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COVID-19 Impacts: Vehicle RFID Tag Market will Accelerate at a CAGR of about 7% through 2020-2024|Use of RFID Tag to resolve Parking-Related Issues to Boost Growth| TechnavioTechnavio has been monitoring the vehicle RFID tag (News - Alert) market and it is poised to grow by 26.32 million units during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730005804/en/ Technavio has announced its latest market research report titled Global Vehicle RFID Tag Market 2020-2024 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact Frequently Asked Questions-
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avery Dennison Inc., Confidex Ltd., GAO Group Inc., Honeywell International Inc., Infotek Software & Systems (P) Ltd., Omnia Technologies Pvt. Ltd., Paragon Group Ltd., RAMP, SIVA Group, and Smartrac NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The use of RFID tags to resolve parking-related issues has been instrumental in driving the growth of the market. Vehicle RFID Tag Market 2020-2024: Segmentation Vehicle RFID Tag Market is segmented as below:
Vehicle RFID Tag Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our vehicle RFID tag market report covers the following areas:
This study identifies the integration of RFID tags with fleet management systems (FMS) as one of the prime reasons driving the vehicle RFID tag market growth during the next few years. Vehicle RFID Tag Market 2020-2024: Vendor Analysis We provide a detailed analysis of vendors operating in the vehicle RFID tag market, including some of the vendors such as Avery Dennison Inc., Confidex Ltd., GAO Group Inc., Honeywell International Inc., Infotek Software & Systems (P) Ltd., Omnia Technologies Pvt. Ltd., Paragon Group Ltd., RAMP, SIVA Group, and Smartrac NV. Backed with competitive intelligence and benchmarking, our research reports on the vehicle RFID tag market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Vehicle RFID Tag Market 2020-2024: Key Highlights
Table of Contents: Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. View source version on businesswire.com: https://www.businesswire.com/news/home/20200730005804/en/ |