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Global RFID Market Growing at a CAGR of 11.72% | Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, Brady Worldwide, Inc

03-30-2020 06:30 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Global RFID Market

Global RFID Market

Inclusive Insight: Global RFID Market

Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026.? RFID is an acronym for "radio frequency identification" and relates to a technique in which digital data embedded in RFID tags or smart tags is discovered by a viewer via radio waves. RFID is identical to barcoding in that the tag or label data is detected by a machine that stores the data in a database. However, RFID has several benefits over schemes that use barcode tracking software.

RFID ?report highlights the idea of high level analysis of major market segments and recognition of opportunities. Market analysis and market segmentation has been reviewed here in terms of markets, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This market report carries out comprehensive analysis of company profiles of key market players that offers a competitive landscape. The RFID ?market report exhibits important product developments and tracks recent acquisitions, mergers and research in the? industry by the top market players.

The well-established Key players in the market are:

Honeywell International Inc,
HID Global Corporation,
Impinj, Inc,
IBM Corporation,
Invengo Technology Pte Ltd,
NXP Semiconductors,
Protrac iD,
ACTATEK (UK) Ltd,
Alien Technology, LLC,
AVERY DENNISON CORPORATION,

study compiled with over 100+ pages, list of tables & figures, profiling 10+ companies. Ask for Sample @ https://www.databridgemarketresearch.com/toc/?dbmr=global-rfid-market

?Unique structure of the report: Global RFID Market

By Products (Tags, Readers, Software),

Tags (Wafer Size, Tag type, Frequency, Application, Form Factor, Material),

End User (Industrial, Transportation, Retail, Consumer Package Goods, Healthcare, Education, Others),

To comprehend RFID ?market dynamics in the world mainly, the worldwide RFID market is analyzed across major global regions.

North America: United States, Canada, and Mexico.

South & Central America: Argentina, Chile, and Brazil.

Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

Europe: UK, France, Italy, Germany, Spain, and Russia.

Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Rapid Business Growth Factors

In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that's helping the market grow faster than usual is the tough competition.

Major Industry Competitors: Global RFID Market Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.

What are the major market growth drivers?

Enhanced deployment of RFID in production facilities to increase productivity is contributing to the growth of the market
Enhanced using of safety & authentication implementation is boosting the growth of the market
Increase government policies is propelling the growth of the market
Heavy implementation of RFID technologies in the retail sector is driving the growth of the market

Browse more insight of RFID market research report enabled with respective tables and figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-rfid-market

Key Developments in the Market: Global RFID Market

In November 2018, PervasID declares the release of its new Multi-Ranger product. The company that previously this year provided $1.87 million for the Series Funding created the first 99% + accurate multi-functional RFID reader to address stock issues for retailers. In order for RFID technology to bring actual benefits to distributors, it must push revenues, offer enhanced operating effectiveness and boost income while needing small expenditure. The market share has increased subsequently with the launch of the latest product and increasing the product portfolio of the company.
In August 2018, Marchi Engenharia has announced the implementation of the latest brand of radio frequency identification tools under the brand name Via Onda. The M-ID40 module and antennas were the first instruments the company has constructed to enter the industry. The Via Onda reader is intended to monitor car and individual's entry, stock handling, restaurant, and hospital design, crash safety of freight cars and pedestrian trampling, and inventory of products. This product launch has extended the company's brand range and boosted its market share.

However, high cost of RFID products is one of the key factors which are expected to limit the growth of global RFID market over the forecast period.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: RFID Market Landscape

Part 05: Market Sizing

More.......TOC..... ..Continue

Based on geography, the global RFID ?market report covers data points for 28 countries across multiple geographies namely

Customization of the Report: Global RFID Market report can be customized to meet the client's requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.

Key questions answered in this report

What will the market size be in 2026 and what will the growth rate be
What are the key market trends?
What is driving RFID Market?
What are the challenges to market growth?
Who are the key vendors in Market space?
What are the key market trends impacting the growth of the RFID Market ?
What are the key outcomes of the five forces analysis of the RFID Market?
What are the market opportunities and threats faced by the vendors in the RFID market?

Get in-depth details about factors influencing the market shares of the Americas, APAC, and EMEA?

Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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