RFID Market Trends Shaping Retail, Logistics, and Manufacturing
The RFID industry is expected to reach USD 25.24 billion by 2033, up from USD 12.61 billion in 2025, at a CAGR of 9.1% from 2025 to 2033. The growth in the RFID industry can be attributed to the increasing demand for automation and real-time tracking across retail, logistics & warehousing, healthcare, and manufacturing industries. Major drivers of growth of the market are an upsurge in demand for e-commerce and optimization of the supply chain, enrichment of asset tracking and solutions in inventory management, increasing precision and security through RFID technological advancements, and the growing adoption of contactless transactions. The increasing demand for passive RFID tags and readers, RFID-IoT-cloud integration solutions, RFID initiatives by the government for various sectors, and smart city and Industry 4.0 initiatives are the major growth drivers for this market. The technology is becoming less expensive with time and has become more widely applicable...