Radio Frequency Identification (RFID) Market to Record a CAGR of 10.39%, Industrial to be Largest Revenue

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- RFID technology uses radio frequency in a specific spectrum to communicate information, which is mostly one-way communication. A basic RFID solution includes an RFID reader, an RFID tag, and middleware.

The radio frequency identification (RFID) market size is expected to grow by USD 8.88 bn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 10.39% during the forecast period.

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Radio Frequency Identification (RFID) Market 2022-2026: Scope

The radio frequency identification (RFID) market report covers the following areas:

Radio Frequency Identification (RFID) Market Size

Radio Frequency Identification (RFID) Market Trends

Radio Frequency Identification (RFID) Market Industry Analysis

Radio Frequency Identification (RFID) Market 2022-2026: Segmentation

End-user

Geography

Product

Radio Frequency Identification (RFID) Market 2022-2026: Segmentation

The radio frequency identification (RFID) market is fragmented, and the vendors are deploying growth strategies such as trying to expand the scope of their offerings and allowing an increase in customization to compete in the market. Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., and Zebra Technologies Corp. are among some of the major market participants.

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Radio Frequency Identification (RFID) Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026

Detailed information on factors that will assist radio frequency identification (RFID) market growth during the next five years

Estimation of the radio frequency identification (RFID) market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the radio frequency identification (RFID) market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of radio frequency identification (RFID) market vendors

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Radio Frequency Identification (RFID) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.39%

Market growth 2022-2026

USD 8.88 billion

Market structure

Fragmented

YoY growth (%)

9.92

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, Canada, Mexico, China, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., and Zebra Technologies Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

4.1 Five forces summary

4.2 Bargaining power of buyers

4.3 Bargaining power of suppliers

4.4 Threat of new entrants

4.5 Threat of substitutes

4.6 Threat of rivalry

4.7 Market condition

5 Market Segmentation by End-user

5.1 Market segments

5.2 Comparison by End-user

5.3 Industrial - Market size and forecast 2021-2026

5.4 BFSI - Market size and forecast 2021-2026

5.5 Retail - Market size and forecast 2021-2026

5.6 Logistics - Market size and forecast 2021-2026

5.7 Others - Market size and forecast 2021-2026

5.8 Market opportunity by End-user

6 Market Segmentation by Product

6.1 Market segments

6.2 Comparison by Product

6.3 RFID tags - Market size and forecast 2021-2026

6.4 Middleware - Market size and forecast 2021-2026

6.5 Passive RFID systems - Market size and forecast 2021-2026

6.6 Active RFID systems - Market size and forecast 2021-2026

6.7 Market opportunity by Product

7 Customer Landscape

7.1 Customer landscape overview

8 Geographic Landscape

8.1 Geographic segmentation

8.2 Geographic comparison

8.3 North America - Market size and forecast 2021-2026

8.4 APAC - Market size and forecast 2021-2026

8.5 Europe - Market size and forecast 2021-2026

8.6 South America - Market size and forecast 2021-2026

8.7 Middle East and Africa - Market size and forecast 2021-2026

8.8 US - Market size and forecast 2021-2026

8.9 China - Market size and forecast 2021-2026

8.10 Japan - Market size and forecast 2021-2026

8.11 Canada - Market size and forecast 2021-2026

8.12 Mexico - Market size and forecast 2021-2026

8.13 Germany - Market size and forecast 2021-2026

8.14 Market opportunity by geography

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

10.3 Landscape disruption

10.4 Industry risks

11 Vendor Analysis

11.1 Vendors covered

11.2 Market positioning of vendors

11.3 Alien Technology LLC

11.4 CoreRFID Ltd.

11.5 Datalogic Spa

11.6 eAgile Inc.

11.7 Honeywell International Inc.

11.8 Impinj Inc.

11.9 Mojix Inc.

11.10 NXP Semiconductors NV

11.11 Siemens AG

11.12 Zebra Technologies Corp.

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

12.3 Currency conversion rates for US$

12.4 Research methodology

12.5 List of abbreviations

About Us

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Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

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