Radio-Frequency Identification (RFID) Tags Market Profits From The Increasing Adoption Of IoT Technology

The Business Research Company’s Radio-Frequency Identification (RFID) Tags Market 2022 - Opportunities And Strategies – Global Forecast To 2030

LONDON, GREATER LONDON, UK, June 22, 2022 /EINPresswire.com/ -- IoT technology adoption by different industries is expected to drive the radio-frequency identification (RFID) tags market growth in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity that enable these objects to collect and exchange data. The RFID technology enables fast identification and location of objects when used with IoT products such as cameras, GPS and other smart devices. The worldwide installed base of Internet of Things (IoT) connected devices is expected to increase from 30.73 billion devices in 2020 to 75.44 billion devices by 2025. According to the radio-frequency identification (RFID) tags market analysis, the increase in the number of connected devices, will increase the RFID tags installation, thus driving the market in the forecast period.

Large number of companies are launching innovative RFID tags that enable fast and effective tracking of inventory. For example, in February 2020, Fujitsu Frontech launched the WT-A543 RFID Linen Tag globally which is 30% smaller than the previous generation tags and can easily be inserted into any hem. Smaller RFID tags enable enhanced usability as they can be inserted in smaller devices. The new tags launched provide better durability and strength. The new labels feature embedded radio-frequency identification technology (RFID) that enables fast identification of medical devices which helps the growth in the medical devices industry.

Read more on the Global Radio-Frequency Identification (RFID) Tags Market Report
https://www.thebusinessresearchcompany.com/report/radio-frequency-identification-rfid-tags-market

The global radio-frequency identification (RFID) tags market size is expected to grow from $8.88 billion in 2020 to $13.57 billion in 2025 at a rate of 8.8%. The global RFID tags market share is then expected to grow at a CAGR of 8.3% from 2025 and reach $20.19 billion in 2030.

Major players covered in the global radio-frequency identification (RFID) tags industry are Avery Dennison Corporation, Honeywell International Inc., NXP Semiconductors N.V., Identiv, Inc., Zebra Technologies Corporation.

TBRC’s radio-frequency identification (RFID) tags market report is segmented by tag type into active RFID, passive RFID, by material into plastic, paper, glass, metal, others, by frequency into low frequency, high frequency, ultra-high frequency, by application into agriculture, retail and wholesale, healthcare, BFSI, transportation and logistics, education, others.

Radio-Frequency Identification (RFID) Tags Market 2022 – By Tag Type (Active RFID And Passive RFID), By Material (Plastic, Paper, Glass, Metal), By Frequency (Low Frequency, High Frequency, Ultra-High Frequency), By Application (Agriculture, Retail And Wholesale, Healthcare, BFSI, Transportation And Logistics, Education), And By Region, Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides a radio-frequency identification (RFID) tags market overview, forecast radio-frequency identification (RFID) tags market size and growth for the whole market, radio-frequency identification (RFID) tags market segments, geographies, radio-frequency identification (RFID) tags market trends, radio-frequency identification (RFID) tags market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request for a Sample of the Global Radio-Frequency Identification (RFID) Tags Market Report
https://www.thebusinessresearchcompany.com/sample.aspx?id=6226&type=smp

Not what you were looking for? Here is a list of similar reports by The Business Research Company:
Cloud Services Global Market Report 2022 – By Type (Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS), Business Process as a service (BPaaS)), By End-User Industry (BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing), By Application (Storage, Backup, And Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Large Enterprises, Small And Medium Enterprises) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/cloud-services-global-market-report

IoT Global Market Report 2022 – By Platform (Device Management, Application Management, Network Management), By End Use Industry (BFSI, Retail, Government, Healthcare, Manufacturing, Transportation, IT & Telecom), By Application (Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility And Transportation) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/iot-global-market-report

Big Data and Analytics Global Market Report 2022 – By Analytics Tools (Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting , Others), By Deployment Mode (On-Premise, Cloud), By End Use Industry (BFSI, Retail, Manufacturing, IT and Telecom, Government, Healthcare, Utility), By Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics , Transportation Analytics) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/big-data-and-analytics-global-market-report

About The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Check out our:
LinkedIn: https://bit.ly/3b7850r
Twitter: https://bit.ly/3b1rmjS
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn