South America news

Radio Frequency Identification (RFID) Market to Develop by USD 7.86 Bn

The radio frequency identification (RFID) market dimension is predicted to develop by USD 7.86 bn from 2020 to 2025. The expansion momentum of the market will speed up at a CAGR of 10.07% throughout this era.

Regional Evaluation

  • 40% of the expansion will originate from APAC.
  • China is a key nation for the radio frequency identification (RFID) market in APAC.
  • Market progress on this area will probably be sooner than the expansion of the market in North America, Europe, South America, and MEA.

For extra details about the contribution of every area of the market, View Our Free Pattern 

Notes:

  • The radio frequency identification (RFID) market dimension is predicted to speed up at a CAGR of 10.07% in the course of the forecast interval.
  • The radio frequency identification (RFID) market is segmented by product (RFID tags, middleware, passive RFID techniques, and energetic RFID techniques), end-user (industrial, BFSI, retail, logistics, and others), and geography (North America, APAC, Europe, South America, and MEA).
  • The market is fragmented as a result of presence of many distributors holding important market share.
  • The report provides data on a number of market distributors, together with Alien Expertise LLC, CoreRFID Ltd., Datalogic Spa, eAgile Inc., Honeywell Worldwide Inc., Impinj Inc., Mojix Inc., NXP Semiconductors NV, Siemens AG, and Zebra Applied sciences Corp.

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Associated Stories:

  • VPN Market: The VPN Market has been segmented by sort (MPLS, IP, and others) and geography (North America, Europe, APAC, South America, and MEA). Obtain Free Pattern Report
  • IoT Chip Market: The IoT Chip Market has been segmented by software (sensible cities, industrial ethernet, sensible wearables, linked automobiles, and linked properties) and geography (APAC, North America, Europe, South America, and MEA). Obtain Free Pattern Report

Radio Frequency Identification (RFID) Market Scope

Report Protection

Particulars

Web page quantity

120

Base yr

2020

Forecast interval

2021-2025

Development momentum & CAGR

Speed up at a CAGR of 10.07%

Market progress 2021-2025

USD 7.86 billion

Market construction

Fragmented

YoY progress (%)

8.85

Regional evaluation

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key shopper international locations

US, China, UK, Canada, and Germany

Aggressive panorama

Main corporations, aggressive methods, shopper engagement scope

Firms profiled

Alien Expertise LLC, CoreRFID Ltd., Datalogic Spa, eAgile Inc., Honeywell Worldwide Inc., Impinj Inc., Mojix Inc., NXP Semiconductors NV, Siemens AG, and Zebra Applied sciences Corp.

Market Dynamics

Mum or dad market evaluation, Market progress inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID-19 affect and future shopper dynamics, market situation evaluation for the forecast interval

Customization purview

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About Us
Technavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and gives actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, overlaying 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in current and potential markets and assess their aggressive positions inside altering market situations.

Contact
Technavio Analysis
Jesse Maida
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UK: +44 203 893 3200
E-mail: [email protected]
Web site: www.technavio.com/

SOURCE Technavio

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