Radiofrequency Identification Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 17.45 Billion
Market Size 2032 (Forecast Year) USD 46.85 Billion
CAGR 11.6%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

Radiofrequency Identification Market Insights

As per the published report by Market Research Store, the Global Radiofrequency Identification Market size was estimated at USD 17.45 Billion in 2023 and is anticipated to reach reach USD 46.85 Billion by 2032, growing at a projected CAGR of 11.6% during the forecast period 2024-2032. The report provides a detailed analysis of the global Radiofrequency Identification Market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.

Radiofrequency Identification Market Size

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The report covers forecast and analysis for the RFID market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on (USD Million). The study includes drivers and restraints for the RFID market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the RFID market on a global level.

In order to give the users of this report a comprehensive view on the RFID market, we have included a detailed competitive scenario, and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the RFID market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

Radiofrequency Identification Market: Report Scope

Report Attributes Report Details
Report Name Radiofrequency Identification Market
Market Size in 2023 USD 17.45 Billion
Market Forecast in 2032 USD 46.85 Billion
Growth Rate CAGR of 11.6%
Number of Pages 110
Key Companies Covered Alien Technology Corporation, Applied Wireless Identifications Group, Inc., CAEN RFID S.r.l., GAO RFID Inc., Impinj, Inc., Intermec, Inc., Invengo Information Technology Ltd. Co., Motorola Solutions, Inc., Sato Holdings Corporation, STiD.
Segments Covered By Product, By Application, By, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2023
Forecast Year 2024 to 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The study provides a decisive view on the RFID market by segmenting the market based on product types and applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key application markets covered under this study includes the use of this RFID in retail, supply chain, aviation, healthcare, smart cards, public transit and other applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include:

  • Alien Technology Corporation
  • Applied Wireless Identifications Group, Inc.
  • CAEN RFID S.r.l.
  • GAO RFID Inc.
  • Impinj, Inc.
  • Intermec, Inc.
  • Invengo Information Technology Ltd. Co.
  • Motorola Solutions, Inc.
  • Sato Holdings Corporation
  • STiD.

The report segments the global RFID market into:

Global RFID Market: Product Segment Analysis

  • Tags
  • Reader
  • Middleware

Global RFID Market: Application Segment Analysis

  • Retail
  • Supply Chain
  • Aviation
  • Healthcare
  • Smart cards
  • Public Transit
  • Others

Global RFID Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global market , 2014 - 2020 (USD Million)
    • 2.2. Global RFID market: Snapshot
  • Chapter 3. RFID Market – Global and Industry Analysis
    • 3.1. RFID: Market dynamics
    • 3.2. Market drivers
      • 3.2.1. Drivers for global RFID market: Impact analysis
      • 3.2.2. Increased functional efficiency due to RFID
      • 3.2.3. Provide good customer service
      • 3.2.4. Suitable for any working condition
      • 3.2.5. Decreasing cost of tags
    • 3.3. Market restraints
      • 3.3.1. Restraints for global RFID market: Impact analysis
      • 3.3.2. Low awareness limiting effective market penetration
    • 3.4. Opportunities
      • 3.4.1. Huge scope for development of RFID technology in healthcare
    • 3.5. Porter’s five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by product segment
      • 3.6.2. Market attractiveness analysis by application segment
      • 3.6.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global RFID Market - Competitive Landscape
    • 4.1. Company market share, 2014
    • 4.2. Production capacity (subject to data availability)
    • 4.3. Price trend analysis
  • Chapter 5. Global RFID Market – Product Segment Analysis
    • 5.1. Global RFID market: Product overview
      • 5.1.1. Global RFID market share, by product, 2014 and 2020
    • 5.2. Tags
      • 5.2.1. Global tags market , by product, 2014 – 2020 (USD Million)
    • 5.3. Readers
      • 5.3.1. Global readers market , by product, 2014 – 2020 (USD Million)
    • 5.4. Middleware
      • 5.4.1. Global middleware market , by product, 2014 – 2020 (USD Million)
  • Chapter 6. Global RFID Market – Application Segment Analysis
    • 6.1. Global RFID market: Application overview
      • 6.1.1. Global RFID market share by application, 2014 and 2020
    • 6.2. Retail
      • 6.2.1. Global RFID market for retail, 2014 – 2020 (USD Million)
    • 6.3. Supply chain
      • 6.3.1. Global RFID market for supply chain, 2014 – 2020 (USD Million)
    • 6.4. Aviation
      • 6.4.1. Global RFID market for aviation, 2014 – 2020 (USD Million)
    • 6.5. Healthcare
      • 6.5.1. Global RFID market for healthcare, 2014 – 2020 (USD Million)
    • 6.6. Smart cards
      • 6.6.1. Global RFID market for smart cards, 2014 – 2020 (USD Million)
    • 6.7. Public transit
      • 6.7.1. Global RFID market for public transit, 2014 – 2020 (USD Million)
    • 6.8. Others
      • 6.8.1. Global RFID market for other application, 2014 – 2020 (USD Million)
  • Chapter 7. Global RFID Market – Regional Segment Analysis
    • 7.1. Global RFID market: Regional overview
      • 7.1.1. Global RFID market share by region, 2014 and 2020
    • 7.2. North America
      • 7.2.1. North America RFID market, by product, 2014 – 2020 (USD Million)
      • 7.2.2. North America RFID market, by application, 2014 – 2020 (USD Million)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. RFID market, by product, 2014 – 2020 (USD Million)
        • 7.2.3.2. U.S. RFID market, by application, 2014 – 2020 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe RFID market, by product, 2014 – 2020 (USD Million)
      • 7.3.2. Europe RFID market, by application, 2014 – 2020 (USD Million)
      • 7.3.3. Germany
        • 7.3.3.1. Germany RFID market, by product, 2014 – 2020 (USD Million)
        • 7.3.3.2. Germany RFID market, by application, 2014 – 2020 (USD Million)
      • 7.3.4. France
        • 7.3.4.1. France RFID market, by product, 2014 – 2020 (USD Million)
        • 7.3.4.2. France RFID market, by application, 2014 – 2020 (USD Million)
      • 7.3.5. UK
        • 7.3.5.1. UK RFID market, by product, 2014 – 2020 (USD Million)
        • 7.3.5.2. UK RFID market, by application, 2014 – 2020 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific RFID market, by product, 2014 – 2020 (USD Million)
      • 7.4.2. Asia Pacific RFID market, by application, 2014 – 2020 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China RFID market, by product, 2014 – 2020 (USD Million)
        • 7.4.3.2. China RFID market, by application, 2014 – 2020 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan RFID market, by product, 2014 – 2020 (USD Million)
        • 7.4.4.2. Japan RFID market, by application, 2014 – 2020 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India RFID market, by product, 2014 – 2020 (USD Million)
        • 7.4.5.2. India RFID market, by application, 2014 – 2020 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America RFID market, by product, 2014 – 2020 (USD Million)
      • 7.5.2. Latin America RFID market, by application, 2014 – 2020 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil RFID market, by product, 2014 – 2020 (USD Million)
        • 7.5.3.2. Brazil RFID market, by application, 2014 – 2020 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa RFID market, by product, 2014 – 2020 (USD Million)
      • 7.6.2. Middle East and Africa RFID market, by application, 2014 – 2020 (USD Million)
  • Chapter 8. Company Profile
    • 8.1. Alien Technology Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Applied Wireless Identifications Group, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent development
    • 8.3. CAEN RFID S.r.l.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. GAO RFID Inc.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Impinj, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Intermec, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Invengo Information Technology Ltd. Co.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Motorola Solutions, Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Sato Holdings Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. STiD
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

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