Radio Frequency Identification market size is projected to reach US$ 18660 million by 2026, from US$ 17640 million in 2020, at a CAGR of 5% during 2021-2027.
RFID technology has been around for several years now. However, adoption has accelerated in recent years with increasing applications in various industries such as retail, transportation, healthcare and defense. The retail industry is at the forefront and has witnessed technology reconnaissance with the use of RFID tags. What’s interesting about the retail sector is how it has successfully communicated the benefits of technology to other industries in the supply chain with the help of a mandate.
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The following manufacturers are covered in this report:
- Infineon
- ADI
- STMicroelectronics
- Melexis
- RF Solutions
- 3M
- Toshiba
- Alien Technology
- Fudan Microelectronics
Radio Frequency Identification Breakdown Data by Type
- Tags
- Reader
- Middleware
Radio Frequency Identification Breakdown Data by Application
- Retail
- Aviation
- Healthcare
- Smart Cards
- Other
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Scope of the Report
The research study analyzes the global Radio Frequency Identification industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Radio Frequency Identification Market Report
1. What was the Radio Frequency Identification Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Radio Frequency Identification Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Radio Frequency Identification Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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