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RFID technology enables automatic identification and tracking of items in real-time, providing a comprehensive and accurate view of the entire supply chain. RFID technology allows for real-time tracking of inventory movements, reducing the likelihood of errors associated with manual data entry. This leads to more accurate inventory levels and helps organizations optimize their stock levels, minimizing both excess and insufficient stock situations. The automation and efficiency introduced by RFID systems can lead to significant cost savings in the supply chain.  <br />  </p> <p style=font-size:18px style="text-align:center"><img alt="RFID Market" src="https://cdn.gminsights.com/image/rd/electronics-and-media/rfid-market-2025-2034.webp" title="RFID Market Research Report" /></p> <p style=font-size:18px>RFID labels apply to individual drug packages or containers, healthcare providers (HCPs) can actively monitor information in real-time, such as expiration dates, recalls, and stock levels. Automated RFID systems can alert HCPs when drugs are nearing expiration, ensuring timely removal and replacement. This proactive approach reduces medication errors and enhances patient safety by preventing the administration of expired or recalled products. Moreover, RFID-enabled inventory management systems optimize stock levels, enabling organizations to maintain adequate supplies while minimizing waste and avoiding stock outs.<br />  </p> <p style=font-size:18px>Key players in the RFID industry should partner with pharmaceutical distributors to develop a blockchain-based RFID platform for end-to-end drug traceability, ensuring regulatory compliance, reducing counterfeits, and optimizing inventory across hospitals and pharmacies.<br />  </p> <h2 id="marketTrends" style=font-size:18px;line-height:normal;margin-bottom:15px>RFID Market Trends</h2> <ul> <li style=font-size:18px>One of the key trends in the RFID industry is advanced patient monitoring systems, driving the adoption of RFID. RFID technology is employed to develop advanced patient monitoring systems, particularly in the field of eldercare and chronic disease management. Wearable RFID tags can transmit vital signs and patient data to HCPs, enabling remote monitoring and timely interventions. This technology improves the quality of care and allows patients to maintain their independence while receiving appropriate medical attention.<br />  </li> <li style=font-size:18px>The adoption of RFID for enhanced supply chain management is another major trend supporting the growth of RFID market. RFID technology is impacting the pharma supply chain by offering real- time visibility and traceability. Medication containers with RFID-embedded labels enable precise inventory management, reduce errors and theft, and prevent counterfeiting and diversion. This level of transparency allows companies to track drugs from the manufacturing facility to the patient’s bedside, ensuring authenticity, reducing waste, and improving patient safety.<br />  </li> </ul> <h2 id="marketAnalysis" style=font-size:18px;line-height:normal;margin-bottom:15px>RFID Market Analysis</h2> <div class="sum-img"><img alt="Global RFID Market Size, By System, 2021-2034 (USD Billion)" src="https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-size-by-system-2025-2034.webp" title="Global RFID Market Size, By System, 2021-2034 (USD Billion)" /></div> <p style=font-size:18px>Based on the system, the active RFID system market crossed USD 7 billion in 2023. RFID system using wireless communication that enables transferring data between RF Tags that are attached to objects and antenna. RFID systems are used for supply chain tracking, asset tracking, retail and point of sale (POS), access control and security and livestock tracking.<br />  </p> <ul> <li style=font-size:18px>The passive RFID system market reached USD 7.4 billion in 2022. Passive RFID tags rely on the energy received from the RFID reader and its antenna for power. When the RFID reader scans the area for RFID tags, it sends out an electrical signal, which is converted into electromagnetic RF energy by the RFID antenna, and that energy is used to power the RFID tags in the read area.<br />  </li> </ul> <div class="sum-img"><img alt="Global RFID Market Share, By Component, 2024" src="https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-share-by-component-2025-2034.webp" title="Global RFID Market Share, By Component, 2024" /></div> <p style=font-size:18px>Based on components, the market is divided into tags, antennas, readers, and middleware. RFID tags are small electronic devices that store information and RFID antennas are used for transmitting and receiving radio frequency signals that interact with RFID tags.<br />  </p> <ul> <li style=font-size:18px>The tags market accounted for over 41.4% share of the RFID market in 2024. RFID tags are small electronic devices that store information and communicate with other devices using radio waves. RFID tags are used in a variety of applications, from tracking inventory to monitoring the movements of livestock.<br />  </li> <li style=font-size:18px>The antennas market captured more than 7.9% share of the global RFID industry in 2024. RFID antennas are an extensive of RFID readers. They are responsible for transmitting and receiving radio frequency signals that interact with RFID tags. In the case of RFID handheld and some all-in-one devices, the RFID antenna(s) is encased in the same structure.<br />  </li> <li style=font-size:18px>The reader’s market dominated 16.7% of the revenue share in 2024. The RFID reader is a network-connected device that can be portable or permanently attached. It uses radio waves to transmit signals that activate the tag. Once activated, the tag sends a wave back to the antenna, where it is translated into data.<br />  </li> <li style=font-size:18px>The middleware market held about 34% share in 2024. RFID Middleware is a radio frequency identification (RFID) software, that sits between the readers and the enterprise/business applications. The middleware has several functions and plays a major role in RFID system operation and management.<br />  </li> </ul> <p style=font-size:18px>Based on applications, the market is segmented into retail, financial services, healthcare, industrial, government, others. The rapid shift towards generating real-time results for stock taking transactions, inventory levels are the major factors contributing to the growth of the RFID market.<br />  </p> <ul> <li style=font-size:18px>The retail market was worth over USD 5.4 billion in 2024.  RFID in retail involves the placement of RFID tags on items that emit signals to RFID readers which are then processed by software, generating real-time results for stock taking, transactions, inventory levels, or individual customer purchase order history.<br />  </li> <li style=font-size:18px>The financial services market size surpassed USD 3.9 billion in 2023. RFID technology in banks and financial institutions is a fundamental option for identity verification, identity theft protection, biometric authentication, and more. These solutions confirm top-notch security and facilitate customers in protecting their money and investments and allow banks and financial institutions to secure their assets and inventory. Additionally, RFID technology is boosting the productivity of banks and financial institutions by automating several processes.<br />  </li> <li style=font-size:18px>The healthcare market accounted for USD 2.8 billion in 2022. RFID-enabled medication inventory tracking enables hospitals to spot timely medication shortages and expiration, prevent theft, and ensure the intended use of medication. Additionally, RFID tracking helps medical staff to pinpoint the location of any patient in the hospital to ensure their safety and sustain the care process. Patient tracking is especially relevant in neonatal units, pediatric departments, mental health facilities, or for tracking geriatric patients.<br />  </li> <li style=font-size:18px>The industrial market accounted for USD 1.7 billion in 2023. For example, Pepperl+Fuchs offers industrial RFID solutions for identification applications in factory automation creates seamless transparency when detecting large quantities of RFID tags. The cost-effective system is based on powerful, standardized UHF RFID technology (ISO 18000-63 and EPC Class 1 Gen 2) and is specially optimized for use in logistics applications, such as tracking incoming and outgoing goods.<br />  </li> <li style=font-size:18px>The government market accounted for USD 1.1 billion in 2024. Government organizations are increasingly turning to RFID (Radio Frequency Identification) technology to streamline their asset-tracking processes. RFID offers a sophisticated solution for tracking assets efficiently and securely.<br />  </li> </ul> <div class="sum-img"><img alt="U.S. RFID Market Size, 2021-2034 (USD Billion)" src="https://cdn.gminsights.com/image/rd/electronics-and-media/u.s.-rfid-market-size-2025-2034.webp" title="U.S. RFID Market Size, 2021-2034 (USD Billion)" /></div> <p style=font-size:18px>In 2024, North America accounted for over 33.4% of the global RFID market. The large share of this market is attributed to enabling data to be stored electronically in chips embedded in identification documents.<br />  </p> <ul> <li style=font-size:18px>In 2024, the U.S. market for RFID accounted for USD 3.9 billion, driven by enabling data to be stored electronically in chips embedded in identification documents and shared quickly in digital format by law enforcement personnel.<br />  </li> <li style=font-size:18px>The Canada RFID market is expected to reach USD 4.8 billion by 2034. The market for Canada RFID is driven by factors such as strong energy efficiency regulations, streamline, security in RFID systems. The technology has been an instant success in for the Canada Border Services Agency, and that’s because it has been able to better secure the border, while making it more efficient.<br />  </li> </ul> <p style=font-size:18px>In 2024, Europe accounted for 23.5% of the global RFID market. Factors supporting growth of RFID in Europe are established automotive manufacturing hub with industry leading research development pioneers in RFID R&D projects, access control, cashless payments, and visitor identification, Spanish resorts, theme parks and more.<br />  </p> <ul> <li style=font-size:18px>The Germany RFID market is expected to reach USD 2.9 billion by 2034. Germany holds one of the leading positions in RFID technology development in Europe. In Germany, sales of RFID systems more than doubled in the last five years. RFID is forecast to further penetrate the supply chain and manufacturing industries to fulfil process optimization and product tracking needs. Germany has several best practices for RFID implementation. The country is leading in RFID R&D projects in Europe, e.g. Siemens is the top German RFID patenting company.<br />  </li> <li style=font-size:18px>The UK RFID market is expected to grow at a CAGR of 13.5% during the forecast period. RFID R&D is well developed in the UK, being the second leading country in Europe in terms of R&D projects. The UK is strong in RFID system implementation for after sales-product identification. Land Rover and New Look are some of the case studies in the UK. Logistics and consumer retail are expected to undergo significant growth in RFID system use.