LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global RFID market for industrial applications. This new report will provide expert market insights for the forecast period 2018-2022.
The report will follow up on Technavio’s previous RFID market for industrial applications report, providing an up-to-date analysis of the market regarding the current market scenario, latest trends and drivers, and the overall global environment. The report will also provide new predictions for the forecast period based on an in-depth analysis of the market.
The upgraded research report on the global RFID market for industrial applications is an integral part of Technavio’s human machine interface portfolio. Technavio covers an extensive range of market research reports on the human machine interface market, covering different regions and top industry segments. Some of the topics include gesture recognition, virtual reality cardboard, smart kitchen, and haptics.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
Global opportunities for growth
Technavio’s previous report on the global RFID market for industrial applications projected that in terms of geography, the Americas dominated the global RFID market for industrial applications. This region is expected to project significant growth by 2020. Factors such as the presence of a huge number of automotive companies, consumer electronics companies, and aerospace and defense companies contribute to the growth of this market. In addition, the increasing popularity of smart factories in the region will aid in this market’s growth in the Americas.
In the previous report, a senior research analyst at Technavio stated, “The rising use of RFID system for error reduction in data entry is one of the major factors driving the growth of this market. Previously, data entry was a manual process that was time-consuming and had a high probability of introducing errors. With the introduction of RFID and barcode systems, the companies can record and analyze data entries seamlessly and more accurately. These systems help detect warehouse errors such as collecting the wrong goods. Besides, inventory management is imperative in many industries such as manufacturing, logistics, and warehousing as a small error can lead to significant financial and asset losses.”
Technavio’s new report on the global RFID market for industrial applications will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
Looking for the latest information on the global RFID market for industrial applications? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size forecast and growth rate through 2022
- Top factors driving the market growth
- Competitive vendor landscape and market share analysis of the key players
- Market opportunities and factors impeding growth
Technavio’s report on the global RFID market for industrial applications for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
Personalize this report according to your needs: Request a customization
Technavio’s analysts and industry experts will work directly with you to understand your requirements. We offer USD 1,000 worth of FREE customization at the time of purchase.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
