Global Printed And Chipless RFID Databank Market Report

Global Printed And Chipless RFID Databank Market Report

The Printed And Chipless RFID market was valued at $3,425.8 Million in 2022, and is projected to reach $25,609.8 Million by 2031 growing at a CAGR of 25.20% from 2023 to 2031. Retail segment is expected to be the highest contributor to this market, with $1,478.3 Million in 2022, and is anticipated to reach $10,700.6 Million by 2031, registering a CAGR of 24.75%. Transportation and Logistics segment is anticipated to reach $7,773.5 Million by 2031 with the highest CAGR of 26.24%. Retail and Healthcare segments collectively expected to account for about 71.8% share of the Printed And Chipless RFID market in 2022, with the former constituting around 43.2% share. Transportation and Logistics and Healthcare segments are expected to witness significant growth rates at a CAGR of 26.24% and 24.80% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 56.8% in the overall Printed And Chipless RFID market in 2022, and is anticipated to reach 58.2% by 2031.