Flexible Electronics News

RFID Market Worth $35.6 Billion by 2030: MarketsandMarkets

The logistics and supply chain application is expected to hold the highest market share of the RFID tags market during the forecast period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

According to a research report “RFID Market by Offering (Tags, Readers, Software & Services), Tag Type (Passive, Active), Wafer Size, Frequency, Form Factor (Card, Implant, Key Fob, Label, Paper Ticket, Band), Material, Application & Region – Global Forecast to 2030” published by MarketsandMarkets, the RFID market is projected to reach USD $35.6 billion by 2030 from USD $14.5 billion in 2022. It is expected to grow at a CAGR of 11.9% from 2022 to 2030. RFID technolog...

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