2021 Radiofrequency Identification (RFID) Tags Market Growth Analysis

Posted by ramtbrc on September 15th, 2021

Radiofrequency Identification (RFID) Tags Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the radiofrequency identification (RFID) tags industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected radiofrequency identification (RFID) tags market growth numbers 2021-2030.

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The Radiofrequency Identification (RFID) Tags Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global radiofrequency identification (RFID) tags market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Radiofrequency Identification (RFID) Tags Global Market Report 2021 covers radiofrequency identification (RFID) tags market drivers, radiofrequency identification (RFID) tags market trends, radiofrequency identification (RFID) tags market growth rate, radiofrequency identification (RFID) tags market major players, player-adopted strategies in the market, and radiofrequency identification (RFID) tags market size.

The global radiofrequency identification (RFID) tags market is expected to grow from .53 billion in 2020 to .21 billion in 2021 at a compound annual growth rate (CAGR) of 16%. The change in growth trend in the RFID tags market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The RFID tags market is expected to reach .94 billion in 2025 at a CAGR of 11.6%.

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The report covers the radiofrequency identification (RFID) tags market segments-
1) By Tag Type: Active RFID, Passive RFID

2) By Material: Plastic, Paper, Glass, Others

3) By Frequency: Low Frequency, High Frequency, Ultra High Frequency

4) By Application: Agriculture, Retail And Wholesale, Healthcare, BFSI, Transpiration And Logistics, Education, Others

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