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Showing posts with the label RFID Market

RFID Market Size Research Report

  Growth opportunities in the RFID Market look promising over the next six years. This is mainly due to the rising need for tracking inventory and equipment in business activities and help to gather the exact location of assets. Request for a FREE Sample Report on RFID Market RFID Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers Several major drivers promoting the growth of the RFID market are the augmenting implication of RFID tags in logistics, manufacturing, and warehousing, surging need to track inventory and equipment in business operations, along with their growing demand for supply chain management across retail businesses. Also, RFID helps gather the location data with the help of Real-Time Location System RTLS to acknowledge the accurate position of assets, which is projected to strengthen the market size. In accordance with the Institute of Electrical and Electronics Engineers (IEEE), over 50 bil