Home » Semiconductor & Electronics » India RFID Market

India RFID Market

India 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

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
India RFID Market Size 2024	USD413.90 million
India RFID Market, CGR	12.3%
India RFID Market Size 2032	USD1,180.74 million

Market Overview

The India RFID Market is projected to grow from USD413.90 million in 2024 to an estimated USD1,180.74 million by 2032, with a compound annual growth rate (CAGR) of 12.3% from 2025 to 2032. This growth reflects the expanding adoption of RFID technology across various sectors, driven by advancements in automation, supply chain management, and logistics.

Several factors are driving the market’s expansion. The growing demand for automated inventory management and the need for reducing operational costs are pushing the adoption of RFID systems. Additionally, the increasing focus on improving security and preventing counterfeiting in industries such as pharmaceuticals and electronics has also contributed to the market’s growth. The rise of e-commerce and the need for better tracking solutions are fueling the demand for RFID tags and readers in logistics and warehousing.

Geographically, the India RFID Market is witnessing significant growth across major urban regions, with a strong focus on logistics hubs, retail outlets, and healthcare facilities. Key players in the market include Impinj, Zebra Technologies, Honeywell International Inc., and NXP Semiconductors, which are leading the adoption of RFID solutions by offering innovative products and solutions tailored to various industry needs. These companies are investing in R&D to enhance RFID capabilities and expand their presence in the rapidly evolving Indian market.

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

Market Insights

The India RFID Market is projected to grow from USD413.90 million in 2024 to USD1,180.74 million by 2032, with a CAGR of 12.3% from 2025 to 2032, driven by increasing automation and demand for efficient supply chain management.
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.
The growing need for automated inventory management, real-time data accuracy, and reduced operational costs are key factors pushing RFID adoption across various industries like retail, logistics, and healthcare.
High initial costs of implementing RFID systems, especially for small and medium-sized enterprises (SMEs), and concerns related to data privacy and security are potential challenges hindering wider adoption.
The North and South regions of India are the key drivers of RFID adoption, with urban areas like Delhi, Bangalore, and Mumbai seeing the highest growth in logistics, healthcare, and retail sectors.
The rapid growth of e-commerce in India is significantly boosting the demand for RFID in logistics and warehousing, where real-time tracking and inventory management are critical.
Initiatives such as the Smart Cities Mission and infrastructure development are expected to increase RFID adoption in sectors like transportation, security, and supply chain management across India.
The integration of RFID with IoT and AI technologies is enhancing the real-time data processing capabilities of RFID systems, offering businesses greater efficiency and smarter decision-making.

Report Scope

This report segments the India RFID Market as follows:

Market Drivers

Rising Demand for Automation and Efficiency in Supply Chains

The increasing demand for automation across industries is one of the foremost drivers of the India RFID market. As industries look for ways to optimize supply chains, RFID technology has become an essential tool. RFID systems enhance efficiency by automating the process of tracking inventory and assets in real-time. The ability to gather accurate data with minimal human intervention reduces manual errors and saves time. For instance, retailers use RFID technology to streamline inventory management, reducing stockouts and overstock situations. In the logistics sector, RFID enables better tracking of goods from the warehouse to the point of sale, improving the entire supply chain’s visibility and efficiency. For instance, RFID adoption in India’s logistics sector has led to a 98% accuracy rate in inventory tracking, significantly reducing stock discrepancies. With the growing importance of real-time data and demand for faster delivery times in India’s burgeoning retail and e-commerce sectors, RFID technology helps meet these requirements. Additionally, the adoption of RFID solutions reduces operational costs by eliminating the need for manual counting, reducing inventory errors, and minimizing human labor costs.

