Press release
Radio Frequency Identification (RFID) Smart Cabinet Market is expected to reach USD 1336.0 million by 2025 | Key players Solstice Medical (The U.S), Terson Solutions (The U.S), LogiTag (The U.S), WaveMark (The U.S), Nexess (France), SATO Vicinity
According to the research report, the Radio Frequency Identification (RFID) Smart Cabinet Market Size was valued at USD 503.6 million in 2016 is anticipated to grow USD 1336.0 million with the compounded annual growth of 4.4% over the forecast period 2017-2025
Radio Frequency Identification (RFID) Smart Cabinet Market Overview:
RFID smart cabinets are very much applicable in the medical sector as of to eliminated the expired items and also to manage the stock-outs of the medicine which has complete tracking in the maintenance of the supplies. The application is real time and also increases the availability of the medicines for the patients by the management by monitoring the status of availability. Moreover, the RFID applications does not stuck to the medical department but also moving forward in the other sectors which are enabled to track the cassette and control in the semiconductor industry. Also they offer latest managing high-valued medications for the patients which improve the progress of the sales in the market.
Browse details of 140 numbers of pages research report developed on Radio Frequency Identification (RFID) Smart Cabinet Market @ https://www.researchcosmos.com/reports/radio-frequency-identification-smart-cabinet-market/72552258
Radio Frequency Identification (RFID) Smart Cabinet Market Growth Drivers and Restraints:
The major attribute propelling the growth of the market is rise in the adoption of real time applications and also tracking of the availability along with reducing loss of the damages. The growing demand from the end user industry is accelerating the growth of the market.
However, lack of skilled people for monitoring and tracking the products availability in the medical sector is hampering the growth of the market. Challenging factor for the market demand is lack of standardization and also negligence by the higher authorities in providing the sufficient equipments for the industries.
The continuous efforts in the developments of the RFID smart cabinets that are focusing on the deployment mode with the cloud-based platform are lucratively showing up growth opportunities of the market. The easy access of these devices as they offer simple user interface with real time tracking is also boosting up the chances for the market.
Radio Frequency Identification (RFID) Smart Cabinet Market Region Analysis:
Geographically, the RFID smart cabinets market is segmented into North America, Asia pacific, Europe, Middle East and Africa. North America is anticipated to hold the highest shares of the market owing to adoption of advanced technology and rise in the real-time tracking systems in the medical sector. Europe is following North America in leading the shares of the market to dominate in the coming years. Asia Pacific and Middle East& Africa are witnessed to have inclined growth in the near future.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/radio-frequency-identification-smart-cabinet-market/72552258
Radio Frequency Identification (RFID) Smart Cabinet Market Key Players:
The key players in the RFID smart cabinets market are Solstice Medical (The U.S), Terson Solutions (The U.S), LogiTag (The U.S), WaveMark (The U.S), Nexess (France), SATO Vicinity (Australia), Mobile Aspects Inc. (The U.S)., Skytron (The U.S), SkyeTek (The U.S) and Invengo Technology BV (Singapore).
Radio Frequency Identification (RFID) Smart Cabinet Market Segmentation:
By Application
• Hospitals
• Clinics
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/radio-frequency-identification-smart-cabinet-market/72552258
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.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 Radio Frequency Identification (RFID) Smart Cabinet Market is expected to reach USD 1336.0 million by 2025 | Key players Solstice Medical (The U.S), Terson Solutions (The U.S), LogiTag (The U.S), WaveMark (The U.S), Nexess (France), SATO Vicinity here
News-ID: 1653487 • Views: …
More Releases from Research Cosmos
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking.
Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834
Growing utilization…
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview:
Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period.
Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of…
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…
RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers …
Future Market Insights (FMI) has published a new research report titled “Radio Frequency Identification (RFID) Readers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).” The report states that the growing penetration of advanced technology along with increasing supply chain complexities are encouraging consumers to adopt RFID technology. Owing to this, players operating in the RFID readers market are incessantly upgrading their product portfolios in order to meet the demands…
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…
