RFID Market Set to Reach USD 29.06 Billion by 2030, Driven by Retail Adoption and Supply Chain Needs

Mordor Intelligence has published a new report on the RFID Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

RFID Market Overview
The global RFID market is projected to grow from USD 16.73 billion in 2025 to USD 29.06 billion by 2030, reflecting a CAGR of 11.68% during the forecast period, according to a Mordor Intelligence report. The technology, long used in inventory tracking and logistics, is now seeing broader application across sectors such as retail, healthcare, and manufacturing. As costs continue to decline and integration with existing IT systems improves, RFID is increasingly being adopted as a foundational element for operational transparency and automation.

From inventory management to patient safety in hospitals, the technology is helping organizations reduce losses, improve efficiency, and meet growing expectations for visibility and control. With major retail chains mandating RFID adoption and healthcare providers investing in asset tracking, the market is expected to see strong growth in both developed and emerging regions.

Report Overview: https://www.mordorintelligence.com/industry-reports/global-rfid-market?utm_source=openpr

RFID Market Key Trends
Rising Adoption in Retail for Inventory Accuracy
Major retailers are using RFID to enable real-time inventory tracking, reduce shrinkage, and improve shelf availability. The push toward omnichannel fulfillment and in-store automation is driving widespread deployment of item-level RFID tagging.

Healthcare Sector Embracing RFID for Asset and Patient Tracking
Hospitals and pharmaceutical companies are implementing RFID to manage medical equipment, monitor drug inventories, and enhance patient safety. The technology helps reduce errors, ensure compliance, and improve efficiency in healthcare operations.

Cost Decline in RFID Tags Supporting Mass Adoption
Falling prices of passive RFID tags are making it feasible for organizations to tag more individual items. This cost reduction is encouraging large-scale deployments in consumer goods, logistics, and manufacturing sectors.

Active RFID and RTLS Gaining Momentum in High-Value Asset Tracking
Industries such as automotive, aerospace, and data centers are using active RFID and Real-Time Location Systems (RTLS) to monitor critical equipment and assets in real-time over extended ranges.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/global-rfid-market?utm_source=openpr


RFID Market Segmentation:
By Technology

RFID Tags

RFID Interrogators

RFID Software/Services

Active RFID / Real-Time Location Systems (RTLS)

By Application

Retail

Healthcare and Medical

Passenger Transport / Automotive

Manufacturing

Consumer Products

Other Applications

By Geography

North America

Europe

Asia Pacific

Latin America

Middle East and Africa


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Key Players
Avery Dennison Corporation: A leading manufacturer of RFID inlays and labels, Avery Dennison serves major retail and logistics clients with scalable item-level tagging solutions.

Alien Technology Corporation: Specializes in UHF RFID tags, readers, and chips, with a strong focus on supply chain and item-level inventory tracking.

William Frick & Company: Provides customized RFID tags and industrial labeling solutions, particularly for harsh environments in utilities, transportation, and logistics.

Invengo Technology Pte Ltd.: A global RFID hardware provider headquartered in Asia, offering tags, readers, and antenna systems for libraries, logistics, and healthcare sectors.

CCL Industries Inc.: A major player in specialty label and packaging solutions, including RFID-enabled labels used across retail, manufacturing, and logistics applications.


Conclusion
The RFID market is steadily expanding as businesses seek more efficient ways to track inventory, manage assets, and streamline operations. With increasing adoption across retail, healthcare, manufacturing, and transportation, RFID is becoming a critical part of digital infrastructure in both developed and emerging markets. Declining tag costs, improved software integration, and the shift toward automation are all contributing to the technology's broader use. As regions like Asia-Pacific drive rapid growth and new applications continue to emerge, the RFID market is set to play a central role in shaping smarter, more responsive supply chains and operational systems globally.

Industry Related Reports
Chipless RFID Market:

The Chipless RFID Market is Segmented by Product Type (Tag, Reader, Middleware), Application (Smart Cards, Smart Tickets, Asset Management, Other Applications), End-user Industry (Retail, Healthcare, Logistics and Transportation, BFSI, Other End-user Industries), and Geography.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/global-chipless-rfid-market-industry?utm_source=openpr

RFID - Investment Opportunities in APAC:

The Asia-Pacific RFID Market is segmented by Product (RFID Tags, Readers, Printers, Antennas, RFID Software, and Middleware Services), Application (Retail & Consumer Goods, Asset Tracking, Banking and Finance, Automotive, Manufacturing, Healthcare & Medical, Other Applications). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/rfid-in-asia-pacific-investment-opportunites?utm_source=openpr

RFID Healthcare Market:

The Report Covers Global RFID Technology in Healthcare Market and it is Segmented by Product (Tags & Labels and RFID Systems (Asset Tracking Systems, Patient Tracking Systems, Pharmaceutical Tracking Systems, and Blood Monitoring Systems), End-user (Hospitals and Pharmaceuticals), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/rfid-market-in-healthcare?utm_source=openpr

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This release was published on openPR.