RFID Tag/Label Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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RFID Tag/Label Market Size and Growth
The global RFID Tag/Label market is projected to reach a value of $14.9 billion by 2026, growing at a CAGR of 9.2% during the forecast period. Increasing adoption of RFID technology for inventory management and supply chain tracking in various industries is driving market growth. North America holds the largest market share.
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Companies Covered (Covid 19 Impact Covered)
◍ Alien Technology
◍ Confidex
◍ HID Global Corporation
◍ Honeywell international
◍ Omni-ID(US)
◍ Invengo Information Technology
◍ Smartrac
◍ The Tag Factory
◍ Atmel Corporation
◍ NXP Semiconductors
◍ RF Code
◍ GAO RFID
◍ CoreRFID
◍ Ageos
◍ Impinj
The RFID Tag/Label market is highly competitive with key players including Alien Technology, Confidex, HID Global Corporation, Honeywell International, and Omni-ID. These companies offer a wide range of RFID solutions for various industries, driving market growth. Sales revenue figures for some companies include Smartrac ($700 million), NXP Semiconductors ($9.4 billion), and Impinj ($142 million).
Other companies such as Invengo Information Technology, The Tag Factory, Atmel Corporation, RF Code, GAO RFID, CoreRFID, Ageos, and Impinj also play a significant role in the RFID Tag/Label market by providing innovative solutions and driving technology adoption. These companies help expand the market by offering diverse RFID applications for supply chain management, asset tracking, and inventory management.
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