<br />  </li> <li style=font-size:18px>France RFID market is expected to grow at a CAGR of 14.5% from 2025 to 2034. France has a strong presence of technology for reusable containers. For example, McDonald’s France will use RFID technology for reusable containers. McDonald’s is working with global RFID and RF security solutions company Checkpoint Systems to find a solution. Checkpoint Systems pioneered one of the first-ever food-safe, water and heat-resistant RFID solutions.<br />  </li> <li style=font-size:18px>Italy RFID market is expected to reach USD 1.1 billion by 2034. The market for RFID in Italy is driven by the adoption of RFID systems which greatly improved public transport efficiency, offering greater convenience to passengers and reducing the use of paper tickets. These integrated systems have positively impacted urban mobility, simplified payments and encouraging the use of public transport.<br />  </li> <li style=font-size:18px>Spain RFID market is projected to reach USD 756.7 million by 2034. The growth of RFID in Spain is attributed to the factors such as access control, cashless payments, and visitor identification, Spanish resorts, theme parks, festivals, and events frequently use RFID wristbands, cards, and tickets. RFID simplifies operations, boosts security, and improves visitor experience in the travel industry. Spain's RFID Industry is seeing the rise of new applications in industries outside of traditional ones, such as manufacturing, transportation, healthcare, and smart cities is also supporting market growth.<br />  </li> </ul> <p style=font-size:18px>In 2024, Asia Pacific accounted for a share of 31% of the global RFID market. The presence of leading automotive manufacturers and automation in the retail industry with Radio-Frequency Identification (RFID) technology are supporting the market growth in the region.<br />  </p> <ul> <li style=font-size:18px>The China RFID market is expected to grow at a CAGR of 13.6% during the forecast period. China has one of the major automotive manufacturers base that is supporting the market expansion. RFID has been successfully applied in the China Railway Automatic Train Identification System since 1999. It has been widely used in many railway bureaus, and more than 30,000 locomotives and 600,000 carriages have been installed with RFID tags.<br />  </li> <li style=font-size:18px>Japan is expected to account for a share of 13.8% of the RFID market in 2024, of Asia Pacific. The Ministry of Economy, Trade and Industry (METI) launched a project to promote automation in retail industry with Radio-Frequency Identification (RFID) technology. RIFD uses electromagnetic fields to identify and track tags attached to objects automatically. RFID is superior to barcode, because it does not require the tag to be within the line of sight of the scanner.<br />  </li> <li style=font-size:18px>South Korea RFID market is expected to grow at a CAGR of 15.6% during the forecast period. RFID Increases the Security of Bicycles in South Korea. The Bicycle Guardian Solution has helped to reduce the number of bicycle thefts in the Yangcheon district of Seoul. Bicycle owners can now track and locate their bicycles in the event of theft with the support of the local police.<br />  </li> <li style=font-size:18px>RFID market in India is expected to grow at a highest CAGR of 17.9% during the forecast period. RFID technology in India was primarily used for applications such as access control, asset tracking, and inventory management. However, with the advancement of technology and the decreasing cost of RFID readers and tags, the scope of RFID in India has expanded dramatically.<br />  </li> <li style=font-size:18px>RFID market in ANZ is expected to grow at a CAGR of 16% during the forecast period. A B Graphic International (ABG) is expanding its RFID converting portfolio to meet the rising demand for asset tracking. Distributed by Currie Group, its RFID equipment is now more accessible in Australia and New Zealand, enabling seamless RFID tag integration for enhanced efficiency and accuracy.<br />  </li> </ul> <p style=font-size:18px>In 2024, Latin America accounted for a share of 4.1% of the global RFID market. The high adoption of RFID in agribusiness is a major factor growth of RFID in the region.<br />  </p> <ul> <li style=font-size:18px>Brazil market is expected to grow at a CAGR of 8.3% during the forecast period. The initial use of the RFID devices is for cattle identification in Brazil’s thriving agribusiness market, and efforts are under way to expand the technology into all areas of livestock tracking and to other industries that require tracking.<br />  </li> <li style=font-size:18px>Mexico RFID market is expected to grow at a CAGR of 9% during the forecast period. The growth of ambient light market in Mexico is attributed to implementing RFID tags on livestock to monitor animal health, track movements, and manage herds efficiently. This technology enhanced disease prevention, reduced loss, and optimized breeding programs.<br />  </li> </ul> <p style=font-size:18px>In 2024, the Middle East and Africa accounted for a share of 7.9% of the global RFID market. The increased push towards sustainability and energy efficiency and government buildings, and transport to improve security are major factors driving market growth.<br />  </p> <ul> <li style=font-size:18px>In 2024, UAE accounted for a share of 20.5% of the Middle East & Africa RFID industry. RFID access control systems are important for the UAE's fast growth and smart cities. They are used in offices, homes, government buildings, and transport to improve security, manage access easily, and support modern infrastructure.<br />  </li> <li style=font-size:18px>Saudi Arabia RFID market is expected to grow at a CAGR of 5.3% during the forecast period. RFID tag reader Saudi Arabia is not only used for communication but can be used for tracking objects too. Due to their efficiency and data resource management, RFIDs are wildly used in various industries throughout Saudi Arabia. Since these have major advantages over Barcodes, many companies have started incorporating RFIDs in production and sales to keep a check on inventory.<br />  </li> <li style=font-size:18px>South Africa market will reach USD 289.9 million by 2034. The growing adoption of RFID in digital signages in retail and advertising sector is driving the market growth in South Africa during the forecast period.<br />  </li> </ul> <h2 id="marketShare" style=font-size:18px;line-height:normal;margin-bottom:15px>RFID Market Share</h2> <p style=font-size:18px>The RFID industry is competitive and highly fragmented with the presence of established global players as well as local players and startups. The top 5 companies in the global ambient light market are NXP Semiconductors, Zebra Technologies Corporation, Impinj, Inc., HID Global Corporation, Avery Dennison Corporation, collectively accounting for a share of 28.6%. These companies are competing in the market by offering more flexibility and efficiency in tracking operations. For instance, In November 2024, MASS Group expanded its capabilities by integrating Zebra Technologies FX9600 and FX7500 fixed readers, strengthening its RFID and asset tracking solutions. This move allows the company to offer both handheld and fixed hardware, giving clients more flexibility and efficiency in tracking operations. By broadening its product range, MASS Group positions itself as a more comprehensive provider, catering to businesses that need scalable, real-time tracking solutions.<br />  </p> <p style=font-size:18px>New product launches are the most significant strategic development which key players in the market are adopting for augmenting their market share. Key RFID manufacturers are increasingly launching new products for proliferation in consumer product companies and pharmaceuticals sectors. For instance, in November 2024, Global labelling company multi-color Corporation (MCC), expanded its capacity for RFID tag production with the acquisition of Starport Technologies. MCC’s new acquisition is intended to help meet the growing demand for RFID enabled labels by consumer product companies, as well as pharmaceuticals and makers of products that require inventory visibility, according to company officials.<br />  </p> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>RFID Market Companies</h2> <p style=font-size:18px>The top 5 companies operating in the RFID industry are:</p> <ul> <li style=font-size:18px>NXP Semiconductors</li> <li style=font-size:18px>Zebra Technologies Corporation</li> <li style=font-size:18px>Impinj, Inc.</li> <li style=font-size:18px>HID Global Corporation</li> <li style=font-size:18px>Avery Dennison Corporation<br />  </li> </ul> <p style=font-size:18px>NXP dominates the RFID industry through its comprehensive portfolio of RFID ICs and solutions. Their MIFARE product line is the standard of industry for contactless smart cards and ticketing systems, used in over 750 cities worldwide. Their UCODE product family serves retail, logistics, and industrial applications with high-performance UHF RFID chips. NXP's NTAG series is widely used in NFC applications, enabling consumer engagement and product authentication. Their automotive RFID solutions, including key fobs and immobilizers, are used by major car manufacturers globally.<br />  </p> <p style=font-size:18px>Zebra Technologies leads through its end-to-end RFID hardware and software solutions. Their RFID printer/encoders, like the ZT600 and ZQ600 series, are industry standards for producing RFID labels on a scale. The FX series fixes RFID readers, and MC33XX series handheld RFID readers are widely deployed in warehouse management and retail inventory tracking. Their AtlasRFID platform provides comprehensive RFID asset tracking solutions.<br />  </p> <p style=font-size:18px>Impinj established itself through specialization in RAIN RFID technology. Their Monza RFID chips are widely used in retail and supply chain applications, known for superior performance and reliability. The Speedway reader family provides high-performance fixed RFID reading capabilities, while their xArray and xSpan gateways enable overhead RFID tracking in retail and warehouse environments. Their Indy reader chips are used by many manufacturers to build their own RFID readers.<br />  </p> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>RFID Industry News</h2> <ul> <li style=font-size:18px>In January 2024, Zebra Technologies introduced the FXR90 ultra-rugged fixed RFID reader at the NRF 2024 event. This new device is designed to enhance visibility in high-volume and rugged environments, supporting various applications in retail and supply chain management.<br />  </li> <li style=font-size:18px>In February 2024, CAEN RFID S.r.l., in collaboration with IRADETS from Istanbul expanded its geographical presence by launching CAEN RFID products in Georgia and Azerbaijan. This expansion enables CAEN to explore new markets and support system integrators in the region, providing advanced RFID solutions to enhance operational efficiency.