Press release
RFID Market Forecasted to Reach $32.4 Billion by 2029, Transforming Connectivity
Meticulous Research® Unveils the Future Landscape of RFID Market: Estimated to Reach $32.4 Billion by 2029Leading global market research company, Meticulous Research®, is proud to announce the publication of its latest research report titled "RFID Market by Component (Hardware - Printers, Antenna, Readers, Labels, Card, Tags, Implant; Software), Frequency (Ultra-high Frequency), Type (Active, Passive), End-user (Transportation & Logistics, Retail), and Geography - Global Forecasts to 2029."
Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5272
In line with Meticulous Research®'s commitment to providing comprehensive insights, the report projects the global RFID market to witness a remarkable growth trajectory, expecting to reach $32.4 billion by 2029 at a CAGR of 10.8% from 2022-2029.
Market Dynamics: The RFID market's growth is fueled by an increasing demand for operational efficiency across various industries, widespread installation of RFID solutions in healthcare, retail, and manufacturing sectors, and rising government initiatives advocating the use of AIDC technology. Key benefits offered by RFID technology include operational efficiency, elimination of human error, reduction in capital costs, access to real-time data, and insights for better decision-making.
Opportunities and Trends: The rise in Industry 4.0 adoption and smart manufacturing is anticipated to provide significant growth opportunities. However, challenges such as vulnerability to cyber threats and the high capital expenditure for RFID deployment pose restraints. Technology trends include the integration of artificial intelligence (AI) in RFID, smart mirrors, hybrid, and chipless RFID solutions.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/rfid-market-5272
Market Segmentation: The global RFID market is segmented based on component, frequency, type, and end user.
Component:
• Hardware (Printers, Antenna, Readers, Labels, Card, Tags, Implant)
• Software
In 2022, the hardware segment is expected to dominate, driven by increased RFID system installations, a surge in RFID tag demand, technological advancements in contactless smartcards, and a growing need for RFID printers, recorders, tags, readers, and labels.
Frequency:
• Ultra-high Frequency
In 2022, the ultra-high frequency segment is predicted to hold the largest share, attributed to increased demand for multiple tracking applications, including asset tracking, inventory management, manufacturing equipment, and product tagging.
Have Any Query ? Speak To Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5272
Type:
• Active RFID
• Passive RFID
In 2022, the passive RFID segment is expected to dominate due to the growing penetration of passive tags as RAIN RFID frequency and the increasing demand for smaller, low-cost RFID tags for tracking goods in various industries.
End User:
• Transportation & Logistics
• Retail
• BFSI
• Government
• Manufacturing
• Healthcare
• Agriculture
• Sports & Entertainment
• Aerospace and Defense
• Consumer Products
• Other End-users
Quick Buy - https://www.meticulousresearch.com/Checkout/81928305
In 2022, the transportation & logistics segment is anticipated to hold the largest share, driven by increasing demand for supply chain management, shipment tracking applications, and the need to enhance operational productivity.
Geographic Review: The global RFID market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is poised to command the largest share, with increased awareness and adoption of AIDC technology, government investments in security infrastructure, and rising demand for RFID solutions.
Key Players:
Leading players in the global RFID market include HID Global Corporation, Avery Dennison Corporation, Zebra Technologies Corporation, GAO RFID Inc., Honeywell International, Inc., Identiv, Inc., Impinj, Inc., Invengo Technology Pte. Ltd., NXP Semiconductors N.V., Alien Technology, LLC., and more.
Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5272
Contact Us:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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 Market Forecasted to Reach $32.4 Billion by 2029, Transforming Connectivity here
News-ID: 3362038 • Views: …
More Releases from Meticulous Research®
How Ultrasonic Testing Keeps the World's Infrastructure Safe
The global ultrasonic testing market was valued at USD 1.96 billion in 2025 and is on track to more than double, reaching around USD 4.54 billion by 2036, up from USD 2.08 billion in 2026 - a steady annual growth rate of 8.1% across the decade. The driving forces behind this expansion are straightforward: industries everywhere are under growing pressure to keep their infrastructure safe, comply with increasingly strict inspection…
Farming Without Hands: How Agricultural Robots Are Solving the Food Production C …
The global agricultural robots market was valued at USD 15.7 billion in 2025 and is expected to climb from USD 18.6 billion in 2026 to around USD 123.0 billion by 2036 - a growth rate of 20.7% per year over that decade. The forces behind this surge are hard to ignore: farms everywhere are struggling to find enough workers, the push toward smarter and more efficient farming is accelerating, and…
Engineering the Impossible: How Metamaterials Are Rewriting the Rules of Physics …
The global metamaterial market was valued at USD 1.45 billion in 2025 and is projected to grow from USD 1.78 billion in 2026 to approximately USD 18.50 billion by 2036, at a compound annual growth rate of 28.5%. That trajectory - more than a tenfold increase over a decade - reflects a technology that is crossing a critical threshold from scientific novelty to industrial necessity, finding applications across telecommunications, aerospace,…
Beyond GPS: How LEO Satellites Are Building a Navigation System the World Can Ac …
The global Low Earth Orbit Positioning, Navigation, and Timing market was valued at USD 118.6 million in 2025 and is projected to grow from USD 154.0 million in 2026 to approximately USD 2.55 billion by 2036, at a compound annual growth rate of 32.4%. That growth rate - among the highest of any segment in the space industry - tells a story about urgency. The world has become deeply dependent…
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…
