Global RFID Tags Market is valued approximately at USD 321.7 million in 2018 and is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2019-2026. Radio Frequency Identification (RFID) is a type of wireless communication technology that uses radio waves to track and identify objects. RFID tracks and identifies information using low range radio waves transmitted from a small specialized tag to a nearby reader which helps to collect data. RFID are deployed mostly in retail sector, which help to find its application as remote scanners for detecting RFID tags on the different products labels. The rising need for tracking inventory & equipment in business has led the growth of this market over the forecast period of 2019-2026.
The regional analysis of global RFID Tags Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world as RFID tags have found application in several operational processes across the U.S. industrial landscape. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising number of end-use industries with the need of access management technologies would create lucrative growth prospects for the RFID Tags Market across Asia-Pacific region.
Major market player included in this report are:
Invengo Information Technology Co., Ltd.
AMS AG
NXP Semiconductors N.V.
RF Code
Alien Technology
Confidex Ltd.
HID USA Corporation
Impinj Inc.
Atmel Corp
Omni- ID Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Active RFID
Passive RFID
By Application:
Healthcare
Retail
Logistics and Transportation
Surveillance and Security
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016-,2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global RFID Tags Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on RFID Tags. Industry analysis & Market Report on RFID Tags is a syndicated market report, published as Global RFID Tags Market Size study, by Type (Active and Passive), Application (Healthcare, Retail, Logistics and Transportation, Surveillance and Security and Others), and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of RFID Tags market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.