Press release
Radio-Frequency Identification (RFID) Market to Grow at 11% CAGR, Reaching USD 34.19 Billion by 2030
Radio-Frequency Identification (RFID) Market
Advancements in RFID technology, such as cost-effective tags and integration with IoT, along with government initiatives for enhanced traceability, are boosting the market growth across various industries.
A global Information Technology & Telecommunication business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the "Radio-Frequency Identification (RFID) Market". The report is a combination of primary data and secondary data and domain experts have analysed the Radio-Frequency Identification (RFID) Market from a local, regional and global point of view. Over the forecast period, Maximize Market Research expects the Radio-Frequency Identification (RFID) Market to grow from USD 16.12 Bn in 2023 to USD 34.19 Bn in 2030 at a CAGR of 11 percent.
Sample Request Link: https://www.maximizemarketresearch.com/request-sample/8415/
Radio-Frequency Identification Market Report Scope
Market Size in 2023: USD 16.12 Billion
Market Size in 2030: USD 34.19 Billion
CAGR: 11 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 285
No. of Tables: 133
No. of Charts and Figures: 183
Segment Covered: By Product Type, Application, Frequency, End-User Industry
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market
Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition
Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Radio-Frequency Identification (RFID) Market Report Scope and Research Methodology
In order to comprehensively study the Radio-Frequency Identification (RFID) Market, a research methodology is carried out by defining the scope of the market, including its segments, applications, and geographical regions. This research methodology gives strategic recommendations based on comprehensive insight into the market dynamics, opportunities, and challenges regarding the Radio-Frequency Identification Market
Radio-Frequency Identification Market Dynamics
Increasing demand for enhanced inventory and supply chain management across various industries to boost Market Growth. RFID technology utilizes radio frequency signals to share unique identity information about objects, offering unparalleled accuracy and efficiency in tracking. The Radio-Frequency Identification Market is poised for substantial growth driven by the increasing demand for advanced inventory and supply chain management solutions across diverse industries.
Sample Request Link: https://www.maximizemarketresearch.com/request-sample/8415/
Radio-Frequency Identification Market Regional analysis
North America dominated the Radio-Frequency Identification Market in 2023. The vast and diverse market in North America, encompassing industries such as retail, healthcare, logistics, and manufacturing, has contributed to the widespread adoption of RFID technology. North American businesses have made significant investments in the Radio-Frequency Identification Market, acknowledging its potential to foster operational excellence and achieve cost savings. Asia Pacific is the fastest-growing region for the Radio-Frequency Identification Market. Asia-Pacific is a global manufacturing hub, with countries such as China, Japan, South Korea, and others playing a pivotal role in various industries.
Radio-Frequency Identification Market Segmentation
By Product Type:
• Tags
• Readers
• Software & Services
By Application:
• Assets, Inventory, and Parts Tracking
• Fleet Management
• Pharmaceuticals
• Others
By Frequency:
• Low Frequency
• High Frequency
• Ultra-High Frequency
By End-User Industry:
• Commercial
• Animal Tracking
• Transportation
• Agriculture Security and Access Control
• Healthcare
• Retail
• Logistics and Supply Chain
• Others By Material
Sample Request Link: https://www.maximizemarketresearch.com/request-sample/8415/
Radio-Frequency Identification Market's Key Players include
• Kronegger GmbH (Styria, Austria)
• Dorset Identification (Gelderland, Netherlands)
• FEIG ELECTRONIC GmbH (Hessen, Germany
• Neosid Pemetzrieder GmbH & Co. KG (Nordrhein-Westfalen, Germany)
• Microsensys GmbH (Thuringia, Germany)
• ams-OSRAM AG (Styria, Austria) 8. BERNSTEIN (Germany)
• K. A. Schmersal GmbH & Co. KG (Wuppertal, Germany)
• ReeR S.p.A. (Torino, Italy)
• COMITRONIC BTI (Nouvelle-Aquitaine, France)
To Get More: https://www.maximizemarketresearch.com/market-report/global-rfid-market/8415/
Key questions answered in the Radio-Frequency Identification Market are
• What is the growth rate of the Radio-Frequency Identification Market?
• Which region is expected to dominate the Radio-Frequency Identification Market?
• What is the expected Radio-Frequency Identification Market size by 2030?
• Which are the top players in the Radio-Frequency Identification Market?
• What are the factors driving the Radio-Frequency Identification Market growth?
• Which country held the largest Radio-Frequency Identification Market share in 2023?
Key offerings
• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Recommendations
Maximize Market Research is leading IT Technology and Telecommunication research firm, has also published the following reports:
Digital Experience Technology Market is expected to reach US $ 29.19 Bn by 2029, at a CAGR of 23.60% during the forecast period.
Mobile Cloud Market size was valued at US$ 160.14 Bn. in 2023 and the total revenue is expected to grow at 34.1% of CAGR from 2024 to 2030, reaching nearly US$ 1248.84 Bn.
Contact Maximize Market Research:
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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