Key Findings
The Europe RFID readers market is evaluated to grow with a CAGR of 8.45% during the forecast period of 2021 to 2028. Factors such as the increased growth in e-commerce, the developments within the retail sector, and the rising adoption of cloud computing, IoT, and the internet across several industries are primarily attributed to the market growth of the region.

Market Insights
The Europe RFID readers market growth evaluation includes analyzing France, Germany, Italy, Poland, Russia, Russia, the United Kingdom, and the rest of Europe. Within Italy’s logistics market, 2020 closed with an investment volume of ?1.4 billion, predominantly owing to the activities recorded in the third and fourth quarters. This factor also marked a new record for the country’s market. Q4 notably witnessed the closure of transactions accounting to ?620 million, indicating an increase by 21%, compared to Q3. While the interest of investors within the Italian last mile/urban logistics sector is consolidated, in Q4, it contributed 24% of the overall investment volumes.
On the other hand, the COVID-19 pandemic has severely impacted Russia’s wholesale and retail market. It has elevated the operational expenses for online retailers and brick-and-mortar stores, as well. As per the Association of Retail Companies (ACORT), e-commerce’s share in the country increased to a record 10.9% of the overall trail turnover, in H1 2020. Moreover, the development of e-commerce emerged as one of the key trends in retail during the pandemic. This is attributed to the fact that numerous product categories only accommodated online sales channels, except retailers that were permitted to function amid lockdowns. Therefore, the abovementioned drivers are set to propel the RFID readers market growth in Europe during the forecast period.

Competitive Insights
Some of the key companies operating in the market are CAEN RFID, Invengo Technology, Honeywell International, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments