the global RFID tags market. Increasing government initiatives for the adoption of RFID tags for security purposes and its advantage over bar codes can fuel its demand in the region. In addition, the high growth in the retail industry in North America region is also the factor driving the growth of the market. Furthermore, presence of major RFID tags manufacturers such as Alien Technology and HID Global Corporation can also influence the market.

APAC is anticipated to grow at the highest CAGR during the forecast period. The remarkable growth in the packaging sector in the region is the main factor driving the growth of the market. Rising industrial expansion, the swelling urban population in developing countries, and use of logistic firms can provide further boost the market. India, China, Japan, Indonesia, and Thailand are the key contributor to Asia Pacific market. China accounts for the largest share of the region mainly due to fast growth in the urbanization and industrial development.

Competitive Outlook

Alien Technology, HID Global Corporation, Tageos, Honeywell International Inc., Impinj, Inc., CoreRFID Ltd, Omni-ID Ltd, GAO RFID Inc., Smartrac N.V., Invengo Information Technology Co. Ltd, Atmel Corporation, NXP Semiconductors N.V., RF Code Inc., Confidex Ltd, and The Tag Factory are key players of the global RFID tags market.

Browse Complete Report Details @

https://www.marketresearchfuture.com/reports/rfid-tags-market-2008

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glitterytalerunaway · 3 years ago

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Radio-Frequency Identification (Rfid) Market Size And Scope, Product Estimate And Strategy Framework By Forecast 2027

Summary:

A new study title “Radio-Frequency Identification (RFID) market size, status and forecast 2027” has been featured on market research future

Market Overview:

RFID or Radio Frequency Identification is an automatic identification method, relying on storing and remotely retrieving data using devices called RFID tags or transponders. RFID tag is a product that can be applied to or incorporated into an object, animal, or person for the purpose of identification using radio frequency waves. Some tags can be read from several meters away and beyond the line of sight of the reader.

RFID has become a force in the retail space, particularly in apparel and shoes, with the potential for excellent growth in this market. Meanwhile, there are plenty of other markets - healthcare and automotive. A growing number of companies recognize, RFID offering to ease product tracking, optimize the flow of commodities and inventory management, prevent product counterfeiting, improve their processes and realize gains in efficiency.

RFID tags carry unique product numbers. RFID technology has been in use for several years now; however, the recent growth in its applications across a wide set of industries, such as retail, transport, medical, and defense, among others, has spurred its adoption. The retail industry is at the forefront and has witnessed its technological reconnaissance with the use of RFID tags. An interesting fact of the retail sector is the way it has successfully passed on the benefits of the technology to other industries in the supply chain with the help of the mandates.

According to a recent study report published by the Market Research Future, The global market of RFID Tags is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

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Key Players:

The prominent players in RFID Market Leaders or the Radio-Frequency Identification (RFID) Market are NXP Semiconductors N.V (Netherlands), Alien Technology (US), 3M Company (U.S), ACTAtek Technology (U.S), Axcess International, Inc. (U.S), : Impinj Inc. (US), Ascendent ID (U.S), ), Checkpointt System Inc. (U.S), and Avery Dennison Corporations (US), among others.

Segments:

Global RFID Tags Market is segmented in to 6 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Product Type: Tags, Reader, Software

Segmentation by Wafer size: 200mm, 300mm, 450mm

Segmentation by Components: Passive RFID, Active RFID and Others

Segmentation by Frequency: Low Frequency, High Frequency, Ultra-high Frequency and Active Ultra-High Frequency

Segmentation by End- Users: BFSI, Animal Tracking/Agriculture, Commercial, Transportation, Healthcare, Logistics and Supply Chain, Aerospace, Defense, Retail, Security and Access Control, Sports and Others

Segmentation by Regions: Comprises regions - North America, Europe, APAC and Rest of the World.

Regional Analysis:

The regional analysis of Radio-Frequency Identification (RFID) tags market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. North America region accounts for the largest market share, followed by Europe and Asia Pacific region. The study reveals that Europe region is showing a rapid growth due to its storage and tracker solution by the Radio-Frequency Identification (RFID) tags. The market is expected to register substantial growth in the near future, attributed to increase in usage of security & access control applications, requirement of the accurate data unit, and growth in demand for effective store handling. However, factors such as high initial investment cost, damage of sensors, and device interoperability restrain the growth of the market.