<br />  </li> </ul> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>This RFID market research report includes in-depth coverage of the industry <u>with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2034,</u> </u>for the following segments: <p class="download-link-button secdata reportViewClickHereButton" style="font-weight:normal;font-size:18px;"><span id="sectional_purchase" style="color: #1585cf; cursor: pointer; font-weight: bold;" >Click here</span> to Buy Section of this Report</p></h2> <p style=font-size:18px;color:#061524><strong>Market, By Component</strong></p> <ul> <li style=font-size:18px>Tags</li> <li style=font-size:18px>Antennas</li> <li style=font-size:18px>Readers</li> <li style=font-size:18px>Middleware</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By System</strong></p> <ul> <li style=font-size:18px>Active RFID System</li> <li style=font-size:18px>Passive RFID System</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Application</strong></p> <ul> <li style=font-size:18px>Retail</li> <li style=font-size:18px>Financial services</li> <li style=font-size:18px>Healthcare</li> <li style=font-size:18px>Industrial</li> <li style=font-size:18px>Government</li> <li style=font-size:18px>Others</li> </ul> <p style=font-size:18px;padding-left:15px><u>The above information is provided for the following regions and countries:</u></p> <ul> <li style=font-size:18px>North America <ul> <li style=font-size:18px>U.S.</li> <li style=font-size:18px>Canada</li> </ul> </li> <li style=font-size:18px>Europe <ul> <li style=font-size:18px>UK</li> <li style=font-size:18px>Germany</li> <li style=font-size:18px>France</li> <li style=font-size:18px>Italy</li> <li style=font-size:18px>Spain</li> <li style=font-size:18px>Russia</li> </ul> </li> <li style=font-size:18px>Asia Pacific <ul> <li style=font-size:18px>China</li> <li style=font-size:18px>India</li> <li style=font-size:18px>Japan</li> <li style=font-size:18px>South Korea</li> <li style=font-size:18px>ANZ </li> </ul> </li> <li style=font-size:18px>Latin America <ul> <li style=font-size:18px>Brazil</li> <li style=font-size:18px>Mexico </li> </ul> </li> <li style=font-size:18px>MEA <ul> <li style=font-size:18px>UAE</li> <li style=font-size:18px>Saudi Arabia</li> <li style=font-size:18px>South Africa</li> </ul> </li> </ul> <p style=font-size:18px> </p> </div></div><div class="d-flex align-items-center justify-content-end p-1 reportAuthorDiv"><span class="authorHeading">Authors: </span><span class="authorHeadingName">Suraj Gujar, Sandeep Ugale </span> </div><div class="pd_top_5"></div><div><div class="reportFaqDiv"><strong>Frequently Asked Question(FAQ) :</strong></div><div class="pd_top_5"></div><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0"><section class="faq_section type_two"><div class="block_faq"><div class="accordion p-0"><dl><div><dt class="reportFaqQuestionDiv faq_header active p-2 pd_right_40 m-1 text-decoration-underline">How much RFID market share captured by North America in 2024?<span class="icon-plus-1" style="display:inline-block;transform:rotate(135deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:block;background-color:#fff;border:none"><div>The North America RFID market held around 33.4% share in 2024.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">Who are the key players in RFID market?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>Some of the major players in the RFID industry include 3M Company, Alien Technology, Avery Dennison Corporation, CAEN RFID, Checkpoint Systems, Datalogic S.p.A., HID Global Corporation, Impinj, Inc., Invengo Technology Pte. Ltd., Mojix, Inc., NXP Semiconductors, and Smartrac N.V.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">How big is the RFID market?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The RFID market was valued at USD 16.8 billion in 2024 and is expected to reach around 54.5 billion by 2034, growing at 12.7% CAGR through 2034.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">What is the size of active RFID segment in the RFID industry?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The active RFID segment generated over 7 billion in 2023.</div></dd></div></dl></div></div></section></div><div class="reportmarketScopeHeading"><strong>RFID Market Scope</strong></div><div class="row reportMarketScopelist"><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>RFID Market Size</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>RFID Market Trends</div></div></li></ul></div><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>RFID Market Analysis</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>RFID Market Share</div></div></li></ul></div></div></div><div><div class="relatedReportsDiv"><strong>Related Reports</strong></div><div class="row reportMarketScopelist"><ul 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7px;}.css-1b9j51a::-moz-focus-inner{border-style:none;}.css-1b9j51a.Mui-disabled{pointer-events:none;cursor:default;}@media print{.css-1b9j51a{-webkit-print-color-adjust:exact;color-adjust:exact;}}.css-1b9j51a.Mui-checked{color:#1976d2;}.css-1b9j51a.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary Mui-checked MuiRadio-root MuiRadio-colorPrimary css-1b9j51a"><style data-emotion="css 1m9pwf3">.css-1m9pwf3{cursor:inherit;position:absolute;opacity:0;width:100%;height:100%;top:0;left:0;margin:0;padding:0;z-index:1;}</style><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" checked="" value="1"/><style data-emotion="css hyxlzm">.css-hyxlzm{position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}</style><span class="css-hyxlzm"><style data-emotion="css 41q668">.css-41q668{-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);}</style><style data-emotion="css q8lw68">.css-q8lw68{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><style data-emotion="css mblabm">.css-mblabm{left:0;position:absolute;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;transition:transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;}</style><style data-emotion="css 1u5ei5s">.css-1u5ei5s{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;left:0;position:absolute;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;transition:transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1u5ei5s" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><style data-emotion="css 9l3uo3">.css-9l3uo3{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:1rem;line-height:1.5;letter-spacing:0.00938em;}</style><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Single User: </span></label><span> <strong>$4,123 </strong> </span><span class="discountPricetext"><strong> $4,850 </strong></span><div class="discountBtnPriceDiv"><span>15% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary MuiRadio-root MuiRadio-colorPrimary css-1b9j51a"><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" value="2"/><span class="css-hyxlzm"><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><style data-emotion="css uxultc">.css-uxultc{left:0;position:absolute;-webkit-transform:scale(0);-moz-transform:scale(0);-ms-transform:scale(0);transform:scale(0);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;transition:transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;}</style><style data-emotion="css 1c4tzn">.css-1c4tzn{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;left:0;position:absolute;-webkit-transform:scale(0);-moz-transform:scale(0);-ms-transform:scale(0);transform:scale(0);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;transition:transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1c4tzn" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Multi User: </span></label><span> <strong>$4,840 </strong> </span><span class="p-0 discountPricetext"><strong> $6,050 </strong></span><div class="discountBtnPriceDiv"><span>20% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><style data-emotion="css 19fcq5p">.css-19fcq5p{color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-19fcq5p.Mui-checked{color:#1976d2;}.css-19fcq5p.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css 3erxz8">.css-3erxz8{padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-3erxz8.Mui-checked{color:#1976d2;}.css-3erxz8.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css csppj7">.css-csppj7{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;position:relative;box-sizing:border-box;-webkit-tap-highlight-color:transparent;background-color:transparent;outline:0;border:0;margin:0;border-radius:0;padding:0;cursor:pointer;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;vertical-align:middle;-moz-appearance:none;-webkit-appearance:none;-webkit-text-decoration:none;text-decoration:none;color:inherit;padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-csppj7::-moz-focus-inner{border-style:none;}.css-csppj7.Mui-disabled{pointer-events:none;cursor:default;}@media print{.css-csppj7{-webkit-print-color-adjust:exact;color-adjust:exact;}}.css-csppj7.Mui-checked{color:#1976d2;}.css-csppj7.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary MuiRadio-root MuiRadio-colorPrimary css-csppj7"><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" value="3"/><span class="css-hyxlzm"><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1c4tzn" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Enterprise User: </span></label><span> <strong> $5,845 </strong> </span><span class="discountPricetext"><strong> $8,350 </strong></span><div class="discountBtnPriceDiv"><span>30% off</span></div></div></div></div><div class="pd_top_20"></div><div class="buynow-btn theme_btn_all color_one p-0 reportBuyNowBtn"><div class="theme-btn five m-0 btn btn-primary btn-block buynow-btn" id="buy_now"><i class="icon-shopping-cart"></i> Buy now</div></div><div></div><div class="reportPremiumDetaislDiv"><div class="pd_bottom_10"></div><div><div style="font-size:17px;font-weight:bold;margin-bottom:9px;color:#000">Premium Report Details</div><div class="p-1"><p style="font-size:18px;margin-bottom:5px;color:#000">Base Year: 2024</p><div><p style="font-size:18px;margin-bottom:5px;color:#000">Companies covered: 15</p><p style="font-size:18px;margin-bottom:5px;color:#000">Tables & Figures: 290</p><p style="font-size:18px;margin-bottom:5px;color:#000">Countries covered: 18</p></div><p style="font-size:18px;margin-bottom:5px;color:#000">Pages: 190</p></div><div style="margin-right:7px !important;cursor:pointer;font-size:17px;text-transform:capitalize;background-color:#B93E02;border-radius:3px;width:98%;height:40px;display:flex;justify-content:center;align-items:center;border:none" class=" req-saml mr_top_5 btn btn-secondary btn-block" id="side_sample"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" id="side_sample" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M216 0h80c13.3 0 24 10.7 24 24v168h87.7c17.8 0 26.7 21.5 14.1 34.1L269.7 378.3c-7.5 7.5-19.8 7.5-27.3 0L90.1 226.1c-12.6-12.6-3.7-34.1 14.1-34.1H192V24c0-13.3 10.7-24 24-24zm296 376v112c0 13.3-10.7 24-24 24H24c-13.3 0-24-10.7-24-24V376c0-13.3 10.7-24 24-24h146.7l49 49c20.1 20.1 52.5 20.1 72.6 0l49-49H488c13.3 0 24 10.7 24 24zm-124 88c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20zm64 0c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20z"></path></svg> <p