Radio Frequency Identification Technology Market Size, Share & Trends Analysis Report By Component (Tags, Antennas, Readers, Middleware), By System (Active RFID, Passive RFID), By Frequency, By Application, By Region, And Segment Forecasts, 2025 - 2030

Radio Frequency Identification Technology Market Growth & Trends

The global radio frequency identification technology market size is estimated to reach USD 47.63 billion by 2030, registering a CAGR of 15.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Various benefits provided by RFID technology, including asset tracking, automation, better control over production, enhanced traceability, increased revenues, and higher operational efficiency, are anticipated to drive the market’s growth over the forecast period. RFID technology has been in use for the past several years. However, the recent digitization and overall growth in technological adoption from various industries have propelled RFID technology even further. The retail industry is at the forefront and has witnessed its technological reconnaissance with RFID tags.

The retail industry is leveraging RFID technology in supply chain management for inventory management, tracking, and shortening overall processes. The growing adoption of RFID technology from the retail industry significantly contributes to the market’s growth. An essential aspect of the market is the varying nature of manufacturing and related costs. The past decade has seen a considerable reduction in production costs with the advent of many new technologies, such as printing and ink-jet. As the vendors benefit from these trends in the market, the high penetration of cost-to-volume benefits is expected to perpetuate to the end-users, thereby contributing to the market’s growth. RFID devices are anticipated to witness a surge in demand as technological proliferation has led to extensive use of smart cards, access control, and other wireless communication applications.

In addition, the proliferation of 5G and the Internet of Things (IoT) across industries is creating significant demand for wireless communication and smart devices, subsequently creating market demand for RFID devices. To sum up the trends in the market, RFID technology is anticipated to witness significant growth in the coming years in terms of size, cost, and technology, fueling its rapid deployment. Asia Pacific is anticipated to register the fastest CAGR over the forecast period. The growing e-commerce industry in the region is creating higher demand for reliable supply chain management solutions, which RFID technology can provide. Moreover, favorable government initiatives from countries, such as India and Japan, are driving the infrastructure development of the RFID market in the region, thus contributing to its growth.