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About Us:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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#Radio-Frequency Identification (RFID) Market Size Radio-Frequency Identification (RFID) Market Share

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marketstudyreport · 3 years ago

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RFID Technology Market 2025: Report Focusing on Opportunities, Revenue & Market Driving Factors

7th September 2021 – The global RFID (Radio Frequency Identification) Technology Market estimated to touch US$ 40.5 billion by the completion of the prediction period. The market was appreciated by US$ 10.53 billion in the year 2015. The RFID technology likely to observe a stable development in the approaching years. It credited to the growing demand for tracing, following, and observing substances and beings for safety, security, and optimization of source. Such as the world, changes in the direction of Real Time Location Systems [RTLS], grids of sensor and Internet of Things [IoT], radio frequency identification instruments expected to perform more and more significant part in taking advantage of this expertise.

The RFID Technology market is estimated to develop at a CAGR of 14.7% for the duration of the prediction. The Radio Frequency Identification Technology industry on the source of Type of Application could span Transport & Logistics, Industrialized, Financial Services, Government, Healthcare, Retail, and Others. The subdivision of Retail is the biggest adopter of RFID tags. It tracked by the subdivision of industrialized. The subdivision of Retail projected to develop by a CAGR of 12.6%, in North America, during the period of approaching years. On the other hand, the subdivision of Government is estimated to observe a considerable development in the approaching years. The subdivision of Healthcare too expected to show an important acceptance of the expertise.

Access RFID (Radio Frequency Identification) Technology Market Report with TOC @ https://www.millioninsights.com/industry-reports/radio-frequency-identification-rfid-technology-market

The Radio Frequency Identification (RFID) Technology market on the source of Type of Frequency could span Ultra-High frequency, High Frequency, Low Frequency. The technology of Radio Frequency functions on the lower end of the electromagnetic band and generally functions in the variety from 10 kHz to 100 MHz The operative frequencies of RFID tags and interrogators’ separated into Ultra-High Frequency [433, 860 To 960 MHz], High Frequency [13.5 MHz] and Low Frequency [125 To 134 kHz].

However, tags with high frequency grasp the major stake of income. The tag with ultra-high frequency are likely to achieve speedy acceptance in the market, in the approaching years, due to their increasing demand in the fields of wireless device configurations, inventory management and pharmaceutical applications. The ultra-high frequency instruments have surpassed the high frequency tags by means of capacity. Yet, due to the greater price of high frequency tags, they produce great income for the sellers.

The Radio Frequency Identification Technology market on the source of Type of Product could span Middleware, RFID Readers, RFID Tags. The RFID (Radio Frequency Identification) Technology industry with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A, Canada and Mexico], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil], Middle East and Africa. By the source of geography, North America grasps the biggest stake of market in the world. Attribute this to the significant usage of RF tags in the subdivisions of healthcare and sales. The area has highlighted an upsurge in the greater capability consignments in the current years, particularly in the U.S.A. This is region of the largest demand for tags. North America likely to develop by a strong CAGR of 14.0% above the prediction period.

The Asia Pacific region is estimated to grow at the fastest rate over the forecast period owing to the growing demand from developing countries, such as China and India. The presence of many manufacturers and OEMs in the region is also conducive to the region’s growth. The South American region estimated to follow the Asia Pacific region in terms of growth in the coming years. Asia Pacific is projected to develop by the speedy percentage, above the prediction period, due to the increasing demand from emerging nations, for example India and China. The existence of numerous manufacturers and Original Equipment Manufacturers [OEMs] in the area is likewise advantageous to the progress of the area. The area of South America estimated to track the area of Asia Pacific by means of development in the upcoming years.

The statement revises Trades in terms of intake of RFID (Radio Frequency Identification) Technology in the market; particularly North America, Europe, Asia Pacific, South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on the international basis are Zebra Technologies, NXP Semiconductors, Alien Technologies, Smartrac, and Honeywell International.

