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The UHF RFID segment currently commands the largest market share, accounting for 69.25%. This significant share is primarily driven by the broad range of industrial and commercial applications of UHF RFID technology.The global radio frequency identification (RFID) technology market size was estimated at USD . The global RFID market size was valued at USD 14.11 billion in 2023 and is .
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The UHF RFID segment currently commands the largest market share, accounting for 69.25%. This significant share is primarily driven by the broad range of industrial and commercial applications of UHF RFID technology.The global radio frequency identification (RFID) technology market size was estimated at USD 15,769.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.1% from 2023 to 2030. The global RFID market size was valued at USD 14.11 billion in 2023 and is projected to grow from USD 15.49 billion in 2024 to USD 37.71 billion by 2032, exhibiting a CAGR of 11.8%. North America dominated the global market with a share of 37.7% in 2023. RFID Market Size, Share and Industry Growth by Offering (Tags, Readers, Software & Services), Tag Type (Active, Passive), Wafer Size, Frequency (Low Frequency, High Frequency, Ultra-high Frequency), Form Factor, Material, Application and Region - Global Forecast to 2032 MarketsandMarkets.
The global UHF RFID Tag Chips market is projected to grow from US$ 472.1 million in 2024 to US$ 883.5 million by 2030, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. Global key players of UHF RFID tag chips include Impinj, NXP, Alien Technology, etc. The top three players hold a share about 81%.
The UHF RFID (RAIN) market size is projected to reach US$ 8.36 billion by 2031 from US$ 2.92 billion in 2023. The market is expected to register a CAGR of 14 % in 2023–2031. The increasing role of RFID in smart cities is likely to remain a key UHF RFID (RAIN) market trend. UHF RFID (RAIN) Market Analysis. Market Overview: The global UHF RFID tags market is expected to grow at a CAGR of 10.5% during the forecast period from 2022 to 2030. The growth in this market can be attributed to the increasing demand for RFID tags across different applications, such as retail, asset management/inventory/documents, logistics, and others.Passive Ultra-High Frequency (UHF) RFID technology is experiencing increased adoption, particularly in supply chain and logistics applications. The passive UHF RFID tags offer longer read ranges, improved data transfer rates, and cost-effectiveness.
UHF RFID Tags Market Size was valued at USD 5.20 Billion in 2023 and is expected to reach USD 14.60 Billion by the end of 2030 with a CAGR of 15.89% During the Forecast Period 2023-2030.The global UHF RFID chip market size is projected to experience significant growth, reaching approximately USD 8.5 billion by 2032, from an estimated USD 3.2 billion in 2023, driven by a robust CAGR of 11.2% during the forecast period.The UHF RFID segment currently commands the largest market share, accounting for 69.25%. This significant share is primarily driven by the broad range of industrial and commercial applications of UHF RFID technology.The global radio frequency identification (RFID) technology market size was estimated at USD 15,769.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.1% from 2023 to 2030.
The global RFID market size was valued at USD 14.11 billion in 2023 and is projected to grow from USD 15.49 billion in 2024 to USD 37.71 billion by 2032, exhibiting a CAGR of 11.8%. North America dominated the global market with a share of 37.7% in 2023.
RFID Market Size, Share and Industry Growth by Offering (Tags, Readers, Software & Services), Tag Type (Active, Passive), Wafer Size, Frequency (Low Frequency, High Frequency, Ultra-high Frequency), Form Factor, Material, Application and Region - Global Forecast to 2032 MarketsandMarkets. The global UHF RFID Tag Chips market is projected to grow from US$ 472.1 million in 2024 to US$ 883.5 million by 2030, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. Global key players of UHF RFID tag chips include Impinj, NXP, Alien Technology, etc. The top three players hold a share about 81%.The UHF RFID (RAIN) market size is projected to reach US$ 8.36 billion by 2031 from US$ 2.92 billion in 2023. The market is expected to register a CAGR of 14 % in 2023–2031. The increasing role of RFID in smart cities is likely to remain a key UHF RFID (RAIN) market trend. UHF RFID (RAIN) Market Analysis.
Market Overview: The global UHF RFID tags market is expected to grow at a CAGR of 10.5% during the forecast period from 2022 to 2030. The growth in this market can be attributed to the increasing demand for RFID tags across different applications, such as retail, asset management/inventory/documents, logistics, and others.
Passive Ultra-High Frequency (UHF) RFID technology is experiencing increased adoption, particularly in supply chain and logistics applications. The passive UHF RFID tags offer longer read ranges, improved data transfer rates, and cost-effectiveness.UHF RFID Tags Market Size was valued at USD 5.20 Billion in 2023 and is expected to reach USD 14.60 Billion by the end of 2030 with a CAGR of 15.89% During the Forecast Period 2023-2030.
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