RFID市場 – 2033年までの世界予測

RFID Market - Global Forecast to 2033

RFID市場 - タグ、リーダー (固定、ハンドヘルド、ウェアラブル)、フォームファクター (カード、ラベル、キーフォブとトークン、バンド、紙とインレイ、埋め込み型)、頻度 (低、高、超高)、在庫と資産管理、発券 - 2033年までの世界予測
RFID Market by Tags, Readers (Fixed, Handheld, Wearable), Form Factor (Card, Label, Key Fob and Token, Band, Paper and Inlay, Implantable), Frequency (Low, High, Ultra-high), Inventory and Asset Management, Ticketing - Global Forecast to 2033

商品番号 : SMB-17163

出版社MarketsandMarkets
出版年月2025年1月
ページ数300
図表数314
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global RFID market is estimated to be valued at USD 25.24 billion by 2033, up from USD 12.61 billion in 2025, at a CAGR of 9.1% during the forecast period.

世界のRFID市場は、2025年の126億1,000万米ドルから2033年までに252億4,000万米ドルに達すると推定されており、予測期間中のCAGRは9.1%です。

RFID市場 - 2033年までの世界予測
rfid-market

The main growth factors for the RFID market are advancements in retail and supply chain management, increasing applications in asset tracking, and demand for real-time visibility in asset and inventory management. The expansion of e-commerce and omnichannel retailing, along with RFID technology integration into inventory systems for accurate stock management, are the primary growth drivers.

RFID市場の主な成長要因は、小売およびサプライチェーン管理の進歩、資産追跡におけるアプリケーションの増加、資産および在庫管理におけるリアルタイムの可視性に対する需要です。電子商取引とオムニチャネル小売の拡大と、正確な在庫管理のための在庫システムへの RFIDテクノロジーの統合が主な成長原動力です。

Market demand in the healthcare sector is also further being pushed by the need for improved patient tracking, equipment management, and drug authentication, which enhances operational efficiency. Innovations in RFID tag design through miniaturization and improvements in read accuracy, combined with increasing government mandates for traceability in industries such as food and pharmaceuticals, will similarly propel the RFID market size from sectors like automotive, logistics & warehousing, and healthcare.

RFID市場 - 2033年までの世界予測 12
rfid-market-impact

“Tag to register the highest CAGR during the forecast period.”

The tag segment is estimated to have the highest CAGR during the forecast period for the RFID market. The main drivers include increased adoption of RFID technology across various industries for asset tracking, inventory management, and supply chain optimization. The technological advancements have minimized the size of RFID tags while making them cheaper and more efficient. Resulting in them becoming feasible for numerous applications that include retail, healthcare, and logistics & warehousing. The increase in demand for smart packaging and IoT applications further boosts up the use of RFID tags. Specifically, passive RFID tags are gaining traction because they are cost-effective and applicable to a wide range of tracking and identification applications. Emerging applications, including the tagging of pharmaceuticals, cattle, and even humans as a means of access, are driving the segment forward. Manufacturers are investing significant funds on developing RFID tags that are robust and innovative to meet the changing needs of the market. The ability of tags to deliver real-time data and insights is crucial for improving operational efficiency and reducing losses, thus making them a required part of today’s advanced RFID systems. These trends are expected to drive significant growth in the RFID tags market during the forecast period.

“Inventory & Asset Management to account the largest market share during the forecast period.”

The inventory and asset management segment is expected to hold the highest market share in the application of RFID during the forecast period, as the adoption of RFID technology across different industries is increasing to raise efficiency in operations and cut errors. RFID systems have allowed real-time tracking and managing of inventory and assets. This is critical in some of the industries, for instance, retail, automotive, healthcare, and logistics & warehosuing. Automation of inventory counts and giving the exact, real-time information can minimize manual labor and streamline the decision-making process of a company. Further, RFID provides more benefits, such as improved supply chain visibility, and optimal levels of inventory. In the healthcare sector, RFID facilitates the tracking of medical equipment and guarantees the availability of critical supplies, thereby improving the care for patients. In inventory and asset management, RFID provides the possibility to track the goods seamlessly across the transportation process, which increases the accuracy of delivery and decreases theft or loss. The growing emphasis on Industry 4.0 and IoT integration is further fueling the adoption of RFID for advanced asset monitoring and management solutions. Companies are investing in RFID-based systems to improve inventory accuracy and operational efficiency, which is opening a way for significant growth in this application segment.

“North America registered the second largest market share during the forecast period.”

North America will account for the second-largest share in the region segment and is likely to grow because of progress in major sectors such as retail, logistics & warehousing, and healthcare. These sectors have widely adopted RFID technology to gain operational efficieny. Demand for RFID systems, including tags, readers, and software is high because of the requirement of inventory management, supply chain visibility, and real-time tracking of assets. The US, Canada, and Mexico lead in the adoption of RFID technology, with vast investment in R&D and infrastructure development. The US leads the adoption of RFID in retail for automated inventory control and in healthcare for patient safety and medical asset tracking. Canada witnesses significant use of RFID solutions in cold chain logistics and public sector applications. Mexico views increasing usage in automotive manufacturing and border security. The region’s focus on sustainability is fostering RFID solutions that support waste reduction and energy-efficient operations. Technology providers collaborating with end-user industries is one of the significant drivers and customizations for innovation in RFID applications, putting North America in a stronghold of the global RFID market.

RFID市場 - 2033年までの世界予測 region
rfid-market-region

The break-up of the profile of primary participants in the RFID market-

  • By Company Type: Tier 1 – 25%, Tier 2 – 35%, Tier 3 – 40%
  • By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
  • By Region Type: North America – 35%, Europe – 25%, Asia Pacific – 25%, Rest of the World – 15%

The major players in the RFID market with a significant global presence include Zebra Technologies Corp. (US), Avery Dennison Corporation (US), Honeywell International Inc. (US), HID Global Corporation (US), Datalogic S.p.A. (Italy), and others.

RFID市場 - 2033年までの世界予測 ecosystem
rfid-market-ecosystem

Research Coverage

The report segments the RFID market and forecasts its size by offering, tag type, form factor, frequency, material, wafer size, application, vertical, and region. It also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall RFID market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers (growing adoption of RFID technology in retail and supply chain management, expanding applications of RFID tags in healthcare management systems, increasing integration of RFID technology, with industry 4.0 and smart manufacturing, adoption of RFID systems in toll collection, and government initiatives and regulations ensuring safety and digital transformation), restraints (high initial investments and implementation barriers for RFID solutions, overcoming data security and privacy concerns in RFID applications, and lack of unified global standards and protocols), opportunities (growing demand for real-time tracking and monitoring of assets, development of advanced RFID solutions, and cost reduction in RFID tags), and challenges (technical complexities and barriers  affecting  RFID adoption and managing large data volumes  and ensuring secure data  transmission in RFID systems)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new solution and service launches in the RFID market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the RFID market across varied regions.
  • Market Diversification: Exhaustive information about new solutions and services, untapped geographies, recent developments, and investments in the RFID market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including Zebra Technologies Corp. (US), Avery Dennison Corporation (US), Honeywell International Inc. (US), HID Global Corporation (US), and Datalogic S.p.A. (Italy).

