RFID in Retail Market to Spread at an impressive 10.11%CAGR between 2021 and 2030.

RFID in Retail Market?to surpass?USD 26.5 Billion by 2031 from USD 10.1 Billion in 2021 at a CAGR of 10.11%?in the coming years, i.e., 2021-31. For instance, in the United States (US), all the departmental stores of Walmart practice RFID technology to track merchandising and shipment right up to their delivery in the departmental stores

"RFID can be defined as Radio Frequency Identification, is a technology, that uses radio waves to provide and gather the data and information stored on a tag attached to an object, animal, or human. Radiofrequency identification (RFID) in retail uses electromagnetic radio-frequency to deliver information and data from a tag attached to an object through the operation of a wireless scan system"

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• Market size & share analysis
• Top market players with sales, revenue, and business strategies analysis
• Market growth drivers and restraints
• Market opportunities & challenges
• Research Methodology

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Key Players in the Market

CoreRFID, GlobeRanger, GAO RFID, Honeywell International, Impinj, Invengo Technology, Mojix, Omni-ID, ORBCOMM, Tyco Retail Solutions

Market Dynamics

Drivers

• Change in consumer behavior
• Rising need for contact-tracing solutions

Restraint

• Lack of awareness about RFID solutions

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RFID in Retail Market- Geographical Analysis

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and the Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

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