Take Up Global Radio-Frequency Identification (RFID) Tags Market Opportunities with Clear Industry Data – Includes Radio-Frequency Identification (RFID) Tags Market Share
The Business Research Company’s report goes into great detail on the radio-frequency identification (RFID) tags market size and growth, radio-frequency identification (RFID) tags market regional analysis, radio-frequency identification (RFID) tags market competitive landscape, and other critical information needed to excel in the radio-frequency identification (RFID) tags industry.
Major players in the radio-frequency identification (RFID) tags market include Avery Dennison Corporation, Honeywell International Inc., NXP Semiconductors N.V., Identiv, Inc., Zebra Technologies Corporation.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The radio-frequency identification (RFID) tags market is expected to grow from $8.88 billion in 2020 to $13.56 billion in 2025 at a rate of 8.8%. The radio-frequency identification (RFID) tags market size is then expected to grow at a CAGR of 8.3% from 2025 and reach $20.18 billion in 2030.
North America was the largest region in the global radio-frequency identification (RFID) tags market, accounting for 34.6% of the total in 2021.
The radio-frequency identification (RFID) tags market consists of sales of RFID tags and related services by entities (organizations, sole traders, and partnerships) that use hardware and software technologies allowing users to receive, store, and transmit data through radio-frequency waves. RFID tags are small devices (radio transponders) which that use electromagnetic fields to wirelessly transmit information about the objects they are attached to, to an RFID reader (or receiver which contains an antenna). RFID tags (or smart labels) transmit digital identification data to adjacent readers through radio waves and can store an array of data. ranging from a single serial number to multiple pages of information.
IoT technology adoption by different industries is expected to drive the RFID tags market in the forecast period.
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Technological advancements are an inevitable dimension driving improvements in RFID tags.
TBRC’s global radio-frequency identification (RFID) tags market report is segmented:
By Tag Type: Active RFID, Passive RFID
By Material: Plastic, Paper, Glass, Metal, Others
By Frequency: Low Frequency, High Frequency, Ultra High Frequency
By Application: Agriculture, Retail and Wholesale, Healthcare, BFSI, Transpiration and Logistics, Education, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Radio-Frequency Identification (RFID) Tags Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the radio-frequency identification (RFID) tags market globally and regionally, analyzes and forecasts market size, share, radio-frequency identification (RFID) tags market players, radio-frequency identification (RFID) tags market segments, leading competitor revenues, profiles and market shares.
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