The RAIN Alliance teamed with VDC Research for the analysis and research presented in the report, and it contains information provided by members of the RAIN Alliance worldwide.
The report also speaks to how the COVID-19 pandemic is having an impact on the near-term RAIN RFID market opportunity. The study reports that the fundamentals driving demand for RAIN RFID solutions will be as strong, if not stronger, post COVID-19. However, given the degree of near-term volatility, the report details three scenarios – best case, base case, and worst case – to support the analysis. Also included are scenario-based forecasts addressing the impact of COVID-19.
Inside the report there is detailed analysis of initial market models pointing to a global RAIN RFID market of $1.3 billion in 2019, including finished tags/transponders, fixed readers, handheld readers and printer/encoders. Tag IC unit shipments reached 18.5 billion units in 2019 while finished tag/transponder units were 17.7 billion units. Reader shipments exceeded 262K units.
Multiple industries and applications, trends by industry and application, as well as regional market trends are addressed within the report. Specific information on each of the components of the technology over the time period 2019 to 2024 with the CAGR for each are given with unit and revenue.
Also in the report are detailed exhibits with scenario-based forecasts and shipment growth by industry and application. The analysis includes regional shipments and revenue sorted by application and industry as detailed below.
The report includes information on
- Scenario-Based Forecasts addressing the Impact of COVID-19
- Trends by Industry and Application
- Global Passive RAIN RFID Market Opportunity: Baseline Scenario
- Regional Market Trends
The information on the technology is categorized as:
- Tag ICs
- Inlays
- Tags
- Handheld Readers
- Fixed Readers
- Reader ICs
- Printer/Encoders
The Industry and Applications covered are:
- Industrial Manufacturing
- Healthcare Services
- Pharmaceutical
- Retail – Food & Groceries
- Retail – Non-Food
- Transportation Services
- Government/Public Sector
- Access Management & Parking
- Airline Baggage Handling
- Asset Tracking
- Inventory Management
- Loss Prevention
- WIP Tracking
- Medication Administration
- People/Patient Tracking
- Others
