Press release
RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers, Non-Integrated RFID Readers, Handheld RFID Readers
Report Overview @ https://www.futuremarketinsights.com/reports/rfid-readers-market
For instance, in April 2016, Zebra launched RFD8500, which is a multi-operating system. This new product was designed to add high performance RFID and 1D/2D barcode scanning to android and iOS compatible mobile devices. This RFID reader is anticipated to help in adding better data collection capabilities and help in communicating with other host devices to write and read data. Additionally, in January 2017, Zebra launched Zebra SmartSense RFID for application in the retail sector to identify and track the location of the associates, merchandise, and shoppers in a retail store in real time. Some of the other companies operating in the global RFID readers market are Invengo Information Technology Co. Ltd., GAO RFID Inc., Impinj, Alien Technology, Xerox Corporation, Honeywell, and Datalogic.
Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6432
According to the report, the global RFID readers market is expected to witness a significant CAGR of 12.3% from 2017 to 2027. The market was worth US$ 5545.5 Mn in 2017 and is expected to rise to a valuation of US$ 17,758.8 Mn by the end of the forecast period.
Retail Sector to Intensify its Deployment of RFID Technology
Growing demand for efficient supply chain operations in the retail sector is leading to a rising demand for RFID technology. RFID tags and readers are installed by companies as a part of their security issues to prevent risk of theft and loss. Companies are intensifying the adoption of automated item identification systems for supply chain management in order to improve inventory allocation efficiencies. The growing need for efficient supply chain management is expected to support revenue growth of the RFID readers market during the forecast period. RFIDs store detailed information up to 2 KB related to the product on which it is tagged. Prices and details of the product with RFID tags are spontaneously chronicled when the customer approaches the counter, without scanning each and every product, which saves time of the customer. Furthermore, it permits cost tally in one scan, which saves time of the user as well as the product retailer.
The pressing need for RFID technology in the healthcare sector is also adding to the growth of the RFID reader market. In the healthcare sector, the focus on RFID technology for tracking and cataloguing of medical equipment is surging and this is anticipated to drive the demand for RFID readers. This technology ensures patient safety, improves supply chain efficiency, and decreases human errors in healthcare procedures. Healthcare management and monitoring of critical care equipment is another leading area for the application of RFID technology.
Request Report for Table of Contents @ https://www.futuremarketinsights.com/askus/rep-gb-6432
Breech and Data Insecurity to Hinder Market Growth in the Long Run
RFID readers and tags do not have a locking system or for that matter, a secure password. As a result, the risk of information breach increases. The dearth of security systems is a restraining factor in the growth of the RFID readers market. Several companies in the healthcare and other industries avoid using these systems for asset tracking as there is a chance of information breach related to the usage of medicine.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers, Non-Integrated RFID Readers, Handheld RFID Readers here
News-ID: 1355791 • Views: …
More Releases from Future Market Insights
Germany Semi-Automatic Labelling Machines Market Poised for Steady Growth at 4. …
The global semi-automatic labelling machines market is entering a period of measured yet consistent growth, projected to expand from USD 1.5 billion in 2025 to USD 2.2 billion by 2035. This reflects a compound annual growth rate (CAGR) of 3.6%, translating into an absolute market opportunity of USD 0.7 billion over the next decade. Industry analysts highlight that this steady growth trajectory provides manufacturers, investors, and packaging operators with predictable…
Germany RFID-Integrated Smart Packaging Market Set at 12.2% by 2035, Driving In …
The global RFID-integrated smart packaging market is poised for remarkable growth over the next decade, projected to reach USD 15.6 billion by 2035 from an estimated USD 5.2 billion in 2025. This three-fold expansion, reflecting a compound annual growth rate (CAGR) of 11.9%, highlights a significant opportunity for both established industry leaders and innovative newcomers to expand their footprint in a market increasingly defined by technological integration, supply chain transparency,…
Germany Returnable Circular Packaging Market Poised for Remarkable Growth, Reac …
The returnable circular packaging market is set to experience a transformative decade, growing from USD 4.8 billion in 2025 to USD 13.9 billion by 2035. This represents a total market expansion of USD 9.1 billion, reflecting a 189.6% increase over the forecast period and a robust compound annual growth rate (CAGR) of 11.5%. With this trajectory, the market is expected to nearly triple in size, highlighting the increasing adoption of…
Germany Retortable Mono-Material Pouches for Wet Foods Market Poised for Rapid G …
The global retortable mono-material pouches for wet foods market is on track for remarkable expansion over the next decade, growing from USD 1.5 billion in 2025 to an estimated USD 4.0 billion by 2035. This represents a total increase of USD 2.5 billion, marking a 166.7% growth and a compound annual growth rate (CAGR) of 10.0%. Over ten years, the market is expected to grow by a 2.67 multiple, underlining…
More Releases for RFID
RFID Tags For Asset Tracking Market Exceptional Business Performance | Vizinex R …
As the global economy recovers in 2021 and the supply of the industrial chain improves, the RFID Tags For Asset Tracking market will undergo major changes. The latest research shows that the RFID Tags For Asset Tracking industry market size will be million US dollars in 2021, and will grow to million US dollars in 2028, with an average annual growth rate of %.
The global RFID Tags For Asset Tracking…
Global RFID Tag Chips Market by Type, HF RFID Chip, UHF RFID Chip, LF RFID Chip, …
This study report Global RFID Tag Chips Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.
The report investigates and analyzes the…
RFID Equipment Market - The Rising Application of RFID In Healthcare RFID Techno …
The applications of Radio Frequency Identification (RFID) have widened in the healthcare industry, ranging from tracking medical equipment, patient identification and blood transfer monitoring to tracking the path of medication from pharmacy to the patient. Due to this, the RFID equipment market has witnessed a high growth rate over the years.
Providing clients with in-depth analysis and competitive intelligence, the research report evaluates the RFID equipment market and all…
RFID Tag Chip Market: By Applications - HF RFID Tags, UHF RFID Tags, LF RFID Tag …
Latest industry research report on: Global and United States RFID Tag Chip Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1227953
This report studies the RFID Tag Chip market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits…
rfid clear tag for rfid inventory (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application.
DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm
DIT…
windshield rfid tag for rfid solutions(gyrfidstore)
The strength of RFID label or RFID Stickers compared with other tags is the thinner thickness, various size, flexible and cost efficient. It can be sealed inside of goods or stick on the device surface with adhesive layer. The label is also optional with anti-metal layer to mount and working on metal surface. GYRFID Provides different types Stickers to meet the requirement for different applications such as NFC Payments,…
