Global Radio Frequency Identification Market to Grow at a High CAGR of around 11% by 2020- Key Vendors, Trends, Challenges, and Drivers
The Radio Frequency Identification market research report is a professional and in-depth study on the current state also focuses on the major drivers and restraints for the key players.
An RFID system is based on wireless technology, which utilizes radio waves for gathering data from a tag attached to an object. It is used for different purposes such as for tracking objects and automatic identification. Components of RFID systems are mentioned below:
Tag (used for the distinct identification of an object)
Antenna (used to detect the tag; generates a magnetic field)
Reader (used to receive tag information)
Communication infrastructure (allows reader/RFID to work through IT infrastructure)
Host
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The Radio Frequency Identification Market research report covers the present scenario and the growth prospects of the global Radio Frequency Identification industry for 2016-2020.
Key Vendors of Radio Frequency Identification Market:
Datalogic
Honeywell International
Zebra Technologies
And many more
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Market Drivers:
Inventory management
Need for error reduction in data entry and increased need for data security
Emergence of omni-channel retailing
For a full, detailed list, view our report
Market Challenge:
Data security
Need for high initial investment
Consumer privacy
For a full, detailed list, view our report
Market Trend:
Growing popularity of smart factories
Emergence of cloud-based RFID solutions
For a full, detailed list, view our report
The Radio Frequency Identification market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the Radio Frequency Identification industry. Radio Frequency Identification market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Radio Frequency Identification market demand and supply scenarios.
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Geographical Regions of Radio Frequency Identification market:
Americas
APAC
EMEA
Key questions answered in Radio Frequency Identification market report:
What are the key trends in Radio Frequency Identification market?
What are the Growth Challenges of this market?
What will the market size & growth be in 2020?
What are the key factors driving this market?
Who are the key vendors in this market space?
How key drivers and challenges impact this market?
What are the strengths and weaknesses of the key vendors?
What are the Radio Frequency Identification market opportunities, market risk and market overview?
How revenue of this Radio Frequency Identification market in previous & next coming years?
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The report then estimates 2016-2020 market development trends of Radio Frequency Identification market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Radio Frequency Identification market before evaluating its feasibility.
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Radio Frequency Identification Market Report Covered:
Possibility of the Radio Frequency Identification market
Market research methodology
Market landscape
Market segmentation by type
Geographical segmentation
Radio Frequency Identification Market drivers
Market challenges
Market trends
Vendor landscape
Key vendor analysis
List of Exhibits in Radio Frequency Identification market report:
And continued
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Absolute Reports
Ameya Pingaley
Tel: +1 408 520 9750
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results