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Global Retail RFID Security Tags Market 2017-2021

Global Retail RFID Security Tags Market 2017-2021

About Retail RFID Security Tags

RFID tags are electronic tags, which function on the principle of radio waves. They use electromagnetic fields to automatically identify and track tags that are attached to objects. They are primarily used for monitoring and tracking objects through an RFID reader. The information recorded by RFID tags can be later read by scanning devices using RFID technology. RFID tags in retail operations help reduce delivery cycle time, provide transparency, streamline supply chain operations, and help retailers capture data, and use data management software to identify the buying pattern of customers.

Technavio’s analysts forecast the global retail RFID security tags market to grow at a CAGR of 38.26% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global retail RFID security tags market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Retail RFID Security Tags Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alien Technology
  • Avery Dennison
  • SMARTRAC
  • SML Group
  • ZIH
Other prominent vendors
  • CoreRFID
  • GlobeRanger
  • GAO RFID
  • Honeywell International
  • Impinj
  • Invengo Technology
  • Mojix
  • Omni-ID
  • ORBCOMM
  • Tyco Retail Solutions
Market driver
  • Shrinking of the supply chain
  • For a full, detailed list, view our report
Market challenge
  • High maintenance cost and risk of mechanical vulnerability
  • For a full, detailed list, view our report
Market trend
  • Growing omnichannel retailing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Retail RFID Security Tags Market 2017-2021

Technavio recognizes the following companies as the key players in the global retail RFID security tags market: Alien Technology, Avery Dennison, SMARTRAC, SML Group, and ZIH.

Other Prominent Vendors in the market are: CoreRFID, GlobeRanger, GAO RFID, Honeywell International, Impinj, Invengo Technology, Mojix, Omni-ID, ORBCOMM, and Tyco Retail Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing omnichannel retailing. Omnichannel retailing is a new trend that is focused on providing a seamless shopping experience for customers of both traditional and digital shopping platforms. Omnichannel shoppers spend anywhere between 30% and 60% more than single-channel shoppers.”

According to the report, one driver in the market is shrinking of the supply chain. Loss of physical inventory from employees, customer theft, and bad inventory information leads to shrink (loss of inventory) in the retail industry. These losses can be prevented by using RFID tags that hold a unique number, which is imposed on the products. When these products cross checkouts or store exits without getting billed, alarms in the store alert employees, thereby reducing the possibilities of shoplifting. In case of a unnoticeable employee theft, retailers can restock or reorder stolen items to prevent out-of-stock conditions. They can explore the data to identify trends and change their theft prevention processes to prevent or mitigate future incidents.

Further, the report states that one challenge in the market is high maintenance cost and risk of mechanical vulnerability. Although the cost of RFIDs has declined over the years, the cost of maintenance associated with the deployment of RFID has emerged to be one of the biggest obstacles for retailers using RFID technology. The cost incurred on upgrading machines, equipment, and other facilities to use RFID is one such drawback. To derive the best results from RFID tags and achieve maximum visibility, retailers must ensure that all facilities are able to read the tags and report back data to the host system, which requires a significant investment. RFID deployment requires an efficient middleware to manage and transfer data to the destination with high accuracy and no redundancy.

