The size of the global RFID Module market is projected to grow at a compound annual growth rate (CAGR) of 12.1% over the forecast period, from USD 18.45 billion in 2023 to USD 35.6 billion in 2029. The growing need for inventory management and supply chain optimisation across a variety of industries, including retail, healthcare, and automotive, is one of the key factors driving the RFID Module market. RFID technology enables businesses to increase operational effectiveness and cut costs by providing real-time and accurate tracking of goods and assets. The RFID market is expanding as a result of the growing demand for better security and authentication measures.

The Global RFID Module Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Intelligence Data reports. Industry experts and researchers have offered an authoritative and concise analysis of the RFID Module Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the RFID Module Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide RFID Module Market in the coming years.

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Some of the key players profiled in the study are Impinj, NXP Semiconductors, Alien Technology, ThingMagic, Zebra Technologies, Texas Instruments, STMicroelectronics, Murata Manufacturing, Omni-ID, Smartrac Technology, CAEN RFID, RF Solutions, Kathrein RFID, DAILY RFID, RFMicron and other Prominent players.

In June 2020, NXP Semiconductors launched the MIFARE DESFire EV3 IC that ushers next-generation performance, advanced security, and seamless integration of mobile services for a new era of security and connectivity in smart city services. The IC is backward-compatible and offers enhanced performance with a greater operating distance and improved transaction speed.

In June 2021, Impinj, Inc. introduced three next-generation RAIN RFID reader chips that enable IoT device makers to meet the increasing demand for item connectivity in retail, supply chain and logistics, consumer electronics, and many other markets. The new Impinj E710, E510, and E310 RAIN RFID reader chips are high-performance, low-power systems-on-chips (SoCs) that extend the item connectivity opportunity to hundreds of billions of things worldwide. With industry-leading system integration and easy-to-use development tools, they enable the development of quick-to-market IoT devices that reliably identify, locate, and authenticate connected things.

Competition is an important issue in any market research analysis . With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the RFID Module market. The major and emerging players of the RFID Module Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors . This will help players familiarize themselves with the movements of their toughest competitors in the RFID Module market.

If opting for the Global version of RFID Module Market; then the below country analysis would be included:

– North America (the USA, Canada, and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)

The Asia Pacific region stores huge opportunities for the RFID market; the market in this region is expected to grow at the highest CAGR during the forecast period. With the growing trade network among Asia Pacific countries, companies are leveraging the benefits of RFID solutions for gaining visibility into the supply chain. RFID is an ideal medium for tracking assets or people in organizations in real time. Adoption of RFID solutions across various industries, such as manufacturing, sports & entertainment, logistics and supply chain, and retail, is expected to increase in Asia Pacific during the forecast period.

– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)

– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

The segmental analysis section of the report includes a thorough research study on key type and application segments of the RFID Module market

RFID Module Market ( By Types )

Reader Module

Label Module

Inlay Module

Embedded Module

Handheld Module

RFID Module Market ( By Application )

Industrial

Retail

Logistics

The Medical

Other

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Important years considered in the RFID Module study:

Historical year – 2017-2021;
Base year – 2022;
Forecast period ** – 2023 to 2029 [** unless otherwise stated]

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