Global RFID Tag Market Research Report Forecast 2016-2021
MarketResearchNest.com adds “Global RFID Tag Market Outlook 2016-2021”new report to its research database. The report spread across in a 129 pages with table and figures in it.
In a basic RFID system, tags are attached to all items that are to be tracked. These tags are made from a tiny tag-chip, sometimes called an integrated circuit (IC), which is connected to an antenna that can be built into many different kinds of tags including apparel hang tags, labels, and security tags, as well as a wide variety of industrial asset tags. The tag chip contains memory which stores the product’s electronic product code (EPC) and other variable information so that it can be read and tracked by RFID readers anywhere.
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RFID tag production, which measures output worldwide, was expected to reach 11,312 million units in 2016 with an increase of 23.78% from its year-earlier level. The global RFID tag market size is estimated to grow from USD 343.41 million in 2011 to USD 869.67 million by 2016, at an estimated CAGR of 20.42% between 2011 and 2016. With regards to this, key players of RFID tag industry are expected to find potential opportunities in this market.
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The global RFID tag market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global RFID tag market are Avery, SMARTRAC, Alien, Arizon, SAG, Century, Invengo, Honeywell, Shenzhen Chuangxinjia, UBIQUE, etc.
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Mr. Jeet Jain