Increasing Focus on Security and Anti-Counterfeiting Measures

Security concerns, especially in industries dealing with high-value goods such as pharmaceuticals, electronics, and luxury items, have accelerated the demand for RFID technology in India. RFID solutions help prevent counterfeiting by offering unique identifiers for each product, making it easier to authenticate goods. The pharmaceutical industry, in particular, faces significant challenges with counterfeit drugs entering the market, leading to health risks and financial losses. The use of RFID tags enables traceability from manufacturer to distributor, retailer, and ultimately the consumer, ensuring product authenticity. This traceability is vital for regulatory compliance, particularly with India’s growing pharmaceutical export market. For instance, one in four Indian consumers has unknowingly purchased a counterfeit product, highlighting the urgent need for stronger authentication measures. Furthermore, RFID helps improve the security of electronic products, preventing theft and loss. As counterfeiting continues to grow in several sectors, RFID is viewed as a robust solution to ensure product integrity and enhance consumer trust, especially in the Indian market, where counterfeit goods have become a persistent problem.

Growth of E-Commerce and Retail Sectors

The rapid expansion of e-commerce in India, coupled with the evolving needs of traditional retail, is another key driver of the RFID market. With India’s online retail market expected to see massive growth in the coming years, particularly in the wake of the COVID-19 pandemic, RFID technology plays a crucial role in managing large inventories and ensuring smooth operations. E-commerce giants and retailers are increasingly adopting RFID technology to improve stock accuracy, reduce order fulfillment time, and enhance customer satisfaction. RFID technology ensures that items are accurately tracked throughout the supply chain, from warehousing to last-mile delivery, minimizing delays and improving order accuracy. In physical retail stores, RFID helps improve the customer shopping experience by facilitating quicker checkouts and better stock visibility. Retailers can track inventory in real-time, ensuring the availability of popular products and providing a seamless experience to customers, both in-store and online. Additionally, RFID technology enables real-time promotions and product offerings, optimizing inventory and reducing waste.

Government Initiatives and Investments in Infrastructure Development

Government policies and initiatives play a critical role in driving the adoption of RFID technology across India. The Indian government has been making substantial investments in upgrading its infrastructure, including the logistics and transportation sectors, where RFID technology is being increasingly used. The “Make in India” initiative, aimed at boosting manufacturing and enhancing the ease of doing business in the country, encourages industries to adopt advanced technologies such as RFID to streamline their operations. Moreover, government efforts to improve supply chain efficiency through various policies such as the Goods and Services Tax (GST) and the National Logistics Policy are contributing to the adoption of RFID systems for inventory and asset tracking. These policies promote standardization in logistics and warehousing, where RFID technology offers clear advantages in terms of traceability, reducing operational inefficiencies, and ensuring compliance with regulations. Additionally, the government’s focus on Smart Cities and urban development projects has provided a boost to RFID technology adoption, especially in transportation and healthcare sectors. These initiatives foster the growth of an integrated system where RFID solutions can improve data collection, reduce bottlenecks, and support the creation of a digitally connected infrastructure.

Market Trends

Increasing Adoption of RFID in Healthcare

The healthcare sector in India is increasingly adopting RFID technology to streamline operations and improve patient care. RFID systems are used for tracking medical equipment, ensuring the availability of critical supplies, and managing patient records. Hospitals and healthcare facilities are integrating RFID with electronic health records (EHR) systems, enabling real-time access to patient data, thus improving operational efficiency and minimizing errors. According to industry reports, RFID technology is being implemented in major hospitals across India, with over 500 healthcare facilities integrating RFID for patient tracking and inventory management. Healthcare providers are leveraging RFID to monitor the movement of medical assets, ensuring timely availability and reducing losses due to misplacement. Additionally, pharmaceutical companies are utilizing RFID to track drug shipments, ensuring authenticity and preventing counterfeit medicines from entering the supply chain. With rising concerns over healthcare efficiency, patient safety, and counterfeit drugs, the adoption of RFID technology in the healthcare sector is expected to grow, ensuring better management of both assets and patients.

