The principle of radio frequency identification (RFID) is to conduct contactless data communication between the reader and the tag to achieve the purpose of identifying the target.Radio frequency identification, or rfid technology, is a kind of automatic identification technology, no contact the bidirectional data communication by way of radio frequency, using radio frequency way to recording media (electronic tag or rf card) for reading and writing, so as to achieve the aim of identifying target and data exchange, it is considered to be one of the most development potential of information technology in the 21st century.

Market Analysis and Insights: Global Radio Frequency Identification Technology (RFID) Market
The global Radio Frequency Identification Technology (RFID) market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Radio Frequency Identification Technology (RFID) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Radio Frequency Identification Technology (RFID) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Radio Frequency Identification Technology (RFID) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Radio Frequency Identification Technology (RFID) market.

Global Radio Frequency Identification Technology (RFID) Scope and Market Size
Radio Frequency Identification Technology (RFID) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Radio Frequency Identification Technology (RFID) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Passive RFID
Semi-active RFID
Active RFID

Segment by Application
Car Chip Anti-theft Device
Access Control
Production Line Automation
Materials Management
Unmanned Store

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Thinfilm
Thingmagic
Impinj
Rfidworld
Invengo
SimHo
Impinj