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Africa RFID Market

Africa RFID Market By Product Type (Tags, Readers, Software and Services); By Frequency (Low Frequency, High Frequency, Ultra-High Frequency); By Material (Plastic, Glass, Paper, Others); By End User (Commercial, Animal Tracking, Transportation, Agriculture, Security and Access Control, Healthcare, Retail, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 91332 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Africa RFID Market Size 2024 USD 262.40 million
Africa RFID Market, CGR 6.3%
Africa RFID Market Size 2032 USD 458.34 million

Market Overview

The Africa RFID Market is projected to grow from USD 262.40 million in 2024 to an estimated USD 458.34 million by 2032, with a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032. The increasing adoption of RFID technology across various industries such as retail, healthcare, logistics, and manufacturing is driving this growth.

Key drivers of the market include the growing need for automation in business processes, the increasing focus on reducing operational costs, and the rising demand for real-time data and tracking. Furthermore, the expansion of e-commerce and the need for efficient logistics and supply chain management are significantly boosting the demand for RFID solutions. Innovations in RFID technology, such as the development of passive and battery-assisted passive (BAP) RFID systems, are also contributing to market growth, making these systems more cost-effective and efficient.

Geographically, the Africa RFID Market is experiencing strong growth across regions such as South Africa, Nigeria, and Kenya. These countries are witnessing significant investments in infrastructure and technology, further accelerating the adoption of RFID solutions. Key players in the market include Zebra Technologies, Impinj, NXP Semiconductors, and Avery Dennison, among others, which are expanding their presence in the region by offering customized solutions tailored to local market needs.

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Market Insights

  • The Africa RFID market is projected to grow from USD 262.40 million in 2024 to an estimated USD 458.34 million by 2032, with a CAGR of 6.3% from 2025 to 2032.
  • The Global RFID Market is projected to grow from USD 14,378.18 million in 2024 to an estimated USD 34,461.82 million by 2032, with a compound annual growth rate (CAGR) of 10.2% from 2025 to 2032.
  • Key drivers include the increasing demand for automation, enhanced supply chain efficiency, and real-time data tracking across industries such as retail, logistics, and healthcare.
  • The expansion of e-commerce and the growing need for efficient logistics management are further fueling the adoption of RFID technology in Africa.
  • Market restraints include the high initial cost of implementation and limited infrastructure in rural areas, which can hinder widespread adoption, especially in SMEs.
  • North Africa is contributing significantly to the market, driven by countries like Egypt and Morocco, where industrialization and infrastructure investment are key factors.
  • Sub-Saharan Africa, led by countries such as Nigeria and South Africa, is experiencing rapid growth, with a focus on logistics, retail, and healthcare sectors.
  • Strong growth in South Africa, Nigeria, and Kenya is expected to continue, as these countries invest in technology and infrastructure to accelerate RFID adoption.

Report Scope

This report segments the Africa RFID Market as follows:

Africa RFID Market

Market Drivers

Increasing Demand for Automation in Supply Chain and Logistics 

The need for automation in the supply chain and logistics industry is one of the primary drivers of the RFID market in Africa. With the rapid growth of e-commerce and the expansion of retail networks, businesses are under constant pressure to enhance operational efficiency and reduce costs. RFID technology plays a crucial role in automating various processes, such as inventory tracking, asset management, and goods transportation. Leading companies in Africa have reported significant improvements in operational efficiency after implementing RFID solutions. For instance, a logistics firm in South Africa reduced stock discrepancies by 2,500 units annually after adopting RFID-based tracking. By providing real-time visibility and control over goods in transit, RFID systems ensure accurate stock levels and reduced human error. This automation allows companies to optimize their supply chains, improve customer satisfaction with on-time deliveries, and reduce operational costs. In Africa, where supply chain inefficiencies have been a persistent challenge, RFID adoption is helping businesses streamline logistics, particularly in regions with developing infrastructure.

Growing Need for Real-Time Data and Enhanced Inventory Management 

The demand for real-time data and enhanced inventory management is another significant factor contributing to the growth of the Africa RFID market. RFID technology offers superior tracking capabilities that enable businesses to monitor the movement and condition of goods in real time, ensuring more accurate data and reducing the chances of stockouts, overstocking, and misplacement of items. Companies utilizing RFID solutions have reported improved inventory accuracy and reduced losses due to misplaced stock. For instance, a retail chain in Kenya saw a decline of 1,800 misplaced items annually after introducing RFID tracking. This capability is especially crucial for industries like retail, healthcare, and manufacturing, where managing stock and ensuring product availability are vital to maintaining smooth operations. By improving inventory accuracy, RFID systems also help companies maintain optimal stock levels, reduce waste, and improve their order fulfillment processes. The rising need for transparency in supply chain operations, especially as companies strive to meet consumer expectations for faster deliveries and better service, has fueled the adoption of RFID technology in Africa.