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        INCLUSIONS AND EXCLUSIONS 28

1.3.3        YEARS CONSIDERED      29

1.4           CURRENCY CONSIDERED            29

1.5           UNIT CONSIDERED        29

1.6           STAKEHOLDERS               29

1.7           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY AND PRIMARY RESEARCH 32

2.1.2        SECONDARY DATA          33

2.1.2.1    List of key secondary sources              33

2.1.2.2    Key data from secondary sources       33

2.1.3        PRIMARY DATA 34

2.1.3.1    List of primary interview participants               34

2.1.3.2    Breakdown of primaries      34

2.1.3.3    Key data from primary sources           35

2.1.3.4    Key industry insights           36

2.2           MARKET SIZE ESTIMATION METHODOLOGY     37

2.2.1        BOTTOM-UP APPROACH              37

2.2.1.1    Approach to estimate market size using bottom-up analysis

(demand side)       37

2.2.2        TOP-DOWN APPROACH                38

2.2.2.1    Approach to estimate market size using top-down analysis

(supply side)         38

2.3           FACTOR ANALYSIS          39

2.3.1        DEMAND-SIDE ANALYSIS             39

2.3.2        SUPPLY-SIDE ANALYSIS                 39

2.4           DATA TRIANGULATION                40

2.5           RESEARCH ASSUMPTIONS           41

2.6           RESEARCH LIMITATIONS             42

2.7           RISK ASSESSMENT           42

3               EXECUTIVE SUMMARY  43

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RFID MARKET               50

4.2           RFID MARKET, BY OFFERING     50

4.3           RFID MARKET, BY TAG TYPE      51

4.4           RFID MARKET, BY FORM FACTOR             51

4.5           RFID MARKET, BY FREQUENCY 52

4.6           RFID MARKET, BY MATERIAL     52

4.7           RFID MARKET, BY WAFER SIZE  53

4.8           RFID MARKET, BY APPLICATION              53

4.9           RFID MARKET, BY VERTICAL      54

4.10         RFID MARKET, BY REGION          54

4.11         RFID MARKET, BY GEOGRAPHY 55

5               MARKET OVERVIEW       56

5.1           INTRODUCTION              56

5.2           MARKET DYNAMICS       56

5.2.1        DRIVERS               57

5.2.1.1    Transformation of supply chain operations through RFID-enabled inventory management         57

5.2.1.2    Expanding applications of RFID tags in healthcare sector                 57

5.2.1.3    Integration of RFID with Industry 4.0 and smart manufacturing technologies           58

5.2.1.4    Growing adoption of RFID-integrated toll collection systems                 59

5.2.1.5    Government initiatives for smarter supply chains           60

5.2.2        RESTRAINTS      62

5.2.2.1    High ownership cost of RFID             62

5.2.2.2    Data breach and privacy concerns associated with RFID                 62

5.2.2.3    Lack of unified global standards and protocols                64

5.2.3        OPPORTUNITIES              65

5.2.3.1    Growing demand for real-time tracking and monitoring of assets                 65

5.2.3.2    Development of advanced RFID solutions       66

5.2.3.3    Accessibility to small businesses due to gradual reduction in

RFID costs             66

5.2.4        CHALLENGES    68

5.2.4.1    Technical complexities associated with RFID technology                 68

5.2.4.2    Managing and processing vast volumes of data generated through RFID systems        68

5.3           VALUE CHAIN ANALYSIS               69

5.4           ECOSYSTEM ANALYSIS  72

5.5           INVESTMENT AND FUNDING SCENARIO               73

5.6           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            74

5.7           TECHNOLOGY ANALYSIS             75

5.7.1        KEY TECHNOLOGIES     75

5.7.1.1    Real-time location systems 75

5.7.1.2    RFID-enabled sensors and robotics  75

5.7.2        COMPLEMENTARY TECHNOLOGIES       76

5.7.2.1    Cloud-based RFID               76

5.7.2.2    RFID in IoT           76

5.7.2.3    Integration of RFID with blockchain 76

5.7.3        ADJACENT TECHNOLOGIES       77

5.7.3.1    Quantum RFID    77

5.7.3.2    Near-field communication and RFID hybrid solutions  77

5.7.3.3    Miniaturized and flexible RFID tags 77

5.8           PRICING ANALYSIS          78

5.8.1        AVERAGE SELLING PRICE TREND OF RFID PRODUCTS, BY KEY PLAYER,

2021–2024              78

5.8.2        AVERAGE SELLING PRICE TREND OF RFID PRODUCTS, BY REGION,

2021–2024              80

5.9           PORTER’S FIVE FORCES ANALYSIS           81

5.9.1        THREAT OF NEW ENTRANTS      83

5.9.2        THREAT OF SUBSTITUTES          83

5.9.3        BARGAINING POWER OF SUPPLIERS       84

5.9.4        BARGAINING POWER OF BUYERS             84

5.9.5        INTENSITY OF COMPETITIVE RIVALRY 84

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     85

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           85

5.10.2      BUYING CRITERIA           85

5.11         CASE STUDY ANALYSIS 86

5.11.1      PUMA AND NIKE ADOPT RFID-ENABLED INVENTORY MANAGEMENT SYSTEMS TO ADAPT TO CHANGING CUSTOMER DEMANDS           86

