The global RFID market is projected to reach USD 27.56 billion by 2025, witnessing a CAGR of 6.8% during the forecast period. Growing demand for security and access control applications, rapid adoption of RFID technology in the retail sector, and emergence of internet of things (IoT), are the factors primarily driving the market growth. In addition, increasing technological advancement has led to the integration of RFID with GPS and IoT, which is expected to create significant prospects for the market. However, high installation cost of RFID systems is likely to hamper the industry growth to some extent.
RFID has emerged as a promising technology with a wide range of applications across various end-use industries such as hospitals, retail, and automotive, among others. Increasing use of RFID tags in hospitals assist in tracking the patient’s health, while locating and monitoring every activity of the patient. Furthermore, as large amount of data in documents can create a difficulty in managing them, RFID is gaining a rapid access towards document tracking. RFID document-tracking systems help reduce document searching time and track the exact location of the desired entity.
The years used for the assessment are as follows;
RESEARCH METHODOLOGY
The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
OBJECTIVES:
CHAPTER 1. Market Scope and Methodology
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
CHAPTER 2. Executive Summary
2.1. Radio Frequency Identification (RFID) – Market Snapshot
CHAPTER 3. Industry Analysis
3.1. Market Definition
3.2. Market Segmentation
3.3. Key Findings of the Global Radio Frequency Identification (RFID) Market
3.4. Market Opportunities & Trends
3.4.1. Emergence of Chipless RFID tags
3.4.2. Integration of RFID with GPS and IoT
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.1.1. Growing demand for security and access control applications
3.5.1.2. Rapid adoption of RFID technology in the retail sector
3.5.2. Market restraint analysis
3.5.2.1. High installation cost of RFID systems
CHAPTER 4. Competitive Outlook
4.1. Company Share Analysis
4.2. Porters-Five Forces Analysis
4.3. Competitive factors
CHAPTER 5. Global Radio Frequency Identification (RFID) Market Size and Forecast (2015-2025)
5.1. Global Radio Frequency Identification (RFID) Market, By Type (USD Billion)
5.1.1. Active RFID
5.1.2. Passive RFID
5.2. Global Radio Frequency Identification (RFID) Market, By Product type (USD Billion)
5.2.1. Tags
5.2.2. Readers
5.2.3. Softwares
5.3. Global Radio Frequency Identification (RFID) Market, By Frequency (USD Billion)
5.3.1. Low Frequency
5.3.2. High Frequency and Near field communication
5.3.3. Ultra-High Frequency
5.3.4. Active Ultra-high Frequency
5.4. Global Radio Frequency Identification (RFID) Market, By Label type (USD Billion)
5.4.1. Paper
5.4.2. Plastic
5.4.3. Metal
5.4.4. Glass
5.4.5. Others
5.5. Global Radio Frequency Identification (RFID) Market, By End-Use (USD Billion)
5.5.1. Agriculture
5.5.2. Transportation and Logistics
5.5.3. Healthcare
5.5.4. Commercial/ Retail
5.5.5. Contactless Cards
5.5.6. Sports
5.5.7. Security and Access control
5.5.8. Others
CHAPTER 6. Global Radio Frequency Identification (RFID) Market Size and Forecast, By Geography (2015-2025)