Expanding Adoption in the Healthcare Sector

The healthcare sector in Africa is increasingly adopting RFID technology to improve the management of medical assets, patient tracking, and pharmaceuticals. Hospitals and clinics in Africa are facing challenges related to mismanagement of medical equipment, medication errors, and patient identification errors. RFID provides an effective solution to these problems by enabling the real-time tracking of assets, such as wheelchairs, infusion pumps, and surgical instruments, ensuring their availability when needed and reducing the loss or theft of medical equipment. Furthermore, RFID technology is used in patient identification systems, helping healthcare providers ensure patient safety by reducing the chances of misidentifying patients or administering incorrect treatments. In the pharmaceutical industry, RFID tags are used to track the movement of medications, ensuring that they are stored properly and not subject to counterfeiting. With growing investments in healthcare infrastructure across the continent, RFID adoption is expected to increase, particularly in larger hospitals and medical centers.

Technological Advancements and Cost Reductions

Technological advancements in RFID technology, combined with the reduction in costs, are making RFID solutions more accessible to a broader range of industries in Africa. Over the past few years, the cost of RFID tags, readers, and infrastructure has decreased significantly, making it more affordable for small and medium-sized enterprises (SMEs) to implement RFID solutions. Moreover, innovations such as the development of passive RFID tags, which do not require a battery and are more cost-effective, have expanded the applicability of RFID technology. These advancements have made it feasible for companies in developing economies, including many African countries, to invest in RFID systems without significant upfront costs. Additionally, the rise of integrated RFID solutions that combine hardware with software to provide data analytics, reporting, and management tools is driving greater value for businesses. The affordability and added value of RFID solutions are thus contributing to their rapid adoption across various sectors in Africa, further supporting market growth.

Market Trends

Increasing Demand for Automation in Supply Chain and Logistics 

The need for automation in the supply chain and logistics industry is one of the primary drivers of the RFID market in Africa. With the rapid growth of e-commerce and the expansion of retail networks, businesses are under constant pressure to enhance operational efficiency and reduce costs. RFID technology plays a crucial role in automating various processes, such as inventory tracking, asset management, and goods transportation. RFID adoption has led to a significant reduction in stock discrepancies and improved operational efficiency for logistics companies. By providing real-time visibility and control over goods in transit, RFID systems ensure accurate stock levels, faster processing times, and reduced human error. For instance, businesses in Africa that have implemented RFID solutions report increased accuracy in inventory tracking and smoother logistics operations. This automation allows companies to optimize their supply chains, improve customer satisfaction with on-time deliveries, and reduce operational costs. In Africa, where supply chain inefficiencies have been a persistent challenge, RFID adoption is helping businesses streamline logistics, particularly in regions with developing infrastructure.

Growing Need for Real-Time Data and Enhanced Inventory Management 

The demand for real-time data and enhanced inventory management is another significant factor contributing to the growth of the Africa RFID market. RFID technology offers superior tracking capabilities that enable businesses to monitor the movement and condition of goods in real time, ensuring more accurate data and reducing the chances of stockouts, overstocking, and misplacement of items. RFID-enabled inventory management systems have improved stock accuracy and reduced losses for retailers and healthcare providers. This capability is especially crucial for industries like retail, healthcare, and manufacturing, where managing stock and ensuring product availability are vital to maintaining smooth operations. For instance, retailers leveraging RFID technology have seen a significant decrease in stock misplacement and enhanced efficiency in order fulfillment. By improving inventory accuracy, RFID systems also help companies maintain optimal stock levels, reduce waste, and improve their order fulfillment processes. The rising need for transparency in supply chain operations, especially as companies strive to meet consumer expectations for faster deliveries and better service, has fueled the adoption of RFID technology in Africa.

