Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Radio Frequency Identification (RFID) Devices
Overview
Market size
$12.4B
global, USD
CAGR
11.2%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
7
tracked players
Signals
12
monitored
Market outlook
2031$21.1B
What changed
Demand by region
North America demand37%
Asia Pacific demand25%
Europe demand23%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Semiconductor ICs and Wafers35%
Substrates and Inlay Materials25%
Manufacturing and Assembly Overhead20%
Logistics and Delivered Freight12%
Conductive Inks and Adhesives8%
share of delivered cost (analyst estimate)