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Global Radio Frequency Identification (RFID) market by Type (Tags, Labels, Software), by Frequency (Low, High, Ultrahigh), by Label type (Plastic, Paper, Metal, Glass, Others), by Application (Asset Tracking & Monitoring, Identification, Security & Access

12-12-2020 07:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Global Radio Frequency Identification (RFID) market by Type

The Radio Frequency Identification (RFID)Market was valued at US$ 21174.68 million in 2019 and is projected to reach US$ 35589.91 million by 2025, at a CAGR of 7.7% during the forecast period. In this study, 2019 has been considered as the base and 2020 to 2025 as the forecast period to estimate the market size for Radio Frequency Identification Market
The growth of the RFID market is predominantly driven by the rising need for efficient supply chain management in the developing economies of South East Asia & Others of APAC, Middle East & Africa and China. In the healthcare sector, the focus on RFID technology for the tracking and classification of medical instruments is rising, and this is expected to drive the demand for the technology. China is expected to present attractive opportunities for RFID manufacturers followed by countries located in the South East Asia & Pacific. The China RFID market is estimated to grow at a significant CAGR in terms of value over the forecast period.
The adoption of RFID technology by customers of aircrafts, such as Airbus, Boeing and the U.S. Department of Defence, for improving supply chain visibility, asset management & utilization, work-in-process (WIP) tracking, improved maintenance tracking and efficient logistics & manufacturing operations has increased.
Report Link
For more details on “Global Radio Frequency Identification” Market Report:
https://i2iresearch.com/report/global-radio-frequency-identification-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Global Radio Frequency Identification market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Global Radio Frequency Identification market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.
To avail a copy of the sample of the Global Radio Frequency Identification Market Report:
https://i2iresearch.com/report/global-radio-frequency-identification-market-2020-market-size-share-growth-trends-forecast-2025/

Key Segmentations in this report

Global Radio Frequency Identification Market, by Type
• Tags
• Reader
• Software
Global Radio Frequency Identification Market, by Frequency Type
• Low Frequency (LF)
• High Frequency (HF)
• Ultrahigh Frequency (UHF)
Global Radio Frequency Identification Market, Label Type
• Plastic
• Paper
• Metal
• Glass
• Others
Global Radio Frequency Identification Market, By Application
• Asset Tracking & Monitoring
• Identification
• Security & Access Control
• E-payments
• Material handling & Logistics
Global Radio Frequency Identification Market, By End Use Segment
• Agriculture, Farming & Livestock
• Aerospace & Defense
• E- Commercial & Retail
• Healthcare
• Logistic & Transportation
• Financial
• Others

For a detailed table of content of the Global Radio Frequency Identification Market Report:
https://i2iresearch.com/report/global-radio-frequency-identification-market-2020-market-size-share-growth-trends-forecast-2025/

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We specialize in providing deep market insights that help our clients in getting an in-depth understanding of how different factors impact their business and the industry that they are in or planning to get into. As a result, we are able to help you always stay ahead of the curve and achieve a sustained revenue growth with healthy bottomline.
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