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2022 Radio-Frequency Identification (RFID) Tags Market Research Analysis, Application, Global Outlook And Forecast To 2031
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According to The Business Research Company's Radio-frequency Identification (RFID) Tags market report, the global radio-frequency identification (RFID) tags market reached a value of nearly $8,885.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.3% since 2015. The global radio-frequency identification (RFID) tags market size is expected to grow from $8,885.6 million in 2020 to $13,569.0 million in 2025 at a rate of 8.8%. The global radio-frequency identification (RFID) tags market size is then expected to grow at a CAGR of 8.3% from 2025 and reach $20,189.5 million in 2030.
IoT technology adoption by different industries is expected to drive the RFID tags market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity that enable these objects to collect and exchange data. The RFID technology enables fast identification and location of objects when used with IoT products such as cameras, GPS and other smart devices.
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The Radio-frequency Identification (RFID) Tags market is segmented -
By Tag Type : Active RFID And Passive RFID
By Material : Plastic, Paper, Glass, Metal
By Frequency : Low Frequency, High Frequency, Ultra-High Frequency
By Application : Agriculture, Retail And Wholesale, Healthcare, BFSI, Transportation And Logistics, Education
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Radio-frequency Identification (RFID) Tags market.
Major competitors in the Radio-frequency Identification (RFID) Tags market include Brookdale Senior Living Inc., Sunrise Senior Living, Atria Senior Living Group, Life Care Centers of America, Erickson Living.
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The radio-frequency identification (RFID) tags market consists of sales of RFID tags and related services by entities (organizations, sole traders, and partnerships) that use hardware and software technologies allowing users to receive, store, and transmit data through radio-frequency waves. RFID tags are small devices (radio transponders) which that use electromagnetic fields to wirelessly transmit information about the objects they are attached to, to an RFID reader (or receiver which contains an antenna). RFID tags (or smart labels) transmit digital identification data to adjacent readers through radio waves and can store an array of data. ranging from a single serial number to multiple pages of information.
The Table Of Content For The Radio-frequency Identification (RFID) Tags Market Include:
1. Radio-frequency Identification (RFID) Tags Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
.....
20. Global Radiofrequency Identification (RFID) Tags Market Competitive Landscape
21. Key Mergers And Acquisitions In The Global Radio Frequency Identification (RFID) Market
22. Radio-Frequency Identification (RFID) Tags Market Opportunities And Strategies
23. Radio-Frequency Identification (RFID) Tags Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Radio-frequency Identification (RFID) Tags Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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