id="side_sample" style="margin:0px 0px 0px 4px;padding:0px;font-weight:400">Download Free PDF</p></div></div></div></div></div></div><div class="ResponsiveContainerDesk"><div class="row " style="display:none"><div class="price_plan_box style_one p-3" style="border:1px solid #dfdfdf;background-color:#ededef;box-shadow:none;border-radius:0"><div class="pd_bottom_10"></div><div><h6 style="font-size:18px;margin-bottom:9px">Premium Report Details</h6><div class="p-1"><p style="font-size:18px;margin-bottom:5px">Base Year: 2024</p><div><p style="font-size:18px;margin-bottom:5px">Companies covered: 15</p><p style="font-size:18px;margin-bottom:5px">Tables & Figures: 290</p><p style="font-size:18px;margin-bottom:5px">Countries covered: 18</p></div><p style="font-size:18px;margin-bottom:5px">Pages: 190</p></div><div style="border-radius:3px;cursor:pointer;font-size:17px;text-transform:capitalize;background-color:#B93E02;width:100%;height:40px;display:flex;justify-content:center;align-items:center" class="req-saml theme-btn five mr_top_5 " id="side_sample"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" id="side_sample" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M216 0h80c13.3 0 24 10.7 24 24v168h87.7c17.8 0 26.7 21.5 14.1 34.1L269.7 378.3c-7.5 7.5-19.8 7.5-27.3 0L90.1 226.1c-12.6-12.6-3.7-34.1 14.1-34.1H192V24c0-13.3 10.7-24 24-24zm296 376v112c0 13.3-10.7 24-24 24H24c-13.3 0-24-10.7-24-24V376c0-13.3 10.7-24 24-24h146.7l49 49c20.1 20.1 52.5 20.1 72.6 0l49-49H488c13.3 0 24 10.7 24 24zm-124 88c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20zm64 0c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20z"></path></svg> <p id="side_sample" style="margin:0px 0px 0px 4px;padding:0px;font-weight:400">Download Free PDF</p></div></div></div></div></div><div class="pd_top_20"></div></div></div></div></div><section class="client-section bg_dark_2 mainFooter"><div><a href="#"><div class="backToTopButton">Top</div></a></div><div class="pd_top_40"></div><div class="row"><div class="col-lg-12"><div class="client_logo_carousel type_three"><div class="footerImgDiv"><div><div class="image p-2 firstImgDiv"><img src="https://cdn.gminsights.com/image/home/1.webp" alt="Global Market Insights" class="img-fluid" width="158" height="96"/></div></div><div><div class="pd_top_20"></div><div class="image p-2 secondImgDiv"><img src="https://cdn.gminsights.com/image/home/2new.webp" alt="ISO 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valued at USD 16.8 billion in 2024 and is estimated to grow at a CAGR of 12.7% from 2025 to 2034","full_desc":"\u003ch2\u003eRFID Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe global RFID market was valued at USD 16.8 billion in 2024 and is estimated to grow at a CAGR of 12.7% from 2025 to 2034, attributed to factors such as increasing demand for supply chain visibility and transparency and expansion in healthcare \u0026amp; pharmaceuticals.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOne key driver for the RFID (Radio-Frequency Identification) market is the increasing demand for supply chain visibility and efficiency. RFID technology enables automatic identification and tracking of items in real-time, providing a comprehensive and accurate view of the entire supply chain. RFID technology allows for real-time tracking of inventory movements, reducing the likelihood of errors associated with manual data entry. This leads to more accurate inventory levels and helps organizations optimize their stock levels, minimizing both excess and insufficient stock situations. The automation and efficiency introduced by RFID systems can lead to significant cost savings in the supply chain. \u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"RFID Market\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/rfid-market-2025-2034.webp\" title=\"RFID Market Research Report\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eRFID labels apply to individual drug packages or containers, healthcare providers (HCPs) can actively monitor information in real-time, such as expiration dates, recalls, and stock levels. Automated RFID systems can alert HCPs when drugs are nearing expiration, ensuring timely removal and replacement. This proactive approach reduces medication errors and enhances patient safety by preventing the administration of expired or recalled products. Moreover, RFID-enabled inventory management systems optimize stock levels, enabling organizations to maintain adequate supplies while minimizing waste and avoiding stock outs.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eKey players in the RFID industry should partner with pharmaceutical distributors to develop a blockchain-based RFID platform for end-to-end drug traceability, ensuring regulatory compliance, reducing counterfeits, and optimizing inventory across hospitals and pharmacies.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eRFID Market Trends\u003c/h2\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eOne of the key trends in the RFID industry is advanced patient monitoring systems, driving the adoption of RFID. RFID technology is employed to develop advanced patient monitoring systems, particularly in the field of eldercare and chronic disease management. Wearable RFID tags can transmit vital signs and patient data to HCPs, enabling remote monitoring and timely interventions. This technology improves the quality of care and allows patients to maintain their independence while receiving appropriate medical attention.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe adoption of RFID for enhanced supply chain management is another major trend supporting the growth of RFID market. RFID technology is impacting the pharma supply chain by offering real- time visibility and traceability. Medication containers with RFID-embedded labels enable precise inventory management, reduce errors and theft, and prevent counterfeiting and diversion. This level of transparency allows companies to track drugs from the manufacturing facility to the patient\u0026rsquo;s bedside, ensuring authenticity, reducing waste, and improving patient safety.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch2\u003eRFID Market Analysis\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Global RFID Market Size, By System, 2021-2034 (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-size-by-system-2025-2034.webp\" title=\"Global RFID Market Size, By System, 2021-2034 (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the system, the active RFID system market crossed USD 7 billion in 2023. RFID system using wireless communication that enables transferring data between RF Tags that are attached to objects and antenna. RFID systems are used for supply chain tracking, asset tracking, retail and point of sale (POS), access control and security and livestock tracking.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe passive RFID system market reached USD 7.4 billion in 2022. Passive RFID tags rely on the energy received from the RFID reader and its antenna for power. When the RFID reader scans the area for RFID tags, it sends out an electrical signal, which is converted into electromagnetic RF energy by the RFID antenna, and that energy is used to power the RFID tags in the read area.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Global RFID Market Share, By Component, 2024\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-share-by-component-2025-2034.webp\" title=\"Global RFID Market Share, By Component, 2024\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on components, the market is divided into tags, antennas, readers, and middleware. RFID tags are small electronic devices that store information and RFID antennas are used for transmitting and receiving radio frequency signals that interact with RFID tags.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe tags market accounted for over 41.4% share of the RFID market in 2024. RFID tags are small electronic devices that store information and communicate with other devices using radio waves. RFID tags are used in a variety of applications, from tracking inventory to monitoring the movements of livestock.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe antennas market captured more than 7.9% share of the global RFID industry in 2024. RFID antennas are an extensive of RFID readers. They are responsible for transmitting and receiving radio frequency signals that interact with RFID tags. In the case of RFID handheld and some all-in-one devices, the RFID antenna(s) is encased in the same structure.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe reader\u0026rsquo;s market dominated 16.7% of the revenue share in 2024. The RFID reader is a network-connected device that can be portable or permanently attached. It uses radio waves to transmit signals that activate the tag. Once activated, the tag sends a wave back to the antenna, where it is translated into data.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe middleware market held about 34% share in 2024. RFID Middleware is a radio frequency identification (RFID) software, that sits between the readers and the enterprise/business applications. The middleware has several functions and plays a major role in RFID system operation and management.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eBased on applications, the market is segmented into retail, financial services, healthcare, industrial, government, others. The rapid shift towards generating real-time results for stock taking transactions, inventory levels are the major factors contributing to the growth of the RFID market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe retail market was worth over USD 5.4 billion in 2024. \u0026nbsp;RFID in retail involves the placement of RFID tags on items that emit signals to RFID readers which are then processed by software, generating real-time results for stock taking, transactions, inventory levels, or individual customer purchase order history.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe financial services market size surpassed USD 3.9 billion in 2023. RFID technology in banks and financial institutions is a fundamental option for identity verification, identity theft protection, biometric authentication, and more. These solutions confirm top-notch security and facilitate customers in protecting their money and investments and allow banks and financial institutions to secure their assets and inventory. Additionally, RFID technology is boosting the productivity of banks and financial institutions by automating several processes.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe healthcare market accounted for USD 2.8 billion in 2022. RFID-enabled medication inventory tracking enables hospitals to spot timely medication shortages and expiration, prevent theft, and ensure the intended use of medication. Additionally, RFID tracking helps medical staff to pinpoint the location of any patient in the hospital to ensure their safety and sustain the care process. Patient tracking is especially relevant in neonatal units, pediatric departments, mental health facilities, or for tracking geriatric patients.