Global RFID Readers Market growth rate of more than 21% during 2016-2020: Top Vendors include - Impinj, Honeywell, Alien Technology, Zebra Technologies

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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.

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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

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.

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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
PART 06: Market segmentation by end user
Market overview
PART 07: Geographical segmentation
Global RFID readers market by geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Other prominent vendors

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Global RFID Readers Market growth rate of more than 21% during 2016-2020: Top Vendors include - Impinj, Honeywell, Alien Technology, Zebra Technologies Global RFID Readers Market growth rate of more than 21% during 2016-2020: Top Vendors include - Impinj, Honeywell, Alien Technology, Zebra Technologies Reviewed by Sagar Jagtap on 23:48 Rating: 5

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