Tuesday, July 29, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Radio Frequency Identification Market Outlook 2024 to 2034: Growth Insights with Molex Inc., Omni-ID, Ltd., Alien Technology, Impinj, Inc., GAO RFID Inc., HID Global Corporation, Thin Film Electronics ASA, Xerox Corporation.

July 29, 2025
in Artificial Intelligence, Business, OpenPR, Web3
Reading Time: 7 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook
Radio Frequency Identification Market

Radio Frequency Identification Market

The global Radio Frequency Identification (RFID) market is poised for significant expansion, with a projected compound annual growth rate (CAGR) of 13.2% from 2024 to 2034. A new market outlook report reveals the RFID market value is expected to surge from USD 16,315.67 million in 2024 to an impressive USD 56,372.72 million by 2034, underscoring the technology’s critical role in modernizing diverse industries.

Rising Demand for Market Data: Our Full Report Offers Deep Insights and Trend Analysis! https://www.futuremarketinsights.com/reports/rfid-market

Transformative Trends Fueling RFID Adoption

The burgeoning demand for RFID technology is being propelled by several key trends. The introduction of portable RFID readers, such as sled readers, has dramatically enhanced the convenience and cost-effectiveness of asset tracking, particularly in the transport sector. Furthermore, the manufacturing industry is increasingly adopting RFID tags for robust asset management and quality control. A notable shift towards sustainability is also evident, with key players introducing plastic-free RFID tags to help end-users reduce their carbon footprint.

The integration of RFID with connective technologies like the Internet of Things (IoT) is creating lucrative opportunities for market leaders. This synergy facilitates optimal real-time asset detection, enabling businesses to collect and analyze data for predictive maintenance and personalized customer experiences. The surging use of RFID in logistical applications is also streamlining production procedures and supply chains across various sectors.

RFID Tags and Retail Lead Segmental Growth

Within the RFID ecosystem, RFID tags are set to command a prominent market share, accounting for 28.60% of the value share in 2024. This dominance is attributed to their seamless compatibility with IoT ecosystems and their crucial role in providing valuable insights when combined with big data tools, empowering data-driven decision-making for businesses.

The retail sector stands out as a significant adopter of RFID technology, projected to hold a 21.60% market share in 2024. RFID tags are revolutionizing retail operations by enabling swift and efficient self-checkout options, significantly shortening queues and wait times. Moreover, these tags enhance the customer experience by storing comprehensive product details accessible via smartphones, fostering an informative and interactive shopping environment.

Regional Dynamics: A Global Growth Story

Geographically, distinct growth trajectories highlight the global embrace of RFID:

United States: Poised for a 10.10% CAGR through 2034, the U.S. remains an early adopter of technological breakthroughs. The demand for effective asset management in healthcare and retail, coupled with the presence of major consumer product and apparel brands, is driving robust sales. The aviation sector is also increasingly leveraging RFID for logistics and luggage management.

China: Expected to expand at a strong 13.70% CAGR, China’s RFID market is boosted by its burgeoning automotive sector, where RFID tags enhance vehicle dealership and identification. Strategic partnerships, such as McDonald’s China’s collaboration with Cainiao (Alibaba Group Holding’s logistics business) to track food packages, underscore the focus on supply chain efficiencies.

Australia and New Zealand: Projecting the highest regional CAGR of 16.70%, this market is transforming retail. RFID is redefining inventory management, integrating online and in-store operations, and improving data analytics for actionable customer insights.

Japan: With a 2.00% CAGR, Japan is pioneering RFID use to combat food wastage in grocery stores, allowing for dynamic pricing based on sell-by dates. The Ministry of Economy, Trade, and Industry (METI) has successfully piloted RFID for item-level inventory monitoring in convenience stores.

Germany: Anticipating a 1.70% CAGR, Germany’s RFID market is driven by its automotive sector, utilizing RFID for automated toll deduction. Growing international tourism is also spurring demand in hospitality and aviation for passenger and luggage tracking.

Competitive Landscape and Strategic Innovations

The RFID market is characterized by intense competition, with key players focusing on innovation and strategic expansion. Major contenders like Zebra Technologies Corporation, Impinj, Inc., HID Global Corporation, Invengo Information Technology Co. Ltd., and Avery Dennison Smartrac are investing heavily in research and development to introduce distinct products and expand their portfolios.

Competitive strategies include mergers, acquisitions, and collaborations to gain market advantage. Companies are also customizing services and products to address unique industry challenges and leverage niche market opportunities. Furthermore, collaborations with government agencies, industry associations, and research institutions are fostering standardization, knowledge sharing, and the development of new RFID applications, broadening market awareness and facilitating wider adoption.

Recent developments underscore this innovative drive: In October 2023, Fresenius Kabi launched +RFID smart labels for Diprivan® (Propofol) Injectable Emulsion, fully compatible with existing RFID kit and tray systems in the U.S. In July 2023, Beontag unveiled four new RFID tags leveraging Impinj’s M800 series RAIN RFID tag chips for industrial and retail use. Notably, Avery Dennison Smartrac introduced a line of sustainable, plastic-free RFID tags and inlays in October 2023, emphasizing recyclability and environmental responsibility.

The RFID market is not just growing; it is evolving, driven by technological advancements, sustainable practices, and strategic collaborations, positioning it as a cornerstone for operational efficiency and enhanced customer experiences across industries.