Integration of RFID with Internet of Things (IoT)

The integration of RFID technology with the Internet of Things (IoT) is gaining traction in the Indian market. By combining RFID tags with IoT platforms, businesses can gather more detailed and actionable insights from their assets, inventory, and supply chains. The real-time data collected from RFID devices can be sent to cloud-based IoT platforms, enabling businesses to monitor and analyze information remotely. Industry leaders in India are deploying RFID-enabled IoT solutions to enhance supply chain visibility and automate inventory management. Logistics firms are integrating RFID with IoT to track shipments in real time, with over 1,000 logistics companies adopting RFID-based tracking systems. Retailers are also leveraging RFID-driven IoT systems to optimize stock levels and enhance customer experience through automated checkout solutions. With IoT-driven RFID solutions, industries like logistics, retail, and manufacturing in India are optimizing their supply chains and improving customer service, all while reducing operational costs.

Use of RFID in Retail for Enhanced Customer Experience

In the Indian retail sector, RFID is becoming an integral part of enhancing the customer experience. Retailers are deploying RFID technology for real-time inventory tracking, which ensures products are always available on shelves. RFID-based self-checkout systems are being implemented to provide a smoother and faster shopping experience, reducing long checkout lines and enhancing customer satisfaction. Additionally, RFID is being used to optimize supply chain operations, reducing stockouts and enhancing the accuracy of orders. By leveraging RFID for stock visibility and faster checkout processes, retailers are improving both the operational efficiency of their stores and the overall shopping experience for consumers.

Growth of RFID in Smart Manufacturing and Industry 4.0

The Indian manufacturing sector is embracing Industry 4.0 technologies, with RFID playing a pivotal role in the transition. RFID systems are used for asset tracking, real-time inventory management, and ensuring the smooth flow of raw materials on production floors. As India continues to embrace smart manufacturing, RFID technology is being integrated into automated systems to enhance production efficiency, minimize errors, and improve quality control. Real-time data captured through RFID tags helps manufacturers in predictive maintenance, reducing downtime and enhancing overall equipment effectiveness (OEE). This trend aligns with India’s growing focus on modernizing manufacturing practices to boost competitiveness on a global scale.

Market Challenges

High Initial Implementation Costs

One of the key challenges facing the India RFID market is the high initial cost of implementing RFID systems. The cost of RFID tags, readers, and software solutions can be significant, particularly for small and medium-sized enterprises (SMEs) that are hesitant to adopt this technology. While RFID offers long-term benefits such as improved inventory management, enhanced operational efficiency, and better supply chain visibility, the upfront investment required for hardware and software infrastructure remains a barrier for many businesses in India. For instance, Indian retailers and logistics companies are increasingly adopting RFID to streamline operations. The Indian government has implemented RFID-based toll collection systems to improve efficiency in transportation infrastructure. Additionally, major e-commerce players in India have integrated RFID technology into their warehouses to enhance inventory tracking and reduce errors in order fulfillment. Additionally, the installation of RFID systems often requires substantial changes to existing infrastructure and processes, further increasing costs. For many organizations, particularly in the retail and manufacturing sectors, justifying the ROI of RFID technology can be challenging due to the high initial expenditure. While large corporations may have the resources to invest in RFID, smaller companies may find it difficult to take the leap, slowing down widespread adoption. Overcoming this challenge requires further advancements in RFID technology to reduce costs, along with government incentives and support for businesses that wish to adopt RFID systems.

Data Security and Privacy Concerns

As RFID technology becomes increasingly integrated into business operations, data security and privacy concerns are emerging as significant challenges. RFID systems rely on the transmission of data through radio waves, which can potentially be intercepted or hacked, leading to breaches of sensitive information. For industries such as healthcare and pharmaceuticals, where tracking of sensitive products and patient data is involved, ensuring the security of RFID-enabled systems is crucial. The risk of unauthorized access to RFID data, coupled with a lack of robust encryption and authentication methods, poses a serious challenge to maintaining data integrity and privacy. Moreover, as the volume of data generated by RFID systems grows, the complexity of managing this data securely also increases. Organizations need to implement strong cybersecurity measures, such as secure communication protocols, encryption, and access controls, to prevent potential threats. Without effective solutions to address data security and privacy concerns, the broader adoption of RFID technology in sectors like healthcare, retail, and logistics in India could be hindered. Therefore, addressing these concerns through innovation in secure RFID technologies and the establishment of clear regulatory frameworks is essential for the growth of the market.

