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IDTechEx: What to Expect for the Future for RFID

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Despite a 5% drop in the global RFID market in 2020 compared to 2019, due to the impact of COVID-19, the market has recovered well in 2021. According to the newly released RFID market research report from IDTechEx, “RFID Forecasts, Players, and Opportunities 2022-2032,” the global RFID market is estimated to be valued at $11.6 billion in 2021, rising to $12.2 billion in 2022. This market comprises RFID labels, cards, fobs, and any other form factors, as well as tags, readers, and sof...

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