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Radiofrequency Identification (RFID) Tags Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939377

Quick Summary:

In the dynamic and interconnected world of global commerce, the role of radio-frequency identification (RFID) tags has become increasingly critical in optimizing the efficiency and accuracy of supply chain operations. This market, central to industries from healthcare to retail, offers untapped potential for strategic business improvement.

Delivering timely market insights, our comprehensive report paves the way for informed decision-making for senior executives looking to capitalize on the RFID tags market's growth trajectory. It examines how RFID technology is revolutionizing inventory management, asset tracking, and data collection across sectors. With an analytical approach, the report reveals why now is the opportune moment to integrate RFID solutions into your business framework.

The radiofrequency identification (rfid) tags market size has grown strongly in recent years. It will grow from $10.79 billion in 2023 to $11.67 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The expansion observed during the historical period can be ascribed to the growth in the industrial sector, an upsurge in the e-commerce industry, and an increase in healthcare expenditure.

The radiofrequency identification (rfid) tags market size is expected to see strong growth in the next few years. It will grow to $16.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The anticipated growth in the forecast period can be linked to the increasing adoption of the Internet of Things (IoT), a surge in the e-commerce industry, heightened healthcare expenditure, industrial sector expansion, the rise of smart cities, and the accelerated adoption of RFID tags across various sectors due to the COVID-19 pandemic. Key trends expected in the forecast period involve a strategic focus on acquisitions to expand into new markets, enhance market share, gain access to advanced technologies, and ultimately increase revenue potential. Additionally, technological advancements and a concentration on introducing new products are significant trends during this period.

The anticipated surge in e-commerce and online retail sales is poised to drive the growth of the RFID tags market in the upcoming forecast period. E-commerce, defined as the electronic buying and selling of goods and services primarily over the internet, coupled with payment and information exchange, stands to benefit significantly from RFID technology. This technology provides e-commerce entities with enhanced visibility into the supply chain, facilitating efficient fulfillment of customer orders. Notably, as of September 2022, consumer eCommerce constitutes 30% of the UK's overall retail industry, marking a substantial increase from 20% in 2020, and contributing over $120 billion in annual sales. In 2021, a notable 82% of individuals in the UK engaged in at least one online purchase. Thus, the escalating e-commerce and online retail sales are instrumental in propelling the RFID tags market's growth.

The escalating expenditure in the healthcare sector is anticipated to be a driving force behind the growth of the radio-frequency identification (RFID) tags market. Healthcare expenditure encompasses the total financial outlay on healthcare goods and services, spanning medical equipment, hospital and physician services, prescription drugs, and public health initiatives. The infusion of funds into healthcare holds the potential for substantial benefits through the implementation of RFID tags, fostering improved efficiency, patient care, and overall healthcare management. As of May 2023, the Office for National Statistics in the UK reported a 9.4% increase in nominal terms and a 9.7% increase in real terms in healthcare spending. The total healthcare expenditure in the UK for 2021 amounted to $367.25 billion (£280.7 billion), with pharmaceutical expenditure reaching $51.84 billion (£39.6 billion) in the same year. Notably, preventive care spending more than doubled from the previous year to reach $45.93 billion (£35.1 billion) in 2021. Hence, the rising healthcare expenditure is a significant driver propelling the growth of the radio-frequency identification (RFID) tags market.

A notable trend in the RFID tags market is the increasing adoption of advanced technologies such as IoT (Internet of Things) and Big Data. The integration of IoT enables RFID tags to connect objects within a network, facilitating real-time monitoring and the creation of a system of interconnected devices transmitting information about their position, conditions, and quantities in real-time. For instance, in February 2023, Omni-ID, a US-based company specializing in passive industrial RFID tags, introduced a range of Bluetooth Low Energy (BLE) and Long Range (LoRa) enabled IoT devices equipped with sensors. These devices utilize RFID tags to enhance asset management and logistics processes through the transmission of situational and status data. This reflects a growing trend in the market where RFID companies are leveraging advanced technologies to bolster their offerings.

Strategic partnerships have emerged as a prominent trend gaining traction in the radio-frequency identification (RFID) tags market. Major companies in the RFID tags sector are forging partnerships to fortify their market position. For example, in April 2022, a US-based manufacturing company entered into a partnership with MishiPay, a UK-based software company. This collaboration enables consumers and retailers to streamline in-person interactions and touchpoints through Scan & Go, a feature that has gained significance amid the post-COVID-19 return to normalcy. Additionally, in August 2022, Kit Check, a leading Medication Intelligence automation vendor, joined forces with Genixus, a US-based pharmaceutical company. Genixus introduced RFID-tagged propofol as the first product for its ready-to-administer (RTA) syringe platform, KinetiX, aiming to enhance acute and critical care operations and support physicians in improving patient outcomes. These partnerships underscore the industry's focus on collaborative efforts to drive innovation and meet evolving market demands.