Market Opportunities

Expansion in Logistics and Supply Chain Management

One of the key opportunities for the India RFID market lies in the expansion of logistics and supply chain management. As e-commerce continues to grow at a rapid pace in India, the demand for more efficient and transparent supply chain solutions has increased significantly. RFID technology offers a significant advantage in tracking goods throughout the supply chain, enabling businesses to monitor the movement of products from suppliers to end customers in real time. This technology enhances inventory visibility, reduces losses, and streamlines the flow of goods, which is particularly valuable in India’s vast and diverse logistics network. With the Indian government’s focus on improving infrastructure through initiatives like the National Logistics Policy, there is a growing opportunity for RFID to play a crucial role in creating a more connected and efficient logistics ecosystem. Additionally, with an increasing shift toward digitalization and automation in warehousing and distribution centers, RFID systems are well-positioned to support these trends and drive further growth in the sector.

Adoption in Smart Healthcare Solutions

The Indian healthcare sector presents a significant opportunity for RFID technology, particularly in smart healthcare solutions. As the demand for better healthcare management, patient safety, and operational efficiency rises, RFID has become an invaluable tool for improving hospital workflows and patient care. RFID systems are being increasingly adopted for tracking medical equipment, pharmaceuticals, and patient information. This not only ensures the availability and proper management of critical resources but also minimizes errors related to misplacement or counterfeit drugs. Furthermore, RFID’s ability to enhance patient safety by ensuring correct treatment and medication is creating growing opportunities in hospitals and healthcare facilities. As India continues to focus on healthcare system modernization, there is considerable potential for RFID to be a key enabler of digital healthcare, offering further market expansion in this sector.

Market Segmentation Analysis

By Product Type

The market is segmented into Tags, Readers, and Software & Services. Tags dominate the RFID landscape, accounting for a significant portion of the market share. These RFID tags are essential for tracking and identifying objects in real-time, offering key benefits in asset management and inventory control. Readers come second in importance, facilitating communication between tags and the systems that store data. They are crucial for collecting data from RFID tags in warehouses, distribution centers, and retail environments. The Software and Services segment includes the platforms and cloud-based systems that support RFID infrastructure, ensuring that the data generated by tags and readers is processed and analyzed efficiently for decision-making. These components together form the backbone of the RFID ecosystem in India, with growth expected across all segments as RFID adoption continues to expand.

By Frequency

The RFID market is also divided by frequency into Low Frequency (LF), High Frequency (HF), and Ultra-High Frequency (UHF) RFID systems. Low Frequency (LF) RFID is commonly used in applications such as animal tracking and access control, where short-range communication is sufficient. High Frequency (HF) RFID is typically used in applications like smart cards and ticketing systems, offering medium-range communication and a higher level of data security. The Ultra-High Frequency (UHF) RFID segment is growing rapidly, particularly in supply chain and logistics management. UHF systems offer long-range communication and faster read rates, making them ideal for asset tracking in large warehouses and transportation fleets, which aligns with India’s growing focus on logistics and infrastructure development.

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 India
South India
West India
East India
Central India

Regional Analysis

North India (30%)

North India dominates the RFID market, contributing the largest share of the market due to its developed infrastructure and high industrial activity. Major cities like Delhi NCR, Chandigarh, and Jaipur are key hubs for retail, logistics, and healthcare, which are some of the leading adopters of RFID technology. The region benefits from robust transportation networks, including the presence of major airports, railways, and roadways, making it an ideal region for RFID adoption, especially in the logistics and transportation sectors. North India holds approximately 30% of the total market share, driven by the government’s push for smart cities, industrial automation, and growing demand for efficient supply chain management.

South India (28%)

South India follows closely, with cities like Bangalore, Hyderabad, and Chennai contributing significantly to RFID growth. These cities are key centers for IT, manufacturing, and healthcare industries, sectors that are rapidly adopting RFID for inventory management, asset tracking, and patient safety. South India holds about 28% of the market share, primarily due to the expansion of e-commerce, logistics, and the healthcare sector, as well as the increasing number of smart manufacturing initiatives in the region. Additionally, government policies promoting the digitalization of the supply chain in this region further fuel RFID adoption.

