RFID Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The RFID Market size is expected to grow at an annual average of 8% during 2021-2027. RFID stands for radio frequency identification and it is a technique in which digital data embedded in RFID or smart tags can be identified via radio waves. RFID is similar to barcode and the machine which stores the information in the database detects the tags. It has many benefits over the previous barcode tracking system. RFID can be read outside of the direct view without using any optical scanner. Increasing government policies for implementation of the system and enhanced safety and authentication process with the help of RFID is boosting the growth of the RFID market.

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The following segmentation are covered in this report:

By Product Type

  • Tags
  • Readers
  • Software and Services

By Frequency

  • Low Frequency
  • High Frequency
  • Ultra-high Frequency (UHF)

By Application

  • Agriculture
  • Commercial
  • Transportation
  • Healthcare
  • Logistics & Supply Chain
  • Aerospace
  • Defense
  • Retail
  • Security and Access Control
  • Sports
  • Animal Tracking
  • Ticketing

By Form Factor

  • Card
  • Implant
  • Key Fob
  • Label
  • Paper Ticket
  • Band
  • Others

By Material

  • Plastic
  • Paper
  • Glass
  • Others

Company Profile

  • Alien Technology Corporation
  • IDTRONIC GmbH
  • Zebra Technologies
  • Variuscard GmbH
  • Avery Dennison
  • NXP Semi Conductors

The report covers the following objectives:

  • Proliferation and maturation of trade in the global RFID Market
  • The market share of the global RFID Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and future market trends that are influencing the growth opportunities and growth rate of the global RFID Market
  • Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global RFID Market  

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)