United Kingdom RFID Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Tags, Readers, and Software & Services), By Frequency (Low Frequency, High Frequency, and Ultra-High Frequency), and United Kingdom RFID Market Insights, Industry Trend, Forecasts to 2035
Industry: Semiconductors & ElectronicsUnited Kingdom RFID Market Insights Forecasts to 2035
- The United Kingdom RFID Market Size was Estimated at USD 593.64 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 10.58% from 2025 to 2035
- The United Kingdom RFID Market Size is Expected to Reach USD 1794.67 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, The United Kingdom RFID Market Size is anticipated to reach USD 1794.67 Million by 2035, Growing at a CAGR of 10.58% from 2025 to 2035. The increasing demand for automation, asset tracking, and real-time data accuracy; growing usage in retail, healthcare, and logistics, improvements in supply chain efficiency; and government support.
Market Overview
The United Kingdom RFID Market Size refers to the industry involved in the creation, implementation, and application of Radio Frequency Identification (RFID) technology across a number of industries, including manufacturing, logistics, healthcare, and retail. RFID systems improve inventory management, asset monitoring, supply chain efficiency, and real-time data collection by automatically identifying and tracking tags affixed to items using electromagnetic fields. The increasing demands across industries for automation, effective inventory control, and real-time tracking. RFID usage is anticipated to increase quickly as a result of Industry 4.0, smart retail, and healthcare digitization. Furthermore, government programs promoting digital transformation and the growth of IoT ecosystems present profitable opportunities for sophisticated RFID integration, innovation, and improved operational efficiency in the public and commercial sectors. The developing ultra-high frequency (UHF) RFID tags, integrating them with cloud and IoT systems, and using advanced analytics to gain insights in real time. Smarter asset tracking, better data accuracy, and increased automation are made possible by these developments in the manufacturing, shipping, retail, and healthcare industries.
Report Coverage
This research report categorizes the market size for the United Kingdom 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 United Kingdom 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 United Kingdom RFID market.
United Kingdom RFID Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 593.64 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 10.58% |
2035 Value Projection: | USD 1794.67 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 109 |
Segments covered: | By Product Type, By Frequency |
Companies covered:: | Zebra Technologies Corporation, Honeywell International Inc, GAO RFID Inc., Avery Dennison Corporation, HID Global Corporation, Microchip Technology, NXP Semiconductors, ORBCOMM Inc, Fargo Electronics, Alien Technology LLC, ID Tech, Impinj, and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The need for automation and real-time data tracking is growing in sectors including healthcare, logistics, and retail. Adoption is driven by the demand for effective inventory management, lower operating costs, and improved supply chain visibility. Technological developments like cloud computing, AI, and IoT integration are increasing RFID's possibilities. Government programs that encourage smart infrastructure and digital transformation also help the industry expand, as does rising understanding of RFID's advantages in increasing productivity and accuracy. Further driving market demand are the growth of e-commerce and the increased emphasis on customer experience.
Restraining Factors
The large upfront installation expenses, difficulties integrating with present platforms, and worries about data security. Furthermore, technological problems like signal interference or tag reading failures, in addition to a lack of awareness among small and medium-sized businesses, might impede broad adoption and market expansion.
Market Segmentation
The United Kingdom RFID market share is classified into product type and frequency.
- The tags segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom RFID market is segmented by product type into tags, readers, and software & services. Among these, the tags segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth can be attributed to growing demand for automation, growing use in the healthcare and retail industries, improvements in IoT and AI integration, improved supply chain visibility, and government programs encouraging the creation of smart infrastructure and digital transformation.
- The ultra-high frequency segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom RFID market is segmented by frequency into low frequency, high frequency, and ultra-high frequency. Among these, the ultra-high frequency segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of increasing e-commerce, the requirement for immediate time asset tracking and automation across several industries, the growing demand for effective supply chain management, the growing use of UHF RFID in retail and logistics, and RFID technology improvements.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom 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
- Zebra Technologies Corporation
- Honeywell International Inc
- GAO RFID Inc.
- Avery Dennison Corporation
- HID Global Corporation
- Microchip Technology
- NXP Semiconductors
- ORBCOMM Inc
- Fargo Electronics
- Alien Technology LLC
- ID Tech
- Impinj
- Others.
Recent Developments:
- In September 2023, Avery Dennison introduced the AD Pure™ range, featuring RFID inlays and tags made from biodegradable materials. This eco-friendly product line aims to reduce carbon footprints and enhance recyclability in various industries.
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 UK, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom RFID market based on the below-mentioned segments:
United Kingdom RFID Market, By Product Type
- Tags
- Readers
- Software & Services
United Kingdom RFID Market, By Frequency
- Low Frequency
- High Frequency
- Ultra-High Frequency
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