Radio Frequency Identification Technology Market Report Highlights

  • The RFID tag segment dominated the market in 2024 and is anticipated to register significant CAGR over the forecast period. The growth is attributed to the RFID tag's capacity to provide faster and more accurate data, and its applications, including real-time inventory tracking and enhanced supply chain visibility.
  • The passive RFID system segment led the market with a largest revenue share in 2024, due to its cost-effectiveness, easy integration, and small size. Passive RFID systems are used in applications, such as inventory management, supply chain & logistics, asset tracking, and access control.
  • The high-frequency (HF) segment held the largest market share in 2024. The growing demand for HF RFID technology from the retail and healthcare industries in applications, such as access control, contactless payment, and enhanced security, will drive the segment's growth.
  • The retail segment dominated the market in 2024 and is anticipated to retain its dominance over the forecast period. RFID technology's wide range of applications in the retail industry, including inventory management, asset tracking, in-store customer engagement, and contactless payments, contribute to the retail segment's growth.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Radio Frequency Identification Technology Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Radio Frequency Identification Technology Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic landscape
3.3.2.3. Social landscape
3.3.2.4. Technological landscape
3.3.2.5. Environmental landscape
3.3.2.6. Legal landscape
Chapter 4. Radio Frequency Identification Technology Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Radio Frequency Identification Technology Market: Component Movement Analysis, 2024 & 2030 (USD Million)
4.3. Tags
4.3.1. Tags Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Antennas
4.4.1. Antennas Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Readers
4.5.1. Readers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Middleware
4.6.1. Middleware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Radio Frequency Identification Technology Market: System Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Radio Frequency Identification Technology Market: System Movement Analysis, 2024 & 2030 (USD Million)
5.3. Active RFID System
5.3.1. Active RFID System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Passive RFID System
5.4.1. Passive RFID System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Radio Frequency Identification Technology Market: Frequency Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Radio Frequency Identification Technology Market: Frequency Movement Analysis, 2024 & 2030 (USD Million)
6.3. Low Frequency (LF) RFID
6.3.1. Low Frequency (LF) RFID Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. High-Frequency (HF) RFID
6.4.1. High-Frequency (HF) RFID Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Ultra-high frequency (UHF) RFID
6.5.1. Ultra-high frequency (UHF) RFID Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Radio Frequency Identification Technology Market: Application Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Radio Frequency Identification Technology Market: Application Movement Analysis, 2024 & 2030 (USD Million)
7.3. Retail
7.3.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Financial Services
7.4.1. Financial Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Healthcare
7.5.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Industrial
7.6.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. Government
7.7.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Transportation & Logistics
7.8.1. Transportation & Logistics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.9. Others
7.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Radio Frequency Identification Technology Market: Regional Estimates & Trend Analysis
8.1. Radio Frequency Identification Technology Market Share, By Region, 2024 & 2030 (USD Million)
8.2. North America
8.2.1. North America Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.2. U.S.
8.2.2.1. U.S. Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.3. Canada
8.2.3.1. Canada Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.4. Mexico
8.2.4.1. Mexico Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
8.3.1. Europe Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.2. UK
8.3.2.1. UK Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.3. Germany
8.3.3.1. Germany Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.4. France
8.3.4.1. France Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
8.4.1. Asia Pacific Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.2. China
8.4.2.1. China Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.3. Japan
8.4.3.1. Japan Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.4. India
8.4.4.1. India Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.5. South Korea
8.4.5.1. South Korea Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.6. Australia
8.4.6.1. Australia Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
8.5.1. Latin America Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5.2. Brazil
8.5.2.1. Brazil Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
8.6.1. Middle East and Africa Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.2. UAE
8.6.2.1. UAE Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.3. KSA
8.6.3.1. KSA Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.4. South Africa
8.6.4.1. South Africa Radio Frequency Identification Technology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
9.1. Company Categorization
9.2. Company Market Positioning
9.3. Company Heat Map Analysis
9.4. Company Profiles/Listing
9.4.1. Honeywell International Inc.
9.4.1.1. Participant’s Overview
9.4.1.2. Financial Performance
9.4.1.3. Product Benchmarking
9.4.1.4. Strategic Initiatives
9.4.2. Zebra Technologies Corp.
9.4.2.1. Participant’s Overview
9.4.2.2. Financial Performance
9.4.2.3. Product Benchmarking
9.4.2.4. Strategic Initiatives
9.4.3. AVERY DENNISON CORPORATION
9.4.3.1. Participant’s Overview
9.4.3.2. Financial Performance
9.4.3.3. Product Benchmarking
9.4.3.4. Strategic Initiatives
9.4.4. Nedap
9.4.4.1. Participant’s Overview
9.4.4.2. Financial Performance
9.4.4.3. Product Benchmarking
9.4.4.4. Strategic Initiatives
9.4.5. IMPINJ, INC.
9.4.5.1. Participant’s Overview
9.4.5.2. Financial Performance
9.4.5.3. Product Benchmarking
9.4.5.4. Strategic Initiatives
9.4.6. NXP Semiconductors
9.4.6.1. Participant’s Overview
9.4.6.2. Financial Performance
9.4.6.3. Product Benchmarking
9.4.6.4. Strategic Initiatives
9.4.7. Unitech Electronics Co., LTD.
9.4.7.1. Participant’s Overview
9.4.7.2. Financial Performance
9.4.7.3. Product Benchmarking
9.4.7.4. Strategic Initiatives
9.4.8. HID Global Corporation
9.4.8.1. Participant’s Overview
9.4.8.2. Financial Performance
9.4.8.3. Product Benchmarking
9.4.8.4. Strategic Initiatives
9.4.9. Invengo Information Technology Co., Ltd.
9.4.9.1. Participant’s Overview
9.4.9.2. Financial Performance
9.4.9.3. Product Benchmarking
9.4.9.4. Strategic Initiatives
9.4.10. Datalogic S.p.A.
9.4.10.1. Participant’s Overview
9.4.10.2. Financial Performance
9.4.10.3. Product Benchmarking
9.4.10.4. Strategic Initiatives

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