Global RFID Market Trends, Application, and Regional Forecast to 2029 (Business Opportunities - Other Business Ads)

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Global RFID Market Trends, Application, and Regional Forecast to 2029


Bharat Book Bureau Provides the Trending Market Research Report on “RFID Market by Component (Hardware (Printers, Antenna, Readers, Labels, Card, Tags, Implant), Software), Frequency (Ultra-high Frequency), Type (Active, Passive), End-user (Transportation & Logistics, Retail), and Geography - Global Forecasts to 2029” under the Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
RFID Market by Component (Hardware (Printers, Antenna, Readers, Labels, Card, Tags, Implant), Software), Frequency (Ultra-high Frequency), Type (Active, Passive), End-user (Transportation & Logistics, Retail), and Geography - Global Forecasts to 2029

The research report titled, “RFID Market by Component (Hardware (Printers, Antenna, Readers, Labels, Card, Tags, Implant), Software), Frequency (Ultra-high Frequency), Type (Active, Passive), End-user (Transportation & Logistics, Retail), and Geography — Global Forecasts to 2029”, provides in-depth analysis of the RFID market across five major geographies and emphasizes on the current market dynamics, market trends, market sizes, market shares, recent developments, and forecasts till 2029.

The global RFID market is expected to reach $31.4 billion by 2029, growing at a CAGR of 9.7% during the forecast period of 2022–2029.

The growth of this market is attributed to the increasing demand for RFID technology to manage inventory, growing government investments in AIDC technology, and the rising adoption of RFID systems in the retail, healthcare, manufacturing, and transportation sectors. In addition, the increasing significance of RFID tags for shipping, receiving products, and asset tracking in the transportation & logistics industry is also driving the market's growth. The rise in the adoption of RFID tags for Industry 4.0 and smart manufacturing is expected to offer significant growth opportunities for this market. However, the high capital expenditure for deploying RFID restrains the growth of this market up to a certain extent.

Browse our full report with Table of Content:
https://www.bharatbook.com/report/1371418/rfid-market-by-component-hardware-printers-antenna-readers-labels-card-tags-implant-software-frequency-ultra-high-frequency-type-active-passive-end-user-transportation-logistics-retail-and-geography-global-forecasts-to
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Last Update : Sep 13, 2022 5:28 AM
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