Market Insights Reports

RFID Market Is Projected to Reach USD 31.9 Billion by 2025


Harrisburg, NC -- (SBWIRE) -- 10/12/2018 -- The global RFID Market was valued at USD 16.45 billion in 2016 and is projected to reach USD 31.9 billion by 2025, growing at a CAGR of 7.36% from 2017 to 2025.

Radio-Frequency Identification (RFID) is the use of radio waves to read and capture information stored on a tag attached to an object. A tag can be read from up to several feet away and does not need to be within direct line-of-sight of the reader to be tracked.

Top Leading Companies are Alien Technology, Applied Wireless RFID, Avery Dennison, Caen RFID, Checkpoint Systems, GAO RFID, Globeranger, Impinj, Invengo, Mojix, Motorola, Nedap, NXP Semiconductors, Smartrac Technology, Thingmagic.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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This report provides a detailed analysis of the RFID market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

The global RFID market is segmented on the basis of process, end-use industry, and region.

Global RFID Market, by Products:
- Tags
- Readers
- Software

Global RFID Market, by Tags:
- By Wafer Size
- By Tag Type
- By Frequency
- By Application
- By Form Factor
- By Material

Regions Covered are: North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia Pacific), Latin America (Brazil, Argentina, Rest of Latin America), Middle East & Africa.

Essential points covered in Global RFID Market 2018 Research are:-
-What will the market size and the growth rate be in 2025?
-What are the key factors driving the global RFID market?
-What are the key market trends impacting the growth of the global RFID market?
-What are the challenges to market growth?
-Who are the key vendors in the global RFID market?
-What are the market opportunities and threats faced by the vendors in the global RFID market?
-What are the key outcomes of the five forces analysis of the global RFID market?

This independent 125 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the RFID market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2025.

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Furthermore, the report provides a detailed analysis of the global RFID market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.The report also includes a detailed analysis of the global RFID market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

The research includes historic data from 2013 to 2017 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of RFID on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of RFID Market and assist manufacturers and investment organization to better grasp the development course of RFID Market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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