Global Wide Area RFID Systems market cagr 11.3%

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Wide Area RFID Systems

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Wide Area RFID Systems Market Size and Growth

The Wide Area RFID Systems market is experiencing robust growth, driven by increasing demand for asset tracking and inventory management across various sectors. As of 2023, the market size is estimated at approximately $2.5 billion, with a projected CAGR of 12% over the next five years, reflecting expanding applications and technological advancements. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Mojix, Inc.

◍ Impinj, Inc.

◍ Guard RFID Solutions, Inc.

◍ Balluff GmbH

◍ PervasID Ltd.

◍ Shenzhen Jietong Technology Co., Ltd.

◍ Trackware B.V.

◍ Shenzhen Marktrace Co., Ltd.

◍ Idesco Oy

◍ Balogh Group

◍ GAO RFID, Inc.

The Wide Area RFID Systems Market features companies like Mojix, Inc. and Impinj, Inc., focusing on innovative RFID solutions for diverse industries. These firms enhance market growth through advanced tracking technologies and efficient inventory management. Sales revenues from select companies include:

- Impinj: ~$180 million

- GAO RFID: $15 million - Balluff: $18 billion (overall company revenue).

◍ Pepperl+Fuchs Vertrieb Deutschland GmbH

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Market Segmentation

By Application

Automotive

Retail

Oil And Gas

Manufacturing

Healthcare

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By Product

Readers

Antennas

Software

Market Growth

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$ X Billion USD

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