Additional notable companies operating in the field are- Acreo Swedish, Mojix, RFID4U, Impinj Inc., Tibco Software, Checkpoint Systems, Savi Technology, Motorola Solutions, Invengo Technology Pte. Ltd. Applied Wireless RFID, and Avery Dennison.

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rohitpalan · 10 months ago

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Navigating the Growth Trajectory: Radio Frequency Identification Market Projections for 2024-2034

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Key Takeaways from the Radio Frequency Identification Market Study

The United States is the second-largest regional RFID market. The market is predicted to register a CAGR of 11.5% over the forecast years and reach a valuation of US$ 14.9 Bn by 2033.

In Europe, the United Kingdom holds the largest market for an RFID solutions. It is projected to grow at a rate of 17.8% from 2023 to 2033 and reach a valuation of US$ 7.3 Bn by the end.

Based on components, RFID readers have garnered the highest sales than any other segment. It is predicted to register the highest CAGR of 16.5% until the year 2033.

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Competitive Landscape for the Radio Frequency Identification Market

Radio Frequency Identification Market by Category

Component:

RFID Tags

Low Frequency (LF)

High Frequency (HF)

Ultra-High Frequency (UHF)

Microwave Frequency

Ultra-Wideband (UWB)

RFID Readers

RFID Software and Middleware

Applications:

Logistics and Transportation

Aerospace and Defense

Automotive

Retail and Consumer Goods

Agriculture

Healthcare

Government

Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa

#Radio Frequency Identification Market

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researchreportinsight · 3 years ago

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RFID Technology Market Size & Share Analysis by Type and Region, Forecast Report, 2025

Access RFID (Radio Frequency Identification) Technology Market Report with TOC @ https://www.millioninsights.com/industry-reports/radio-frequency-identification-rfid-technology-market

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akashs123 · 3 years ago

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Radio-Frequency Identification Market 2021 Trend, Segmentation and Growth Factors till 2023

Market Research Future published a research report on “Radio-Frequency Identification Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario

The global RFID Market is anticipated to surpass a valuation of USD 31.8 billion, attaining a CAGR of 15.6% during the forecast period (2017-2023), Market Research Future (MRFR) reveals in a detailed report. RFID is a technology, which uses radio-frequency electrostatic fields or electromagnetic fields to detect objects carrying tags, as soon as they come close to a reader. It is a wireless technology which aligns with radio-frequency waves in order to track tags attached to the people and objects. In the healthcare segment, RFID helps in monitoring patients, medication authentication, real-time tracking of assets, hand washing, and wait time monitoring.

Market Potential and Pitfalls

The Radio-Frequency Identification Market is mainly boosted by the use of electromagnetic fields, which can automatically tag and detect tags attached to objects. These tags comprise information that can collect data like price, serial number, and count in digital form. Data can be easily recorded and recognized with the help of these tags. The soaring use of RFID tags in the healthcare industry and supply chain management has triggered the demand from the RFID market globally.

The RFID technology has been in use for the past few years now. The recent boom in its applications across industries like transport, retail, defense, medical, and others, have encouraged its adoption. Radio-frequency identification provides solutions like real-time backup recovery, storage, elimination of data redundancy, ease of management & monitoring, and customer support. These benefits have further encouraged its adoption across the global market. The surging demand for smart stores is one of the major trends positively impacting the market growth. Smart stores use technologies like facial recognition, smart cards, AI, and others. RFID is highly used in these stores for check-out services and product delivery. The success of smart stores will further create growth opportunities for the RFID market.

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Key Players

The prominent players in the RFID Market are: NXP Semiconductors N.V (Netherlands), Alien Technology (US), 3M Company (U.S), ACTAtek Technology (U.S), Axcess International, Inc. (U.S), : Impinj Inc. (US), Ascendent ID (U.S), ), Checkpointt System Inc. (U.S), and Avery Dennison Corporations (US), among others.

Radio Frequency Identification Market - Segmentation

The global radio frequency identification market is segmented on the basis of product type, wafer size, component, frequency, end use, and region.

By product type, the global radiofrequency identification market is segmented into tags, readers, software, and others.

By wafer size, the global radiofrequency identification market is segmented into 200 mm, 300 mm, 450 mm, and others.

