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Analysis of the Global RFID Market in Retail

Analysis of the Global RFID Market in Retail

Historically, the adoption of radio frequency identification (RFID) technology in the retail industry has been slower than expected. Low awareness levels about return on investment (ROI), skepticism, and concerns regarding privacy were among the key challenges for RFID adoption.

The global RFID market in the retail industry offers considerable growth potential. Market revenue was $􂀀 million in 2013, at a growth rate of 􂀀%.

During the past year, retailers slowly started to witness the benefits in particular business cases for RFID use. Hence, the future of RFID adoption looks bright.

Rising interests in omni-channel retailing lays greater emphasis on efficient inventory management, loss prevention, and shrinkage. Hence, omni-channel retailing is and will continue to be the key driver for RFID adoption.

Growing interest in item-level tagging is expected to drive demand for tags in the retail industry. Applications such as inventory management, loss prevention, and customer behavior understanding are expected to augur well for the growth of RFID.

Apparel constitutes the major share of the total RFID market in retail. Other growth areas include footwear, perishables, jewellery, and personal care.

North America and Europe are expected to contribute to the short-term growth prospects while Latin America and Asia contribute to long-term growth prospects.

The market for RFID in retail is estimated to reach $􂀀 million by 2020, growing at a compound annual growth rate (CAGR) of 􂀀% between 2013 and 2020.

About this report

This study analyses the global radio frequency identification (RFID) market in the retail industry. As awareness of the technology has been growing among retailers, RFID is expected to have greater traction. The market for RFID in retail is expected to grow at a compound annual growth rate (CAGR) of 38.9% between 2013 and 2020. This study focuses on the market trends and challenges, along with the factors that drive the growth of the market. The three segments—tags, hardware, and middleware—are detailed with revenue forecast discussions. It also provides country-specific information along with a penetration analysis. The base year is 2013, and forecasts are provided till 2020.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Key Questions This Study Will Answer
    • Market Segmentation
    • Market Distribution Channels
  • Drivers and Restraints-Total RFID Market in Retail
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total RFID Market in Retail
    • Market Engineering Measurements
      • Table Total RFID Market in Retail: Market Engineering Measurements, Global, 2013
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total RFID Market in Retail: Revenue Forecast, Global, 2010-2020
    • Revenue Forecast Discussion
    • Pricing Trends and Forecast Discussion
    • Percent Revenue Forecast by Region
      • Table Total RFID Market in Retail: Percent Revenue Forecast by Region, Global, 2010-2020
    • Revenue Forecast by Region
      • Table Total RFID Market in Retail: Revenue Forecast by Region, Global, 2010-2020
    • Revenue Forecast Discussion by Region
    • Percent Revenue Forecast by Products
      • Table Total RFID Market in Retail: Percent Revenue Forecast by Products, Global, 2010-2020
    • Percent Revenue Forecast Discussion by Products
  • Market Share and Competitive Analysis-Total RFID Market in Retail
    • Key Competitors
    • Competitive Environment
    • Top Competitors
    • Product Highlights
    • Competitive Factors
  • Mega Trends and Industry Convergence Implications
    • Impact of Industry Mega Trends on the RFID Market in Retail
    • Mega Trend Impact on the RFID Market in Retail
    • Bricks to Clicks
    • Cloud Computing
    • Cloud Computing-Smart Clouds
    • Urbanization
    • Gen-Y
  • Tags Segment Analysis
    • Tags Segment Key Findings
    • Market Engineering Measurements
      • Table Tags Segment: Market Engineering Measurements, Global, 2013
    • Revenue Forecast
      • Table Tags Segment: Revenue Forecast, Global, 2010-2020
    • Revenue Forecast Discussion
  • Hardware Segment Analysis
    • Hardware Segment Key Findings
    • Market Engineering Measurements
      • Table Hardware Segment: Market Engineering Measurements, Global, 2013
    • Revenue Forecast
      • Table Hardware Segment: Revenue Forecast, Global, 2010-2020
    • Revenue Forecast Discussion
  • Middleware Segment Analysis
    • Middleware Segment Key Findings
    • Market Engineering Measurements
      • Table Middleware Segment: Market Engineering Measurements, Global, 2013
    • Revenue Forecast
      • Table Middleware Segment: Revenue Forecast, Global, 2010-2020
    • Revenue Forecast Discussion
  • North America Analysis
    • Key Findings
    • Revenue Forecast
      • Table RFID in Retail Market: Revenue Forecast, North America, 2010-2020
    • Revenue Forecast Discussion
    • Revenue Forecast by Product
      • Table RFID Market in Retail: Revenue Forecast by Product, North America, 2010-2020
    • Penetration Analysis
  • Latin America Analysis
    • Key Findings
    • Revenue Forecast
      • Table RFID Market in Retail: Revenue Forecast, Latin America, 2010-2020
    • Revenue Forecast Discussion
    • Revenue Forecast by Product
      • Table RFID Market in Retail: Revenue Forecast by Product, Latin America, 2010-2020
    • Penetration Analysis
  • Europe Analysis
    • Key Findings
    • Revenue Forecast
      • Table RFID Market in Retail: Revenue Forecast, Europe, 2010-2020
    • Revenue Forecast Discussion
    • Revenue Forecast by Product
      • Table RFID Market in Retail: Revenue Forecast by Product, Europe, 2010-2020
    • Penetration Analysis
  • APAC Analysis
    • Key Findings
    • Revenue Forecast
      • Table RFID Market in Retail: Revenue Forecast, Asia-Pacific, 2010-2020
    • Revenue Forecast Discussion
    • Revenue Forecast by Product
      • Table RFID Market in Retail: Revenue Forecast by Product, Asia-Pacific, 2010-2020
    • Penetration Analysis
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Additional Sources of Information on RFID Market
    • Partial List of Companies Interviewed

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