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe industrial market accounted for USD 1.7 billion in 2023. For example, Pepperl+Fuchs offers industrial RFID solutions for identification applications in factory automation creates seamless transparency when detecting large quantities of RFID tags. The cost-effective system is based on powerful, standardized UHF RFID technology (ISO 18000-63 and EPC Class 1 Gen 2) and is specially optimized for use in logistics applications, such as tracking incoming and outgoing goods.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe government market accounted for USD 1.1 billion in 2024. Government organizations are increasingly turning to RFID (Radio Frequency Identification) technology to streamline their asset-tracking processes. RFID offers a sophisticated solution for tracking assets efficiently and securely.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"U.S. RFID Market Size, 2021-2034 (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/u.s.-rfid-market-size-2025-2034.webp\" title=\"U.S. RFID Market Size, 2021-2034 (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eIn 2024, North America accounted for over 33.4% of the global RFID market. The large share of this market is attributed to enabling data to be stored electronically in chips embedded in identification documents.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn 2024, the U.S. market for RFID accounted for USD 3.9 billion, driven by enabling data to be stored electronically in chips embedded in identification documents and shared quickly in digital format by law enforcement personnel.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe Canada RFID market is expected to reach USD 4.8 billion by 2034. The market for Canada RFID is driven by factors such as strong energy efficiency regulations, streamline, security in RFID systems. The technology has been an instant success in for the Canada Border Services Agency, and that\u0026rsquo;s because it has been able to better secure the border, while making it more efficient.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Europe accounted for 23.5% of the global RFID market. Factors supporting growth of RFID in Europe are established automotive manufacturing hub with industry leading research development pioneers in RFID R\u0026amp;D projects, access control, cashless payments, and visitor identification, Spanish resorts, theme parks and more.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe Germany RFID market is expected to reach USD 2.9 billion by 2034. Germany holds one of the leading positions in RFID technology development in Europe. In Germany, sales of RFID systems more than doubled in the last five years. RFID is forecast to further penetrate the supply chain and manufacturing industries to fulfil process optimization and product tracking needs. Germany has several best practices for RFID implementation. The country is leading in RFID R\u0026amp;D projects in Europe, e.g. Siemens is the top German RFID patenting company.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe UK RFID market is expected to grow at a CAGR of 13.5% during the forecast period. RFID R\u0026amp;D is well developed in the UK, being the second leading country in Europe in terms of R\u0026amp;D projects. The UK is strong in RFID system implementation for after sales-product identification. Land Rover and New Look are some of the case studies in the UK. Logistics and consumer retail are expected to undergo significant growth in RFID system use.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eFrance RFID market is expected to grow at a CAGR of 14.5% from 2025 to 2034. France has a strong presence of technology for reusable containers. For example, McDonald\u0026rsquo;s France will use RFID technology for reusable containers. McDonald\u0026rsquo;s is working with global RFID and RF security solutions company Checkpoint Systems to find a solution. Checkpoint Systems pioneered one of the first-ever food-safe, water and heat-resistant RFID solutions.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eItaly RFID market is expected to reach USD 1.1 billion by 2034. The market for RFID in Italy is driven by the adoption of RFID systems which greatly improved public transport efficiency, offering greater convenience to passengers and reducing the use of paper tickets. These integrated systems have positively impacted urban mobility, simplified payments and encouraging the use of public transport.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSpain RFID market is projected to reach USD 756.7 million by 2034. The growth of RFID in Spain is attributed to the factors such as access control, cashless payments, and visitor identification, Spanish resorts, theme parks, festivals, and events frequently use RFID wristbands, cards, and tickets. RFID simplifies operations, boosts security, and improves visitor experience in the travel industry. Spain\u0026#39;s RFID Industry is seeing the rise of new applications in industries outside of traditional ones, such as manufacturing, transportation, healthcare, and smart cities is also supporting market growth.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Asia Pacific accounted for a share of 31% of the global RFID market. The presence of leading automotive manufacturers and automation in the retail industry with Radio-Frequency Identification (RFID) technology are supporting the market growth in the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe China RFID market is expected to grow at a CAGR of 13.6% during the forecast period. China has one of the major automotive manufacturers base that is supporting the market expansion. RFID has been successfully applied in the China Railway Automatic Train Identification System since 1999. It has been widely used in many railway bureaus, and more than 30,000 locomotives and 600,000 carriages have been installed with RFID tags.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eJapan is expected to account for a share of 13.8% of the RFID market in 2024, of Asia Pacific. The Ministry of Economy, Trade and Industry (METI) launched a project to promote automation in retail industry with Radio-Frequency Identification (RFID) technology. RIFD uses electromagnetic fields to identify and track tags attached to objects automatically. RFID is superior to barcode, because it does not require the tag to be within the line of sight of the scanner.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSouth Korea RFID market is expected to grow at a CAGR of 15.6% during the forecast period. RFID Increases the Security of Bicycles in South Korea. The Bicycle Guardian Solution has helped to reduce the number of bicycle thefts in the Yangcheon district of Seoul. Bicycle owners can now track and locate their bicycles in the event of theft with the support of the local police.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eRFID market in India is expected to grow at a highest CAGR of 17.9% during the forecast period. RFID technology in India was primarily used for applications such as access control, asset tracking, and inventory management. However, with the advancement of technology and the decreasing cost of RFID readers and tags, the scope of RFID in India has expanded dramatically.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eRFID market in ANZ is expected to grow at a CAGR of 16% during the forecast period. A B Graphic International (ABG) is expanding its RFID converting portfolio to meet the rising demand for asset tracking. Distributed by Currie Group, its RFID equipment is now more accessible in Australia and New Zealand, enabling seamless RFID tag integration for enhanced efficiency and accuracy.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Latin America accounted for a share of 4.1% of the global RFID market. The high adoption of RFID in agribusiness is a major factor growth of RFID in the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBrazil market is expected to grow at a CAGR of 8.3% during the forecast period. The initial use of the RFID devices is for cattle identification in Brazil\u0026rsquo;s thriving agribusiness market, and efforts are under way to expand the technology into all areas of livestock tracking and to other industries that require tracking.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eMexico RFID market is expected to grow at a CAGR of 9% during the forecast period. The growth of ambient light market in Mexico is attributed to implementing RFID tags on livestock to monitor animal health, track movements, and manage herds efficiently. This technology enhanced disease prevention, reduced loss, and optimized breeding programs.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, the Middle East and Africa accounted for a share of 7.9% of the global RFID market. The increased push towards sustainability and energy efficiency and government buildings, and transport to improve security are major factors driving market growth.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn 2024, UAE accounted for a share of 20.5% of the Middle East \u0026amp; Africa RFID industry. RFID access control systems are important for the UAE\u0026#39;s fast growth and smart cities. They are used in offices, homes, government buildings, and transport to improve security, manage access easily, and support modern infrastructure.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSaudi Arabia RFID market is expected to grow at a CAGR of 5.3% during the forecast period. RFID tag reader Saudi Arabia is not only used for communication but can be used for tracking objects too. Due to their efficiency and data resource management, RFIDs are wildly used in various industries throughout Saudi Arabia. Since these have major advantages over Barcodes, many companies have started incorporating RFIDs in production and sales to keep a check on inventory.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSouth Africa market will reach USD 289.9 million by 2034. The growing adoption of RFID in digital signages in retail and advertising sector is driving the market growth in South Africa during the forecast period.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch2\u003eRFID Market Share\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe RFID industry is competitive and highly fragmented with the presence of established global players as well as local players and startups. The top 5 companies in the global ambient light market are NXP Semiconductors, Zebra Technologies Corporation, Impinj, Inc., HID Global Corporation, Avery Dennison Corporation, collectively accounting for a share of 28.6%. These companies are competing in the market by offering more flexibility and efficiency in tracking operations. For instance, In November 2024, MASS Group expanded its capabilities by integrating Zebra Technologies FX9600 and FX7500 fixed readers, strengthening its RFID and asset tracking solutions. This move allows the company to offer both handheld and fixed hardware, giving clients more flexibility and efficiency in tracking operations. By broadening its product range, MASS Group positions itself as a more comprehensive provider, catering to businesses that need scalable, real-time tracking solutions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eNew product launches are the most significant strategic development which key players in the market are adopting for augmenting their market share. Key RFID manufacturers are increasingly launching new products for proliferation in consumer product companies and pharmaceuticals sectors. For instance, in November 2024, Global labelling company multi-color Corporation (MCC), expanded its capacity for RFID tag production with the acquisition of Starport Technologies. MCC\u0026rsquo;s new acquisition is intended to help meet the growing demand for RFID enabled labels by consumer product companies, as well as pharmaceuticals and makers of products that require inventory visibility, according to company officials.