5.11.2      HERA GROUP LEVERAGES RFID TECHNOLOGY TO STREAMLINE WASTE CONTAINER MANAGEMENT            87

5.11.3      DECATHLON ENHANCES GLOBAL OPERATIONS WITH TAGEOS’ RFID LABELS  87

5.12         TRADE ANALYSIS             88

5.12.1      IMPORT SCENARIO (HS CODE 8523)        88

5.12.2      EXPORT SCENARIO (HS CODE 8523)        89

5.13         PATENT ANALYSIS          90

5.14         TARIFF AND REGULATORY LANDSCAPE               92

5.14.1      TARIFF ANALYSIS (HS CODE 8523)            92

5.14.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             93

5.14.3      STANDARDS      94

5.14.3.1  Federal Communications Commission              94

5.14.3.2  ISO and IEC standards        95

5.15         KEY CONFERENCES AND EVENTS, 2024–2026        95

5.16         IMPACT OF AI/GEN AI ON RFID MARKET              96

6               RFID MARKET, BY OFFERING     98

6.1           INTRODUCTION              99

6.2           TAGS     100

6.2.1        INCREASING NEED TO TRACK INVENTORY TO FUEL SEGMENTAL GROWTH  100

6.3           READERS             109

6.3.1        PRESSING NEED FOR REAL-TIME TRACKING TO BOOST DEMAND             109

6.3.2        FIXED   109

6.3.3        HANDHELD        110

6.3.4        WEARABLE         110

6.4           SOFTWARE & SERVICES 110

6.4.1        EVOLVING SUPPLY CHAINS TO DRIVE ADOPTION                 110

7               RFID MARKET, BY TAG TYPE      112

7.1           INTRODUCTION              113

7.2           PASSIVE                114

7.2.1        AFFORDABILITY AND EXTENDED READING RANGE TO SPIKE DEMAND 114

7.2.2        SEMI-PASSIVE (BATTERY-ASSISTED PASSIVE)    115

7.3           ACTIVE 116

7.3.1        ABILITY TO TRANSMIT SIGNALS OVER LONGER DISTANCES AND

EXTENDED LIFESPAN TO DRIVE ADOPTION      116

8               RFID MARKET, BY WAFER SIZE  118

8.1           INTRODUCTION              119

8.2           8-INCH  120

8.2.1        COST EFFICIENCY AND SCALABILITY TO BOOST DEMAND             120

8.3           12-INCH                121

8.3.1        RISING DEMAND FOR COST-EFFECTIVE AND SCALABLE RFID SOLUTIONS

TO CREATE OPPORTUNITIES    121

8.4           OTHER WAFER SIZES     121

9               RFID MARKET, BY MATERIAL     123

9.1           INTRODUCTION              124

9.2           PLASTIC               125

9.2.1        GROWING DEMAND FOR DURABLE AND TENSILE-RESISTANT

RFID SOLUTIONS TO PROPEL MARKET 125

9.3           GLASS   126

9.3.1        DURABILITY AND BIOCOMPATIBILITY FEATURES TO SUPPORT MARKET GROWTH     126

9.4           PAPER   126

9.4.1        ELEVATING DEMAND FOR RECYCLABLE AND SUSTAINABLE TAGS TO

FOSTER SEGMENTAL GROWTH 126

9.5           OTHER MATERIALS        127

10            RFID MARKET, BY FREQUENCY 128

10.1         INTRODUCTION              129

10.2         LOW FREQUENCY            130

10.2.1      RELIABLE PERFORMANCE IN TOUGH ENVIRONMENTS TO

SUPPORT MARKET GROWTH     130

10.3         HIGH FREQUENCY          131

10.3.1      RISING ADOPTION OF CONTACTLESS PAYMENT SOLUTIONS TO

DRIVE MARKET 131

10.4         ULTRA-HIGH FREQUENCY          133

10.4.1      GROWING DEMAND FOR LONG-RANGE, HIGH-SPEED DATA TRANSMISSION TO FUEL MARKET GROWTH         133

11            RFID MARKET, BY FORM FACTOR             135

11.1         INTRODUCTION              136

11.2         CARD    137

11.2.1      INCREASING USE IN ACCESS CONTROL AND SECURITY APPLICATIONS

TO DRIVE MARKET         137

11.3         LABEL   139

11.3.1      NEED FOR REAL-TIME VISIBILITY INTO PRODUCT AVAILABILITY TO

SPUR DEMAND 139

11.4         KEY FOB & TOKEN           141

11.4.1      INCREASING USE OF CONTACTLESS ACCESS CONTROL SOLUTIONS

AT OFFICES AND TRANSPORTATION HUBS TO DRIVE MARKET                 141

11.5         BAND    142

11.5.1      SURGING USE OF WEARABLE TECHNOLOGY TO CREATE

GROWTH OPPORTUNITIES         142

11.6         PAPER & INLAY 143

11.6.1      RISING ADOPTION IN PHARMACEUTICAL PACKAGING TO

ENSURE REGULATORY COMPLIANCE TO DRIVE MARKET                 143

11.7         IMPLANTABLE  144

11.7.1      GROWING FOCUS ON EFFICIENT HEALTHCARE MANAGEMENT TO

BOOST ADOPTION         144

11.8         OTHER FORM FACTORS                145

12            RFID MARKET, BY APPLICATION              147

12.1         INTRODUCTION              148

12.2         INVENTORY & ASSET MANAGEMENT     149

12.2.1      INCREASING DEMAND FROM E-COMMERCE SECTOR TO DRIVE MARKET         149

12.3         SECURITY & ACCESS CONTROL 151

12.3.1      PRESSING NEED TO PREVENT UNAUTHORIZED ACCESS TO CRITICAL ASSETS TO SUPPORT MARKET GROWTH 151

12.4         TICKETING         152

12.4.1      TRANSPORTATION, SPORTS, AND ENTERTAINMENT VERTICALS TO CONTRIBUTE TO MARKET GROWTH      152

12.5         OTHER APPLICATIONS 153

13            RFID MARKET, BY VERTICAL      154

13.1         INTRODUCTION              155

13.2         AUTOMOTIVE   157

13.2.1      GROWING USE OF RFID-INTEGRATED ROBOTIC SYSTEMS IN

AUTOMOBILE MANUFACTURING TO DRIVE MARKET    157

13.3         HEALTHCARE    159

13.3.1      NECESSITY FOR REAL-TIME TRACKING OF MEDICAL EQUIPMENT TO

ENSURE TIMELY AVAILABILITY TO BOOST ADOPTION 159

13.4         AGRICULTURE  161

13.4.1      GROWING TREND OF AUTOMATION IN AGRICULTURE TO TRACK HARVESTED PRODUCE TO FUEL MARKET GROWTH                 161

13.5         FOOD   163

13.5.1      INCREASING NEED FOR REAL-TIME TRACKING AND AUTOMATED STOCK MANAGEMENT ACROSS FOOD SUPPLY CHAIN TO BOOST DEMAND       163

13.6         RETAIL 165

13.6.1      INCREASING EMPHASIS OF RETAILERS ON IMPROVING CUSTOMER SATISFACTION TO CONTRIBUTE TO MARKET GROWTH             165

13.6.2      APPAREL              168

13.6.2.1  Substantial focus on automated stock tracking and

minimizing inventory errors to spike demand 168

13.6.3      OTHER PRODUCTS         168

13.7         TRANSPORTATION         169

13.7.1      RISING DEPLOYMENT OF VEHICLE TRACKING AND TOLL COLLECTION SYSTEMS TO SPUR DEMAND             169

13.8         ANIMAL TRACKING         170

13.8.1      ELEVATING USE OF LIVESTOCK MANAGEMENT SOLUTIONS TO GET INSIGHTS ON ANIMAL HEALTH, BEHAVIOR, AND LOCATION TO SUPPORT MARKET GROWTH            170

13.9         AEROSPACE & DEFENSE                172

13.9.1      PRESSING NEED TO MINIMIZE LOSS OR THEFT OF CRITICAL AIRCRAFT COMPONENTS AND MILITARY SUPPLIES TO BOOST DEMAND      172

13.10       ENTERTAINMENT           173

13.10.1   SURGING USE OF SMART TECHNOLOGY IN TICKETING, ADMISSION CONTROL, SECURITY AND PAYMENT APPLICATIONS TO DRIVE MARKET         173

