Europe Radio Frequency Identification Technology Market Size & Outlook
Europe radio frequency identification technology market, 2018-2030 (US$M)
Related Markets
Europe radio frequency identification technology market highlights
- The Europe radio frequency identification technology market generated a revenue of USD 5,404.9 million in 2024.
- The market is expected to grow at a CAGR of 15.5% from 2025 to 2030.
- In terms of segment, tags was the largest revenue generating component in 2024.
- Readers is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 5,404.9 million |
| Market revenue in 2030 | USD 12,578.7 million |
| Growth rate | 15.5% (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, Europe region accounted for 26.9% of the global radio frequency identification technology market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,121.0 million by 2030.
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Radio Frequency Identification Technology Market Scope
Radio Frequency Identification Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 42.21% in 2024. Horizon Databook has segmented the Europe radio frequency identification technology market based on tags, antennas, readers, middleware covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe Radio Frequency Identification Technology Industry was identified as a lucrative region in 2024. Europe's RFID market is expanding due to strict regulatory requirements and the region’s focus on sustainability and digital transformation.
Industries such as manufacturing, automotive, and pharmaceuticals are implementing RFID to improve operational efficiency and comply with stringent EU regulations on product traceability and anti-counterfeiting.
The rise of Industry 4.0 and smart factories across Germany, France, and Italy is also driving RFID investments, particularly in warehouse automation and predictive maintenance.
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Target buyers of Europe radio frequency identification technology market databook
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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 continent-level data and insights on the Europe radio frequency identification technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe radio frequency identification technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe radio frequency identification technology market size, by country, 2018-2030 (US$M)
Europe Radio Frequency Identification Technology Market Outlook Share, 2024 & 2030 (US$M)
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