Key players

Zebra Technologies Corporation
Honeywell International Inc.
HID Global Corporation
Microchip Technology
NXP Semiconductors
Alien Technology
RFID Solutions
TATA Consultancy Services
Syscom Technologies
Nexa Technologies
Bartech Data Systems Pvt. Ltd
Infotek Software & Systems Ltd.
Bartronics India Limited
Bar Code India Limited
Identiv, Inc.

Competitive Analysis

The India RFID market is highly competitive, with several leading global and domestic players contributing to its growth. Companies like Zebra Technologies Corporation and Honeywell International Inc. dominate the market with their comprehensive product portfolios, which include RFID tags, readers, and integrated solutions. Their strong market presence and innovations in supply chain and retail management solutions give them a competitive edge. NXP Semiconductors and Microchip Technology focus on providing RFID chips that power a wide range of applications, including logistics, healthcare, and security. Domestic players such as Bartronics India Limited and Syscom Technologies cater to regional needs with cost-effective RFID solutions and specialized services tailored to Indian businesses. TATA Consultancy Services and Identiv, Inc. bring technological and consulting expertise, further enhancing the adoption of RFID systems in various sectors. The market is driven by continuous innovation, with players investing heavily in R&D to offer enhanced capabilities in tracking, security, and data management.

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 India RFID market exhibits a moderately concentrated structure, with a mix of global leaders and domestic players. Major international companies such as Zebra Technologies, Honeywell, and NXP Semiconductors dominate the market with their advanced product portfolios and strong brand presence. However, the market also features a growing number of domestic players like Bartronics India and Syscom Technologies, which cater to regional demands with cost-effective and customized RFID solutions. The market is characterized by rapid technological advancements, particularly in areas such as supply chain management, asset tracking, and healthcare. The increasing adoption of RFID solutions across industries such as retail, logistics, and healthcare is driving competition, with companies focusing on offering integrated solutions, enhancing product offerings, and improving operational efficiency. While large players continue to hold a significant market share, the growing demand for affordable and scalable solutions from small and medium-sized enterprises (SMEs) is encouraging the rise of regional vendors.

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

The expanding e-commerce sector in India will continue to drive demand for RFID technology, particularly for inventory management, order fulfillment, and supply chain optimization.

With increasing focus on patient safety and asset management, the healthcare sector will see higher RFID adoption for tracking medical equipment, pharmaceuticals, and patient data

Government initiatives, such as Smart City projects and infrastructure development, will bolster RFID adoption in transportation, logistics, and security systems across India.

The integration of RFID with IoT and AI technologies will enable businesses to leverage real-time data analytics, improving decision-making and operational efficiency.

As RFID technology becomes more affordable and scalable, small and medium-sized enterprises (SMEs) will increasingly adopt RFID systems to streamline their operations.

The shift towards contactless and remote solutions, accelerated by the COVID-19 pandemic, will continue to boost RFID adoption in retail, healthcare, and public sectors.

With growing concerns about counterfeit products, RFID will become a key technology for ensuring product authenticity and improving security in sectors like pharmaceuticals and electronics.

India’s push towards Industry 4.0 will drive the adoption of RFID in manufacturing, improving asset tracking, inventory management, and predictive maintenance.

As infrastructure develops in tier-2 and tier-3 cities, RFID technology will spread beyond major urban centers, driving market growth in lesser-explored regions.

Companies will continue investing in research and development to improve RFID systems’ capabilities, such as increased read range, data security, and integration with advanced technologies like blockchain.

