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The global RFID market is anticipated to continue to grow in 2023, with IDTechEx projecting a market value of US$14 billion in 2023.
April 4, 2023
By: DAVID SAVASTANO
The RFID business continues to grow. The global RFID market is anticipated to continue to grow in 2023, with IDTechEx projecting a market value of US$14 billion in 2023, up from US$12.8 billion in 2022. This market value comprises of RFID labels, cards, fobs, and other form factors, as well as tags, scanners, and software/services for inactive and active RFID. Passive RFID Tags segment accounts for more than half of the total RFID market. According to the IDTechEx analysis “RFID Foreca...
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