Oct 31, 2022

News provided by Share this article Share this article NEW YORK, Oct. 31, 2022 /PRNewswire/ -- The global RFID middleware market size is expected to grow by USD 2.68 billion between 2021 and 2026. In addition, the growth momentum is expected to accelerate at a CAGR of 10.84% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report  is available in PDF format RFID Middleware Market 2022-2026: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The  RFID middleware market report covers the following areas: The global RFID middleware market is segmented as below: End-user  Others The market growth has been significant in the industrial end-user segment. The integration of RFID solutions such as RFID tags, RFID middleware, and RFID readers helps manufacturers understand the time taken for a component or raw material to move through the different stages of the production cycle or assembly line. Incorporating RFID middleware in the manufacturing process also helps in understanding and tracking the movement of semi-finished goods that are stuck at various stages of the production or assembly line. With growing investment in building and expanding manufacturing plants, the growth of the segment is expected to accelerate further during the forecast period. Geography  South America 38% of the market growth will come from APAC during the forecast period. APAC holds significant potential for retail business, especially in countries such as India and China, which have vast populations. Also, APAC is home to many retail giants, such as 7-Eleven Inc. (7-Eleven), Lawson Inc. (Lawson), and FamilyMart Co., Ltd. The presence of several retailers in the region is leading to increased investment in constructing warehouses, which in turn increases the adoption of RFID systems, including RFID middleware, to efficiently manage inventory. Hence, growth opportunities for RFID systems in the region are high. Identify potential segments and regions to invest in over the forecast period. Buy Report Now RFID Middleware Market 2022-2026: Vendor Analysis The RFID middleware market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Axway Software SA, Broadcom Inc., Checkpoint Systems Inc., CiRFID Technology Co. Ltd., Cisco Systems Inc., Fujitsu Ltd., GAO Group Inc., Johnson Controls International Plc, Murata Manufacturing Co. Ltd., Nedap NV, Omnitrol Networks Inc., Oracle Corp., ORBCOMM Inc., Quake Global Inc., RF Code Inc., RMS Omega Technologies, SML Group Ltd., Terso Solutions Inc., and TIBCO Software Inc. are among some of the major market participants. Technavio's library includes over 17,000+ reports covering more than 2,000 emerging technologies. Subscribe to our "Basic Plan" at just USD 5,000  and get lifetime access to our Technavio Insights. RFID Middleware Market 2022-2026: Key Highlights CAGR of the market during the forecast period 2022-2026 Detailed information on factors that will assist RFID middleware market growth during the next five years Estimation of the RFID middleware market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the RFID middleware market Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of RFID middleware market vendors Related Reports: Radio Frequency Identification Market  by Product, End-user, and Geography - Forecast and Analysis 2022-2026: The adoption of inventory management systems is notably driving the radio frequency identification market growth, although factors such as the limitations of fixed RFID readers may impede the market growth. Industries such as manufacturing, logistics, and warehousing require an accurate database of the products, which will aid in better decision-making among these end-user industries. Also, with the help of RFID tags, the end-user will be able to rectify the errors in entering the data. RFID Market for Industrial Applications Market  by Application and Geography - Forecast and Analysis 2022-2026: The evolution of industry 4.0 is notably driving the RFID market growth for industrial applications, although factors such as high initial investments may impede the market growth. With the evolution of industry 4.0, RFID has been performing more functionalities. RFID tags enable the flexible and efficient manufacturing of customized products and facilitate a higher degree of standardization and automation. This increases the overall efficiency of manufacturing processes at a lower cost. RFID Middleware Market Scope Companies profiled Axway Software SA, Broadcom Inc., Checkpoint Systems Inc., CiRFID Technology Co. Ltd., Cisco Systems Inc., Fujitsu Ltd., GAO Group Inc., Johnson Controls International Plc, Murata Manufacturing Co. Ltd., Nedap NV, Omnitrol Networks Inc., Oracle Corp., ORBCOMM Inc., Quake Global Inc., RF Code Inc., RMS Omega Technologies, SML Group Ltd., Terso Solutions Inc., and TIBCO Software Inc. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents: Exhibit 27: Data Table on Comparison by End-user 5.3 Industrial - Market size and forecast 2021-2026  Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ million) Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ million) Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%) Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%) 5.4 Transportation and Logistics - Market size and forecast 2021-2026  Exhibit 32: Chart on Transportation and Logistics - Market size and forecast 2021-2026 ($ million) Exhibit 33: Data Table on Transportation and Logistics - Market size and forecast 2021-2026 ($ million) Exhibit 34: Chart on Transportation and Logistics - Year-over-year growth 2021-2026 (%) Exhibit 35: Data Table on Transportation and Logistics - Year-over-year growth 2021-2026 (%) 5.5 Retail - Market size and forecast 2021-2026  Exhibit 36: Chart on Retail - Market size and forecast 2021-2026 ($ million) Exhibit 37: Data Table on Retail - Market size and forecast 2021-2026 ($ million) Exhibit 38: Chart on Retail - Year-over-year growth 2021-2026 (%) Exhibit 39: Data Table on Retail - Year-over-year growth 2021-2026 (%) 5.6 Healthcare - Market size and forecast 2021-2026  Exhibit 40: Chart on Healthcare - Market size and forecast 2021-2026 ($ million) Exhibit 41: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million) Exhibit 42: Chart on Healthcare - Year-over-year growth 2021-2026 (%) Exhibit 43: Data Table on Healthcare - Year-over-year growth 2021-2026 (%) 5.7 Others - Market size and forecast 2021-2026  Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million) Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million) Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%) Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%) 5.8 Market opportunity by End-user  Exhibit 48: Market opportunity by End-user ($ million) 6 Customer Landscape Exhibit 53: Data Table on Geographic comparison 7.3 North America - Market size and forecast 2021-2026  Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%) 7.4 APAC - Market size and forecast 2021-2026  Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%) 7.5 Europe - Market size and forecast 2021-2026  Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%) Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%) 7.6 Middle East and Africa - Market size and forecast 2021-2026  Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%) Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%) 7.7 South America - Market size and forecast 2021-2026  Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million) Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million) Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%) Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%) 7.8 US - Market size and forecast 2021-2026  Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million) Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million) Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%) Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%) 7.9 China - Market size and forecast 2021-2026  Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million) Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million) Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%) Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%) 7.10 Japan - Market size and forecast 2021-2026  Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%) Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%) 7.11 South Korea - Market size and forecast 2021-2026  Exhibit 86: Chart on South Korea - Market size and forecast 2021-2026 ($ million) Exhibit 87: Data Table on South Korea - Market size and forecast 2021-2026 ($ million) Exhibit 88: Chart on South Korea - Year-over-year growth 2021-2026 (%) Exhibit 89: Data Table on South Korea - Year-over-year growth 2021-2026 (%) 7.12 Germany - Market size and forecast 2021-2026  Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million) Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million) Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%) Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%) 7.13 Market opportunity by geography  Exhibit 94: Market opportunity by geography ($ million) 8 Drivers, Challenges, and Trends 8.1 Market drivers Exhibit 95: Impact of drivers and challenges in 2021 and 2026 8.4 Market trends 9.3 Landscape disruption 9.4 Industry risks Exhibit 143: List of abbreviations software: Tools that enable enterprises to encrypt end-point devices, removable media, systems, and data on-premises and in the cloud. o About Us Technavio is a leading global technology research and advisory company. 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