1 / 8

Radio Frequency Identification (RFID) Market

Radio Frequency Identification (RFID) Market, by Tags, Readers (Fixed, Handheld, Wearable), Form Factor (Card, Label, Key Fob and Token, Band, Paper and Inlay, Implantable), Frequency (Low, High, Ultra-high), Inventory and Asset Management, Ticketing and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Vibhavjodh16
Download Presentation

Radio Frequency Identification (RFID) Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Radio Frequency Identification (RFID) Market – Trends and Forecast Till 2031 sales@delvens.comwww.delvens.com

  2. Radio Frequency Identification (RFID) Market – Trends and Forecast Till 2031 Radio Frequency Identification (RFID) Market, by Tags, Readers (Fixed, Handheld, Wearable), Form Factor (Card, Label, Key Fob and Token, Band, Paper and Inlay, Implantable), Frequency (Low, High, Ultra-high), Inventory and Asset Management, Ticketing and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report: https://www.delvens.com/get-free-sample/rfid-market sales@delvens.com www.delvens.com

  3. Market Overview Radio Frequency Identification (RFID) is a technology that uses electromagnetic fields to automatically identify and track tags attached to objects. These tags contain electronically stored information, which can be read from a distance without needing direct contact or line-of-sight. RFID systems are composed of three components: a tag, a reader, and a database that manages the information. The scope of the RFID market is vast, encompassing several segments such as passive, active, and battery-assisted RFID. Each of these has its own use cases, with passive RFID tags being the most common due to their low cost and longer lifespan. Active RFID tags, which require a power source, offer longer ranges and are typically used for asset tracking and high-value items. Several trends are shaping the RFID market today, including the increasing demand for automation in supply chains, the growth of the Internet of Things (IoT), and advancements in RFID technology itself. RFID solutions are becoming more integrated with other technologies such as cloud computing, artificial intelligence, and big data analytics.Purchase this Report: https://www.delvens.com/checkout/rfid-market sales@delvens.com www.delvens.com

  4. Key Findings The high-frequency (HF) segment is expected to dominate the RFID market during the forecast period, driven by the growing use of HF RFID technology across various industries. Operating at 13.56 MHz, HF RFID provides faster data transfer rates and is more cost-effective, making it widely applicable. For example, HF RFID tags and readers help streamline supply chain management by enabling real-time, error-free tracking of goods. The RFID label segment is projected to experience the highest growth rate (CAGR) within the RFID market during the forecast period, driven by increased demand for affordable and versatile solutions across industries such as retail, logistics, healthcare, and manufacturing. RFID labels are lightweight, flexible, and easy to integrate into packaging or documents, offering benefits like improved inventory accuracy, streamlined operations, and enhanced customer experiences in retail. In logistics and warehousing, RFID labels enable real-time asset tracking and more efficient warehouse management, reducing errors and ensuring timely deliveries. sales@delvens.com www.delvens.com

  5. Key Findings The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America region is projected to hold the largest market share. Factors such as Increased demand for contactless solutions, growth in e-commerce and inventory management, advancements in RFID technology, rising adoption in supply chain and logistics, improved operational efficiency and cost reduction, enhanced security and access control applications, expanding use in healthcare and asset tracking, government regulations and mandates, growing demand for automation and digitalization, environmental sustainability and recyclable tags have triggered the Radio Frequency Identification (RFID) Market in the region. Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/rfid-market sales@delvens.com www.delvens.com

  6. Competitive Landscape • Zebra Technologies Corp. • Honeywell International Inc. • Avery Dennison Corporation • HID Global Corporation • Datalogic S.p.A • Impini, Inc. • Alien Technology, LLC • CAEN RFID S.R.L • GAO RFID Inc. • Xemelgo, Inc. • Invengo Information Technology Co., Ltd. • Mojix • SAG Securitag Assembly Group Co., Ltd. • Linxens • Checkpoint Systems, Inc. • Identiv, Inc. • Nedap NV. • JADAK • Unitech Electronics Co., Ltd. • Infotek Software & Systems (P) Ltd. • Bartronics India Limited sales@delvens.com www.delvens.com

  7. Recent Developments In November 2024, Zebra Technologies Corp. (US) collaborated with PT Gramedia Asri Media (Gramedia) (Indonesia) to implement RFID-powered retail solutions, boosting self-checkout efficiency by 60% and cutting inventory time by 50%. This partnership also enhanced stock accuracy and optimized operational resource utilization. In February 2024, CAEN RFID S.r.l. (Italy) expanded its geographical footprint by launching its RFID products across Georgia and Azerbaijan in collaboration with IRADETS from Istanbul. This move allows CAEN to tap into new markets and provide system integrators in the region with access to its RFID solutions, supporting operational improvements for local businesses. In December 2023,Xemelgo, Inc. (USA) introduced an Internal Package Delivery Solution that integrates real-time tracking into internal logistics systems. This solution offers complete end-to-end visibility, improving accountability and efficiency by allowing packages to be tracked from receipt to final delivery, thereby reducing delays in large facilities and campuses. sales@delvens.com www.delvens.com

  8. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com

More Related