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eRFID Market Companies\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe top 5 companies operating in the RFID industry are:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eNXP Semiconductors\u003c/li\u003e\r\n\t\u003cli\u003eZebra Technologies Corporation\u003c/li\u003e\r\n\t\u003cli\u003eImpinj, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eHID Global Corporation\u003c/li\u003e\r\n\t\u003cli\u003eAvery Dennison Corporation\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eNXP dominates the RFID industry through its comprehensive portfolio of RFID ICs and solutions. Their MIFARE product line is the standard of industry for contactless smart cards and ticketing systems, used in over 750 cities worldwide. Their UCODE product family serves retail, logistics, and industrial applications with high-performance UHF RFID chips. NXP\u0026#39;s NTAG series is widely used in NFC applications, enabling consumer engagement and product authentication. Their automotive RFID solutions, including key fobs and immobilizers, are used by major car manufacturers globally.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eZebra Technologies leads through its end-to-end RFID hardware and software solutions. Their RFID printer/encoders, like the ZT600 and ZQ600 series, are industry standards for producing RFID labels on a scale. The FX series fixes RFID readers, and MC33XX series handheld RFID readers are widely deployed in warehouse management and retail inventory tracking. Their AtlasRFID platform provides comprehensive RFID asset tracking solutions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eImpinj established itself through specialization in RAIN RFID technology. Their Monza RFID chips are widely used in retail and supply chain applications, known for superior performance and reliability. The Speedway reader family provides high-performance fixed RFID reading capabilities, while their xArray and xSpan gateways enable overhead RFID tracking in retail and warehouse environments. Their Indy reader chips are used by many manufacturers to build their own RFID readers.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eRFID Industry News\u003c/h2\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn January 2024, Zebra Technologies introduced the FXR90 ultra-rugged fixed RFID reader at the NRF 2024 event. This new device is designed to enhance visibility in high-volume and rugged environments, supporting various applications in retail and supply chain management.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eIn February 2024, CAEN RFID S.r.l., in collaboration with IRADETS from Istanbul expanded its geographical presence by launching CAEN RFID products in Georgia and Azerbaijan. This expansion enables CAEN to explore new markets and support system integrators in the region, providing advanced RFID solutions to enhance operational efficiency.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch3\u003eThis RFID market research report includes in-depth coverage of the industry \u003cu\u003ewith estimates \u0026amp; forecasts in terms of revenue (USD Million) from 2021 to 2034,\u003c/u\u003e for the following segments:\u003c/h3\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Component\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eTags\u003c/li\u003e\r\n\t\u003cli\u003eAntennas\u003c/li\u003e\r\n\t\u003cli\u003eReaders\u003c/li\u003e\r\n\t\u003cli\u003eMiddleware\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By System\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eActive RFID System\u003c/li\u003e\r\n\t\u003cli\u003ePassive RFID System\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Application\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eRetail\u003c/li\u003e\r\n\t\u003cli\u003eFinancial services\u003c/li\u003e\r\n\t\u003cli\u003eHealthcare\u003c/li\u003e\r\n\t\u003cli\u003eIndustrial\u003c/li\u003e\r\n\t\u003cli\u003eGovernment\u003c/li\u003e\r\n\t\u003cli\u003eOthers\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cu\u003eThe above information is provided for the following regions and countries:\u003c/u\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eNorth America\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eU.S.\u003c/li\u003e\r\n\t\t\u003cli\u003eCanada\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eEurope\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eUK\u003c/li\u003e\r\n\t\t\u003cli\u003eGermany\u003c/li\u003e\r\n\t\t\u003cli\u003eFrance\u003c/li\u003e\r\n\t\t\u003cli\u003eItaly\u003c/li\u003e\r\n\t\t\u003cli\u003eSpain\u003c/li\u003e\r\n\t\t\u003cli\u003eRussia\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eAsia Pacific\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eChina\u003c/li\u003e\r\n\t\t\u003cli\u003eIndia\u003c/li\u003e\r\n\t\t\u003cli\u003eJapan\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Korea\u003c/li\u003e\r\n\t\t\u003cli\u003eANZ\u0026nbsp;\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eLatin America\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eBrazil\u003c/li\u003e\r\n\t\t\u003cli\u003eMexico\u0026nbsp;\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eMEA\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eUAE\u003c/li\u003e\r\n\t\t\u003cli\u003eSaudi Arabia\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Africa\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n","manager_name":"Suraj Gujar","author_name":"Sandeep Ugale","no_of_pages":190,"category_id":"76,15","modification_date":"2025-02-14 18:15:27","meta_title":"RFID Market Size \u0026 Share | Forecast Report 2025-2034","meta_keywords":"RFID Market - Global RFID Industry Size, Share, Price, Growth Trends, Applications, Potential, Technology, Forecast, Competitive Analysis, PDF Report, COVID-19 Impact Analysis","meta_description":"The RFID market size crossed USD 16.8 billion in 2024 and is estimated to grow at a CAGR of 12.7% from 2025 to 2034, driven by the increasing demand for supply chain visibility and transparency and expansion in healthcare \u0026 pharmaceuticals. ","body":"body1","historical_data":"2021 - 2024","forecast_period":"2025 – 2034","pitfalls_challenges":"\u003cul\u003e\u003cli\u003eHigh initial implementation costs\u003c/li\u003e \u003cli\u003eData security \u0026 privacy concerns\u003c/li\u003e\u003c/ul\u003e","segments":"Component, System, Application","growth_drivers":"\u003cul\u003e\u003cli\u003eIncreasing demand of supply chain visibility and transparency\u003c/li\u003e \u003cli\u003eExpansion in healthcare \u0026 pharmaceuticals\u003c/li\u003e \u003cli\u003eIntegration with IoT \u0026 industry 4.0\u003c/li\u003e \u003cli\u003eGovernment initiatives for smart infrastructure\u003c/li\u003e\u003c/ul\u003e","forecast_period_CAGR":"12.7","size_in_base_year":"USD 16.8 Billion ","year_value_projection":"USD 54.5 Billion ","dispatch":"","is_index":"YES","base_year":"2024","tables_count":290,"chart_or_fig_count":0,"companies_count":15,"countries_count":18,"price_sul":"4,850","price_el":"6,050","price_cul":"8,350","publish_date":"February 2025","market_share":"\u003ch2\u003eRFID Market Share\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe RFID industry is competitive and highly fragmented with the presence of established global players as well as local players and startups. The top 5 companies in the global ambient light market are NXP Semiconductors, Zebra Technologies Corporation, Impinj, Inc., HID Global Corporation, Avery Dennison Corporation, collectively accounting for a share of 28.6%. These companies are competing in the market by offering more flexibility and efficiency in tracking operations. For instance, In November 2024, MASS Group expanded its capabilities by integrating Zebra Technologies FX9600 and FX7500 fixed readers, strengthening its RFID and asset tracking solutions. This move allows the company to offer both handheld and fixed hardware, giving clients more flexibility and efficiency in tracking operations. By broadening its product range, MASS Group positions itself as a more comprehensive provider, catering to businesses that need scalable, real-time tracking solutions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eNew product launches are the most significant strategic development which key players in the market are adopting for augmenting their market share. Key RFID manufacturers are increasingly launching new products for proliferation in consumer product companies and pharmaceuticals sectors. For instance, in November 2024, Global labelling company multi-color Corporation (MCC), expanded its capacity for RFID tag production with the acquisition of Starport Technologies. MCC\u0026rsquo;s new acquisition is intended to help meet the growing demand for RFID enabled labels by consumer product companies, as well as pharmaceuticals and makers of products that require inventory visibility, according to company officials.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eRFID Market Companies\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe top 5 companies operating in the RFID industry are:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eNXP Semiconductors\u003c/li\u003e\r\n\t\u003cli\u003eZebra Technologies Corporation\u003c/li\u003e\r\n\t\u003cli\u003eImpinj, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eHID Global Corporation\u003c/li\u003e\r\n\t\u003cli\u003eAvery Dennison Corporation\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eNXP dominates the RFID industry through its comprehensive portfolio of RFID ICs and solutions. Their MIFARE product line is the standard of industry for contactless smart cards and ticketing systems, used in over 750 cities worldwide. Their UCODE product family serves retail, logistics, and industrial applications with high-performance UHF RFID chips. NXP\u0026#39;s NTAG series is widely used in NFC applications, enabling consumer engagement and product authentication. Their automotive RFID solutions, including key fobs and immobilizers, are used by major car manufacturers globally.