RFID technology uses the electromagnetic signature that accompanies the radio frequency in a specific spectrum to communicate information, which is mostly one way. This process is carried out by the RFID microchip. The reader reads the information from RFID tags, and RFID middleware uses the data to create analytical insights. RFID technology uses the electromagnetic signature that accompanies the radio frequency in a specific spectrum to communicate information, which is mostly one way. This process is carried out by RFID microchip (RFID tag), RFID reader, and RFID middleware components.
Technavio’s analysts forecast the global RFID market to grow at a CAGR of 8.99% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global RFID market for 2017-2021. To calculate the market size, the report considers RFID tags (passive and active RFID tags), RFID systems (passive and active RFID systems), and middleware solutions.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global RFID Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Datalogic - Honeywell International - Zebra Technologies
Other prominent vendors - Acreo Swedish ICT - Alien Technology - Avery Dennison - Checkpoint Systems - CipherLab - CoreRFID - FEIG ELECTRONIC - Fujitsu - GAO RFID - Impinj - ORBCOMM - Quantum Resources - Mojix - Mobile Aspects - Nedap - RFID4U - RF IDeas - Skytron - JADAK Technologies - Solstice Medical - Smartrac - Stanley InnerSpace - SATO VICINITY - TAGSYS RFID - Terso Solutions - Tellago - TIBCO Software - Tyco Retail Solutions - Thinfilm - ThingMagic - Unitech Electronics - WaveMark - Xterprise
Market driver - Increasing number of software solution vendors entering the RFID market. - For a full, detailed list, view our report
Market challenge - Upcoming technologies that use magnetic or inductive waves instead of radio waves. - For a full, detailed list, view our report
Market trend - Introduction of cloud-based RFID solutions. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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