Radio Frequency Identification Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Radio Frequency Identification Market size is expected to grow at an annual average of 9% during 2021-2027. RFID (Radio Frequency Identification) is a technology that uses radio frequency electromagnetic or electrostatic fields to identify a tagged object when it comes close to a reader. RFID provides automatic item identification in mixed pallet, shipping and receiving applications and helps monitor unattended items in stores.

The following segmentation are covered in this report:

By Component

• TAGS
• READER
• SOFTWARE

BY INDUSTRY VERTICAL

• TRANSPORTATION
• RETAIL
• GOVERNMENT
• HEALTHCARE
• AEROSPACE & DEFENSE
• OTHERS

Company Profile

• AVERY DENNISON
• ALIEN TECHNOLOGY
• APPLIED WIRELESS RFID
• CAEN RFID
• CHECKPOINT SYSTEMS, INC.
• IMPINJ INC.
• HONEYWELL INTERNATIONAL INC.
• MOTOROLA SOLUTIONS
• INVENGO TECHNOLOGY PTE. LTD
• SAVI TECHNOLOGY

Scope of the report

The research study analyses the Radio Frequency Identification Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Radio Frequency Identification Market Report

• What was the Radio Frequency Identification Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Radio Frequency Identification Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.