Companies Mentioned

Alien Technology, Avery Dennison, SMARTRAC, SML Group, ZIH, CoreRFID, GlobeRanger, GAO RFID, Honeywell International, Impinj, Invengo Technology, Mojix, Omni-ID, ORBCOMM, and Tyco Retail Solutions.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
    • Parent market: Global RFID market for retail applications
      • Table Global RFID market for retail applications 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Global retail RFID security tags: Market scenario 2016-2021
    • Market size and forecast
      • Table Global retail RFID security tags market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Global retail RFID security tags market: Five forces analysis
  • Market segmentation by frequency
    • Global retail RFID security tags market: Segmentation by frequency
      • Table Global retail RFID security tags market: Segmentation by frequency 2016-2021 (% share of revenue)
      • Table Global retail RFID security tags market: Segmentation by frequency 2016 (% share of revenue)
      • Table Global retail RFID security tags market: Segmentation by frequency 2021 (% share of revenue)
    • Comparison by frequency
      • Table Global retail RFID security tags market: Comparison by frequency
    • HF RFID retail security tags - market size & forecast
      • Table Global HF RFID retail security tags - Market size & forecast 2016-2021 ($ millions)
      • Table Global HF RFID retail security tags market: Year-over-year growth 2017-2021
    • UHF RFID retail security tags - Market size & forecast
      • Table Global UHF RFID retail security tags market: Market size & forecast 2016-2021 ($ millions)
      • Table Global UHF RFID retail security tags market: Year-over-year growth 2017-2021
    • LF RFID retail security tags - Market size & forecast
      • Table Global LF RFID retail security tags market: Market size & forecast 2016-2021 ($ millions)
      • Table Global LF RFID retail security tags market: Year-over-year growth 2017-2021
    • Others RFID retail security tags - market size & forecast
      • Table Global others RFID retail security tags market: Market size & forecast 2016-2021 ($ millions)
      • Table Global others RFID retail security tags market: Year-over-year growth 2017-2021
    • Market opportunity by frequency
  • Market segmentation by product
    • Global retail RFID retail security tags market: Segmentation by product
      • Table Global RFID retail security tags market: Segmentation by product 2016 (% share of revenue)
      • Table Global RFID retail security tags market: Segmentation by product 2021 (% share of revenue)
      • Table Global retail RFID security tags market: Segmentation by product 2016-2021 (% share of revenue)
    • Comparison by product
      • Table Global retail RFID security tags market: Comparison by product
    • Passive tags- market size & forecast
      • Table Global retail Passive RFID security tags market: Market size & forecast 2016-2021 ($
      • Table Global passive retail RFID security tags market: Year-over-year growth 2017-2021
    • Active tags - market size & forecast
      • Table Global active retail RFID security tags market: Market size & forecast 2016-2021 ($ millions)
      • Table Global active retail RFID security tags market: Year-over-year growth 2017-2021
    • Market opportunity by product
  • Regional landscape
    • Global retail RFID security tags market: Geographical segmentation
      • Table Global retail RFID security tags market: Regional segmentation 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Global retail RFID security tags market: Regional comparison
    • Americas - market size & forecast
      • Table Retail RFID security tags market in the Americas: Market size & forecast 2016-2021 ($ millions)
      • Table Retail RFID security tags market in the Americas: Year-over-year growth 2017-2021
      • Table Retail RFID security tags market: Top 3 countries in Americas (% share of revenue)
    • APAC - market size & forecast
      • Table Retail RFID security tags market in APAC: Market size & forecast 2016-2021 ($ millions)
      • Table Retail RFID security tags market in APAC: Year-over-year growth 2017-2021
      • Table Retail RFID security tags market: Top 3 countries in APAC (% share of revenue)
    • EMEA - market size & forecast
      • Table Retail RFID security tags market in EMEA: Market size & forecast 2016-2021 ($ millions)
      • Table Retail RFID security tags market in EMEA: Year-over-year growth 2017-2021
      • Table Retail RFID security tags market: Top 3 countries in EMEA (% share of revenue)
    • Key leading countries
      • Table Global retail RFID security tags market: Key leading countries (% share of revenue)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing omnichannel retailing
    • Provision of cloud-based-RFID solutions
    • Use of RFID security tags to monitor perishable goods
  • Competitor landscape
    • Competitive scenario
  • Vendor analysis
    • Alien Technology
      • Table Alien Technology: Product segmentation
      • Table Alien Technology: Product portfolio
      • Table Alien Technology: Recent highlights
    • Avery Dennison
      • Table Avery Dennison: Product segmentation
      • Table Avery Dennison: Business segmentation 2016 (% share of revenue)
      • Table Avery Dennison: Geographic segmentation 2016 (% share of revenue)
      • Table Avery Dennison: Recent highlights
    • SMARTRAC
      • Table SMARTRAC: Product segmentation
      • Table SMARTRAC: Recent highlights
    • SML Group
      • Table SML Group: Product portfolio
      • Table SML Group: Recent highlights
    • ZIH
      • Table ZIH: Product segmentation
      • Table ZIH: Business segmentation 2016 (% share of revenue)
      • Table ZIH: Geographic segmentation 2016 (% share of revenue)
      • Table ZIH: Recent highlights
    • Other prominent competitors
      • Table Global retail RFID security tags market: Other prominent competitors
  • Appendix
    • List of abbreviations
  • ExploreTechnavio

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