UK Radio Frequency Identification Technology Market Size & Outlook
UK radio frequency identification technology market, 2018-2030 (US$M)
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UK radio frequency identification technology market highlights
- The UK radio frequency identification technology market generated a revenue of USD 1,242.8 million in 2024 and is expected to reach USD 3,116.2 million by 2030.
- The UK market is expected to grow at a CAGR of 16.9% 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.
Radio frequency identification technology market data book summary
| Market revenue in 2024 | USD 1,242.8 million |
| Market revenue in 2030 | USD 3,116.2 million |
| Growth rate | 16.9% (CAGR from 2025 to 2030) |
| Largest segment | Tags |
| Fastest growing segment | Readers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tags, Antennas, Readers, Middleware |
Other key industry trends
- In terms of revenue, UK accounted for 6.2% of the global radio frequency identification technology market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany radio frequency identification technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,116.2 million by 2030.
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Radio Frequency Identification Technology Market Scope
Radio Frequency Identification Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 42.71% in 2024. Horizon Databook has segmented the UK radio frequency identification technology market based on tags, antennas, readers, middleware covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. radio frequency identification technology market is largely fueled by the retail and logistics sectors, with major players such as Tesco and Marks & Spencer utilizing the technology for inventory accuracy and theft prevention.
The transportation industry is also integrating RFID into ticketing and toll collection systems. Additionally, the NHS (National Health Service) is increasingly leveraging RFID for patient identification and asset tracking in hospitals, supporting improved healthcare efficiency and safety.
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Target buyers of UK 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK radio frequency identification technology market , including forecasts for subscribers. This country databook contains high-level insights into UK radio frequency identification technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK radio frequency identification technology market size, by component, 2018-2030 (US$M)
UK Radio Frequency Identification Technology Market Outlook Share, 2024 & 2030 (US$M)
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