Source Mordor Intelligence

The RFID market is estimated to be worth USD 16.73 billion in 2025 and is expected to reach USD 29.06 billion by 2030, with a CAGR of 11.68% over the forecast period (2025-2030).

The RFID industry is undergoing significant transformation driven by the broader digitization of global supply chains and retail operations. Annual retail sales in the United States are expected to reach USD 5.13 trillion in 2023, highlighting the massive scale of operations that require advanced RFID solutions for inventory tracking and management. Major retailers are increasingly mandating RFID adoption in their supply chains, with Walmart expanding its RFID requirements for suppliers who want to get their products onto store shelves. This shift toward mandatory RFID implementation is reshaping supplier relationships and driving widespread adoption across the retail ecosystem. The integration of RFID technology with emerging technologies such as cloud computing and artificial intelligence is enabling more sophisticated inventory tracking and loss prevention capabilities.

To read the full report: https://www.mordorintelligence.it/industry-reports/global-rfid-market