Global RFID Readers Market is Expected to Result in its Impressive Market Growth Rate of More than 21% by 2020
Global RFID Readers Market 2016-2020 Size and Share Published in 2015-12-09 Available for US$ 2000 at Researchmoz.us
Description
Market outlook of the global RFID readers market
RFID readers play a critical role in inventory management and are finding tremendous response in many big stores, supermarkets, hypermarkets, and apparel stores. This market research report by Technavio emphasizes on the involvement of RFID readers in different end-user segments like healthcare, transportation, and retail. The increasing incorporation of RFID readers in these segments is expected to result in its impressive market growth rate of more than 21% by 2020.
The ability of RFID readers to reduce errors pertaining to data entry is a key driver for the growth of this market. With the introduction of RFID and barcode systems firms are able to record and recognize data entries automatically with more precision. It not only helps in the automation of data entries but also corrects warehouse errors. The ability of these readers to facilitate the efficient tracking of assets is a significant factor that is expected to foster its adoption during the forecast period.
End-user segmentation of the RFID readers market
Retail
Transportation
Logistics
Manufacturing
Technavios market research analyst estimates the retail segment to retain its dominating hold over the market by 2020. The growing need to improve inefficiencies in the supply chain is a critical factor that results in this segments high market share of nearly 58% by 2020.
Geographical segmentation of the RFID readers market
Americas
EMEA
APAC
Get a Free Sample Copy of the Report: http://www.researchmoz.us/enquiry.php?type=S&repid=489826
In this market research, analysts estimate the Americas to account for an impressive market share of more than 51% by 2020. The introduction of stringent mandates that necessitates the usage of RFID devices in various sectors like transportation and healthcare is expected to impel market growth during the forecast period.
Competitive landscape and key vendors
The global RFID readers market is highly fragmented due to the presence of numerous large and small vendors. The competitive environment in this market is expected to intensify during the forecast period owing to factors like the increase in R&D innovations by vendors and the expansion of key vendors into the APAC region.
The top four leading vendors of the market include -
Alien Technology
Honeywell
Impinj
Zebra Technologies
The other prominent vendors of the market include Applied Wireless Identification Group, ThingMagic, Datalogic, RF Ideas, TSL, CAEN RFID, Cipher Lab, Fieg Electronics, Unitech, GAO RFID, and Mojix.
Key questions answered in the report
What are the key factors driving the RFID readers market?
What are the key market trends impacting the growth of the RFID readers market?
What are the various opportunities and threats faced by the RFID readers market?
Trending factors influencing the market shares for the Americas, EMEA, and APAC?
Key outcome of the five forces analysis on the RFID readers market?
Growth forecast of the RFID readers market until 2020?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Global RFID Market for Retail Applications 2015-2019
Global Sourcing of RFID Tags Market 2014-2018
Global RFID Middleware Market 2014-2018
Global RFID Smart Cabinet Market 2014-2018
Global RFID Market 2014-2018
Inquiry on this report: http://www.researchmoz.us/enquiry.php?type=E&repid=489826
Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Definitions
Common currency conversion rates
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
Browse All SemiconductorsMarket Research Reports at: http://www.researchmoz.us/semiconductors-market-reports-63.html
About ResearchMoz
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives.
Contact Us:
ResearchMoz
Mr. Nachiket Ghumare, +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
sales@researchmoz.us
http://www.researchmoz.us/