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Rfid Market Growth, Forecast and Value Chain 2015-2025: Fmi Estimate

  • Date Submitted: 10/20/2015 06:14 AM
  • Flesch-Kincaid Score: 32.1 
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Global RFID Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015 – 2025

Future Market Insights

www.futuremarketinsights.com

sales@futuremarketinsights.com

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Report Description
Radio-Frequency Identification (RFID) refers to small electronic devices that consist of a small
chip and an antenna. RFID is basically used to provide unique identification to the objects. The
use of RFID technology came in use since last four decades. Because, it is expensive and its
practical use is limited for many commercial applications. Use of the RFID in applications such as
retail & supply chain management and automation & transportation has penetrated globally and
expected to reflect dynamic trends over the forecast period.
Global RFID market Segmentation
Globally, RFID market is segmented on the basis of product, type, communication frequency and
application. On the basis of product, global RFID market is segmented into – RFID tag, RFID
reader and RFID middleware & services. The largest market share is held by RFID reader and
RFID tag is expected to reflect the highest CAGR over the forecast period. Global RFID market
can also be segmented on the basis of type such as active RFID, passive RFID and BatteryAssisted Passive (BAP). Passive RFID holds largest market share and BAP is expected to reflect
highest CAGR over the forecast period. RFID operates in wide ranges of communication
frequencies and can be categorised into – low frequency (LF) band, high frequency (HF) band
and ultra-high frequency (UHF) band. As the UHF RFIDs are used in wide range of applications,
they are expected to reflect the fastest growth over the forecast period. RFID has various
applications in automation & transportation, government, medical and healthcare, media &
entertainment, retail & supply chain management, enterprise access control, Defense & Military,

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