Rise of Passive RFID Solutions

The shift towards passive RFID solutions is another growing trend in the Africa RFID market. Passive RFID tags, which do not require a battery and are significantly more affordable than active RFID systems, are becoming the preferred choice for many businesses in the region. These tags have lower upfront costs and longer lifespan, making them ideal for applications in industries such as retail, logistics, and healthcare. The trend toward passive RFID solutions is further driven by the need for cost-effective technologies that deliver the benefits of RFID, such as enhanced asset tracking and inventory management, without substantial capital expenditure. As businesses in Africa seek to reduce costs while improving operational efficiency, passive RFID will continue to gain popularity, offering a practical and sustainable solution for a range of industries. This trend also aligns with the growing demand for scalable RFID technologies that can be deployed across various sectors.

Adoption of RFID in Healthcare for Asset and Patient Tracking

The healthcare sector in Africa is experiencing a notable shift toward the adoption of RFID technology, particularly for asset and patient tracking. Hospitals and healthcare providers are increasingly using RFID to manage medical assets such as infusion pumps, wheelchairs, and surgical instruments, ensuring they are easily located when needed. RFID technology also helps reduce the loss of valuable equipment and minimizes the risk of delays in patient care. In addition to asset tracking, RFID is used in patient identification systems to ensure accurate matching of patients with their treatments, reducing the risk of errors and improving overall patient safety. As healthcare infrastructure improves and investments grow across Africa, the demand for RFID solutions in healthcare will continue to rise. The technology’s ability to improve operational efficiency, enhance patient care, and reduce operational costs makes it an attractive solution for healthcare providers across the continent. This trend is expected to accelerate as more African nations invest in modernizing their healthcare systems

Market Challenges

High Initial Costs and Infrastructure Limitations

One of the key challenges facing the Africa RFID market is the high initial costs associated with deploying RFID systems. While the technology offers long-term benefits, including improved efficiency, accuracy, and supply chain transparency, the upfront investment in RFID infrastructure, including tags, readers, and software systems, can be a significant barrier for businesses, particularly small and medium-sized enterprises (SMEs). In many African countries, businesses are cautious about adopting such technologies due to concerns about the return on investment and the financial burden. For instance, companies in the region have reported that the cost of RFID tags varies significantly depending on the type and functionality, with passive tags being more affordable compared to active tags. Additionally, RFID readers and software solutions require substantial investment, with businesses often needing to allocate additional resources for integration and maintenance. The lack of well-established infrastructure in certain regions, particularly in rural areas, presents challenges in deploying RFID systems. Inadequate power supply, limited internet connectivity, and low penetration of digital technologies can hinder the effective use of RFID systems, limiting their scalability and effectiveness. Businesses in Africa struggle with inconsistent electricity supply, which affects the reliability of RFID-based operations. Furthermore, limited access to high-speed internet in remote areas makes it difficult for companies to fully leverage cloud-based RFID solutions. These infrastructure limitations make it difficult for businesses to realize the full potential of RFID solutions, and it may take longer for the technology to gain widespread acceptance, especially in sectors like agriculture, small retail, and healthcare in underserved areas. Companies operating in these industries have expressed concerns about the feasibility of RFID adoption due to logistical constraints and the need for additional investment in supporting infrastructure.

Lack of Skilled Workforce and Technological Awareness

Another challenge faced by the Africa RFID market is the shortage of skilled professionals and a lack of widespread technological awareness regarding RFID systems. Many companies in Africa are not fully aware of the benefits RFID can offer, and there is often insufficient knowledge about how to integrate and operate these systems efficiently. This gap in knowledge can lead to underutilization or improper implementation of RFID technologies, preventing companies from achieving their desired outcomes. Furthermore, the adoption of RFID technology requires specialized knowledge in data analytics, software integration, and system maintenance. However, the shortage of professionals with these skills across many African countries has made it difficult for businesses to fully leverage RFID solutions. Additionally, training costs and the need to establish local expertise to support RFID infrastructure can further deter companies from investing in the technology. As businesses increasingly look to integrate RFID into their operations, the lack of an adequately trained workforce and technical support infrastructure remains a significant hurdle for the market.

Market Opportunities

Expansion of E-Commerce and Retail Sector

The rapid growth of e-commerce and the retail sector in Africa presents a significant market opportunity for RFID technology. As online shopping becomes increasingly popular across the continent, businesses are looking for ways to enhance their supply chain management, improve inventory accuracy, and offer faster, more reliable delivery services. RFID technology can provide retailers with real-time tracking of inventory and assets, reducing the risk of stockouts, improving stock accuracy, and enabling more efficient order fulfillment processes. The growing demand for better inventory management and seamless shopping experiences is pushing African retailers to invest in RFID solutions, making this an ideal opportunity for RFID technology providers. Additionally, as the retail sector continues to expand across the continent, particularly in underserved and emerging markets, the need for cost-effective, scalable RFID solutions will increase, driving adoption.