In May 2022, HID Global, a US-based manufacturer of secure identity products, acquired Vizinex RFID for an undisclosed amount. Through this acquisition, HID Global aims to expand its RFID tag portfolio across various sectors, including healthcare/medical, manufacturing, oil & gas, and data centers. Vizinex RFID, a US-based company specializing in RFID tags, becomes part of HID Global's growth strategy to cater to diverse industry needs.

Major companies operating in the radiofrequency identification (rfid) tags market report are Avery Dennison Corporation, Honeywell International Inc., NXP Semiconductors N.V., Identiv Inc., Zebra Technologies Corporation, HID Global, Invengo Information Technology Co Ltd., Nedap, Omni-ID, GAO RFID Inc., Essen RFID, Asset Online Pvt. Ltd., Raviraj Technologies, Greenfuturz, Chipsilicon, Copper Spiral RFID, CFI global, Zhejiang Laxcen Information Technology Co. Ltd., Shenzhen ZD Technology Co. Ltd., Chengdu Mind Golden Card System Co. Ltd., Guangzhou Qingsong Digital Technology Co. Ltd., Shenzhen Udohow Electronics Co. Ltd., Vantage Ear Tag RFID Technology Co. Ltd., SALTO Systems, Suprema, Alfi srl, Torchwood Technologies, Codegate Ltd., Pervasid, Alien Technology Corporation, AMS AG, Atmel Corp, CipherLab Co. Ltd., Confidex Ltd., Datalogic S.p.A., Impinj Inc., SMARTRAC N.V, Technology Solutions UK Ltd. (TSL), ThinkMagic (Trimble), Xerox Corporation, Texas instruments, Roper Technologies Inc., FleetCor Technologies Inc., Orbcomm Inc, Gaming Partners International Corporation, Abracon LLC, Marnlen, Bastian Solutions, SATO America, InLogic IT Solution, DominateRFID, Datametric Technologies LLC, Amricon, Acube Infotech LLC, ScreenCheck, OGTech, EAM RFID Solutions, Nofa-Med Solutions, Askaris, Absolute Integrated Electronic Solutions (AIES), Aitech Systems Ltd., Al Smari Trading, Attraf company, Markes International Ltd., BUCHI Labortechnik AG.

North America was the largest region in the radio-frequency identification (RFID) tags market in 2023. The regions covered in the radiofrequency identification (rfid) tags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the radiofrequency identification (rfid) tags market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

There are two main types of radio-frequency identification (RFID) tags such as active RFID and passive RFID. Active RFID tags, powered by batteries, act as sensor tags connecting to various access points within an area, transferring data to the cloud. Active RFID finds frequent application in real-time location tracking. These tags come in different materials such as plastic, paper, glass, among others, and operate across various frequencies such as low frequency, high frequency, and ultra-high frequency. RFID technology is utilized in diverse sectors, including industrial, retail and wholesale, healthcare, BFSI, transportation and logistics, government, and others.

The radio-frequency identification (RFID) tags market research report is one of a series of new reports that provides radio-frequency identification (RFID) tags market statistics, including radio-frequency identification (RFID) tags industry global market size, regional shares, competitors with a radio-frequency identification (RFID) tags market share, detailed radio-frequency identification (RFID) tags market segments, market trends and opportunities, and any further data you may need to thrive in the radio-frequency identification (RFID) tags industry. This radio-frequency identification (RFID) tags market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The radiofrequency identification (RFID) tags market consists of sales scanning antenna, a transceiver and a transponder.Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frequently Asked Questions about the Global Radiofrequency Identification (RFID) Tags Market

What is the estimated value of the Global Radiofrequency Identification (RFID) Tags Market?

The Global Radiofrequency Identification (RFID) Tags Market was estimated to be valued at $11.67 Billion in 2024.

What is the growth rate of the Global Radiofrequency Identification (RFID) Tags Market?

The growth rate of the Global Radiofrequency Identification (RFID) Tags Market is 8.4%, with an estimated value of $16.09 Billion by 2028.

