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Global RFID Market 2017 by Product, Wafer Size, Working, Frequency, Applications, Form Factor, Label Type and Region - Forecast to 2023 - Research and MarketsThe "RFID Market by Product (Tags, Reader, and Software), Wafer Size, Working (Passive, and Active), Frequency( Low/High, Ultra-high), Applications, Form Factor (Button, Card, Electronic Housing, Implants), Label Type and Region - Global Forecast to 2023" report has been added to Research and Markets' offering. The radio-frequency identification (RFID) market is expected to grow at a CAGR of 7.7% between 2017 and 2023 and is expected to be worth at USD 31.42 billion by 2023 The key factors driving the growth of the RFID market are the development strategies implemented by the players operating in the RFID ecosystem, such as mergers and acquisitions, partnerships, and collaborations; evolution of IoT with the increased communication and monitoring of machines; increasing demand for industrialization in emerging economies; and increasing penetration of RFID technology in various industries. However, the major restraining factors for the growth of this market are high installation costs of RFID system and device interoperability. The RFID tags hold the largest share in the overall RFID market. The acceleration n adoption of IoT has driven the use of connected devices, and the demand for wireless communications will keep driving the market for RFID tags. Reduction in the costs have led to rise in adoption of RFID tags; demand for the tags will continue to raise competitive situations in the market, which in turn will lead to further innovations in the RFID systems. The key market players such as Impinj (US), NXP Semiconductors (News - Alert) (Netherlands) and Alien Technology (US) are focusing on the strategies such as new product launches and developments, expansions, contracts, and collaborations to enhance their product offerings and expand their business. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 RFID Market By Products 7 RFID Market By Tags 8 RFID Market, By Region 9 Competitive Landscape 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tsfksh/rfid_market_by
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