RFID (Radio Frequency Identification) Technology Market 2018 Top Key Players, Latest Trends ,Future Growth And Forecast 2025: Grand View Research Inc.
San Francisco, 22 March 2019: The Report RFID (Radio Frequency Identification) Technology Market Analysis By Product (RFID Tags, RFID Readers, and Middleware), By Frequency, By Application, By Region, And Segment Forecasts, 2018 – 2025 The global RFID (Radio Frequency Identification) Technology Market is estimated to reach USD 40.5 billion by 2025, according to a new report by Grand View Research, Inc. The industry is expected to witness a steady growth owing to the increasing demand from the retail sector and the healthcare industry. RFID technology has been in use for several years now; however, the recent growth in its applications across a wide set of industries, such as retail, transport, medical, and defense, among others, has spurred its adoption. The retail industry is at the forefront and has witnessed its technological reconnaissance with the use of RFID tags. An interesting fact of the retail sector is the way it has successfully passed on the benefits of the te