What is the forecasted size of the Global Radiofrequency Identification (RFID) Tags Market?

The Global Radiofrequency Identification (RFID) Tags Market is estimated to be worth $16.09 Billion by 2028.

Who are the key companies in the Global Radiofrequency Identification (RFID) Tags Market?

Key companies in the Global Radiofrequency Identification (RFID) Tags Market include Oracle Corporation, Siemens AG, PTC Inc., Dassault Systèmes SE, Autodesk, Inc., ANSYS, Inc., SAP SE, Arena Solutions, Infor and Aras Corporation.

Table of Contents

1. Executive Summary2. Radiofrequency Identification (RFID) Tags Market Characteristics3. Radiofrequency Identification (RFID) Tags Market Trends and Strategies
4. Radiofrequency Identification (RFID) Tags Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Radiofrequency Identification (RFID) Tags Market Size and Growth
5.1. Global Radiofrequency Identification (RFID) Tags Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Radiofrequency Identification (RFID) Tags Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Radiofrequency Identification (RFID) Tags Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Radiofrequency Identification (RFID) Tags Market Segmentation
6.1. Global Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Active RFID
  • Passive RFID
6.2. Global Radiofrequency Identification (RFID) Tags Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Plastic
  • Paper
  • Glass
  • Metal
  • Other Materials
6.3. Global Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Low Frequency
  • High Frequency
  • Ultra High Frequency
6.4. Global Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • AIndustrial
  • Retail and Wholesale
  • Healthcare
  • BFSI
  • Transpiration and Logistics
  • Government
  • Other Applications
7. Radiofrequency Identification (RFID) Tags Market Regional and Country Analysis
7.1. Global Radiofrequency Identification (RFID) Tags Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Radiofrequency Identification (RFID) Tags Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Radiofrequency Identification (RFID) Tags Market
8.1. Asia-Pacific Radiofrequency Identification (RFID) Tags Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Radiofrequency Identification (RFID) Tags Market
9.1. China Radiofrequency Identification (RFID) Tags Market Overview
9.2. China Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Radiofrequency Identification (RFID) Tags Market
10.1. India Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Radiofrequency Identification (RFID) Tags Market
11.1. Japan Radiofrequency Identification (RFID) Tags Market Overview
11.2. Japan Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Radiofrequency Identification (RFID) Tags Market
12.1. Australia Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Radiofrequency Identification (RFID) Tags Market
13.1. Indonesia Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Radiofrequency Identification (RFID) Tags Market
14.1. South Korea Radiofrequency Identification (RFID) Tags Market Overview
14.2. South Korea Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Radiofrequency Identification (RFID) Tags Market
15.1. Western Europe Radiofrequency Identification (RFID) Tags Market Overview
15.2. Western Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Radiofrequency Identification (RFID) Tags Market
16.1. UK Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Radiofrequency Identification (RFID) Tags Market
17.1. Germany Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Radiofrequency Identification (RFID) Tags Market
18.1. France Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Radiofrequency Identification (RFID) Tags Market
19.1. Italy Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Radiofrequency Identification (RFID) Tags Market
20.1. Spain Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Radiofrequency Identification (RFID) Tags Market
21.1. Eastern Europe Radiofrequency Identification (RFID) Tags Market Overview
21.2. Eastern Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Radiofrequency Identification (RFID) Tags Market
22.1. Russia Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Radiofrequency Identification (RFID) Tags Market
23.1. North America Radiofrequency Identification (RFID) Tags Market Overview
23.2. North America Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Radiofrequency Identification (RFID) Tags Market
24.1. USA Radiofrequency Identification (RFID) Tags Market Overview
24.2. USA Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Radiofrequency Identification (RFID) Tags Market
25.1. Canada Radiofrequency Identification (RFID) Tags Market Overview
25.2. Canada Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Radiofrequency Identification (RFID) Tags Market
26.1. South America Radiofrequency Identification (RFID) Tags Market Overview
26.2. South America Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Radiofrequency Identification (RFID) Tags Market
27.1. Brazil Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Radiofrequency Identification (RFID) Tags Market
28.1. Middle East Radiofrequency Identification (RFID) Tags Market Overview
28.2. Middle East Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Radiofrequency Identification (RFID) Tags Market
29.1. Africa Radiofrequency Identification (RFID) Tags Market Overview
29.2. Africa Radiofrequency Identification (RFID) Tags Market, Segmentation by Tag Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Radiofrequency Identification (RFID) Tags Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Radiofrequency Identification (RFID) Tags Market, Segmentation by Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Radiofrequency Identification (RFID) Tags Market Competitive Landscape and Company Profiles
30.1. Radiofrequency Identification (RFID) Tags Market Competitive Landscape
30.2. Radiofrequency Identification (RFID) Tags Market Company Profiles
30.2.1. Avery Dennison Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Honeywell International Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. NXP Semiconductors N.V.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Identiv Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Zebra Technologies Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Radiofrequency Identification (RFID) Tags Market Other Major and Innovative Companies
31.1. HID Global
31.2. Invengo Information Technology Co Ltd
31.3. Nedap
31.4. Omni-ID
31.5. GAO RFID Inc.
31.6. Essen RFID
31.7. Asset Online Pvt. Ltd
31.8. Raviraj Technologies
31.9. Greenfuturz
31.10. Chipsilicon
31.11. Copper Spiral RFID
31.12. CFI global
31.13. Zhejiang Laxcen Information Technology Co. Ltd
31.14. Guangzhou Qingsong Digital Technology Co. Ltd
31.15. Shenzhen Udohow Electronics Co. Ltd
32. Global Radiofrequency Identification (RFID) Tags Market Competitive Benchmarking33. Global Radiofrequency Identification (RFID) Tags Market Competitive Dashboard34. Key Mergers and Acquisitions in the Radiofrequency Identification (RFID) Tags Market
35. Radiofrequency Identification (RFID) Tags Market Future Outlook and Potential Analysis
35.1 Radiofrequency Identification (RFID) Tags Market in 2028 - Countries Offering Most New Opportunities
35.2 Radiofrequency Identification (RFID) Tags Market in 2028 - Segments Offering Most New Opportunities
35.3 Radiofrequency Identification (RFID) Tags Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Radiofrequency Identification (RFID) Tags Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on radiofrequency identification (rfid) tags market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

