The global Active RFID Solutions Market research report forecast to 2032 has been recently published by Reports and Data to help user understand the current market scenario. The report offers a detailed analysis of market size, market share, revenue growth, emerging trends, market drivers, restraints, opportunities, limitations, and top companies operating in the market. The data is obtained through extensive primary and secondary research which is further verified by industry experts. This data is represented using various charts, tables and graphs which makes it easier for the reader. It also provides complete analysis of the global Active RFID Solutions market with details about statistical tools such as SWOT and Porter’s Five Forces analysis.

The global Active RFID Solutions market size was USD 12.98 Billion in 2022 and is expected to be valued at USD 30.61 Billion in 2032, and register a revenue CAGR of 10% during the forecast period.

Rising demand for real-time tracking and automation across various end-use industries is expected to drive the active RFID market revenue growth over the coming ten years. Another major factor supporting revenue growth of the active RFID market is expansion of e-commerce and logistics industries, as well as rising demand for supply chain visibility. This technology is becoming more and more popular as a result of its capacity to offer real-time data on the location, movement, and status of assets, as well as its affordability and scalability. Additionally, improvements in wireless technology such as integration of 5G is expected to enhance active RFID's capabilities and increase its adoption across various industries.

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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in R&D activities are expected to boost market growth during the forecast period.

Competitive Landscape:

Competitive landscape of global Active RFID Solutions market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand product portfolio.

Some leading companies operating in the global Active RFID Solutions market

Alien Technology, Avery Dennison Corporation, NXP Semiconductors, Impinj, Inc., Zebra Technologies Corporation, Motorola Solutions, Inc., Checkpoint Systems, Inc., Samsung Electronics Co., Ltd., Decawave Limited, Murata Manufacturing Co., Ltd., Texas Instruments Incorporated, Invengo Information Technology Co., Ltd., Nara Controls Co., Ltd., GAO RFID Inc., and Koninklijke Philips N.V.

The global market is further segmented into type and application:

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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