13.11       LOGISTICS & WAREHOUSING    174

13.11.1   ABILITY TO PROVIDE ACCURATE AND REAL-TIME INFORMATION ON GOODS DELIVERY STATUS TO SPIKE ADOPTION         174

13.12       OTHER VERTICALS         176

14            RFID MARKET, BY REGION          178

14.1         INTRODUCTION              179

14.2         NORTH AMERICA             180

14.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 181

14.2.2      US           184

14.2.2.1  Rising focus of industry players on enhancing supply chain transparency to accelerate demand   184

14.2.3      CANADA               185

14.2.3.1  Growing adoption of RFID in logistics and transportation applications to drive market                185

14.2.4      MEXICO                185

14.2.4.1  Thriving e-commerce sector to create growth opportunities                 185

14.3         EUROPE               186

14.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      187

14.3.2      UK          190

14.3.2.1  Booming retail and logistics sectors to propel market    190

14.3.3      GERMANY           190

14.3.3.1  Smart city initiatives to fuel market growth     190

14.3.4      FRANCE                191

14.3.4.1  Significant investment in digital transformation and smart city projects to spike demand    191

14.3.5      ITALY    191

14.3.5.1  Retail, fashion, and agriculture industries to contribute most to market growth       191

14.3.6      RUSSIA 192

14.3.6.1  Government-backed infrastructure modernization projects to

create opportunities              192

14.3.7      POLAND               192

14.3.7.1  Growing e-commerce and logistics & warehousing sectors to

propel market        192

14.3.8      REST OF EUROPE             193

14.4         ASIA PACIFIC     194

14.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 194

14.4.2      CHINA  198

14.4.2.1  Retail, healthcare, and logistics & warehousing industries to be

key contributors to market growth     198

14.4.3      JAPAN   199

14.4.3.1  Growing deployment of smart ticketing solutions in public transportation to augment market growth        199

14.4.4      SOUTH KOREA  200

14.4.4.1  Rising adoption of smart manufacturing to maintain high production standards and reduce downtime to drive market        200

14.4.5      INDIA    200

14.4.5.1  Increasing use of automated toll collection systems to

support market growth        200

14.4.6      AUSTRALIA & NEW ZEALAND     201

14.4.6.1  Elevating use of digital technology in agriculture, retail,

and healthcare sectors to foster market growth                201

14.4.7      ASEAN  202

14.4.7.1  Growing adoption in logistics & warehousing, retail, animal tracking, and agriculture sectors to accelerate market growth      202

14.4.8      REST OF ASIA PACIFIC   203

14.5         REST OF THE WORLD (ROW)      203

14.5.1      MACROECONOMIC OUTLOOK FOR ROW              203

14.5.2      MIDDLE EAST & AFRICA                205

14.5.2.1  GCC       206

14.5.2.1.1                Heavy investments in advanced healthcare technologies

to support market growth    206

14.5.2.2  South Africa           207

14.5.2.2.1                High demand from retail and healthcare sectors to contribute to market growth               207

14.5.2.3  Turkey    208

14.5.2.3.1                Growing use of RFID in commercial laundries and hospitality facilities to track and manage assets to

drive market          208

14.5.2.3.2                Rest of Middle East & Africa               209

14.5.3      SOUTH AMERICA             209

14.5.3.1  Brazil      210

14.5.3.1.1                Rising focus of retailers on achieving real-time inventory visibility to reduce stockouts and loss to boost demand                 210

