Global Radiofrequency Identification (RFID) market cagr 7.1%

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Radiofrequency Identification (RFID)

Market

Radiofrequency Identification (RFID) Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Radiofrequency Identification (RFID) Market Size and Growth

The global Radiofrequency Identification (RFID) market is projected to reach a value of $XX billion by 2026, growing at a CAGR of XX% during the forecast period. The market is driven by increased adoption in various industries such as retail, healthcare, and logistics, due to its efficiency in tracking and managing inventory.

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Companies Covered

(Covid 19 Impact Covered)

◍ Alien Technology

◍ Invengo

◍ Motorola Solutions (now Zebra Technologies)

◍ CAEN RFID

◍ Sato Holdings

◍ Intermec

◍ STiD

◍ GAO RFID

◍ Impinj

The RFID market is highly competitive with companies such as Alien Technology, Invengo, Motorola Solutions (now Zebra Technologies), CAEN RFID, Sato Holdings, Intermec, STiD, GAO RFID, and Impinj. These companies provide RFID solutions for various industries such as retail, logistics, healthcare, and manufacturing, driving market growth. Some annual sales revenue of these companies include: Zebra Technologies - $4.5 billion, Impinj - $153.6 million, Alien Technology - $65 million.

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Market Segmentation

By Application

Access Management

Tracking of Goods

Toll Collection and Contactless Payment

By Product

Low Frequency

Moderate Frequency

High Frequency

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Market Growth

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$ X Billion USD

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