Press release
Smart Tag Market: Revolutionizing Asset Tracking and Inventory Management
Smart Tag Market SizeThe global Smart Tag market was valued at US$ 9379 million in 2023 and is anticipated to reach US$ 26280 million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.
A Smart Tag or smart label is an item identification slip that contains more advanced technologies than conventional bar code data. The most common enhancements in smart labels are EAS Labels, RFID Labels, Sensing Labels, Electronic Shelf Labels, NFC Tags, etc.
North American market for Smart Tag is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
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Asia-Pacific market for Smart Tag is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Smart Tag include Checkpoint Systems (CCL), Avery Dennison, Sato Holdings Corporation, Tyco Sensormatic, Smartrac (Linxens), SES (imagotag), Zebra, Fujitsu and Honeywell, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Tag, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Tag.
Key Companies:
• Fujitsu
• Honeywell
• TAG Company
• Paragon ID
• Century
• Pricer
• Alien Technology
• Invengo Information Technology
• Multi-Color Corporation
• Samsung
By Application
• Automotive
• Healthcare & Pharmaceutical
• Logistic
• Retail
• Manufacturing
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