14.5.3.2  Rest of South America         210

15            COMPETITIVE LANDSCAPE         211

15.1         OVERVIEW          211

15.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 211

15.3         REVENUE ANALYSIS, 2019–2023  212

15.4         MARKET SHARE ANALYSIS, 2024                 213

15.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 215

15.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 216

15.6.1      STARS   216

15.6.2      EMERGING LEADERS     216

15.6.3      PERVASIVE PLAYERS      217

15.6.4      PARTICIPANTS 217

15.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         218

15.6.5.1  Company footprint               218

15.6.5.2  Region footprint   219

15.6.5.3  Offering footprint 220

15.6.5.4  Frequency footprint              221

15.6.5.5  Application footprint            222

15.6.5.6  Vertical footprint  223

15.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        224

15.7.1      PROGRESSIVE COMPANIES         224

15.7.2      RESPONSIVE COMPANIES            224

15.7.3      DYNAMIC COMPANIES  224

15.7.4      STARTING BLOCKS         224

15.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 226

15.7.5.1  Detailed list of startups/SMEs           226

15.7.5.2  Competitive benchmarking of key startups/SMEs          227

15.8         BRAND/PRODUCT COMPARISON             228

15.9         COMPETITIVE SCENARIO             229

15.9.1      PRODUCT LAUNCHES   229

15.9.2      DEALS  230

15.9.3      EXPANSIONS     231

16            COMPANY PROFILES      233

16.1         INTRODUCTION              233

16.2         KEY PLAYERS     233

16.2.1      ZEBRA TECHNOLOGIES CORP.  233

16.2.1.1  Business overview 233

16.2.1.2  Products/Solutions/Services offered 234

16.2.1.3  Recent developments           235

16.2.1.3.1                Product launches  235

16.2.1.3.2                Deals      236

16.2.1.4  MnM view              236

16.2.1.4.1                Key strengths/Right to win 236

16.2.1.4.2                Strategic choices   236

16.2.1.4.3                Weaknesses/Competitive threats       236

16.2.2      HONEYWELL INTERNATIONAL INC.        237

16.2.2.1  Business overview 237

16.2.2.2  Products/Solutions/Services offered 238

16.2.2.3  MnM view              239

16.2.2.3.1                Key strengths/Right to win 239

16.2.2.3.2                Strategic choices   239

16.2.2.3.3                Weaknesses/Competitive threats       239

16.2.3      AVERY DENNISON CORPORATION           240

16.2.3.1  Business overview 240

16.2.3.2  Products/Solutions/Services offered 241

16.2.3.3  Recent developments           243

16.2.3.3.1                Product launches  243

16.2.3.3.2                Deals      245

16.2.3.3.3                Other developments             247

16.2.3.4  MnM view              247

16.2.3.4.1                Key strengths/Right to win 247

16.2.3.4.2                Strategic choices   248

16.2.3.4.3                Weaknesses/Competitive threats       248

16.2.4      HID GLOBAL CORPORATION     249

16.2.4.1  Business overview 249

16.2.4.2  Products/Solutions/Services offered 250

16.2.4.3  Recent developments           251

16.2.4.3.1                Product launches  251

16.2.4.3.2                Deals      252

16.2.4.4  MnM view              255

16.2.4.4.1                Key strengths/Right to win 255

16.2.4.4.2                Strategic choices   255

16.2.4.4.3                Weaknesses/Competitive threats       255

16.2.5      DATALOGIC S.P.A.           256

16.2.5.1  Business overview 256

16.2.5.2  Products/Solutions/Services offered 257

16.2.5.3  MnM view              258

16.2.5.3.1                Key strengths/Right to win 258

16.2.5.3.2                Strategic choices   258

16.2.5.3.3                Weaknesses/Competitive threats       258

16.2.6      IMPINJ, INC.       259

16.2.6.1  Business overview 259

16.2.6.2  Products/Solutions/Services offered 260

16.2.6.3  Recent developments           261

16.2.6.3.1                Product launches  261

16.2.7      ALIEN TECHNOLOGY, LLC           263

16.2.7.1  Business overview 263

16.2.7.2  Products/Solutions/Services offered 264

16.2.8      CAEN RFID S.R.L.              265

16.2.8.1  Business overview 265

16.2.8.2  Products/Solutions/Services offered 265

16.2.8.3  Recent developments           266

16.2.8.3.1                Product launches  266

16.2.8.3.2                Deals      267

16.2.8.3.3                Expansions             267

16.2.9      GAO RFID INC.  268

16.2.9.1  Business overview 268

16.2.9.2  Products/Solutions/Services offered 268

16.2.10   XEMELGO, INC. 270

16.2.10.1                 Business overview 270

16.2.10.2                 Products/solutions/services offered  270

16.2.10.3                 Recent developments           271

16.2.10.3.1             Product launches  271

16.2.10.3.2             Deals      272

16.3         OTHER PLAYERS              273

16.3.1      INVENGO INFORMATION TECHNOLOGY CO., LTD.                 273

16.3.2      MOJIX   274

16.3.3      SAG SECURITAG ASSEMBLY GROUP CO., LTD.   275

16.3.4      LINXENS               276

16.3.5      CHECKPOINT SYSTEMS, INC.      277

16.3.6      IDENTIV, INC.    278

16.3.7      NEDAP N.V.        279

16.3.8      JADAK   280

16.3.9      UNITECH ELECTRONICS CO., LTD.          281

16.3.10   INFOTEK SOFTWARE & SYSTEMS (P) LTD.            282

16.3.11   BARTRONICS INDIA LIMITED    283

16.3.12   BARTECH DATA SYSTEMS PVT. LTD.      284

16.3.13   GLOBERANGER 285

16.3.14   ORBCOMM INC.                286

16.3.15   BEONTAG           287

16.3.16   CORERFID           288

16.3.17   TAGMASTER NORTH AMERICA 289

16.3.18   RFID, INC.            290

17            APPENDIX           291

17.1         INSIGHTS FROM INDUSTRY EXPERTS     291

17.2         DISCUSSION GUIDE        291

17.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                296

17.4         CUSTOMIZATION OPTIONS        298

17.5         RELATED REPORTS         298

17.6         AUTHOR DETAILS           299

LIST OF TABLES

TABLE 1                RFID MARKET: RESEARCH ASSUMPTIONS                 41

TABLE 2                RFID MARKET: RISK ASSESSMENT            42

TABLE 3                ROLE OF COMPANIES IN RFID ECOSYSTEM                 73

TABLE 4                AVERAGE SELLING PRICE TREND OF RFID TAGS OFFERED BY KEY PLAYERS, 2021–2024 (USD)       79

TABLE 5                AVERAGE SELLING PRICE TREND OF RFID READERS OFFERED BY KEY PLAYERS, 2021–2024 (USD)   79

TABLE 6               AVERAGE SELLING PRICE TREND OF RFID TAGS, BY REGION, 2021–2024 (USD)      80

TABLE 7                AVERAGE SELLING PRICE TREND OF RFID READERS, BY REGION,

2021–2024 (USD)                81

TABLE 8                RFID MARKET: IMPACT OF PORTER’S FIVE FORCES                82

TABLE 9                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)                 85

TABLE 10              KEY BUYING CRITERIA, BY APPLICATION                 86

TABLE 11              IMPORT DATA FOR HS CODE 8523-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)            88

TABLE 12              EXPORT DATA FOR HS CODE 8523-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)            89

TABLE 13              LIST OF MAJOR PATENTS, 2023–2024        91

TABLE 14              MFN IMPORT TARIFFS FOR HS CODE 8523-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           93

TABLE 15              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  93

TABLE 16              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  94

TABLE 17              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  94

TABLE 18              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  94

TABLE 19              RFID MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2026           95

TABLE 20              RFID MARKET, BY OFFERING, 2021–2024 (USD MILLION)            99

TABLE 21              RFID MARKET, BY OFFERING, 2025–2033 (USD MILLION)            100

TABLE 22              TAGS: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 101

TABLE 23              TAGS: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION) 102

TABLE 24              TAGS: RFID MARKET FOR AUTOMOTIVE VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            102

TABLE 25              TAGS: RFID MARKET FOR AUTOMOTIVE VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            102

TABLE 26              TAGS: RFID MARKET FOR HEALTHCARE VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            103

TABLE 27              TAGS: RFID MARKET FOR HEALTHCARE VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            103

TABLE 28              TAGS: RFID MARKET FOR AGRICULTURE VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            103

TABLE 29              TAGS: RFID MARKET FOR AGRICULTURE VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            104

TABLE 30              TAGS: RFID MARKET FOR RETAIL VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            104

TABLE 31              TAGS: RFID MARKET FOR RETAIL VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            104

TABLE 32              TAGS: RFID MARKET FOR ENTERTAINMENT VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            104

TABLE 33              TAGS: RFID MARKET FOR ENTERTAINMENT VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            105

TABLE 34              TAGS: RFID MARKET FOR LOGISTICS & WAREHOUSING VERTICAL,

BY FORM FACTOR, 2021–2024 (USD MILLION)     105

TABLE 35              TAGS: RFID MARKET FOR LOGISTICS & WAREHOUSING VERTICAL,

BY FORM FACTOR, 2025–2033 (USD MILLION)     105

TABLE 36              TAGS: RFID MARKET FOR ANIMAL TRACKING VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            106

TABLE 37              TAGS: RFID MARKET FOR ANIMAL TRACKING VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            106

TABLE 38              TAGS: RFID MARKET FOR AEROSPACE & DEFENSE VERTICAL, BY FORM FACTOR, 2021–2024 (USD MILLION)            106

TABLE 39              TAGS: RFID MARKET FOR AEROSPACE & DEFENSE VERTICAL, BY FORM FACTOR, 2025–2033 (USD MILLION)            106

TABLE 40              TAGS: RFID MARKET FOR TRANSPORTATION VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            107

TABLE 41              TAGS: RFID MARKET FOR TRANSPORTATION VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            107

TABLE 42              TAGS: RFID MARKET FOR FOOD VERTICAL, BY FORM FACTOR,

2021–2024 (USD MILLION)            107

TABLE 43              TAGS: RFID MARKET FOR FOOD VERTICAL, BY FORM FACTOR,

2025–2033 (USD MILLION)            108

TABLE 44              TAGS: RFID MARKET FOR OTHER VERTICALS, BY FORM FACTOR,

2021–2024 (USD MILLION)            108

TABLE 45              TAGS: RFID MARKET FOR OTHER VERTICALS, BY FORM FACTOR,

2025–2033 (USD MILLION)            108

TABLE 46              RFID MARKET, BY TAG TYPE, 2021–2024 (USD MILLION)            113

TABLE 47              RFID MARKET, BY TAG TYPE, 2025–2033 (USD MILLION)            113

TABLE 48              RFID MARKET, BY TAG TYPE, 2021–2024 (MILLION UNITS)             114

TABLE 49              RFID MARKET, BY TAG TYPE, 2025–2033 (MILLION UNITS)             114

TABLE 50              PASSIVE: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)       115

TABLE 51              PASSIVE: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)       115

TABLE 52              ACTIVE: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)       117

TABLE 53              ACTIVE: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)       117

TABLE 54              RFID MARKET, BY WAFER SIZE, 2021–2024 (USD MILLION)            119

TABLE 55              RFID MARKET, BY WAFER SIZE, 2025–2033 (USD MILLION)            120

TABLE 56              RFID MARKET, BY MATERIAL, 2021–2024 (USD MILLION)            124

TABLE 57              RFID MARKET, BY MATERIAL, 2025–2033 (USD MILLION)            125

TABLE 58              RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)            129

TABLE 59              RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)            129