Advancements in Healthcare Infrastructure

As healthcare infrastructure continues to improve across Africa, there is a growing opportunity for RFID adoption in the healthcare sector. RFID technology can play a vital role in tracking medical assets, reducing equipment loss, and ensuring efficient management of critical devices such as infusion pumps, wheelchairs, and surgical tools. Furthermore, RFID is becoming a key enabler of patient safety by improving patient identification systems and ensuring that treatments are accurately matched to patients. With many African countries focusing on expanding healthcare access and upgrading healthcare facilities, there is significant potential for RFID to support these efforts by improving operational efficiency, reducing errors, and enhancing overall care. This emerging demand for RFID in healthcare presents a promising market opportunity for technology providers to capitalize on in the coming years.

Market Segmentation Analysis

By Product Type

The Africa RFID market is primarily segmented into three product types: Tags, Readers, and Software & Services. Tags, which include both passive and active RFID tags, are the most widely used in various industries due to their ability to track goods and assets with high accuracy. Passive RFID tags, in particular, are gaining popularity due to their lower cost and longer lifespan, making them ideal for applications like inventory management and asset tracking. Readers, on the other hand, are responsible for scanning and retrieving data from RFID tags. They are essential for efficient tracking and communication across supply chains and retail environments. Software and services associated with RFID systems play a crucial role in data analysis, asset management, and system integration. As businesses across Africa look to optimize their supply chains and improve operational efficiency, the demand for RFID software and services is expected to grow steadily.

By Frequency

The RFID market is also segmented based on frequency, with three main categories: Low Frequency (LF), High Frequency (HF), and Ultra-High Frequency (UHF). Low Frequency RFID is widely used in applications requiring short-range identification, such as animal tracking and access control systems. High Frequency RFID, commonly used for contactless payment systems and library tracking, operates over a slightly longer range compared to LF. Ultra-High Frequency RFID is gaining traction for logistics and inventory management applications due to its longer read range, faster data transfer rates, and ability to handle large volumes of data. The growth of e-commerce and retail sectors in Africa, where UHF RFID offers improved supply chain visibility and operational efficiency, is expected to drive the increasing adoption of UHF RFID technology.

Segments

Based on Product Type

  • Tags
  • Readers
  • Software and Services

Based on Frequency

  • Low Frequency
  • High Frequency
  • Ultra-High Frequency

Based on Material

  • Plastic
  • Glass
  • Paper
  • Others

Based on End User

  • Commercial
  • Animal Tracking
  • Transportation
  • Agriculture
  • Security and Access Control
  • Healthcare
  • Retail
  • Others

Based on Region

  • North Africa
  • Sub-Saharan Africa
  • Southern Africa

Regional Analysis

North Africa (40%)

North Africa holds a considerable share of the Africa RFID market, contributing approximately 40% to the total market revenue. This region, comprising countries like Egypt, Morocco, and Algeria, benefits from relatively well-developed industrial infrastructure and is experiencing a significant push towards automation in sectors like logistics, retail, and manufacturing. Egypt, in particular, is a key player due to its strategic location as a logistics hub and its expanding retail sector, which increasingly relies on RFID for inventory management and supply chain optimization. RFID adoption in North Africa is also supported by governmental efforts to improve infrastructure, increase the efficiency of ports and logistics, and integrate modern technologies into industries. As a result, the region is expected to see continued growth in RFID demand, particularly in asset tracking and transportation.

Sub-Saharan Africa (45%)

Sub-Saharan Africa is witnessing the most rapid growth in RFID adoption, contributing approximately 45% to the Africa RFID market share. This region, which includes key markets like Nigeria, Kenya, South Africa, and Ghana, is experiencing a surge in e-commerce, retail, and healthcare industries, all of which benefit from the operational efficiencies provided by RFID technology. The expansion of the retail sector, particularly with the rise of online shopping platforms, is one of the key drivers of RFID adoption in Sub-Saharan Africa. Furthermore, RFID is increasingly being used in agriculture, animal tracking, and logistics, with countries like Kenya leveraging it for tracking livestock and managing agricultural supply chains. Sub-Saharan Africa’s rapid urbanization, improved infrastructure, and growing demand for automated solutions contribute significantly to the growth of RFID technology in the region.

