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Global RFID Technology Market Analysis, Share, Trends and Forecast by 2025

Global RFID Technology Market Analysis, Share, Trends and Forecast by 2025

Orbis Research
OrbisResearch.com has published new research report on “RFID (Radio Frequency Identification) Technology Market Analysis By Product (RFID Tags, RFID Readers, and Middleware), By Frequency, By Application, By Region, And Segment Forecasts 2025” to its database.

The global radio frequency identification (RFID) technology market is estimated to reach USD 40.5 billion by 2025, according to a new report by Grand View Research, Inc. The industry is expected to witness a steady growth owing to the increasing demand from the retail sector and the healthcare industry.

Browse the report: http://www.orbisresearch.com/reports/index/rfid-radio-frequency-identification-technology-market-analysis-by-product-rfid-tags-rfid-readers-and-middleware-by-frequency-by-application-by-region-and-segment-forecasts-2014-2025

RFID technology has been in use for several years now; however, the recent growth in its applications across a wide set of industries, such as retail, transport, medical, and defense, among others, has spurred its adoption. The retail industry is at the forefront and has witnessed its technological reconnaissance with the use of RFID tags. An interesting fact of the retail sector is the way it has successfully passed on the benefits of the technology to other industries in the supply chain with the help of the mandates.

An important aspect of the RFID technology market is the varying nature of manufacturing and evidently the related costs. The past decade has seen a considerable reduction in the production costs with the advent of many new technologies such as printing and ink-jet. As the vendors benefit from these trends in the market, the increasing penetration of cost-to-volume benefits is expected to perpetuate to the end users.

Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/295676

RFID devices are anticipated to witness a surge in demand as the technological proliferation has led to an extensive use of smart cards, access control, and other NFC applications. In addition, the use of Ubiquitous Sensor Networks (USNs) and many short-range wireless communications, such as WiFi and Zigbee, is expected to help in the RFID market growth. To sum up the trends in the market, the RFID industry is anticipated to witness a healthy growth in the coming years with technology, cost, and size fueling its rapid deployment.

Further key findings from the report suggest:
Government and industry specific mandates are expected to play a vital part in the deployment of RFID devices.

The key focus of industry veterans is RFID tags while emphasis laid on frequency bands and size optimization.

Numerous research and development activities are being carried out as the industry participants vie for the technological edge.

The impact of global technology trends, such as Internet of Things (IoT) and wearables, is prominent on the market and is expected to define the industry’s direction for the next decade.

The industry is fragmented in nature and there are several regional and global players operating in the market at various levels of the value chain.

Buy the [email protected]http://www.orbisresearch.com/contact/purchase/295676

Major Points From The Table Of Contents:

Chapter One: Methodology and Scope

Chapter Two: Executive Summary

Chapter Three: RFID Industry Outlook

Chapter Four: RFID Product Outlook

Chapter Five: RFID Frequency Outlook

Chapter Six: RFID Application Outlook

Chapter Seven: RFID Application Outlook

Chapter Eight: Competitive Landscape

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Media Contact
Company Name: Orbis Research
Contact Person: Hector Costello
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Website: http://www.orbisresearch.com/reports/index/rfid-radio-frequency-identification-technology-market-analysis-by-product-rfid-tags-rfid-readers-and-middleware-by-frequency-by-application-by-region-and-segment-forecasts-2014-2025

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