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The Global Radio Frequency Identification (RFID) Market is expected to grow by $ 7.86 bn during 2021-2025, progressing at a CAGR of 10.07% during the forecast period

Global Radio Frequency Identification (RFID) Market 2021-2025 The analyst has been monitoring the radio frequency identification (RFID) market and it is poised to grow by $ 7. 86 bn during 2021-2025, progressing at a CAGR of 10.

New York, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Radio Frequency Identification (RFID) Market 2021-2025" - https://www.reportlinker.com/p05658018/?utm_source=GNW
07% during the forecast period. Our report on the radio frequency identification (RFID) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the adoption of inventory management systems and adoption of RFID solutions in cloud middleware. In addition, the adoption of inventory management systems is anticipated to boost the growth of the market as well.
The radio frequency identification (RFID) market analysis includes product and end-user segments and geographic landscape.

The radio frequency identification (RFID) market is segmented as below:
By Product
• RFID tags
• Middleware
• Passive RFID systems
• Active RFID systems

By End-user
• Industrial
• BFSI
• Retail
• Logistics
• Others

By Geographical Landscape
• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increase in the adoption of RFID in the e-commerce marketas one of the prime reasons driving the radio frequency identification (RFID) market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on radio frequency identification (RFID) market covers the following areas:
• Radio frequency identification (RFID) market sizing
• Radio frequency identification (RFID) market forecast
• Radio frequency identification (RFID) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading radio frequency identification (RFID) market vendors that include Alien Technology LLC, CoreRFID Ltd., Datalogic Spa, eAgile Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., NXP Semiconductors NV, Siemens AG, and Zebra Technologies Corp. Also, the radio frequency identification (RFID) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05658018/?utm_source=GNW

About Reportlinker
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