Global Radio Frequency Identification Market 2016 Share, Trend, Segmentation and Forecast to 2020

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PUNE, INDIA, May 30, 2016 /EINPresswire.com/ -- About the Radio Frequency Identification (RFID) Market

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
Technavio’s analysts forecast the global radio frequency identification (RFID) market to grow at a CAGR of 11% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global radio frequency identification (RFID) market for 2016-2020. To calculate the market size, the report covers the revenue generated from end-user segments: industrial, financial services, logistics, retail, healthcare, and others (sports, airlines, consumer products, animals, and farming).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Radio Frequency Identification (RFID) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Datalogic
• Honeywell International
• Zebra Technologies

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Other prominent vendors
• Acreo Swedish ICT
• Alien Technology
• Avery Dennison
• Checkpoint Systems
• CipherLab
• CoreRFID
• Fieg Electronics
• GAO RFID
• Global Ranger
• Impinj
• InSync Software
• LogiTag
• Mobile Aspects
• Mojix
• Nedap
• RFID4U
• RF Ideas
• SATO VICINITY
• Skyetek
• Skytron
• Software AG
• Solstice Medical
• SMARTRAC
• Stanley InnerSpace
• TAGSYS RFID
• Tellago
• Terso Solutions
• Thinfilm
• ThingMagic
• TIBCO Software
• Tyco Retail Solutions
• WaveMark
• Xterprise
Market driver
• Inventory management
• For a full, detailed list, view our report
Market challenge
• Need for high initial investment
• For a full, detailed list, view our report
Market trend
• Growing popularity of smart factories
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Table of content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Definitions
• Common currency conversion rates
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Technology landscape
• Components of RFID system
• Differences between NFC, RFID tags, and traditional barcodes
• RFID cost structure
PART 06: Market landscape
• Market overview
• Market size and forecast
• Five forces model
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
• Americas
• EMEA
• APAC
PART 09: Key market drivers
• Inventory management
• Need for error reduction in data entry and increased need for data security
• Emergence of omni-channel retailing
• Supply chain inefficiencies
PART 10: Impact of drivers
PART 11: Key market challenges
• Data security
• Need for high initial investment
• Consumer privacy
PART 12: Impact of drivers and challenges
PART 13: Key market trends
• Growing popularity of smart factories
• Emergence of cloud-based RFID solutions
• Rapid technological advances
• Increased R&D spending by vendors
PART 14: Vendor landscape
• Competitive scenario
• Key vendors
• Other prominent vendors
PART 15: Appendix

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Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
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