The article is about the market size and forecast of the RFID Reader Market from 2024 to 2030. The Global RFID Reader Market was valued at $13.29 Billion in 2024. It is growing at a CAGR of 11.0%, and it is estimated to reach $25.18 Billion by 2030. The market is growing fast because RFID Readers are used in a variety of applications and industries, including retail, healthcare, food & beverage, manufacturing, transportation, and government.
The RFID readers are divided into two types which are fixed RFID reader and handheld RFID reader. It is segmented into three frequency bands as well. We have high frequency, low frequency, and ultra-high frequency.
Furthermore, the report provides detailed information on new product launches, technology trends, forecast of geographic regions, recent developments, and investments. It also explains the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the forecast period.
The RFID Reader market is highly competitive. Key companies in the global market include GAO Group, Alien Technology, Avery Dennison Corporation, Bartech Data Systems Pvt. Ltd., Bartronics India Ltd., CAEN RFID S.r.l., Checkpoint Systems, GlobeRanger Corporation, HID Global and Honeywell International Inc… The report acknowledges these companies’ market shares, performances, competitive advantages, and competitive disadvantages.