Key players

  • Zebra Technologies Corporation
  • Honeywell International Inc.
  • Smartrac
  • AVERY DENNISON CORPORATION
  • HID Global Corporation
  • Impinj Inc.
  • RFID Solutions Africa
  • Alien Technology LLC
  • Advanced Track Systems
  • ID Solutions Africa
  • Nedap
  • NextGEN

Competitive Analysis

The Africa RFID market is highly competitive, with key players actively driving innovation and market growth. Zebra Technologies Corporation and Honeywell International Inc. are two of the leading companies in the region, offering a wide range of RFID solutions tailored to industries such as logistics, healthcare, and retail. Both companies are well-established and have a strong market presence due to their advanced product portfolios and global expertise. Smartrac and Avery Dennison Corporation are also notable players, known for their comprehensive RFID tag solutions and significant contributions to product development. Local players like RFID Solutions Africa and ID Solutions Africa provide region-specific solutions, offering tailored services and addressing unique market demands. The competition is intensified by companies such as Impinj Inc. and Alien Technology LLC, which focus on enhancing RFID reader and tag technologies. As the market continues to grow, these players will likely focus on strategic partnerships and technological advancements to maintain their competitive edge.

Recent Developments

  • In June 2024, GlobeRanger released iMotion Data Orchestration, a solution that helps businesses manage edge devices such as IoT sensors, RFID readers, and other digital devices, capturing and processing data they generate.
  • In February 2023, HID Global highlighted its support for an array of IoT technologies, emphasizing its role in developing RFID devices for various sectors including automotive, manufacturing, logistics, aerospace, and energy.
  • On September 27, 2023, Zebra Technologies released its 2023 Global Warehousing Study, revealing that 58% of warehouse decision-makers plan to deploy RFID technology by 2028 to enhance inventory visibility and reduce out-of-stocks.
  • In March 2024, Impinj settled a longstanding patent-infringement dispute with NXP Semiconductors, resulting in a one-time payment of $45 million and an annual license fee starting at $15 million in 2024, with incremental increases. Both companies withdrew any ongoing proceedings and signed a patent cross-licensing agreement.
  • In April 2024, Identiv announced an agreement to sell certain operations and assets to security solutions provider Vitaprotech for $145 million. This includes divesting its physical security, access card, and identity reader operations. The transaction is expected to close in the third quarter.
  • In November 2023, Avery Dennison completed the acquisition of Silver Crystal Group, a company specializing in customized jerseys and apparel for sports organizations.

Market Concentration and Characteristics 

The Africa RFID market exhibits moderate concentration, with a mix of global players and regional specialists actively competing for market share. Major international companies such as Zebra Technologies, Honeywell International, and Avery Dennison dominate the market due to their well-established global presence, advanced technology, and wide product portfolios. However, regional players like RFID Solutions Africa and ID Solutions Africa are gaining traction by offering localized solutions tailored to the unique needs of African industries, particularly in logistics, retail, and healthcare. The market is characterized by rapid growth, driven by increased adoption of RFID for automation, real-time tracking, and inventory management across various sectors. As the market continues to expand, competition is expected to intensify, with companies focusing on technological innovation, cost-effective solutions, and strategic partnerships to strengthen their market positions and cater to the diverse needs of African businesses.

Report Coverage

The research report offers an in-depth analysis based on Product Type, Frequency, Material, End User and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The Africa RFID market is expected to continue its steady growth, driven by the increasing need for automation and efficient asset tracking across various industries. This growth will be underpinned by the expanding adoption of RFID in logistics, retail, and healthcare sectors.
  1. With the rapid growth of e-commerce across the continent, RFID technology will play a crucial role in streamlining supply chain operations and enhancing inventory management. Retailers will increasingly rely on RFID to improve customer experience and operational efficiency.
  1. Healthcare will see a rise in RFID adoption, particularly for patient tracking and medical asset management. Hospitals and clinics will leverage RFID to improve patient safety, reduce errors, and enhance operational efficiency.
  1. Technological innovations such as the development of more cost-effective and durable passive RFID tags will drive greater adoption across diverse industries. These advancements will make RFID solutions more accessible for small and medium-sized enterprises (SMEs).
  1. As African countries invest in smart city projects and modernizing infrastructure, RFID technology will be critical for traffic management, smart transportation systems, and utility management. This will expand the use of RFID beyond traditional sectors.
  1. RFID will increasingly be used in agriculture for tracking livestock, monitoring crops, and improving food safety. This trend will grow as agricultural practices become more modernized and tech-driven across the continent.
  1. The integration of RFID with Internet of Things (IoT) devices will lead to more sophisticated solutions for real-time asset tracking and monitoring. This combination will drive the efficiency of industries such as logistics and supply chain management.
  1. Governments in several African nations are expected to promote the use of RFID for tracking goods, enhancing supply chain visibility, and boosting economic efficiency. Public sector adoption will increase as infrastructure projects grow.
  1. As the cost of RFID hardware and implementation continues to decrease, it will become more affordable for businesses, especially SMEs, to adopt RFID solutions. This will accelerate market penetration in various industries.
  1. While regions like North and Southern Africa will continue to lead in RFID adoption due to better infrastructure, Sub-Saharan Africa will experience rapid growth, fueled by increasing urbanization and improvements in digital technology.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Product Type 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. RFID Market Snapshot 21

2.1.1. Africa RFID Market, 2018 – 2032 (USD Million) 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : RFID MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Driving Factor 1 Analysis 25