CHAPTER NO. 1 : INTRODUCTION 18

1.1.1. Report Description 18

Purpose of the Report 18

USP & Key Product Type 18

1.1.2. Key Benefits for Stakeholders 18

1.1.3. Target Audience 19

1.1.4. Report Scope 19

CHAPTER NO. 2 : EXECUTIVE SUMMARY 20

2.1. RFID Market Snapshot 20

2.1.1. India RFID Market, 2018 – 2032 (USD Million) 21

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 22

3.1. Russia-Ukraine and Israel-Palestine War Impacts 22

CHAPTER NO. 4 : RFID MARKET – INDUSTRY ANALYSIS 23

4.1. Introduction 23

4.2. Market Drivers 24

4.2.1. Driving Factor 1 Analysis 24

4.2.2. Driving Factor 2 Analysis 25

4.3. Market Restraints 26

4.3.1. Restraining Factor Analysis 26

4.4. Market Opportunities 27

4.4.1. Market Opportunities Analysis 27

4.5. Porter’s Five Force analysis 28

4.6. Value Chain Analysis 29

4.7. Buying Criteria 30

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 31

5.1. Company Market Share Analysis – 2023 31

5.1.1. India RFID Market: Company Market Share, by Revenue, 2023 31

5.1.2. India RFID Market: Top 6 Company Market Share, by Revenue, 2023 31

5.1.3. India RFID Market: Top 3 Company Market Share, by Revenue, 2023 32

5.2. India RFID Market Company Revenue Market Share, 2023 33

5.3. Company Assessment Metrics, 2023 34

5.3.1. Stars 34

5.3.2. Emerging Leaders 34

5.3.3. Pervasive Players 34

5.3.4. Participants 34

5.4. Start-ups /Code Assessment Metrics, 2023 34

5.4.1. Progressive Companies 34

5.4.2. Responsive Companies 34

5.4.3. Dynamic Companies 34

5.4.4. Starting Blocks 34

5.5. Strategic Developments 35

5.5.1. Acquisition & Mergers 35

New Product Type Launch 35

Regional Expansion 35

5.6. Key Players Product Type Matrix 36

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 37

6.1. PESTEL 37

6.1.1. Political Factors 37

6.1.2. Economic Factors 37

6.1.3. Social Factors 37

6.1.4. Technological Factors 37

6.1.5. Environmental Factors 37

6.1.6. Legal Factors 37

6.2. Adjacent Market Analysis 37

CHAPTER NO. 7 : RFID MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 38

7.1. RFID Market Overview, by Product Type Segment 38

7.1.1. RFID Market Revenue Share, By Product Type, 2023 & 2032 39

7.1.2. RFID Market Attractiveness Analysis, By Product Type 40

7.1.3. Incremental Revenue Growth Opportunities, by Product Type, 2024 – 2032 40

7.1.4. RFID Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

7.2. Tags 42

7.3. Readers 43

7.4. Software and Services 44

CHAPTER NO. 8 : RFID MARKET – BY FREQUENCY SEGMENT ANALYSIS 45

8.1. RFID Market Overview, by Frequency Segment 45

8.1.1. RFID Market Revenue Share, By Frequency, 2023 & 2032 46

8.1.2. RFID Market Attractiveness Analysis, By Frequency 47

8.1.3. Incremental Revenue Growth Opportunities, by Frequency, 2024 – 2032 47

8.1.4. RFID Market Revenue, By Frequency, 2018, 2023, 2027 & 2032 48

8.2. Low Frequency 49

8.3. High Frequency 50

8.4. Ultra-High Frequency 51

CHAPTER NO. 9 : RFID MARKET – BY MATERIAL SEGMENT ANALYSIS 52

9.1. RFID Market Overview, by Material Segment 52

9.1.1. RFID Market Revenue Share, By Material, 2023 & 2032 53

9.1.2. RFID Market Attractiveness Analysis, By Material 54

9.1.3. Incremental Revenue Growth Opportunities, by Material, 2024 – 2032 54

9.1.4. RFID Market Revenue, By Material, 2018, 2023, 2027 & 2032 55

9.2. Plastic 56

9.3. Glass 57

9.4. Paper 58

9.5. Others 59

CHAPTER NO. 10 : RFID MARKET – BY END USER SEGMENT ANALYSIS 60

