Press release
Radiofrequency Identification (RFID) Tags Market Is Likely To Witness Rise In Demand Exponentially By 2031 | Avery Dennison, Zebra Technologies, Honeywell
The global radiofrequency identification tags market is expected to grow from $9.43 billion in 2021 to $10.31 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The change in the RFID tags market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $14.69 billion in 2026 at a CAGR of 9.3%.The Business Research Company offers the Radiofrequency Identification (RFID) Tags Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The radio-frequency identification (RFID) tags market consists of sales of RFID tags by entities (organizations, sole traders, and partnerships) that use hardware and software technologies that allow users to receive, store, and transmit data through radio frequency waves. RFID tags are small devices with a chip and an antenna that may be used to wirelessly identify the objects they are attached to by using an RFID reader. RFID tags transmit their identification, track, and communicate information to adjacent readers through radio waves, and can store a variety of data ranging from a single serial number to multiple pages of information.
Some key radiofrequency identification (RFID) tags market players are Avery Dennison, Zebra Technologies, Honeywell, NXP Semiconductors, Impinj Inc., Invengo Technology Pte. Ltd., ams AG, Atmel Corp, Alien Technology, Smartrac N.V., GAO RFID Inc., The Tag Factory and MOJIX.
The countries covered in the global radiofrequency identification (RFID) tags market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global radiofrequency identification (RFID) tags market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Radiofrequency Identification (RFID) Tags Market Segmentation:
By Tag Type
1. Active RFID
2. Passive RFID
By Material
1. Plastic
2. Paper
3. Glass
By Frequency
1. Low Frequency
2. High Frequency
3. Ultra High Frequency
By Application
1. Agriculture
2. Retail and Wholesale
3. Healthcare
4. BFSI
5. Transpiration and Logistics
6. Education
See more on the report at https://www.thebusinessresearchcompany.com/report/radiofrequency-identification-tags-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Radiofrequency Identification (RFID) Tags Market Characteristics
3. Radiofrequency Identification (RFID) Tags Market Trends And Strategies
4. Impact Of COVID-19 On Radiofrequency Identification (RFID) Tags
5. Radiofrequency Identification (RFID) Tags Market Size And Growth
……
26. Africa Radiofrequency Identification (RFID) Tags Market
27. Radiofrequency Identification (RFID) Tags Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Radiofrequency Identification (RFID) Tags Market
29. Radiofrequency Identification (RFID) Tags Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the radiofrequency identification (RFID) tags market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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