New Market Report: Global Radio Frequency Identification Market 2016-2020

From: Fast Market Research, Inc.
Published: Wed Jun 01 2016


An RFID system is based on wireless technology, which utilizes radio waves for gathering data from a tag attached to an object. It is used for different purposes such as for tracking objects and automatic identification. Components of RFID systems are mentioned below:

* Tag (used for the distinct identification of an object)
* Antenna (used to detect the tag; generates a magnetic field)
* Reader (used to receive tag information)
* Communication infrastructure (allows reader/RFID to work through IT infrastructure)
* Host

Full Report Details at
- http://www.fastmr.com/prod/1175811_global_radio_frequency.aspx?afid=301

Technavio's analysts forecast the global radio frequency identification (RFID) market to grow at a CAGR of 11% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global radio frequency identification (RFID) market for 2016-2020. To calculate the market size, the report covers the revenue generated from end-user segments: industrial, financial services, logistics, retail, healthcare, and others (sports, airlines, consumer products, animals, and farming).

The market is divided into the following segments based on geography:

* Americas
* APAC
* EMEA

Technavio's report, Global Radio Frequency Identification (RFID) Market 2016-2020, 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
* Fieg Electronics
* GAO RFID
* Global Ranger
* Impinj
* InSync Software
* LogiTag
* Mobile Aspects
* Mojix
* Nedap
* RFID4U
* RF Ideas
* SATO VICINITY
* Skyetek
* Skytron
* Software AG
* Solstice Medical
* SMARTRAC
* Stanley InnerSpace
* TAGSYS RFID
* Tellago
* Terso Solutions
* Thinfilm
* ThingMagic
* TIBCO Software
* Tyco Retail Solutions
* WaveMark
* Xterprise

Market driver

* Inventory management
* For a full, detailed list, view our report

Market challenge

* Need for high initial investment
* For a full, detailed list, view our report

Market trend

* Growing popularity of smart factories
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?

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