TABLE 60              LOW FREQUENCY: RFID MARKET, BY TAG TYPE, 2021–2024 (USD MILLION)            130

TABLE 61              LOW FREQUENCY: RFID MARKET, BY TAG TYPE, 2025–2033 (USD MILLION)            131

TABLE 62              LOW FREQUENCY: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            131

TABLE 63              LOW FREQUENCY: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            131

TABLE 64             HIGH FREQUENCY: RFID MARKET, BY TAG TYPE, 2021–2024 (USD MILLION)            132

TABLE 65             HIGH FREQUENCY: RFID MARKET, BY TAG TYPE, 2025–2033 (USD MILLION)            132

TABLE 66             HIGH FREQUENCY: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            132

TABLE 67             HIGH FREQUENCY: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            133

TABLE 68              ULTRA-HIGH FREQUENCY: RFID MARKET, BY TAG TYPE,

2021–2024 (USD MILLION)            134

TABLE 69              ULTRA-HIGH FREQUENCY: RFID MARKET, BY TAG TYPE,

2025–2033 (USD MILLION)            134

TABLE 70              ULTRA-HIGH FREQUENCY: RFID MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            134

TABLE 71              ULTRA-HIGH FREQUENCY: RFID MARKET, BY VERTICAL,

2025–2033 (USD MILLION)            134

TABLE 72              RFID MARKET, BY FORM FACTOR, 2021–2024 (USD MILLION) 136

TABLE 73              RFID MARKET, BY FORM FACTOR, 2025–2033 (USD MILLION) 137

TABLE 74              CARD: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 138

TABLE 75              CARD: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION) 138

TABLE 76              LABEL: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 140

TABLE 77              LABEL: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION) 140

TABLE 78             KEY FOB & TOKEN: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            141

TABLE 79             KEY FOB & TOKEN: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            142

TABLE 80              BAND: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 142

TABLE 81              BAND: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION) 143

TABLE 82              PAPER & INLAY: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            143

TABLE 83              PAPER & INLAY: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            144

TABLE 84              IMPLANTABLE: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            144

TABLE 85              IMPLANTABLE: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            145

TABLE 86              OTHER FORM FACTORS: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)     146

TABLE 87              OTHER FORM FACTORS: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)     146

TABLE 88              RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 148

TABLE 89              RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION) 149

TABLE 90              INVENTORY & ASSET MANAGEMENT: RFID MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            150

TABLE 91              INVENTORY & ASSET MANAGEMENT: RFID MARKET, BY VERTICAL,

2025–2033 (USD MILLION)            150

TABLE 92              SECURITY & ACCESS CONTROL: RFID MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            151

TABLE 93              SECURITY & ACCESS CONTROL: RFID MARKET, BY VERTICAL,

2025–2033 (USD MILLION)            152

TABLE 94              OTHER APPLICATIONS: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)     153

TABLE 95              OTHER APPLICATIONS: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)     153

TABLE 96              RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            156

TABLE 97              RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            156

TABLE 98              AUTOMOTIVE: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)            158

TABLE 99              AUTOMOTIVE: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)            158

TABLE 100            AUTOMOTIVE: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)       158

TABLE 101            AUTOMOTIVE: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)       158

TABLE 102          AUTOMOTIVE: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            159

TABLE 103          AUTOMOTIVE: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)            159

TABLE 104            HEALTHCARE: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)            160

TABLE 105            HEALTHCARE: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)            160

TABLE 106            HEALTHCARE: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)       160

TABLE 107            HEALTHCARE: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)       160

TABLE 108            HEALTHCARE: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            161

TABLE 109            HEALTHCARE: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)            161

TABLE 110            AGRICULTURE: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)            162

TABLE 111            AGRICULTURE: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)            162

TABLE 112            AGRICULTURE: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            162

TABLE 113            AGRICULTURE: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            162

TABLE 114            AGRICULTURE: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              163

TABLE 115            AGRICULTURE: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)              163

TABLE 116            FOOD: RFID MARKET, BY REGION, 2021–2024 (USD MILLION) 164

TABLE 117            FOOD: RFID MARKET, BY REGION, 2025–2033 (USD MILLION) 164

TABLE 118            FOOD: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)       164

TABLE 119            FOOD: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)       165

TABLE 120            RETAIL: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)       166

TABLE 121            RETAIL: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION)       166

TABLE 122            RETAIL: RFID MARKET, BY REGION, 2021–2024 (USD MILLION) 166

TABLE 123            RETAIL: RFID MARKET, BY REGION, 2025–2033 (USD MILLION) 166

TABLE 124            RETAIL: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)       167

TABLE 125            RETAIL: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)       167

TABLE 126            RETAIL: RFID MARKET, BY PRODUCT, 2021–2024 (USD MILLION) 167

TABLE 127            RETAIL: RFID MARKET, BY PRODUCT, 2025–2033 (USD MILLION) 167

TABLE 128            TRANSPORTATION: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            169

TABLE 129            TRANSPORTATION: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            169

TABLE 130            TRANSPORTATION: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              170

TABLE 131            TRANSPORTATION: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)              170

TABLE 132            ANIMAL TRACKING: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION) 171

TABLE 133            ANIMAL TRACKING: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION) 171

TABLE 134            ANIMAL TRACKING: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            171

TABLE 135            ANIMAL TRACKING: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            171

TABLE 136            AEROSPACE & DEFENSE: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)          172

TABLE 137            AEROSPACE & DEFENSE: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)          172

TABLE 138            AEROSPACE & DEFENSE: RFID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            173

TABLE 139            AEROSPACE & DEFENSE: RFID MARKET, BY APPLICATION,

2025–2033 (USD MILLION)            173

TABLE 140            ENTERTAINMENT: RFID MARKET, BY FREQUENCY, 2021–2024 (USD MILLION) 173

TABLE 141            ENTERTAINMENT: RFID MARKET, BY FREQUENCY, 2025–2033 (USD MILLION) 174

TABLE 142            ENTERTAINMENT: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            174

TABLE 143            ENTERTAINMENT: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            174

TABLE 144            LOGISTICS & WAREHOUSING: RFID MARKET, BY FREQUENCY,

2021–2024 (USD MILLION)            175

TABLE 145            LOGISTICS & WAREHOUSING: RFID MARKET, BY FREQUENCY,

2025–2033 (USD MILLION)            175

TABLE 146            LOGISTICS & WAREHOUSING: RFID MARKET, BY REGION,

2021–2024 (USD MILLION)            175

TABLE 147            LOGISTICS & WAREHOUSING: RFID MARKET, BY REGION,

2025–2033 (USD MILLION)            176

TABLE 148            LOGISTICS & WAREHOUSING: RFID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            176

TABLE 149            LOGISTICS & WAREHOUSING: RFID MARKET, BY APPLICATION,

2025–2033 (USD MILLION)            176

TABLE 150            OTHER VERTICALS: RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            177

TABLE 151            OTHER VERTICALS: RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            177

TABLE 152            OTHER VERTICALS: RFID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              177