10.1. RFID Market Overview, by End User Segment 60

10.1.1. RFID Market Revenue Share, By End User, 2023 & 2032 61

10.1.2. RFID Market Attractiveness Analysis, By End User 62

10.1.3. Incremental Revenue Growth Opportunities, by End User, 2024 – 2032 62

10.1.4. RFID Market Revenue, By End User, 2018, 2023, 2027 & 2032 63

10.2. Commercial 64

10.3. Animal Tracking 65

10.4. Transportation 66

10.5. Agriculture 67

10.6. Security and Access Control 68

10.7. Healthcare 69

10.8. Retail 70

10.9. Others 71

CHAPTER NO. 11 : RFID MARKET – INDIA 72

11.1. India 72

11.1.1. Key Highlights 72

11.2. Product Type 73

11.3. India RFID Market Revenue, By Product Type, 2018 – 2023 (USD Million) 73

11.4. India RFID Market Revenue, By Product Type, 2024 – 2032 (USD Million) 73

11.5. Frequency 74

11.5.1. India RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 74

11.6. Material 75

11.6.1. India RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 75

11.6.2. India RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 75

11.7. End User 76

11.7.1. India RFID Market Revenue, By End User, 2018 – 2023 (USD Million) 76

11.7.2. India RFID Market Revenue, By End User, 2024 – 2032 (USD Million) 76

CHAPTER NO. 12 : COMPANY PROFILES 77

12.1. Zebra Technologies Corporation 77

12.1.1. Company Overview 77

12.1.2. Product Type Portfolio 77

12.1.3. Swot Analysis 77

12.1.4. Business Strategy 78

12.1.5. Financial Overview 78

12.2. Honeywell International Inc 79

12.3. HID Global Corporation 79

12.4. Microchip Technology 79

12.5. NXP Semiconductors 79

12.6. Alien Technology 79

12.7. RFID Solutions 79

12.8. TATA Consultancy Services 79

12.9. Syscom Technologies 79

12.10. Nexa Technologies 79

12.11. Bartech Data Systems Pvt. Ltd 79

12.12. Infotek Software & Systems Ltd. 79

12.13. Bartronics India Limited 79

12.14. Bar Code India Limited 79

12.15. Identiv, Inc 79

12.16. Others 79

]

List of Figures

FIG NO. 1. India RFID Market Revenue, 2018 – 2032 (USD Million) 21

FIG NO. 2. Porter’s Five Forces Analysis for India RFID Market 28

FIG NO. 3. Value Chain Analysis for India RFID Market 29

FIG NO. 4. Company Share Analysis, 2023 31

FIG NO. 5. Company Share Analysis, 2023 31

FIG NO. 6. Company Share Analysis, 2023 32

FIG NO. 7. RFID Market – Company Revenue Market Share, 2023 33

FIG NO. 8. RFID Market Revenue Share, By Product Type, 2023 & 2032 39

FIG NO. 9. Market Attractiveness Analysis, By Product Type 40

FIG NO. 10. Incremental Revenue Growth Opportunities by Product Type, 2024 – 2032 40

FIG NO. 11. RFID Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

FIG NO. 12. India RFID Market for Tags, Revenue (USD Million) 2018 – 2032 42

FIG NO. 13. India RFID Market for Readers, Revenue (USD Million) 2018 – 2032 43

FIG NO. 14. India RFID Market for Software and Services, Revenue (USD Million) 2018 – 2032 44

FIG NO. 15. RFID Market Revenue Share, By Frequency, 2023 & 2032 46

FIG NO. 16. Market Attractiveness Analysis, By Frequency 47

FIG NO. 17. Incremental Revenue Growth Opportunities by Frequency, 2024 – 2032 47

FIG NO. 18. RFID Market Revenue, By Frequency, 2018, 2023, 2027 & 2032 48

FIG NO. 19. India RFID Market for Low Frequency, Revenue (USD Million) 2018 – 2032 49

FIG NO. 20. India RFID Market for High Frequency, Revenue (USD Million) 2018 – 2032 50

FIG NO. 21. India RFID Market for Ultra-High Frequency, Revenue (USD Million) 2018 – 2032 51

