Global Rfid Tag Market Is Expected To Reach $20.8 Billion By 2030- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest study found that, the future of the global RFID Tag Market looks promising with opportunities in the transportation, agriculture, logistics, healthcare, aerospace, and retail applications. The global RFID tag market is expected to reach an estimated $20.8 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing demand for these tags from the retail sector to increase visibility and speed, widespread use of such tags in automated toll booth payment, and rising use of these tags as patient-tracking systems.
In this market, active and passive are the two major segments of RFID tag market by product type.
Lucintel forecasts that active is expected to witness higher growth over the forecast period due to its significant use among various sectors to boost supply chain efficiency, track assets in real time, enhance inventory control, minimize losses, monitor vehicles, prevent theft, and manage access effectively.
Browse in depth TOC of the RFID Tag Market
100 - Figures
150-Pages
RFID Tag Market is marked by presence of several big and ...
... small players. NXP Semiconductors, Invengo Technology, Honeywell International, HID Global, Applied Wireless, OMNI-ID, CORERFID, GAO RFID, Caen RFID, and Alien Technology are the major suppliers in the RFID tag market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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