North America Radio Frequency Identification Technology Market Size & Outlook
North America radio frequency identification technology market, 2018-2030 (US$M)
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North America radio frequency identification technology market highlights
- The North America radio frequency identification technology market generated a revenue of USD 7,562.4 million in 2024.
- The market is expected to grow at a CAGR of 15.7% 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, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 7,562.4 million |
| Market revenue in 2030 | USD 17,933.9 million |
| Growth rate | 15.7% (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, North America region accounted for 37.6% 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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North America 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 42.65% in 2024. Horizon Databook has segmented the North America radio frequency identification technology market based on tags, antennas, readers, middleware covering the revenue growth of each sub-segment from 2018 to 2030.
The North America radio frequency identification technology market accounted for 37.6% share of the overall market in 2024. The region is expected to witness increasing adoption of RFID technology as industries mature and COVID-19 pushes the need for contactless solutions. The retail sector in North America is witnessing significant demand for RFID technology.
According to an article published by the Loss Prevention Magazine (LPM), over 93% of surveyed retailers in North America reported using RFID technology in various stages of deployment. Thus, the large-scale use of RFID tags in retail contributes to the regional market’s growth.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America radio frequency identification technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America radio frequency identification technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America radio frequency identification technology market size, by country, 2018-2030 (US$M)
North America Radio Frequency Identification Technology Market Outlook Share, 2024 & 2030 (US$M)
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