Japan RFID Market Size, Share, and COVID-19 Impact Analysis, By Type (Tags, Readers, and Software & Services), By Frequency (Low Frequency (LF), High Frequency (HF), and Ultra-High Frequency (UHF)), and Japan RFID Market Insights, Industry Trend, Forecasts to 2035
Industry: Information & TechnologyJapan RFID Market Insights Forecasts to 2035
- The Japan RFID Market Size Was Estimated at USD 883.06 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 8.06% from 2025 to 2035
- The Japan RFID Market Size is Expected to Reach USD 2,295.84 Million by 2035
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The Japan RFID Market Size is Anticipated to reach USD 2,295.84 Million by 2035, Growing at a CAGR of 10.03% from 2025 to 2035. The growing use of RFID technology in a variety of industries, such as retail, logistics, and healthcare, which necessitate improved tracking and data management capabilities, is driving the market's expansion.
Market Overview
The Japan RFID market refers to the industry focused on radio-frequency identification (RFID) technology, which enables wireless tracking, identification, and data management across various sectors. The growing need for automation in the supply chain and logistics sectors is a significant driver of the Japan RFID Market. As businesses look for ways to enhance operational efficiency, reduce human error, and improve real-time tracking, RFID technology has become a valuable tool. RFID tags offer precise location tracking, enabling businesses to optimize inventory management, reduce stockouts, and prevent theft. The ability to track goods in real time from production to delivery allows for better supply chain management and faster decision-making. In Japan, companies are increasingly adopting RFID systems to streamline their logistics operations, reduce costs, and enhance customer satisfaction.
Report Coverage
This research report categorizes the market for the Japan RFID market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan RFID market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan RFID market.
Japan RFID Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 22.51 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 8.06% |
2035 Value Projection: | USD 34.17 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 116 |
Segments covered: | By Type, By Frequency and COVID-19 Impact Analysis |
Companies covered:: | Japan RFID Institute Co. Ltd., Phoenix Solutions, SMK-Logomotion Corporation, Xecor, Locarise, Glory Global Solutions, Toshiba Corporation, Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The RFID market in Japan is expanding due to a number of causes. One of the main factors is the growing need for automation and real-time tracking solutions in sectors including manufacturing, healthcare, and retail. Further propelling market expansion is the government's push for digitalization and the use of smart technologies, as well as the rising demand for effective and contactless solutions. The market's future is also being shaped by emerging trends, including the development of sophisticated tags and readers and the application of RFID in smart cities. Additionally, the Ministry of Economy, Trade, and Industry in Japan has announced plans to equip convenience stores with RFID tags, which will enable companies to track 100 billion products a year. Businesses may improve their storage facilities, reduce waste, and ensure inventory accuracy by implementing RFID technology. It also promotes just-in-time inventory procedures, which are crucial for Japan's manufacturing sector, which is renowned for its effectiveness and high standards of production.
Restraining Factors
The large initial investment needed for RFID system adoption and installation is one of the main issues facing the Japanese RFID market. Even while RFID has many long-term advantages, such as increased productivity, precise inventory, and supply chain transparency, many firms may find the initial expenses of implementing RFID technology to be a major deterrent.
Market Segmentation
The Japan RFID market share is classified into type and frequency.
- The tags segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan RFID market is segmented by type into tags, readers, and software & services. Among these, the tags segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of their dependability and reduced cost, passive tags are the most commonly utilized of these tags, which are further divided into active, semi-active, and passive categories. Additionally, RFID readers are a crucial component of the system since they allow communication with the tags and collect data for processing and analysis.
- The low frequency (LF) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan RFID market is segmented by frequency into low frequency (LF), high frequency (HF), and ultra-high frequency (UHF). Among these, the low frequency (LF) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of its narrow read range and improved performance in interference-prone areas. Low-frequency RFID devices are frequently employed for asset management, access control, and animal tracking.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan RFID market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Japan RFID Institute Co. Ltd.
- Phoenix Solutions
- SMK-Logomotion Corporation
- Xecor
- Locarise
- Glory Global Solutions
- Toshiba Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan RFID Market based on the below-mentioned segments:
Japan RFID Market, By Type
- Tags
- Readers
- Software & Services
Japan RFID Market, By Frequency
- Low Frequency (LF)
- High Frequency (HF)
- Ultra-High Frequency (UHF)
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