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  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for radiofrequency identification (rfid) tags? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Tag Type: Active RFID; Passive RFID
2) By Material: Plastic; Paper; Glass; Metal; Other Materials
3) By Frequency: Low Frequency; High Frequency; Ultra High Frequency
4) By Application: Industrial; Retail and Wholesale; Healthcare; BFSI; Transpiration and Logistics; Government; Other Applications

Key Companies Mentioned: Avery Dennison Corporation; Honeywell International Inc.; NXP Semiconductors N.V.; Identiv Inc.; Zebra Technologies Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Avery Dennison Corporation
  • Honeywell International Inc.
  • NXP Semiconductors N.V.
  • Identiv Inc.
  • Zebra Technologies Corporation
  • HID Global
  • Invengo Information Technology Co Ltd
  • Nedap
  • Omni-ID
  • GAO RFID Inc.
  • Essen RFID
  • Asset Online Pvt. Ltd
  • Raviraj Technologies
  • Greenfuturz
  • Chipsilicon
  • Copper Spiral RFID
  • CFI global
  • Zhejiang Laxcen Information Technology Co. Ltd
  • Shenzhen ZD Technology Co. Ltd
  • Chengdu Mind Golden Card System Co. Ltd
  • Guangzhou Qingsong Digital Technology Co. Ltd
  • Shenzhen Udohow Electronics Co. Ltd
  • Vantage Ear Tag RFID Technology Co. Ltd
  • SALTO Systems
  • Suprema
  • Alfi srl
  • Torchwood Technologies
  • Codegate Ltd
  • Pervasid
  • Alien Technology Corporation
  • AMS AG
  • Atmel Corp
  • CipherLab Co. Ltd.
  • Confidex Ltd
  • Datalogic S.p.A.
  • Impinj Inc.
  • SMARTRAC N.V
  • Technology Solutions UK Ltd. (TSL)
  • ThinkMagic (Trimble)
  • Xerox Corporation
  • Texas instruments
  • Roper Technologies Inc.
  • FleetCor Technologies Inc.
  • Orbcomm Inc
  • Gaming Partners International Corporation
  • Abracon LLC
  • Marnlen
  • Bastian Solutions
  • SATO America
  • InLogic IT Solution
  • DominateRFID
  • Datametric Technologies LLC
  • Amricon
  • Acube Infotech LLC
  • ScreenCheck
  • OGTech
  • EAM RFID Solutions
  • Nofa-Med Solutions
  • Askaris
  • Absolute Integrated Electronic Solutions (AIES)
  • Aitech Systems Ltd
  • Al Smari Trading
  • Attraf company
  • Markes International Ltd
  • BUCHI Labortechnik AG

Methodology

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