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eZebra Technologies leads through its end-to-end RFID hardware and software solutions. Their RFID printer/encoders, like the ZT600 and ZQ600 series, are industry standards for producing RFID labels on a scale. The FX series fixes RFID readers, and MC33XX series handheld RFID readers are widely deployed in warehouse management and retail inventory tracking. Their AtlasRFID platform provides comprehensive RFID asset tracking solutions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eImpinj established itself through specialization in RAIN RFID technology. Their Monza RFID chips are widely used in retail and supply chain applications, known for superior performance and reliability. The Speedway reader family provides high-performance fixed RFID reading capabilities, while their xArray and xSpan gateways enable overhead RFID tracking in retail and warehouse environments. Their Indy reader chips are used by many manufacturers to build their own RFID readers.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n","market_size":"\u003ch2\u003eRFID Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe global RFID market was valued at USD 16.8 billion in 2024 and is estimated to grow at a CAGR of 12.7% from 2025 to 2034, attributed to factors such as increasing demand for supply chain visibility and transparency and expansion in healthcare \u0026amp; pharmaceuticals.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOne key driver for the RFID (Radio-Frequency Identification) market is the increasing demand for supply chain visibility and efficiency. RFID technology enables automatic identification and tracking of items in real-time, providing a comprehensive and accurate view of the entire supply chain. RFID technology allows for real-time tracking of inventory movements, reducing the likelihood of errors associated with manual data entry. This leads to more accurate inventory levels and helps organizations optimize their stock levels, minimizing both excess and insufficient stock situations. The automation and efficiency introduced by RFID systems can lead to significant cost savings in the supply chain.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"RFID Market\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/rfid-market-2025-2034.webp\" title=\"RFID Market Research Report\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eRFID labels apply to individual drug packages or containers, healthcare providers (HCPs) can actively monitor information in real-time, such as expiration dates, recalls, and stock levels. Automated RFID systems can alert HCPs when drugs are nearing expiration, ensuring timely removal and replacement. This proactive approach reduces medication errors and enhances patient safety by preventing the administration of expired or recalled products. Moreover, RFID-enabled inventory management systems optimize stock levels, enabling organizations to maintain adequate supplies while minimizing waste and avoiding stock outs.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eKey players in the RFID industry should partner with pharmaceutical distributors to develop a blockchain-based RFID platform for end-to-end drug traceability, ensuring regulatory compliance, reducing counterfeits, and optimizing inventory across hospitals and pharmacies.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n","market_analysis":"\u003ch2\u003eRFID Market Analysis\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Global RFID Market Size, By System, 2021-2034 (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-size-by-system-2025-2034.webp\" title=\"Global RFID Market Size, By System, 2021-2034 (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the system, the active RFID system market crossed USD 7 billion in 2023. RFID system using wireless communication that enables transferring data between RF Tags that are attached to objects and antenna. RFID systems are used for supply chain tracking, asset tracking, retail and point of sale (POS), access control and security and livestock tracking.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe passive RFID system market reached USD 7.4 billion in 2022. Passive RFID tags rely on the energy received from the RFID reader and its antenna for power. When the RFID reader scans the area for RFID tags, it sends out an electrical signal, which is converted into electromagnetic RF energy by the RFID antenna, and that energy is used to power the RFID tags in the read area.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Global RFID Market Share, By Component, 2024\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/global-rfid-market-share-by-component-2025-2034.webp\" title=\"Global RFID Market Share, By Component, 2024\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on components, the market is divided into tags, antennas, readers, and middleware. RFID tags are small electronic devices that store information and RFID antennas are used for transmitting and receiving radio frequency signals that interact with RFID tags.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe tags market accounted for over 41.4% share of the RFID market in 2024. RFID tags are small electronic devices that store information and communicate with other devices using radio waves. RFID tags are used in a variety of applications, from tracking inventory to monitoring the movements of livestock.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe antennas market captured more than 7.9% share of the global RFID industry in 2024. RFID antennas are an extensive of RFID readers. They are responsible for transmitting and receiving radio frequency signals that interact with RFID tags. In the case of RFID handheld and some all-in-one devices, the RFID antenna(s) is encased in the same structure.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe reader\u0026rsquo;s market dominated 16.7% of the revenue share in 2024. The RFID reader is a network-connected device that can be portable or permanently attached. It uses radio waves to transmit signals that activate the tag. Once activated, the tag sends a wave back to the antenna, where it is translated into data.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe middleware market held about 34% share in 2024. RFID Middleware is a radio frequency identification (RFID) software, that sits between the readers and the enterprise/business applications. The middleware has several functions and plays a major role in RFID system operation and management.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eBased on applications, the market is segmented into retail, financial services, healthcare, industrial, government, others. The rapid shift towards generating real-time results for stock taking transactions, inventory levels are the major factors contributing to the growth of the RFID market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe retail market was worth over USD 5.4 billion in 2024. \u0026nbsp;RFID in retail involves the placement of RFID tags on items that emit signals to RFID readers which are then processed by software, generating real-time results for stock taking, transactions, inventory levels, or individual customer purchase order history.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe financial services market size surpassed USD 3.9 billion in 2023. RFID technology in banks and financial institutions is a fundamental option for identity verification, identity theft protection, biometric authentication, and more. These solutions confirm top-notch security and facilitate customers in protecting their money and investments and allow banks and financial institutions to secure their assets and inventory. Additionally, RFID technology is boosting the productivity of banks and financial institutions by automating several processes.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe healthcare market accounted for USD 2.8 billion in 2022. RFID-enabled medication inventory tracking enables hospitals to spot timely medication shortages and expiration, prevent theft, and ensure the intended use of medication. Additionally, RFID tracking helps medical staff to pinpoint the location of any patient in the hospital to ensure their safety and sustain the care process. Patient tracking is especially relevant in neonatal units, pediatric departments, mental health facilities, or for tracking geriatric patients.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe industrial market accounted for USD 1.7 billion in 2023. For example, Pepperl+Fuchs offers industrial RFID solutions for identification applications in factory automation creates seamless transparency when detecting large quantities of RFID tags. The cost-effective system is based on powerful, standardized UHF RFID technology (ISO 18000-63 and EPC Class 1 Gen 2) and is specially optimized for use in logistics applications, such as tracking incoming and outgoing goods.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe government market accounted for USD 1.1 billion in 2024. Government organizations are increasingly turning to RFID (Radio Frequency Identification) technology to streamline their asset-tracking processes. RFID offers a sophisticated solution for tracking assets efficiently and securely.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"U.S. RFID Market Size, 2021-2034 (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/electronics-and-media/u.s.-rfid-market-size-2025-2034.webp\" title=\"U.S. RFID Market Size, 2021-2034 (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eIn 2024, North America accounted for over 33.4% of the global RFID market. The large share of this market is attributed to enabling data to be stored electronically in chips embedded in identification documents.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn 2024, the U.S. market for RFID accounted for USD 3.9 billion, driven by enabling data to be stored electronically in chips embedded in identification documents and shared quickly in digital format by law enforcement personnel.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe Canada RFID market is expected to reach USD 4.8 billion by 2034. The market for Canada RFID is driven by factors such as strong energy efficiency regulations, streamline, security in RFID systems. The technology has been an instant success in for the Canada Border Services Agency, and that\u0026rsquo;s because it has been able to better secure the border, while making it more efficient.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Europe accounted for 23.5% of the global RFID market. Factors supporting growth of RFID in Europe are established automotive manufacturing hub with industry leading research development pioneers in RFID R\u0026amp;D projects, access control, cashless payments, and visitor identification, Spanish resorts, theme parks and more.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe Germany RFID market is expected to reach USD 2.9 billion by 2034. Germany holds one of the leading positions in RFID technology development in Europe. In Germany, sales of RFID systems more than doubled in the last five years. RFID is forecast to further penetrate the supply chain and manufacturing industries to fulfil process optimization and product tracking needs. Germany has several best practices for RFID implementation. The country is leading in RFID R\u0026amp;D projects in Europe, e.g. Siemens is the top German RFID patenting company.