TABLE 153            OTHER VERTICALS: RFID MARKET, BY APPLICATION, 2025–2033 (USD MILLION)              177

TABLE 154            RFID MARKET, BY REGION, 2021–2024 (USD MILLION)            179

TABLE 155            RFID MARKET, BY REGION, 2025–2033 (USD MILLION)            180

TABLE 156            NORTH AMERICA: RFID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            182

TABLE 157            NORTH AMERICA: RFID MARKET, BY COUNTRY, 2025–2033 (USD MILLION)            183

TABLE 158            NORTH AMERICA: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            183

TABLE 159            NORTH AMERICA: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            184

TABLE 160            EUROPE: RFID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)       188

TABLE 161            EUROPE: RFID MARKET, BY COUNTRY, 2025–2033 (USD MILLION)       188

TABLE 162            EUROPE: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)       189

TABLE 163            EUROPE: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)       189

TABLE 164            ASIA PACIFIC: RFID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            196

TABLE 165            ASIA PACIFIC: RFID MARKET, BY COUNTRY, 2025–2033 (USD MILLION)            196

TABLE 166            ASIA PACIFIC: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            197

TABLE 167            ASIA PACIFIC: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION)            197

TABLE 168            ROW: RFID MARKET, BY REGION, 2021–2024 (USD MILLION) 204

TABLE 169            ROW: RFID MARKET, BY REGION, 2025–2033 (USD MILLION) 204

TABLE 170            ROW: RFID MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 204

TABLE 171            ROW: RFID MARKET, BY VERTICAL, 2025–2033 (USD MILLION) 205

TABLE 172            MIDDLE EAST & AFRICA: RFID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     206

TABLE 173            MIDDLE EAST & AFRICA: RFID MARKET, BY COUNTRY, 2025–2033 (USD MILLION)     206

TABLE 174            SOUTH AMERICA: RFID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            209

TABLE 175            SOUTH AMERICA: RFID MARKET, BY COUNTRY, 2025–2033 (USD MILLION)            210

TABLE 176            RFID MARKET: KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 211

TABLE 177            RFID MARKET: MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024                213

TABLE 178            RFID MARKET: REGION FOOTPRINT       219

TABLE 179            RFID MARKET: OFFERING FOOTPRINT  220

TABLE 180            RFID MARKET: FREQUENCY FOOTPRINT                 221

TABLE 181            RFID MARKET: APPLICATION FOOTPRINT                 222

TABLE 182            RFID MARKET: VERTICAL FOOTPRINT  223

TABLE 183            RFID MARKET: KEY STARTUPS/SMES      226

TABLE 184            RFID MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              227

TABLE 185            RFID MARKET: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2024     229

TABLE 186            RFID MARKET: DEALS, JANUARY 2020–DECEMBER 2024                230

TABLE 187            RFID MARKET: EXPANSIONS, JANUARY 2020–DECEMBER 2024                231

TABLE 188            ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW          233

TABLE 189            ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    234

TABLE 190            ZEBRA TECHNOLOGIES CORP.: PRODUCT LAUNCHES          235

TABLE 191            ZEBRA TECHNOLOGIES CORP.: DEALS  236

TABLE 192            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          237

TABLE 193            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    238

TABLE 194            AVERY DENNISON CORPORATION: COMPANY OVERVIEW          240

TABLE 195            AVERY DENNISON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    241

TABLE 196            AVERY DENNISON CORPORATION: PRODUCT LAUNCHES          243

TABLE 197            AVERY DENNISON CORPORATION: DEALS                 245

TABLE 198            AVERY DENNISON CORPORATION: OTHER DEVELOPMENTS              247

TABLE 199            HID GLOBAL CORPORATION: COMPANY OVERVIEW          249

TABLE 200            HID GLOBAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    250

TABLE 201            HID GLOBAL CORPORATION: PRODUCT LAUNCHES          251

TABLE 202            HID GLOBAL CORPORATION: DEALS     252

TABLE 203            DATALOGIC S.P.A.: COMPANY OVERVIEW                 256

TABLE 204            DATALOGIC S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    257

TABLE 205            IMPINJ, INC.: COMPANY OVERVIEW        259

TABLE 206            IMPINJ, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 207            IMPINJ, INC.: PRODUCT LAUNCHES        261

TABLE 208            ALIEN TECHNOLOGY, LLC: COMPANY OVERVIEW          263

TABLE 209            ALIEN TECHNOLOGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    264

TABLE 210            CAEN RFID S.R.L.: COMPANY OVERVIEW                 265

TABLE 211            CAEN RFID S.R.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    265

TABLE 212            CAEN RFID S.R.L.: PRODUCT LAUNCHES                 266

TABLE 213            CAEN RFID S.R.L.: DEALS              267

TABLE 214            CAEN RFID S.R.L.: EXPANSIONS 267

TABLE 215            GAO GROUP: COMPANY OVERVIEW       268

TABLE 216            GAO RFID INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    268

TABLE 217            XEMELGO, INC.: COMPANY OVERVIEW 270

TABLE 218            XEMELGO, INC.: PRODUCTS/SOLUTIONS/SERVICES         270

TABLE 219            XEMELGO, INC.: PRODUCT LAUNCHES 271

TABLE 220            XEMELGO, INC.: DEALS 272

TABLE 221            INVENGO INFORMATION TECHNOLOGY CO., LTD.: COMPANY OVERVIEW       273

TABLE 222            MOJIX: COMPANY OVERVIEW    274

TABLE 223            SAG SECURITAG ASSEMBLY GROUP CO., LTD.: COMPANY OVERVIEW   275

TABLE 224            LINXENS: COMPANY OVERVIEW               276

TABLE 225            CHECKPOINT SYSTEMS, INC.: COMPANY OVERVIEW          277

TABLE 226            IDENTIV, INC.: COMPANY OVERVIEW    278

TABLE 227            NEDAP N.V.: COMPANY OVERVIEW         279

TABLE 228            JADAK: COMPANY OVERVIEW   280

TABLE 229            UNITECH ELECTRONICS CO., LTD.: COMPANY OVERVIEW          281

TABLE 230            INFOTEK SOFTWARE & SYSTEMS (P) LTD.: COMPANY OVERVIEW   282

TABLE 231            BARTRONICS INDIA LIMITED: COMPANY OVERVIEW          283

TABLE 232            BARTECH DATA SYSTEMS PVT. LTD.: COMPANY OVERVIEW          284

TABLE 233            GLOBERANGER: COMPANY OVERVIEW 285

TABLE 234            ORBCOMM INC.: COMPANY OVERVIEW 286

TABLE 235            BEONTAG: COMPANY OVERVIEW            287

TABLE 236            CORERFID: COMPANY OVERVIEW            288

TABLE 237            TAGMASTER NORTH AMERICA: COMPANY OVERVIEW          289

TABLE 238            RFID, INC.: COMPANY OVERVIEW             290

LIST OF FIGURES

FIGURE 1              RFID MARKET SEGMENTATION AND REGIONAL SCOPE  27

FIGURE 2              RFID MARKET: RESEARCH DESIGN          31

FIGURE 3              RFID MARKET: BOTTOM-UP APPROACH                 37

FIGURE 4              RFID MARKET: TOP-DOWN APPROACH 38

FIGURE 5              MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS            39

FIGURE 6              MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS            40

