Radio-Frequency Identification (RFID) Market Size and Forecast 2024-2030

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Radio-Frequency Identification (RFID) Market size was valued at USD 16.12 billion in 2023 and the total Radio-Frequency Identification (RFID) revenue is expected to grow at a CAGR of 11 % from 2024 to 2030, reaching nearly USD 34.19 Billion by 2030.

Radio-Frequency Identification (RFID) Market Insights Unveiled:

Radio-frequency Identification (RFID) is a wireless communication system comprising tags and readers. Readers emit radio waves and receive signals from RFID tags, which passive (reader-powered) or active (battery-powered). RFID facilitates diverse applications in healthcare, including inventory control, equipment tracking, and patient monitoring. Tags store varying information, and readers are mobile or integrated into structures. In the healthcare sector, the RFID market ensures precise medication administration, mitigates the risk of counterfeit drugs, and assists in fall detection.

 

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Anticipated Growth in Revenue:

size was valued at USD 16.12 billion in 2023 and the total Radio-Frequency Identification (RFID) revenue is expected to grow at a CAGR of 11 % from 2024 to 2030, reaching nearly USD 34.19 Billion by 2030.

Unleashing the Market's Potential:

In addition, increased demand for flexible learning options, expanding internet penetration, and developments in educational technology are likely to be important drivers impacting the Radio-Frequency Identification (RFID) market expansion. Furthermore, governments and academic institutions are realising more and more how Radio-Frequency Identification (RFID) may increase access to high-quality education and close the achievement gap. Key players offering scalable, superior virtual education solutions, like K12 Inc., Connections Academy, and Florida Virtual School, are having a major impact on the market growth.

 

 

 

 

Segmentation: The Art of Unveiling

by Offering
Tags
Readers
Software Services

by Wafer Size
8 Inch
12 Inch
Other Wafer Sizes

by Frequency
Low Frequency
High Frequency
Ultra-High Frequency

by Material
Plastic
Paper
Glass
Other Materials

by End-use Industry
Commercial
Animal Tracking
Transportation
Agriculture
Security and Access Control
Healthcare
Retail
Logistics and Supply Chain
OthersBy Material

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Table of Content: Radio-Frequency Identification (RFID) Market

Part 01: Executive Summary

Part 02: Scope of the Radio-Frequency Identification (RFID) Market Report

Part 03: Global Radio-Frequency Identification (RFID) Market Landscape

Part 04: Global Radio-Frequency Identification (RFID) Market Sizing

Part 05: Global Radio-Frequency Identification (RFID) Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Players: Masters of the Market Arena

Major Contributors in the Radio-Frequency Identification (RFID) Industry in North America:

Global
1. Impinj (Seattle, Washington State)
2. HID Global (United States, Texas)
3. STMicroelectronics (Geneva, Switzerland )
4. Nordic ID (Salo, Finland)
5. CAEN RFID srl (Lucca, Italy)

North America
1. GAOTek Inc. (New York, USA)

Europe
2. Kronegger GmbH (Styria, Austria)
3. Dorset Identification (Gelderland, Netherlands)
4. FEIG ELECTRONIC GmbH (Hessen, Germany
5. Neosid Pemetzrieder GmbH Co. KG (Nordrhein-Westfalen, Germany)
6. Microsensys GmbH (Thuringia, Germany)
7. ams-OSRAM AG (Styria, Austria)
8. BERNSTEIN (Germany)
9. K. A. Schmersal GmbH Co. KG (Wuppertal, Germany)
10. ReeR S.p.A. (Torino, Italy)
11. COMITRONIC BTI (Nouvelle-Aquitaine, France)

Leading players in the Europe Radio-Frequency Identification (RFID) Market:

1. GAF AG, Munich, Germany
2. Telespazio, Rome, Italy
3. CGG, Paris, France
4. Airbus Defence and Space, Toulouse, France
5. Hexagon AB, Stockholm, Sweden
6. Fugro, Leidschendam, Netherlands
Key players driving the Asia-Pacific Radio-Frequency Identification (RFID) Market:
1. SI Imaging Services, Daejeon, South Korea
2. Satrec Initiative, Daejeon, South Korea
3. Harris Geospatial Solutions Asia Pacific, Melbourne, Australia
4. Satlab Geosolutions, New Delhi, India
5. Remote Sensing Technology Center of Japan (RESTEC), Tokyo, Japan
6. Japan Space Imaging Corporation, Tokyo, Japan
7. Skylab Analytics, Bengaluru, India

Regional Revelations

Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.

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Enter the sanctuary of the market report to unveil the sacred answers that elude curious minds:

  • Unveil the essence of the mystical Radio-Frequency Identification (RFID) Market.
  • Journey through the mists of time with the forecast period of the Radio-Frequency Identification (RFID) Market.
  • Gaze into the swirling dance of competition in the captivating Radio-Frequency Identification (RFID) Market.
  • Ascertain the realm where the greatest market share lies within the Radio-Frequency Identification (RFID) Market.
  • Embrace the alluring opportunities that beckon in the Radio-Frequency Identification (RFID) Market.
  • Unravel the hidden forces shaping the growth of the enigmatic Radio-Frequency Identification (RFID) Market.
  • Encounter the revered guardians of the Radio-Frequency Identification (RFID) Market - the illustrious key players.
  • Discover the titan reigning supreme, holding the largest share in the resplendent Radio-Frequency Identification (RFID) Market.
  • Venture into the realm of the Compound Annual Growth Rate (CAGR), unveiling the forecast for the Radio-Frequency Identification (RFID) Market's enchanting future.
  • Foretell the enchanting trends that shall emerge from the mystical depths of the Radio-Frequency Identification (RFID) Market in the years to come.

Key Offerings - The Bountiful Treasures

  • Bestow upon your quest the treasure map, leading to Market Share, Size, and Revenue Forecast| 2024-2030.
  • Equip yourself with the magic key - Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends.
  • Unlock the hidden gates of Market Segmentation, where the arcane secrets of Radio-Frequency Identification (RFID) await your perusal.
  • Stand among the giants as you survey the Landscape - Leading key players and other illustrious participants.

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