RFID Market - Statistics & Insights

RFID overview

The Global RFID Market is valued at USD 17.2 billion in 2024, driven by increasing adoption of digital solutions for supply chain visibility, inventory accuracy, and checkout automation. Asia-Pacific is the fastest-growing region, led by China, India, and Southeast Asia, where RFID tag shipments surged 28% Y-o-Y in 2024, outpacing the global retail technology adoption growth of 9–10%. North America and Europe continue to dominate high-value RFID solutions and system integration exports, while APAC markets are rapidly expanding their imports of RFID tags, readers, and middleware, positioning the region as a critical hub for RFID deployment in organized retail chains.

Published by MMR Statistics Research Team, Updated

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