6.1. North America Radio Frequency Identification (RFID) Market (USD Billion)
6.1.1. North America Radio Frequency Identification (RFID) Market, By Type (USD Billion)
6.1.2. North America Radio Frequency Identification (RFID) Market, By Product Type (USD Billion)
6.1.3. North America Radio Frequency Identification (RFID) Market, By Frequency (USD Billion)
6.1.4. North America Radio Frequency Identification (RFID) Market, By Label Type (USD Billion)
6.1.5. North America Radio Frequency Identification (RFID) Market, By End-Use (USD Billion)
6.1.6. North America Radio Frequency Identification (RFID) Market, By Country (USD Billion)
6.1.6.1. U.S.
6.1.6.2. Canada
6.1.6.3. Mexico
6.2. Europe Radio Frequency Identification (RFID) Market (USD Billion)
6.2.1. Europe Radio Frequency Identification (RFID) Market, By Type (USD Billion)
6.2.2. Europe Radio Frequency Identification (RFID) Market, By Product Type (USD Billion)
6.2.3. Europe Radio Frequency Identification (RFID) Market, By Frequency (USD Billion)
6.2.4. Europe Radio Frequency Identification (RFID) Market, By Label Type (USD Billion)
6.2.5. Europe Radio Frequency Identification (RFID) Market, By End-Use (USD Billion)
6.2.6. Europe Radio Frequency Identification (RFID) Market, By Country (USD Billion)
6.2.6.1. UK
6.2.6.2. Germany
6.2.6.3. France
6.2.6.4. Russia
6.2.6.5. Rest of Europe
6.3. Asia-Pacific Radio Frequency Identification (RFID) Market (USD Billion)
6.3.1. Asia-Pacific Radio Frequency Identification (RFID) Market, By Type (USD Billion)
6.3.2. Asia-Pacific Radio Frequency Identification (RFID) Market, By Product Type (USD Billion)
6.3.3. Asia-Pacific Radio Frequency Identification (RFID) Market, By Frequency (USD Billion)
6.3.4. Asia-Pacific Radio Frequency Identification (RFID) Market, By Label Type (USD Billion)
6.3.5. Asia-Pacific Radio Frequency Identification (RFID) Market, By End-Use (USD Billion)
6.3.6. Asia-Pacific Radio Frequency Identification (RFID) Market, By Country (USD Billion)
6.3.6.1. China
6.3.6.2. Japan
6.3.6.3. India
6.3.6.4. South Korea
6.3.6.5. Rest of Asia-Pacific
6.4. Central & South America (CSA) Radio Frequency Identification (RFID) Market (USD Billion)
6.4.1. Central & South America RFID Market, By Type (USD Billion)
6.4.2. Central & South America RFID Market, By Product Type (USD Billion)
6.4.3. Central & South America RFID Market, By Frequency (USD Billion)
6.4.4. Central & South America RFID Market, By Label Type (USD Billion)
6.4.5. Central & South America RFID Market, By End-Use (USD Billion)
6.4.6. Central & South America RFID Market, By Country (USD Billion)
6.4.6.1. Brazil
6.4.6.2. Rest of Central & South America
6.5. Middle East and Africa (MEA) Radio Frequency Identification (RFID) Market (USD Billion)
6.5.1. Middle East and Africa RFID Market, By Type (USD Billion)
6.5.2. Middle East and Africa RFID Market, By Product Type (USD Billion)
6.5.3. Middle East and Africa RFID Market, By Frequency (USD Billion)
6.5.4. Middle East and Africa RFID Market, By Label Type (USD Billion)
6.5.5. Middle East and Africa RFID Market, By End-Use (USD Billion)
6.5.6. Middle East and Africa RFID Market, By Country (USD Billion)
6.5.6.1. UAE
6.5.6.2. South Africa
6.5.6.3. Rest of MEA
CHAPTER 7. Key Players and Strategic Developments
7.1. NXP Semiconductors
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. Alien Technology, LLC
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Avery Dennison Corporation
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Smartrac
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments
7.5. Checkpoint Systems
7.5.1. Business Overview
7.5.2. Product and Service Offering
7.5.3. Financial Overview
7.5.4. Strategic Developments
7.6. GAO RFID
7.6.1. Business Overview
7.6.2. Product and Service Offering
7.6.3. Financial Overview
7.6.4. Strategic Developments
7.7. Zebra Technologies
7.7.1. Business Overview
7.7.2. Product and Service Offering
7.7.3. Financial Overview
7.7.4. Strategic Developments
7.8. HID Global Corporation
7.8.1. Business Overview
7.8.2. Product and Service Offering
7.8.3. Financial Overview
7.8.4. Strategic Developments
7.9. Sierra Circuits
7.9.1. Business Overview
7.9.2. Product and Service Offering
7.9.3. Financial Overview
7.9.4. Strategic Developments
7.10. Applied Wireless, Inc.
7.10.1. Business Overview
7.10.2. Product and Service Offering
7.10.3. Financial Overview
7.10.4. Strategic Developments
7.11. Honeywell International Inc.
7.11.1. Business Overview
7.11.2. Product and Service Offering
7.11.3. Financial Overview
7.11.4. Strategic Developments