The global RFID market is expected to grow at a CAGR of around 10.3% during 2024-2033. This report on global RFID market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global RFID market by segmenting the market based on vehicle type, application and region. Also, detailed profiles of companies operating in the RFID market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

- Gtrowing demand from manufacturing units
- Governement initiatives for digitization

Market Challenges

- Initial cost is high

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Product Type

- Tags
- Readers
- Software and Services

Market by Tag Type

- Active Tag
- Passive Tag

Market by Application

- Introduction
- Agriculture
- Commercial
- Transportation
- Logistics and Supply Chain
- Retail
- Others

Market by Region

- Europe
   - Germany
   - United Kingdom
   - France
   - Italy
   - Spain
   - Russia
   - Netherlands
   - Rest of Europe
- North America
   - United States
   - Canada
- Asia Pacific
   - China
   - Japan
   - India
   - South Korea
   - Australia
   - Indonesia
   - Rest of Asia Pacific
- Latin America
   - Mexico
   - Brazil
   - Argentina
   - Rest of Latin America
- Middle East & Africa
   - Saudi Arabia
   - Turkey
   - Iran
   - Rest of Middle East & Africa