According to the new bazaar analysis report “RFID Market by Product (Tags, Reader, and Software), Wafer Size, Working (Passive, and Active), Frequency( Low, High, Ultra-high), Applications, Form Factor (Button, Card, Electronic Housing, Implants), Label Type, and Arena – Global Anticipation to 2023”,the radio-frequency identification (RFID) bazaar is accepted to be admired at USD 31.42 Billion by 2023, growing at a CAGR of 7.7% amid 2017 and 2023. The factors that are active the advance of this bazaar are the accretion assimilation of RFID in assorted industries; and change of IoT.
“RFID bazaar for tags accepted to abound at the accomplished amount during the anticipation period”
The bazaar for RFID tags is accepted to abound at the accomplished CAGR amid 2017 and 2023.
Reduction in the costs accept led to acceleration in acceptance of RFID tags; appeal for the tags will abide to accession aggressive situations in the market, which in about-face will advance to added innovations in the RFID systems.
Download PDF Brochure at www.marketsandmarkets.com/pdfdownload.asp?id=446
“The RFID bazaar for the bartering industry to abound at a aerial amount amid 2017 and 2022”
Among assorted applications, the bartering industry accounted for the better allotment of the all-embracing RFID bazaar based on the end-user industry in 2016. The bartering area is witnessing acceptable growth, an in turn, are application RFID to optimize their operations and to accord them a aggressive advantage.
RFID technology enables the bartering industry to analyze and clue items, and thus, enhance abstracts centermost and barn administration beyond assorted verticals such as IT asset tracking, laundry management, and adornment tracking. The accretion population, forth with ascent commercialization, are active advance in the RFID systems, and software.
“The Americas accepted to advance the RFID bazaar amid 2017 and 2023”
The Americas is accepted to authority the better admeasurement of the RFID bazaar during the anticipation period. The players in the Americas arena are emphasizing on analysis and development activities, to facilitate operational ability through avant-garde technologies.
Furthermore, the acceptance of RFID technologies and a cogent cardinal of accustomed players in the RFID bazaar are active the appeal for RFID tags in the Americas.
The above players operating in the RFID bazaar are Impinj (US), NXP Semiconductors (Netherlands), Alien Technology (US), Avery Dennison (US), Smatrac (Netherlands), Invengo (Singapore), Checkpoint Systems (US), Mojix (US), GAO RFID (US), Nedap (Netherlands), Zebra Technologies (US), GlobeRanger (US), HID Global (US), Applied Wireless (US), CAEN RFID (Italy), Honeywell (US), Thing Magic (US), Identiv (US), SAG (US), Omni-ID (US), Vizinex RFID (US), Savi Technology (US), RFID Global Solution (US), Confidex (Finland), and TrackX (US).
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