The RFID Market is projected to reach USD 46.35 billion by 2030 from USD 22.55 billion in 2022, at a CAGR of 9.41% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the RFID Market.

  • Based on Offering, market is studied across Hardware and Software & Services. The Hardware is further studied across Readers and Tags. The Hardware commanded largest market share of 57.78% in 2022, followed by Software & Services.

  • Based on Tag Type, market is studied across Active RFID and Passive RFID. The Passive RFID commanded largest market share of 59.32% in 2022, followed by Active RFID.

  • Based on Frequency, market is studied across High Frequency, Low Frequency, and Ultra-High Frequency. The Ultra-High Frequency commanded largest market share of 43.22% in 2022, followed by High Frequency.

  • Based on Form Factor, market is studied across Band, Card, Implant, Key Fob, Label & Sticker, and Paper Ticket. The Label & Sticker commanded largest market share of 18.33% in 2022, followed by Card.

  • Based on Material, market is studied across Ceramic, Glass, Metal, Paper, Plastic, and Silicon. The Ceramic commanded largest market share of 26.53% in 2022, followed by Plastic.

  • Based on Wafer Size, market is studied across 200mm and 300mm. The 200mm commanded largest market share of 44.22% in 2022, followed by 300mm.

  • Based on Application, market is studied across Animal & Wildlife Tracking, Logistics & Supply Chain Management, and Security & Access Control. The Logistics & Supply Chain Management commanded largest market share of 39.43% in 2022, followed by Security & Access Control.

  • Based on End-User, market is studied across Aerospace & Defense, Agriculture & Forestry, Healthcare & Pharmaceutical, Media & Entertainment, Retail & Consumer Goods, and Transportation. The Retail & Consumer Goods commanded largest market share of 19.87% in 2022, followed by Healthcare & Pharmaceutical.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.89% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the RFID Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape RFID Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the RFID Market, highlighting leading vendors and their innovative profiles. These include Alien Technology LLC, ams-OSRAM AG, Avery Dennison Corporation, Beontag, CAEN RFID S.r.l., CCL Industries Inc., DENSO Corporation, Diamond Technologies, Inc., Dorset Group BV, FEIG ELECTRONIC GmbH, Fresenius SE & Co. KGaA, GAO Group, Globeranger Corporation by Fujitsu Limited, HANA Technologies, HID Global by Assa Abloy AB, Honeywell International Inc., Impinj, Inc., Invengo Information Technology Co., Ltd., Kronegger GmbH, MASS Group, Inc., Micro-Sensys GmbH, Mojix, Inc., Motorola Solutions, Inc., Nedap N.V., Neosid Pemetzrieder GmbH & Co. KG, Nippon Telegraph and Telephone Corporation, Nitta Corporation, Novanta Inc., NXP Semiconductors N.V., Pepperl+Fuchs SE, RapidRadio Solutions, Savi Technology, Inc., Schreiner Group GmbH & Co. KG, Securitag Assembly Group Co., Ltd., SML Group Limited, STMicroelectronics N.V., Syrma SGS Technology Limited, Technicode, Inc., Terso Solutions, Inc., Texas Instruments Incorporated, WOWRFID, and Zebra Technologies Corporation.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the RFID Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the RFID Market?
  3. What is the competitive strategic window for identifying opportunities in the RFID Market?
  4. What are the latest technology trends and regulatory frameworks in the RFID Market?
  5. What is the market share of the leading vendors in the RFID Market?
  6. Which modes and strategic moves are suitable for entering the RFID Market?