By component, the global radiofrequency identification market is segmented into passive, active, and others.

By frequency, market is segmented into low frequency, high frequency, ultra-high frequency, and active ultra-high frequency.

By end use, the global radiofrequency identification market is segmented into BFSI, agriculture/animal tracking, commercial, transportation, logistics and supply chain, healthcare, aerospace, defense, retail, security and access control, sports, and others.

Radio Frequency Identification Market Global Market - Regional Analysis

North America is likely to dominate the global radiofrequency identification market over the forecast period due to the growing demand for RFID tagging in retail, healthcare, transportation, defense, sports, access control and other applications in the region. The benefits of radiofrequency identification, including accuracy and errorless operations, have become increasingly apparent to various agencies in the region, which has resulted in growing use of RFID tagging in various applications. The retail sector is likely to remain a key player for the radiofrequency identification market over the forecast period due to the widespread use of radiofrequency identification in the retail sector. The use of radiofrequency identification in large supermarket chains across the U.S. and Canada is likely to be a major driver for the radiofrequency identification market in North America over the forecast period.

Europe is also likely to hold a major share in the global radiofrequency identification market over the forecast period, as the region has experienced widespread adoption of radiofrequency identification systems in retail, healthcare, and numerous other sectors in the last few years. The growing development of radiofrequency identification systems in Europe and the strong presence of several key players in the market is likely to be a major driver for the radiofrequency identification market in Europe over the forecast period. Another major driver for the radiofrequency identification market in Europe is the high preference for cashless payments based on NFC and other tech-based systems among European customers. This has enabled steady growth of the laser optics technology required for RFID systems, enabling steady growth of the radiofrequency identification market in the region.

Asia Pacific is likely to exhibit steady progress in the global radiofrequency identification market over the forecast period due to the growing demand for modern supermarkets in the region’s leading economies, such as South Korea, Japan, China, and India. This has driven technological innovation in the retail sector in an effort to provide customers a convenient experience. This has led to a growing demand for radiofrequency identification in these and other countries in the region. Growing demand for electronic tagging in the healthcare sector is also likely to be a major driver for the radiofrequency identification market in Asia Pacific over the forecast period, due to the high population of the region.

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TABLE OF CONTENTS

LIST OF FIGURES

Figure 1 Research Methodology

Figure 2 Radio-Frequency Identification (Rfid) Market: By Product Type (%)

Figure 3 Radio-Frequency Identification (Rfid) Market: By Components (%)

Figure 4 Radio-Frequency Identification (Rfid) Market: By Wafer Size (%)

Figure 5 Radio-Frequency Identification (Rfid) Market: By End-User (%)

Figure 6 Radio-Frequency Identification (Rfid) Market: By Region (%)

Figure 7 North America Radio-Frequency Identification (Rfid) Market, By Product Type (%)

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Email: [email protected]

#Radio-Frequency Identification Market

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anitakumarigrewal · 4 years ago

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Rise in Demand from Healthcare Sector Expected to Drive Asia-Pacific RFID Readers Market: Ken Research

RFID reader is also identified as interrogator. It is a device that provides the connection between tag-data and enterprise system software that needs the information. RFID reader communicates with the tags that are within its operation field, performing any number of tasks like filtering (searching for tags that meet certain criteria), simple continuous inventorying and writing (or encoding) to select tags etc.

RFID reader uses an attached antenna for capturing the data from tags and then passes the data to a computer to process. Readers can be affixed in stationary position in a factory or store, or integrated into a mobile device for instance a portable and handheld scanner. These readers can also be embedded in electronic equipment/devices, and in vehicles.

As per analysis, “Asia Pacific RFID Readers Market 2020-2026 by Product Type, Frequency Band, Connector Type, Operating System, Application, and Country: Trend Forecast and Growth Opportunity” the key companies operating in the Asia-Pacific RFID readers market include Nedap N.V., Bright Alliance Technology Limited, Datalogic S.p.A, GAO RFID, Inc., Daily RFID Co. Limited, Alien Technology Corporation, Invengo Technology Pte. Ltd., Technology Solutions UK Ltd. (TSL), Daily RFID Co. Limited, CipherLab Co., Ltd., Honeywell International Inc., ThinkMagic (Trimble), Impinj, Inc., Feig Electronics GmbH, Zebra Technologies Corporation, Xerox Corporation and among others.

By product type, Asia-Pacific RFID readers market is segregated as handheld RFID readers and fixed or wall mounted RFID readers. By frequency range, market is segregated as low-frequency, high frequency and ultra-high frequency. High frequency segment is expected to witness higher growth rate because of its features like patient flow tracking, tracking library books, ticketing, and data transfer applications during the forecast period. By connector type, market is segregated as Bluetooth, USB, wireless, PC interface, Ethernet and others. By operating system, market is segregated as android, windows, media access control (MAC) and others. In addition, by application, market is segregated as asset tracking, e-payments, material handling & logistics, identification & security, military & aerospace and others.

The Asia-Pacific RFID readers market is driven by increase in need for efficient supply chain management, followed by high deployment in the automotive sector, increase in regulations & government initiatives for various industries and rise in demand for RFID systems in healthcare & transport sectors. However, high cost of reading equipment and lack of standardizations may impact the market. Moreover, growth in retail industry and integration of new technologies in the RFID readers are key opportunities for market. Furthermore, lack of awareness about RFID solutions and expert workforce and lack of backend support for large volumes of data are major challenge for market.

By country-wise analysis, the Asia-Pacific RFID readers market is bifurcated as China, Japan, South Korea, India, Australia and rest of the Asia-Pacific. It is predicted that future of the Asia-Pacific RFID readers market will be bright because of rise in demand for RFID readers to track inventory & equipment coupled with increase in penetration of RFID sensors in various applications such as healthcare, retail, and education during the forecast period.

For More Information, click on the link below:-

Asia Pacific RFID Readers Market Research Report

Related Report:-

Global RFID Readers Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Ken Research

Ankur Gupta, Head Marketing & Communications

[email protected]

+91-9015378249

#Asia Pacific RFID Readers Market

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chitrakullkarni · 4 years ago

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RFID (Radio Frequency Identification) Technology Market Value Chain Analysis & Profit Margin Study Report

The global RFID (Radio Frequency Identification) Technology Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global RFID (Radio Frequency Identification) Technology Market estimated to touch US$ 40.5 billion by the completion of the prediction period. The market was appreciated by US$ 10.53 billion in the year 2015. The RFID technology likely to observe a stable development in the approaching years.

Key Players:

Acreo Swedish ICT AB

Alien Technology

Checkpoint Systems

Datalogic S.p.A.

Honeywell International Inc.

Impinj Inc.

Mojix Inc.

NXP Semiconductors Inc.

RFID 4U

Tibco Software Inc.

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Growth Drivers:

The growth is credited to the growing demand for tracing, following, and observing substances and beings for safety, security, and optimization of source. Such as the world, changes in the direction of Real Time Location Systems [RTLS], grids of sensor and Internet of Things [IoT], radio frequency identification instruments expected to perform more and more significant part in taking advantage of this expertise. The RFID Technology market is estimated to develop at a CAGR of 14.7% for the duration of the prediction.

Product Outlook:

RFID Tags

RFID Readers

Middleware

Frequency Outlook:

Low Frequency

High Frequency

Ultra-high frequency

Application Outlook:

Retail

Financial Services

Healthcare

Industrial

Government

Transport & Logistics

Regional Outlook:

By the source of geography, North America grasps the biggest stake of market in the world. Attribute this to the significant usage of RF tags in the subdivisions of healthcare and sales. The area has highlighted an upsurge in the greater capability consignments in the current years, particularly in the U.S.A. This is region of the largest demand for tags. North America likely to develop by a strong CAGR of 14.0% above the prediction period.

Asia Pacific is projected to develop by the speedy percentage, above the prediction period, due to the increasing demand from emerging nations, for example India and China.

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weepingengineerpuppy · 3 years ago

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RFID Tags Market Research Methodology, Structure, Forecast to 2027

Market Scope

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Segmentation

The global RFID tags market has been segmented by type and application.

Regional Analysis

On the basis of the regions, the global RFID tags market has been segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

Competitive Outlook

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