How Big is the RFID Market | Manufacturers and Suppliers List 2025

Code: MTA8723 Publication Date: Sep 2025

How Big is the RFID Market?

According to 6Wresearch internal database and industry insights, the Global RFID Market was valued at USD 15.7 Billion in 2024 and is expected to reach USD 39.1 Billion by 2031, growing at a compound annual growth rate of 9.00% during the forecast period (2025-2031).

There are a number of factors contributing in the expansion of the RFID Market including rising adoption of contactless payment systems and increasing demand for inventory tracking with expansion in logistics, and growth in smart retail solutions.

Key Growth Drivers of the RFID Market

  • RFID is becoming popular in supply chain and logistics operations.
  • Extension of contactless ticketing and payment systems
  • Development of automated checkout and smart retail technologies
  • Growing demand for asset management and real-time tracking
  • Developments in cloud integration, RFID-enabled devices, and the Internet of Things

RFID Market Trends

RFID Market is witnessing significant growth with notable trends such as integration with IoT and AI for advanced analytics, growth of RFID-enabled smart shelves in retail, and real-time asset monitoring in healthcare. Ultra-high frequency (UHF) RFID is becoming more popular for tracking transportation and large-scale logistics.  Furthermore, cloud-based RFID platforms and RFID tag miniaturization are increasing usage in a variety of industries.  Additionally, market adoption and innovation are being accelerated by the growing demand for radio frequency identification in contactless payments, supply chain visibility, and smart manufacturing.

Emerging Developments in the RFID Market

RFID Market is accelerating with advancements in chipless RFID, hybrid sensors, and cloud-connected platforms. Market is noticing increasing investment in RFID-enabled smart city projects and automated toll collection systems.  Further, the growing expansion of retail automation and real-time healthcare monitoring is propelling market development. Additionally, the combination of blockchain, AI, and RFID for safe, data-driven tracking is increasing productivity and opening up new business opportunities in a variety of sectors.

List of Leading Companies in the RFID Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Zebra Technologies Corporation

Company NameZebra Technologies Corporation
Establishment Year1969
HeadquarterLincolnshire, Illinois, United States
Official WebsiteClick here

This company provides RFID solutions for retail, healthcare, logistics, and manufacturing sectors. It specializes in RFID readers, tags, and software for advanced asset tracking.

2. NXP Semiconductors N.V.

Company NameNXP Semiconductors N.V.
Establishment Year2006
HeadquarterEindhoven, Netherlands
Official WebsiteClick here

This company develops RFID chips, tags, and secure identification solutions. It focuses on innovations in contactless payments, smart retail, and automotive applications.

3. Avery Dennison Corporation

Company NameAvery Dennison Corporation
Establishment Year1935
HeadquarterGlendale, California, United States
Official WebsiteClick here

This company manufactures RFID inlays, labels, and tagging solutions. It emphasizes sustainability, efficiency, and scalability across retail, apparel, logistics, and healthcare industries.

4. Impinj, Inc.

Company NameImpinj, Inc.
Establishment Year2000
HeadquarterSeattle, Washington, United States
Official WebsiteClick here

This company provides RFID connectivity platforms, tags, and readers. It focuses on extending IoT connectivity to everyday items with real-time tracking and data intelligence.

5. Honeywell International Inc.

Company NameHoneywell International Inc.
Establishment Year1906
HeadquarterCharlotte, North Carolina, United States
Official WebsiteClick here

This company offers RFID-enabled solutions for logistics, aerospace, and retail. It is known for integrating RFID with automation and warehouse management systems.

6. Alien Technology, LLC

Company NameAlien Technology, LLC
Establishment Year1994
HeadquarterSan Jose, California, United States
Official WebsiteClick here

This company develops RFID tags, readers, and antennas. It emphasizes scalability, high-performance solutions, and cost-effectiveness in logistics, supply chain, and retail applications.

7. Checkpoint Systems, Inc.

Company NameCheckpoint Systems, Inc.
Establishment Year1969
HeadquarterThorofare, New Jersey, United States
Official WebsiteClick here

This company provides RFID-based retail security and inventory management solutions. It focuses on reducing shrinkage, enabling smart shelves, and improving retail operations efficiency.

8. HID Global Corporation

Company NameHID Global Corporation
Establishment Year1991
HeadquarterAustin, Texas, United States
Official WebsiteClick here

This company offers RFID-enabled identity management, access control, and authentication solutions. It specializes in secure identification technologies for enterprises, government, and healthcare.

9. Smartrac N.V. (Part of Avery Dennison)

Company NameSmartrac N.V. (Part of Avery Dennison)
Establishment Year2000
HeadquarterAmsterdam, Netherlands
Official WebsiteClick here

This company manufactures RFID inlays, tags, and IoT solutions. It is recognized for its innovative designs in consumer engagement, smart labels, and industrial asset tracking.

10. GAO RFID Inc.

Company NameGAO RFID Inc.
Establishment Year2001
HeadquarterToronto, Canada
Official WebsiteClick here

This company provides RFID readers, tags, antennas, and middleware. It serves diverse industries including logistics, healthcare, manufacturing, and security with customized RFID solutions.

How Big is the RFID Market 2025: FAQs

The RFID Market is projected to reach USD 39.1 billion by 2031.
The RFID Market is expected to grow at a CAGR of 9.00% from 2025 - 2031.
Challenges include high implementation costs, data security risks, and integration complexities across legacy systems.
Retail, logistics, transportation, healthcare, manufacturing, and smart cities are key industries driving RFID adoption.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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