FIGURE 7              RFID MARKET: DATA TRIANGULATION 41

FIGURE 8              RFID MARKET SNAPSHOT, 2025–2033       43

FIGURE 9              TAGS SEGMENT TO HOLD PROMINENT SHARE OF RFID MARKET,

BY OFFERING, IN 2033    44

FIGURE 10            PASSIVE SEGMENT TO HOLD LARGER SHARE OF RFID MARKET,

BY TAG TYPE, IN 2033     44

FIGURE 11            LABEL SEGMENT TO HOLD MAJOR SHARE OF RFID MARKET,

BY FORM FACTOR, IN 2033           45

FIGURE 12            ULTRA-HIGH FREQUENCY SEGMENT TO WITNESS HIGHEST CAGR IN RFID MARKET, BY FREQUENCY, FROM 2025 TO 2033          46

FIGURE 13            PAPER SEGMENT TO LEAD RFID MARKET, BY MATERIAL, IN 2033           46

FIGURE 14            OTHER WAFER SIZES SEGMENT TO SECURE LARGEST MARKET SHARE IN 2033             47

FIGURE 15            INVENTORY & ASSET MANAGEMENT SEGMENT TO HOLD MAJOR SHARE OF

RFID MARKET, BY APPLICATION, FROM 2025 TO 2033     47

FIGURE 16            RETAIL SEGMENT TO CAPTURE MAJORITY OF MARKET SHARE, IN 2033                48

FIGURE 17            ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD    49

FIGURE 18            RISING DEMAND FOR REAL-TIME TRACKING AND MONITORING TO DRIVE MARKET 50

FIGURE 19            TAGS TO RECORD HIGHEST CAGR IN RFID MARKET FROM 2025 TO 2033       50

FIGURE 20            PASSIVE RFID TAGS TO WITNESS HIGHER CAGR DURING FORECAST PERIOD       51

FIGURE 21            LABEL SEGMENT TO RECORD HIGHEST CAGR IN RFID MARKET

FROM 2025 TO 2033          51

FIGURE 22            ULTRA-HIGH FREQUENCY SEGMENT TO REGISTER HIGHEST CAGR

BETWEEN 2025 AND 2033               52

FIGURE 23            PAPER SEGMENT TO RECORD FASTEST GROWTH IN RFID MARKET

DURING FORECAST PERIOD       52

FIGURE 24            12-INCH SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD       53

FIGURE 25            INVENTORY & ASSET MANAGEMENT APPLICATIONS TO HOLD

MAJORITY OF MARKET SHARE IN 2025   53

FIGURE 26            ENTERTAINMENT TO BE FASTEST-GROWING VERTICAL DURING FORECAST PERIOD 54

FIGURE 27            NORTH AMERICA TO LEAD RFID MARKET IN 2025        54

FIGURE 28            AUSTRALIA & NEW ZEALAND TO REGISTER HIGHEST CAGR IN

GLOBAL RFID MARKET DURING FORECAST PERIOD       55

FIGURE 29            RFID MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES     56

FIGURE 30            YEARLY DATA FOR FASTAG UNITS DEPLOYED AND REVENUE

COLLECTED THROUGH RFID-ENABLED ETC ON NATIONAL HIGHWAYS         59

FIGURE 31            IMPACT ANALYSIS OF DRIVERS ON RFID MARKET               61

FIGURE 32            IDENTITY THEFT CASES, Q1–Q3 IN 2024                 63

FIGURE 33            IMPACT ANALYSIS OF RESTRAINTS ON RFID MARKET               65

FIGURE 34            IMPACT ANALYSIS OF OPPORTUNITIES ON RFID MARKET   67

FIGURE 35            IMPACT ANALYSIS OF CHALLENGES ON RFID MARKET               69

FIGURE 36            RFID VALUE CHAIN PARTICIPANTS         70

FIGURE 37            RFID ECOSYSTEM            72

FIGURE 38            INVESTMENT AND FUNDING SCENARIO, 2020–2024        73

FIGURE 39            TRENDS AND DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   74

FIGURE 40            AVERAGE SELLING PRICE TREND OF RFID TAGS OFFERED

BY KEY PLAYERS, 2021–2024          78

FIGURE 41            AVERAGE SELLING PRICE TREND OF RFID READERS OFFERED

BY KEY PLAYERS, 2021–2024          79

FIGURE 42           AVERAGE SELLING PRICE TREND OF RFID TAGS, BY REGION, 2021–2024    80

FIGURE 43            AVERAGE SELLING PRICE TREND OF RFID READERS, BY REGION, 2021–2024                81

FIGURE 44            RFID MARKET: PORTER’S FIVE FORCES ANALYSIS            82

FIGURE 45            IMPACT OF PORTER’S FIVE FORCES        83

FIGURE 46            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        85

FIGURE 47            KEY BUYING CRITERIA, BY APPLICATION                 85

FIGURE 48            IMPORT SCENARIO FOR HS CODE 8523-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                88

FIGURE 49            EXPORT SCENARIO FOR HS CODE 8523-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                89

FIGURE 50            PATENTS ANALYSIS        90

FIGURE 51            IMPACT OF AI/GEN AI ON RFID MARKET                 97

FIGURE 52            TAGS TO DOMINATE RFID MARKET THROUGHOUT FORECAST PERIOD        99

FIGURE 53            PASSIVE RFID TAGS TO LEAD MARKET IN 2033                 113

FIGURE 54            12-INCH SEGMENT TO RECORD FASTEST GROWTH DURING FORECAST PERIOD  119

FIGURE 55            PAPER SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD       124

FIGURE 56            HIGH FREQUENCY SEGMENT TO HOLD LARGEST MARKET SHARE IN 2033             129

FIGURE 57            LABEL SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD       136

FIGURE 58            INVENTORY & ASSET MANAGEMENT SEGMENT TO SECURE

LARGEST MARKET SHARE IN 2033             148

FIGURE 59            RETAIL VERTICAL TO HOLD LARGEST MARKET SHARE IN 2025   155

FIGURE 60            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN RFID MARKET

BETWEEN 2025 AND 2033               179

FIGURE 61            NORTH AMERICA: RFID MARKET SNAPSHOT                 182

FIGURE 62            EUROPE: RFID MARKET SNAPSHOT        187

FIGURE 63            ASIA PACIFIC: RFID MARKET SNAPSHOT                 195

FIGURE 64            REVENUE ANALYSIS OF KEY PLAYERS IN RFID MARKET, 2019–2023          213

FIGURE 65            RFID MARKET SHARE ANALYSIS, 2024     214

FIGURE 66            COMPANY VALUATION, 2024      215

FIGURE 67            FINANCIAL METRICS, 2024            216

FIGURE 68            RFID MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     217

FIGURE 69            RFID MARKET: COMPANY FOOTPRINT 218

FIGURE 70            RFID MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023               225

FIGURE 71            RFID MARKET: BRAND/PRODUCT COMPARISON   228

FIGURE 72            ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT          234

FIGURE 73            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          238

FIGURE 74            AVERY DENNISON CORPORATION: COMPANY SNAPSHOT          241

FIGURE 75            DATALOGIC S.P.A.: COMPANY SNAPSHOT                 257

FIGURE 76            IMPINJ, INC.: COMPANY SNAPSHOT        259