FIG NO. 22. RFID Market Revenue Share, By Material, 2023 & 2032 53

FIG NO. 23. Market Attractiveness Analysis, By Material 54

FIG NO. 24. Incremental Revenue Growth Opportunities by Material, 2024 – 2032 54

FIG NO. 25. RFID Market Revenue, By Material, 2018, 2023, 2027 & 2032 55

FIG NO. 26. India RFID Market for Plastic, Revenue (USD Million) 2018 – 2032 56

FIG NO. 27. India RFID Market for Glass, Revenue (USD Million) 2018 – 2032 57

FIG NO. 28. India RFID Market for Paper, Revenue (USD Million) 2018 – 2032 58

FIG NO. 29. India RFID Market for Others, Revenue (USD Million) 2018 – 2032 59

FIG NO. 30. RFID Market Revenue Share, By End User, 2023 & 2032 61

FIG NO. 31. Market Attractiveness Analysis, By End User 62

FIG NO. 32. Incremental Revenue Growth Opportunities by End User, 2024 – 2032 62

FIG NO. 33. RFID Market Revenue, By End User, 2018, 2023, 2027 & 2032 63

FIG NO. 34. India RFID Market for Commercial, Revenue (USD Million) 2018 – 2032 64

FIG NO. 35. India RFID Market for Animal Tracking, Revenue (USD Million) 2018 – 2032 65

FIG NO. 36. India RFID Market for Transportation, Revenue (USD Million) 2018 – 2032 66

FIG NO. 37. India RFID Market for Agriculture, Revenue (USD Million) 2018 – 2032 67

FIG NO. 38. India RFID Market for Security and Access Control, Revenue (USD Million) 2018 – 2032 68

FIG NO. 39. India RFID Market for Healthcare, Revenue (USD Million) 2018 – 2032 69

FIG NO. 40. India RFID Market for Retail, Revenue (USD Million) 2018 – 2032 70

FIG NO. 41. India RFID Market for Others, Revenue (USD Million) 2018 – 2032 71

FIG NO. 42. India RFID Market Revenue, 2018 – 2032 (USD Million) 72

List of Tables

TABLE NO. 1. : India RFID Market: Snapshot 20

TABLE NO. 2. : Drivers for the RFID Market: Impact Analysis 24

TABLE NO. 3. : Restraints for the RFID Market: Impact Analysis 26

TABLE NO. 4. : India RFID Market Revenue, By Product Type, 2018 – 2023 (USD Million) 73

TABLE NO. 5. : India RFID Market Revenue, By Product Type, 2024 – 2032 (USD Million) 73

TABLE NO. 6. : India RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 74

TABLE NO. 7. : India RFID Market Revenue, By Frequency, 2018 – 2023 (USD Million) 74

TABLE NO. 8. : India RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 75

TABLE NO. 9. : India RFID Market Revenue, By Material, 2018 – 2023 (USD Million) 75

TABLE NO. 10. : India RFID Market Revenue, By End User, 2018 – 2023 (USD Million) 76

TABLE NO. 11. : India RFID Market Revenue, By End User, 2024 – 2032 (USD Million) 76

Frequently Asked Questions

What is the current size of the India RFID Market?

The India RFID Market is projected to grow from USD413.90 million in 2024 to USD1,180.74 million by 2032, reflecting a significant expansion over the next several years.

What is the compound annual growth rate (CAGR) of the India RFID Market?

The India RFID Market is expected to experience a compound annual growth rate (CAGR) of 12.3% from 2025 to 2032, driven by increasing adoption across various industries.

Who are the key players in the India RFID Market?

Key players in the India RFID Market include global leaders such as Impinj, Zebra Technologies, Honeywell International Inc., and NXP Semiconductors, who are driving innovation and expansion in the sector.

How is RFID technology benefiting supply chain management in India?

RFID technology is transforming supply chain management in India by improving inventory accuracy, reducing operational costs, and enhancing real-time tracking of assets and goods, particularly in logistics and warehousing.

Purchase Options

Single User

$2699

Multi User

$3699

Custom Report

$5699

Let us help you

MIKE, North America

+1 304 308 1216

KEITH PHILLIPS, Europe

+44 7809 866 263

EMAIL US

Request Sample

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –