Global Radio Frequency Identification Technology Market Size & Outlook
Global radio frequency identification technology market, 2018-2030 (US$M)
Related Markets
Global radio frequency identification technology market highlights
- The global radio frequency identification technology market generated a revenue of USD 20,101.6 million in 2024 and is expected to reach USD 47,632.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 15.8% by 2030.
- In terms of segment, tags accounted for a revenue of USD 8,494.9 million in 2024.
- Readers is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 20,101.6 million |
| Market revenue in 2030 | USD 47,632.9 million |
| Growth rate | 15.8% (CAGR from 2025 to 2030) |
| Largest segment | Tags |
| Fastest growing segment | Readers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tags, Antennas, Readers, Middleware |
Other key industry trends
- In terms of revenue, the North America accounted for 37.6% of the global radio frequency identification technology market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,758.2 million by 2030.
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Radio Frequency Identification Technology Market Scope
Radio Frequency Identification Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global radio frequency identification technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radio frequency identification technology market will help companies and investors design strategic landscapes.
Tags was the largest segment with a revenue share of 42.26% in 2024. Horizon Databook has segmented the Global radio frequency identification technology market based on tags, antennas, readers, middleware covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Radio Frequency Identification Technology Component Outlook (Revenue, USD Million, 2018-2030)
- Tags
- Antennas
- Readers
- Middleware
- Global Radio Frequency Identification Technology System Outlook (Revenue, USD Million, 2018-2030)
- Active RFID System
- Passive RFID System
- Global Radio Frequency Identification Technology Frequency Outlook (Revenue, USD Million, 2018-2030)
- Low Frequency (LF) RFID
- High-Frequency (HF) RFID
- Ultra-high frequency (UHF) RFID
- Global Radio Frequency Identification Technology Application Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Financial Services
- Healthcare
- Industrial
- Government
- Transport & Logistics
- Others Application
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Our clientele includes a mix of radio frequency identification technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global radio frequency identification technology market , including forecasts for subscribers. This global databook contains high-level insights into Global radio frequency identification technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global radio frequency identification technology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Radio frequency identification technology market size, 2024 (US$M)
Global radio frequency identification technology market share, by component, 2024 & 2030 (%, US$M)
Radio frequency identification technology market: Opportunity assessment by country
Global radio frequency identification technology market, by region, 2024 (US$M)
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