Global Wireless RFID Readers Market: Industry Analysis and Forecast (2019-2026)

Global Wireless RFID Readers Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.

 

 

 

Radio Frequency Identification is emerging technology, which offers wireless identification and tracking capability. RFID technology is one of the rapidly increasing segments of the current automation identification and data capture industry.

The wireless RFID is used in the fields of a warehouse to corporate companies. The rapid expansion of the retail industry is one of the key drivers in the global wireless RFID readers market. Additionally, a rise in adoption and formation of the RFID labels for supply chain management and inventory management is also expected to boost the growth in the global wireless RFID readers market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

On the other hand, the concern regarding security and privacy is limiting the market growth.
RFID Readers empowers retail enterprises and consumers. Radio Frequency Identification tags are a small chip. Large, small and medium scale enterprises are spending more on the technological advancement of RFID readers.

The android segment is expected to grow at a XX% rate of CAGR during the forecast year. The penetration of smart mobiles is increasing, which consists of Android operating systems. Low cost and superior compatibility are expected to increase the demand for mobiles.

Radio Frequency Identification (RFID) reader is an expensive component in an RFID system. The price for RFID readers can vary from around $XX to up to $XX, which is depending on the features and capabilities required. USB readers are one of the less-expensive classes of readers available in the market. USB readers have short read ranges and widely used for desktop applications. The prices of handheld readers and fixed readers are varying greatly according to its features and functionality.

The Retailers are investing US XX Mn in the integration of the RFID solutions and helps to reduce out-of-stock situations. It also helps to provide real-time merchandise location data and enhance the customer experience. The RFID technology empowers the customer to trajectory their portfolio through the retail supply chain, which is ranging from the warehouse shelves to the sales floor. On the other hand, some of the key players have fear about the cost despite the lower barrier of installation and the impact of shopper expectations.

Region-wise, North America region is estimated to hold the dominant position in the global wireless RFID readers market. The dominant position in the market is attributed to the increase in the penetration of wireless RFID readers in the region. The US has playing an important role in the development of a significant amount of technology. The US has a proud history as an innovator in the development of global social media apps and the cloud. IoT and Big Data are some of the technology, which are disruptors to the industry.

The objective of the report is to present a comprehensive analysis of Global Wireless RFID Readers Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wireless RFID Readers Market dynamics, structure by analysing the market segments and project the Global Wireless RFID Readers Market size. Clear representation of competitive analysis of key players by Thyroid Gland Disorders Treatment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Wireless RFID Readers Market make the report investor’s guide.

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The Scope of the Report for Global Wireless RFID Readers Market

Global Wireless RFID Readers Market, By Type

• Fixed /Wall Mounted
• Portable
Global Wireless RFID Readers Market, By Operating System

• Android
• Windows
• Mac OS
• Others (Linux)
Global Wireless RFID Readers Market, By Applications

• Asset tracking
• Inventory management
• Personnel tracking
• Access Control
Global Wireless RFID Readers Market, By End- User

• Government
• Transportation & Logistics
• Retail
• Automotive
• Manufacturing
• Others
Global Wireless RFID Readers Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Wireless RFID Readers Market

• Impinj, Inc.
• Honeywell International Inc.
• Feig Electronics GmbH
• Datalogic S.p.A.
• Technology Solutions (UK) Ltd.
• Novanta Company
• Nedap N.V.
• JADAK
• Invengo Technology Pte. Ltd.
• Daily RFID Co. Limited
• CipherLab Co. Ltd.
• Bright Alliance Technology Limited
• Alien Technology

 

 

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