Flexible Electronics News

RFID Market Expected to Reach $31.5 Billion by 2031: AMR

The retail segment was the highest contributor to the market in 2021.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The global RFID market share is expected to witness considerable growth, owing to an increase in demand for industry 4.0, Internet of Things, and industrial automation solutions paired with the rise in disposable income in emerging economies such as India, South Korea, Brazil, Dubai, and especially in Asia-Pacific and LAMEA region, which is driving the RFID market growth.  According to a new report published by Allied Market Research (AMR), titled “RFID Market by Product Type, Frequency, End ...

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