Press release
Benefits in Supply Chain will facilitate Growth in the Global RFID Readers Market
According to a new market research report launched by Inkwood Research, the Global RFID Readers Market is projected to generate revenue of $4453 million by 2028, with a CAGR of 8.78% during the forecast years from 2021 to 2028
Browse 49 market data Tables and 44 figures spread over 204 Pages, along with in-depth analysis on Global RFID Readers Market by Reader Type, Frequency, Industry & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global RFID Readers Market Scenario
The RFID technological system is equipped with readers operating as receivers and radio frequency transmitters of data or information from RFID tags. This wireless technology plays a crucial role in the management of the growing complexity of the supply chain, enabling better visibility at key aspects of the chain. The major benefit of this system is handling multiple items at a given time, which allows the data to be collected, managed, stored, and shared on the cloud.
The global RFID readers market is witnessing remarkable traction due to growing usage across logistics, manufacturing, and retail industries. Other drivers include complexities related to the supply chain, the growing retail sector, surging complications in the operations of the supply chain. Moreover, technological advancements and benefits of RFID technology in the healthcare sector are projected to contribute to the opportunistic growth of the market.
However, with an increase in data breaches due to cyberattacks, RFID readers face several security challenges. Also, the concern of counterfeiting and theft may lead to the leak of critical data, creating losses to the system. Hence, these factors are expected to hinder the market globally.
The Global RFID Readers Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global RFID Readers Market by Reader Type, Frequency, Industry & by Geography: https://inkwoodresearch.com/reports/rfid-readers-market/#request-free-sample
Market Segmentation
Market by Industry
• Logistics and Transportation
• Retail
• Healthcare
• Food and Beverages
• Manufacturing
• Government
• Hospitality
Market by Frequency
• High Frequency
• Ultra-High Frequency (UHF)
• Low Frequency
Market by Reader Type
• Fixed Readers
• Handheld Readers
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ALIEN TECHNOLOGY
• LOWRY SOLUTIONS INC
• HONEYWELL INTERNATIONAL
• INVENGO TECHNOLOGY PTE LTD
• JADAK- A NOVANTA COMPANY
• MOTOROLA SOLUTIONS INC
• CAEN RFID SRL
• APPLIED WIRELESS IDENTIFICATIONS GROUP INC
• ZEBRA TECHNOLOGIES CORP
• IMPINJ INC
Related Reports
GLOBAL UHF RFID (RAIN) MARKET - Global UHF RFID (Rain) Market is expected to rise with a growth rate of 11.59% between 2021 and 2028
GLOBAL BAGGAGE HANDLING SYSTEM MARKET - Global baggage handling system market is estimated to grow at a CAGR of 7.50% between 2019-2027.
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
Browse 49 market data Tables and 44 figures spread over 204 Pages, along with in-depth analysis on Global RFID Readers Market by Reader Type, Frequency, Industry & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global RFID Readers Market Scenario
The RFID technological system is equipped with readers operating as receivers and radio frequency transmitters of data or information from RFID tags. This wireless technology plays a crucial role in the management of the growing complexity of the supply chain, enabling better visibility at key aspects of the chain. The major benefit of this system is handling multiple items at a given time, which allows the data to be collected, managed, stored, and shared on the cloud.
The global RFID readers market is witnessing remarkable traction due to growing usage across logistics, manufacturing, and retail industries. Other drivers include complexities related to the supply chain, the growing retail sector, surging complications in the operations of the supply chain. Moreover, technological advancements and benefits of RFID technology in the healthcare sector are projected to contribute to the opportunistic growth of the market.
However, with an increase in data breaches due to cyberattacks, RFID readers face several security challenges. Also, the concern of counterfeiting and theft may lead to the leak of critical data, creating losses to the system. Hence, these factors are expected to hinder the market globally.
The Global RFID Readers Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global RFID Readers Market by Reader Type, Frequency, Industry & by Geography: https://inkwoodresearch.com/reports/rfid-readers-market/#request-free-sample
Market Segmentation
Market by Industry
• Logistics and Transportation
• Retail
• Healthcare
• Food and Beverages
• Manufacturing
• Government
• Hospitality
Market by Frequency
• High Frequency
• Ultra-High Frequency (UHF)
• Low Frequency
Market by Reader Type
• Fixed Readers
• Handheld Readers
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ALIEN TECHNOLOGY
• LOWRY SOLUTIONS INC
• HONEYWELL INTERNATIONAL
• INVENGO TECHNOLOGY PTE LTD
• JADAK- A NOVANTA COMPANY
• MOTOROLA SOLUTIONS INC
• CAEN RFID SRL
• APPLIED WIRELESS IDENTIFICATIONS GROUP INC
• ZEBRA TECHNOLOGIES CORP
• IMPINJ INC
Related Reports
GLOBAL UHF RFID (RAIN) MARKET - Global UHF RFID (Rain) Market is expected to rise with a growth rate of 11.59% between 2021 and 2028
GLOBAL BAGGAGE HANDLING SYSTEM MARKET - Global baggage handling system market is estimated to grow at a CAGR of 7.50% between 2019-2027.
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
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