4.2.2. Driving Factor 2 Analysis 26

4.3. Market Restraints 27

4.3.1. Restraining Factor Analysis 27

4.4. Market Opportunities 28

4.4.1. Market Opportunities Analysis 28

4.5. Porter’s Five Force analysis 29

4.6. Value Chain Analysis 30

4.7. Buying Criteria 31

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 32

5.1. Company Market Share Analysis – 2023 32

5.1.1. Africa RFID Market: Company Market Share, by Revenue, 2023 32

5.1.2. Africa RFID Market: Top 6 Company Market Share, by Revenue, 2023 32

5.1.3. Africa RFID Market: Top 3 Company Market Share, by Revenue, 2023 33

5.2. Africa RFID Market Company Revenue Market Share, 2023 34

5.3. Company Assessment Metrics, 2023 35

5.3.1. Stars 35

5.3.2. Emerging Leaders 35

5.3.3. Pervasive Players 35

5.3.4. Participants 35

5.4. Start-ups /Code Assessment Metrics, 2023 35

5.4.1. Progressive Companies 35

5.4.2. Responsive Companies 35

5.4.3. Dynamic Companies 35

5.4.4. Starting Blocks 35

5.5. Strategic Developments 36

5.5.1. Acquisition & Mergers 36

New Product Type Launch 36

Regional Expansion 36

5.6. Key Players Product Type Matrix 37

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 38

6.1. PESTEL 38

6.1.1. Political Factors 38

6.1.2. Economic Factors 38

6.1.3. Social Factors 38

6.1.4. Technological Factors 38

6.1.5. Environmental Factors 38

6.1.6. Legal Factors 38

6.2. Adjacent Market Analysis 38

CHAPTER NO. 7 : RFID MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 39

7.1. RFID Market Overview, by Product Type Segment 39

7.1.1. RFID Market Revenue Share, By Product Type, 2023 & 2032 40

7.1.2. RFID Market Attractiveness Analysis, By Product Type 41

7.1.3. Incremental Revenue Growth Opportunities, by Product Type, 2024 – 2032 41

7.1.4. RFID Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 42

7.2. Tags 43

7.3. Readers 44

7.4. Software and Services 45

CHAPTER NO. 8 : RFID MARKET – BY FREQUENCY SEGMENT ANALYSIS 46

8.1. RFID Market Overview, by Frequency Segment 46

8.1.1. RFID Market Revenue Share, By Frequency, 2023 & 2032 47

8.1.2. RFID Market Attractiveness Analysis, By Frequency 48

8.1.3. Incremental Revenue Growth Opportunities, by Frequency, 2024 – 2032 48

8.1.4. RFID Market Revenue, By Frequency, 2018, 2023, 2027 & 2032 49

8.2. Low Frequency 50

8.3. High Frequency 51

8.4. Ultra-High Frequency 52

CHAPTER NO. 9 : RFID MARKET – BY MATERIAL SEGMENT ANALYSIS 53

9.1. RFID Market Overview, by Material Segment 53

9.1.1. RFID Market Revenue Share, By Material, 2023 & 2032 54

9.1.2. RFID Market Attractiveness Analysis, By Material 55

9.1.3. Incremental Revenue Growth Opportunities, by Material, 2024 – 2032 55

9.1.4. RFID Market Revenue, By Material, 2018, 2023, 2027 & 2032 56

9.2. Plastic 57

9.3. Glass 58

9.4. Paper 59

9.5. Others 60

CHAPTER NO. 10 : RFID MARKET – BY END USER SEGMENT ANALYSIS 61

10.1. RFID Market Overview, by End User Segment 61

10.1.1. RFID Market Revenue Share, By End User, 2023 & 2032 62

10.1.2. RFID Market Attractiveness Analysis, By End User 63

10.1.3. Incremental Revenue Growth Opportunities, by End User, 2024 – 2032 63

10.1.4. RFID Market Revenue, By End User, 2018, 2023, 2027 & 2032 64

10.2. Commercial 65

10.3. Animal Tracking 66

10.4. Transportation 67

10.5. Agriculture 68

10.6. Security and Access Control 69

10.7. Healthcare 70

10.8. Retail 71

10.9. Others 72

CHAPTER NO. 11 : RFID MARKET – AFRICA 73

11.1. Africa 73

11.1.1. Key Highlights 73

11.1.2. Africa RFID Market Revenue, By Country, 2018 – 2023 (USD Million) 74

11.2. Product Type 75

11.3. Africa RFID Market Revenue, By Product Type, 2018 – 2023 (USD Million) 75

11.4. Africa RFID Market Revenue, By Product Type, 2024 – 2032 (USD Million) 75

11.5. Frequency 76

11.5.1. Africa RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 76

11.5.1. Africa RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 76

11.6. Material 77

11.6.1. Africa RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 77

11.6.2. Africa RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 77

11.7. End User 78

11.7.1. Africa RFID Market Revenue, By End User, 2018 – 2023 (USD Million) 78

11.7.2. Africa RFID Market Revenue, By End User, 2024 – 2032 (USD Million) 78

11.8. Egypt 79

11.9. Nigeria 79

11.10. Algeria 79

11.11. Morocco 79

11.12. Rest of Africa 79

CHAPTER NO. 12 : COMPANY PROFILES 80

12.1. Zebra Technologies Corporation 80

12.1.1. Company Overview 80

12.1.2. Product Type Portfolio 80

12.1.3. Swot Analysis 80

12.1.4. Business Strategy 81

12.1.5. Financial Overview 81

12.2. Honeywell International Inc 82

12.3. Smartrac 82

12.4. AVERY DENNISON CORPORATION 82

12.5. HID Global Corporation 82

12.6. Impinj Inc. 82

12.7. RFID Solutions Africa 82

12.8. Alien Technology LLC 82

12.9. Advanced Track Systems 82

12.10. ID Solutions Africa 82

12.11. Nedap 82

12.12. NextGEN 82

12.13. Company 13 82

12.14. Company 14 82

12.15. Company 15 82

12.16. Others 82

]

List of Figures

FIG NO. 1. Africa RFID Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for Africa RFID Market 29

FIG NO. 3. Value Chain Analysis for Africa RFID Market 30

FIG NO. 4. Company Share Analysis, 2023 32

FIG NO. 5. Company Share Analysis, 2023 32

FIG NO. 6. Company Share Analysis, 2023 33

FIG NO. 7. RFID Market – Company Revenue Market Share, 2023 34

FIG NO. 8. RFID Market Revenue Share, By Product Type, 2023 & 2032 40

FIG NO. 9. Market Attractiveness Analysis, By Product Type 41

FIG NO. 10. Incremental Revenue Growth Opportunities by Product Type, 2024 – 2032 41

FIG NO. 11. RFID Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 42

FIG NO. 12. Africa RFID Market for Tags, Revenue (USD Million) 2018 – 2032 43

FIG NO. 13. Africa RFID Market for Readers, Revenue (USD Million) 2018 – 2032 44

FIG NO. 14. Africa RFID Market for Software and Services, Revenue (USD Million) 2018 – 2032 45

FIG NO. 15. RFID Market Revenue Share, By Frequency, 2023 & 2032 47

FIG NO. 16. Market Attractiveness Analysis, By Frequency 48

FIG NO. 17. Incremental Revenue Growth Opportunities by Frequency, 2024 – 2032 48

FIG NO. 18. RFID Market Revenue, By Frequency, 2018, 2023, 2027 & 2032 49

FIG NO. 19. Africa RFID Market for Low Frequency, Revenue (USD Million) 2018 – 2032 50