Radio Frequency Identification Market by Category

By Application:
Logistics and Transportation
Aerospace and Defense
Automotive
Retail
Agriculture
Healthcare
Government

By Component:
RFID Tags
Low Frequency (LF)
High Frequency (HF)
Ultra-high Frequency (UHF)
Microwave Frequency
Ultra-wideband (UWB)
RFID Readers
RFID Software and Middleware

By Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Explore Key Trends in the Market: Request Your Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-656

Have a Look at Related Research Reports:

Advanced Distribution Management Systems Market: https://www.futuremarketinsights.com/reports/advanced-distribution-management-systems-market

SQL Server Transformation Market: https://www.futuremarketinsights.com/reports/sql-server-transformation-market

Social Employee Recognition System Market: https://www.futuremarketinsights.com/reports/social-employee-recognition-systems-market

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Building Demolition Services Market Is Booming Worldwide | Steveco, DGR Demolition, Barker Demolition

Next Post

Radio Frequency Integrated Circuit (RFIC) Market Outlook 2025 to 2035: Growth Insights with Silicon Labs, Microchip Technology Inc., Renesas Electronics, STMicroelectronics, NXP Semiconductors, Texas Instruments, Analog Devices, Inc., and Infineon Technol

Related Posts

Qrvey 9.1 Accelerates Embedded Analytics With Agentic AI and a Faster Path to Deployment

Expanded AI capabilities and new packaging designed to accelerate deployments sets a new standard for how analytics are delivered and experienced inside modern software products. TYSONS CORNER, VIRGINIA / ACCESS Newswire / July 29, 2025 / Qrvey, the leader in multi-tenant embedded analytics for SaaS, today announced the release of...

Read moreDetails

Netlist Initiates Another Patent Infringement Action Against Samsung and Micron

-Asserting Newly Issued Patent on DDR5 Memory Modules- IRVINE, CA / ACCESS Newswire / July 29, 2025 / Netlist, Inc. (OTCQB:NLST) today announced that it has filed a new legal action in the U.S. District Court for the Eastern District of Texas against Samsung and Micron, and their distributor Avnet,...

Read moreDetails

ARway Corp Reports +277% Revenue Growth and 87% Reduction in Net Loss in Audited Financial Results

Company Delivers Strong Operating Leverage and Momentum Ahead of Full-Year Fiscal 2025 NEW YORK, NY AND TORONTO, ON / ACCESS Newswire / July 29, 2025 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65), a leading innovator in augmented reality navigation (AR) and AI-powered event solutions, reports 277% Revenue Growth and 87%...

Read moreDetails

Remote Access Solution Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects | Microsoft , Cisco , Juniper Networks

Remote Access Solution Market The Remote Access Solution Market is witnessing dynamic advancements driven by increased demand for secure and flexible connectivity options across multiple industry verticals. Rising trends in digital transformation, remote workforce expansion, and cloud computing adoption are reshaping the industry size and influencing strategic priorities. The market...

Read moreDetails

Multiple Input Multiple Output (MIMO) Market Size, Share Growth Status, Emerging Technology, Key Players, Industry Challenges, and Forecast till 2032

Multiple Input Multiple Output (MIMO) Market The Multiple Input Multiple Output (MIMO) industry is witnessing rapid transformation driven by the increasing demand for enhanced wireless communication performance and higher data rates. As 5G networks continue to proliferate worldwide, MIMO technology is becoming a pivotal enabler in achieving efficient spectrum utilization...

Read moreDetails

Security Assurance: A Guide to Understanding the Process

Security Assurance helps to minimize risk from cyber threats and data loss. Security assurance provides customized product security as per customers' preferences. It ensures that information is secure and helps in the decision-making process. Moreover, it also helps to secure real-time confidential data.Get More Details with Sample PDF Copy @...

Read moreDetails

Navigating the Future: Legal AI Software Market Trends and Forecast Insights, 2025 Edition

Legal AI Software Market Size Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsLegal AI Software Market Size Growth Forecast: What to Expect by 2025?The market size for legal AI software has seen a robust expansion...

Read moreDetails

Diamond Sales Surge Propels Growth In The Lab-Grown Diamonds Market: Pivotal Factor Influencing Lab Grown Diamonds Market Growth in 2025

Lab Grown Diamonds Market Size Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsLab Grown Diamonds Market Size Growth Forecast: What to Expect by 2025?The scale of the lab grown diamonds market has experienced swift expansion...

Read moreDetails

Key Trends Reshaping the IT Security Consulting Services Market: Innovative Products And Advanced Assessment Applications Driving IT Security Consulting Services Industry Transformation

IT Security Consulting Services Market Size Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsIT Security Consulting Services Market Size Growth Forecast: What to Expect by 2025?In recent years, the market size for IT security consulting...

Read moreDetails

Future of the IoT Gateway Devices Market: Trends, Innovations, and Key Forecasts Through 2034

IoT Gateway Devices Market Size Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsIoT Gateway Devices Market Size Growth Forecast: What to Expect by 2025?The market size for IoT gateway devices has seen swift expansion in...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    80 shares
    Share 32 Tweet 20
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    45 shares
    Share 18 Tweet 11
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    42 shares
    Share 17 Tweet 11
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    63 shares
    Share 25 Tweet 16
  • New MLPerf Training v5.0 Benchmark Results Reflect Rapid Growth and Evolution of the Field of AI

    7 shares
    Share 3 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Qrvey 9.1 Accelerates Embedded Analytics With Agentic AI and a Faster Path to Deployment
  • Intrusion Inc. Receives Additional $3 Million for Continued Department of Defense Contract Support
  • Audited Annual Statements for the Fiscal Year ended March 31, 2025
  • Netlist Initiates Another Patent Infringement Action Against Samsung and Micron
  • ARway Corp Reports +277% Revenue Growth and 87% Reduction in Net Loss in Audited Financial Results

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.