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe UK RFID market is expected to grow at a CAGR of 13.5% during the forecast period. RFID R\u0026amp;D is well developed in the UK, being the second leading country in Europe in terms of R\u0026amp;D projects. The UK is strong in RFID system implementation for after sales-product identification. Land Rover and New Look are some of the case studies in the UK. Logistics and consumer retail are expected to undergo significant growth in RFID system use.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eFrance RFID market is expected to grow at a CAGR of 14.5% from 2025 to 2034. France has a strong presence of technology for reusable containers. For example, McDonald\u0026rsquo;s France will use RFID technology for reusable containers. McDonald\u0026rsquo;s is working with global RFID and RF security solutions company Checkpoint Systems to find a solution. Checkpoint Systems pioneered one of the first-ever food-safe, water and heat-resistant RFID solutions.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eItaly RFID market is expected to reach USD 1.1 billion by 2034. The market for RFID in Italy is driven by the adoption of RFID systems which greatly improved public transport efficiency, offering greater convenience to passengers and reducing the use of paper tickets. These integrated systems have positively impacted urban mobility, simplified payments and encouraging the use of public transport.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSpain RFID market is projected to reach USD 756.7 million by 2034. The growth of RFID in Spain is attributed to the factors such as access control, cashless payments, and visitor identification, Spanish resorts, theme parks, festivals, and events frequently use RFID wristbands, cards, and tickets. RFID simplifies operations, boosts security, and improves visitor experience in the travel industry. Spain\u0026#39;s RFID Industry is seeing the rise of new applications in industries outside of traditional ones, such as manufacturing, transportation, healthcare, and smart cities is also supporting market growth.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Asia Pacific accounted for a share of 31% of the global RFID market. The presence of leading automotive manufacturers and automation in the retail industry with Radio-Frequency Identification (RFID) technology are supporting the market growth in the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe China RFID market is expected to grow at a CAGR of 13.6% during the forecast period. China has one of the major automotive manufacturers base that is supporting the market expansion. RFID has been successfully applied in the China Railway Automatic Train Identification System since 1999. It has been widely used in many railway bureaus, and more than 30,000 locomotives and 600,000 carriages have been installed with RFID tags.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eJapan is expected to account for a share of 13.8% of the RFID market in 2024, of Asia Pacific. The Ministry of Economy, Trade and Industry (METI) launched a project to promote automation in retail industry with Radio-Frequency Identification (RFID) technology. RIFD uses electromagnetic fields to identify and track tags attached to objects automatically. RFID is superior to barcode, because it does not require the tag to be within the line of sight of the scanner.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSouth Korea RFID market is expected to grow at a CAGR of 15.6% during the forecast period. RFID Increases the Security of Bicycles in South Korea. The Bicycle Guardian Solution has helped to reduce the number of bicycle thefts in the Yangcheon district of Seoul. Bicycle owners can now track and locate their bicycles in the event of theft with the support of the local police.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eRFID market in India is expected to grow at a highest CAGR of 17.9% during the forecast period. RFID technology in India was primarily used for applications such as access control, asset tracking, and inventory management. However, with the advancement of technology and the decreasing cost of RFID readers and tags, the scope of RFID in India has expanded dramatically.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eRFID market in ANZ is expected to grow at a CAGR of 16% during the forecast period. A B Graphic International (ABG) is expanding its RFID converting portfolio to meet the rising demand for asset tracking. Distributed by Currie Group, its RFID equipment is now more accessible in Australia and New Zealand, enabling seamless RFID tag integration for enhanced efficiency and accuracy.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, Latin America accounted for a share of 4.1% of the global RFID market. The high adoption of RFID in agribusiness is a major factor growth of RFID in the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBrazil market is expected to grow at a CAGR of 8.3% during the forecast period. The initial use of the RFID devices is for cattle identification in Brazil\u0026rsquo;s thriving agribusiness market, and efforts are under way to expand the technology into all areas of livestock tracking and to other industries that require tracking.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eMexico RFID market is expected to grow at a CAGR of 9% during the forecast period. The growth of ambient light market in Mexico is attributed to implementing RFID tags on livestock to monitor animal health, track movements, and manage herds efficiently. This technology enhanced disease prevention, reduced loss, and optimized breeding programs.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eIn 2024, the Middle East and Africa accounted for a share of 7.9% of the global RFID market. The increased push towards sustainability and energy efficiency and government buildings, and transport to improve security are major factors driving market growth.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn 2024, UAE accounted for a share of 20.5% of the Middle East \u0026amp; Africa RFID industry. RFID access control systems are important for the UAE\u0026#39;s fast growth and smart cities. They are used in offices, homes, government buildings, and transport to improve security, manage access easily, and support modern infrastructure.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSaudi Arabia RFID market is expected to grow at a CAGR of 5.3% during the forecast period. RFID tag reader Saudi Arabia is not only used for communication but can be used for tracking objects too. Due to their efficiency and data resource management, RFIDs are wildly used in various industries throughout Saudi Arabia. Since these have major advantages over Barcodes, many companies have started incorporating RFIDs in production and sales to keep a check on inventory.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eSouth Africa market will reach USD 289.9 million by 2034. The growing adoption of RFID in digital signages in retail and advertising sector is driving the market growth in South Africa during the forecast period.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n","market_trends":"\u003ch2\u003eRFID Market Trends\u003c/h2\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eOne of the key trends in the RFID industry is advanced patient monitoring systems, driving the adoption of RFID. RFID technology is employed to develop advanced patient monitoring systems, particularly in the field of eldercare and chronic disease management. Wearable RFID tags can transmit vital signs and patient data to HCPs, enabling remote monitoring and timely interventions. This technology improves the quality of care and allows patients to maintain their independence while receiving appropriate medical attention.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eThe adoption of RFID for enhanced supply chain management is another major trend supporting the growth of RFID market. RFID technology is impacting the pharma supply chain by offering real- time visibility and traceability. Medication containers with RFID-embedded labels enable precise inventory management, reduce errors and theft, and prevent counterfeiting and diversion. This level of transparency allows companies to track drugs from the manufacturing facility to the patient\u0026rsquo;s bedside, ensuring authenticity, reducing waste, and improving patient safety.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n","mod_date":"2025-02-14T18:15:27.000Z","offer_single_price":"4,123","offer_multi_price":"4,840","offer_enter_price":"5,845","canicoal":"https://www.gminsights.com/industry-analysis/rfid-market"}],"meta_tags":[{"language":"en","url":"rfid-market"},{"language":"de","url":"rfid-market"},{"language":"es","url":"rfid-market"},{"language":"fr","url":"rfid-market"},{"language":"it","url":"rfid-market"},{"language":"ja","url":"rfid-market"},{"language":"ko","url":"rfid-market"},{"language":"ru","url":"rfid-market"},{"language":"zh","url":"rfid-market"},{"language":"ar","url":"rfid-market"}],"formfield":["email"]},"success":"True","bread_Store_Arr":[{"main_name":"Semiconductors and Electronics","main_url":"semiconductors-and-electronics"},{"L1":"Sensors","L1_url":"sensors"}],"category_id":"76,15","ipCountry":{"name":"Singapore","flag":"🇸🇬","code":"SG","dial_code":"+65"},"meta_tags":[{"language":"en","url":"rfid-market"},{"language":"de","url":"rfid-market"},{"language":"es","url":"rfid-market"},{"language":"fr","url":"rfid-market"},{"language":"it","url":"rfid-market"},{"language":"ja","url":"rfid-market"},{"language":"ko","url":"rfid-market"},{"language":"ru","url":"rfid-market"},{"language":"zh","url":"rfid-market"},{"language":"ar","url":"rfid-market"}],"breadcrumbSchema":{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/semiconductors-and-electronics","name":"Semiconductors and Electronics"}},{"@type":"ListItem","position":3,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/sensors/76","name":"Sensors"}},{"@type":"ListItem","position":4,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/industry-analysis/rfid-market","name":"Rfid Market"}}]},"faqschema":[{"id":8068,"question":"How much RFID market share captured by North America in 2024?","answer":"The North America RFID market held around 33.4% share in 2024."},{"id":8068,"question":"Who are the key players in RFID market?","answer":"Some of the major players in the RFID industry include 3M Company, Alien Technology, Avery Dennison Corporation, CAEN RFID, Checkpoint Systems, Datalogic S.p.A., HID Global Corporation, Impinj, Inc., Invengo Technology Pte. Ltd., Mojix, Inc., NXP Semiconductors, and Smartrac N.V."},{"id":8068,"question":"How big is the RFID market?","answer":"The RFID market was valued at USD 16.8 billion in 2024 and is expected to reach around 54.5 billion by 2034, growing at 12.7% CAGR through 2034."},{"id":8068,"question":"What is the size of active RFID segment in the RFID industry?","answer":"The active RFID segment generated over 7 billion in 2023."}]},"__N_SSP":true},"page":"/industry-analysis/[report_view]","query":{"report_view":"rfid-market"},"buildId":"gMjKCLn5exlmiiUGJRRJK","isFallback":false,"dynamicIds":[57719,34916,72828,46938,64668,66033,16942,25157,77870,40208,71982,74718,56924,78385,7983,7446],"gssp":true,"scriptLoader":[]}</script></body></html>