FIG NO. 20. Africa RFID Market for High Frequency, Revenue (USD Million) 2018 – 2032 51

FIG NO. 21. Africa RFID Market for Ultra-High Frequency, Revenue (USD Million) 2018 – 2032 52

FIG NO. 22. RFID Market Revenue Share, By Material, 2023 & 2032 54

FIG NO. 23. Market Attractiveness Analysis, By Material 55

FIG NO. 24. Incremental Revenue Growth Opportunities by Material, 2024 – 2032 55

FIG NO. 25. RFID Market Revenue, By Material, 2018, 2023, 2027 & 2032 56

FIG NO. 26. Africa RFID Market for Plastic, Revenue (USD Million) 2018 – 2032 57

FIG NO. 27. Africa RFID Market for Glass, Revenue (USD Million) 2018 – 2032 58

FIG NO. 28. Africa RFID Market for Paper, Revenue (USD Million) 2018 – 2032 59

FIG NO. 29. Africa RFID Market for Others, Revenue (USD Million) 2018 – 2032 60

FIG NO. 30. RFID Market Revenue Share, By End User, 2023 & 2032 62

FIG NO. 31. Market Attractiveness Analysis, By End User 63

FIG NO. 32. Incremental Revenue Growth Opportunities by End User, 2024 – 2032 63

FIG NO. 33. RFID Market Revenue, By End User, 2018, 2023, 2027 & 2032 64

FIG NO. 34. Africa RFID Market for Commercial, Revenue (USD Million) 2018 – 2032 65

FIG NO. 35. Africa RFID Market for Animal Tracking, Revenue (USD Million) 2018 – 2032 66

FIG NO. 36. Africa RFID Market for Transportation, Revenue (USD Million) 2018 – 2032 67

FIG NO. 37. Africa RFID Market for Agriculture, Revenue (USD Million) 2018 – 2032 68

FIG NO. 38. Africa RFID Market for Security and Access Control, Revenue (USD Million) 2018 – 2032 69

FIG NO. 39. Africa RFID Market for Healthcare, Revenue (USD Million) 2018 – 2032 70

FIG NO. 40. Africa RFID Market for Retail, Revenue (USD Million) 2018 – 2032 71

FIG NO. 41. Africa RFID Market for Others, Revenue (USD Million) 2018 – 2032 72

FIG NO. 42. Africa RFID Market Revenue, 2018 – 2032 (USD Million) 73

List of Tables

TABLE NO. 1. : Africa RFID Market: Snapshot 21

TABLE NO. 2. : Drivers for the RFID Market: Impact Analysis 25

TABLE NO. 3. : Restraints for the RFID Market: Impact Analysis 27

TABLE NO. 4. : Africa RFID Market Revenue, By Country, 2018 – 2023 (USD Million) 74

TABLE NO. 5. : Africa RFID Market Revenue, By Country, 2024 – 2032 (USD Million) 74

TABLE NO. 6. : Africa RFID Market Revenue, By Product Type, 2018 – 2023 (USD Million) 75

TABLE NO. 7. : Africa RFID Market Revenue, By Product Type, 2024 – 2032 (USD Million) 75

TABLE NO. 8. : Africa RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 76

TABLE NO. 9. : Africa RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 76

TABLE NO. 10. : Africa RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 77

TABLE NO. 11. : Africa RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 77

TABLE NO. 12. : Africa RFID Market Revenue, By End User, 2018 – 2023 (USD Million) 78

TABLE NO. 13. : Africa RFID Market Revenue, By End User, 2024 – 2032 (USD Million) 78

 

Frequently Asked Questions

What is the projected market size of the Africa RFID Market in 2023 and 2032?

The Africa RFID Market is projected to grow from USD 262.40 million in 2024 to an estimated USD 458.34 million by 2032, with a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032.

What are the key drivers of growth in the Africa RFID Market?

The key drivers include the increasing need for automation, enhanced supply chain efficiency, demand for real-time tracking, and the growth of e-commerce, which boosts the need for RFID solutions.

How is RFID technology benefiting industries in Africa?

RFID technology is enhancing inventory management, streamlining supply chain processes, and providing real-time data for efficient asset tracking across sectors like retail, logistics, and healthcare.

Who are the key players in the Africa RFID Market?

Key players in the Africa RFID Market include Zebra Technologies, Impinj, NXP Semiconductors, and Avery Dennison, all of which are expanding their presence in the region with customized solutions.

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