Market Overview:
The global label and RFID software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for RFID technology across various industries and the growing need for efficient tracking and management of inventory and assets. The global label and RFID software market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into web-based software and mobile software. Web-based software held a larger share of the global label and RFID software market in 2017 owing to its easy accessibility, low cost,and wide range of features offered such as data management capabilities, reporting tools etc. However, mobile applications are expected to witness higher growth duringthe forecast period due to their advantages such as real-time tracking capabilitiesand easy access from anywhere at any time.
Product Definition:
Label & RFID Software is a computer application that is used to manage the printing and encoding of labels and RFID tags. The software can be used to create, print, and encode labels for a variety of applications, including shipping, inventory management, and asset tracking.RFID tags are small electronic devices that can be embedded in labels or packaging. They use radio frequency signals to transmit data about the item they are attached to. This data can include information such as the item's name, description, location, or purchase price.RFID tags can be read by special scanners that emit radio waves in order to retrieve the tag's data. This makes them ideal for tracking items throughout a facility or supply chain. Label & RFID Software helps businesses manage this process by providing tools for creating and printing accurate labels with embedded RFID tags.
Web-based:
The global web-based software market size was valued at USD 1,19 billion in 2015 and is expected to witness a significant growth owing to the increasing demand for mobile devices such as smartphones and tablets. The rising need for mobility in order to access data on the go is anticipated to drive industry growth over the forecast period.
Mobile:
Mobile is a computer software or hardware that enables its user to access the information stored on an RFID or label-based smart card. The mobile device can be used for various purposes such as reading data from the card, updating and creating new records, and so on. It also provides security against fraudulent activities such as changing data records without proper authority.
Application Insights:
The logistics application segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing demand for tracking and tracing solutions across various industries, such as automotive, retail, and manufacturing. Moreover, rising adoption of these software solutions by major logistics companies such as DHL are expected to propel industry growth over the coming years.
The IT application segment is also expected to witness significant growth during the forecast period owing to increasing demand from different sectors including healthcare, telecom & ITU WIOCCs among others for tracking inventory across warehouses or production units. Rising need for managing complex information technology infrastructure has led businesses towards adopting label printing software that enables real-time data transfer on labels generated via a computerized data system or handheld device with a barcode reader attached.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as increasing adoption of technologies, high demand for inventory tracking and logistics solutions, and rising need for access control systems among others.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing government initiatives in developing countries such as India and China aimed at implementation of RFID technology across several industries including automotive, pharmaceuticals & healthcare, retail & e-commerce sectors.
Growth Factors:
- Increasing demand for automated labeling and RFID software solutions from various industries to improve operational efficiency.
- Proliferation of Internet of Things (IoT) and big data analytics is expected to create new opportunities for the label and RFID software market growth.
- Rising demand for track-and-trace applications across different verticals is fueling the growth of the label and RFID software market.
- Growing popularity of Radio Frequency Identification (RFID) technology among retailers for inventory management is propelling the growth of the label and RFID software market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Label & RFID Software Market Research Report
By Type
Web-based, Mobile
By Application
Inventory Tracking, Logistics, IT, Access Control for Security, Internal Asset Tracking
By Companies
ODIN, SimplyRFID, Infinid Technologies, Barco, MSS Software, RVB Systems Group, Seagull Scientific, SATO America, Zebra Technologies, TEKLYNX
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Label & RFID Software Market Report Segments:
The global Label & RFID Software market is segmented on the basis of:
Types
Web-based, Mobile
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Inventory Tracking, Logistics, IT, Access Control for Security, Internal Asset Tracking
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ODIN
- SimplyRFID
- Infinid Technologies
- Barco
- MSS Software
- RVB Systems Group
- Seagull Scientific
- SATO America
- Zebra Technologies
- TEKLYNX
Highlights of The Label & RFID Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-based
- Mobile
- By Application:
- Inventory Tracking
- Logistics
- IT
- Access Control for Security
- Internal Asset Tracking
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Label & RFID Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Label & RFID Software is a software application that helps businesses manage and track inventory with barcodes and radio frequency identification (RFID). The software can automatically identify and track items in a warehouse, storeroom, or distribution center. It also allows businesses to create custom labels for each item, assign unique RFIDs to each label, and monitor the status of all items in an inventory system.
Some of the key players operating in the label & rfid software market are ODIN, SimplyRFID, Infinid Technologies, Barco, MSS Software, RVB Systems Group, Seagull Scientific, SATO America, Zebra Technologies, TEKLYNX.
The label & rfid software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Label & RFID Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Label & RFID Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Label & RFID Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Label & RFID Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Label & RFID Software Market Size & Forecast, 2018-2028
4.5.1 Label & RFID Software Market Size and Y-o-Y Growth
4.5.2 Label & RFID Software Market Absolute $ Opportunity
Chapter 5 Global Label & RFID Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Label & RFID Software Market Size Forecast by Type
5.2.1 Web-based
5.2.2 Mobile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Label & RFID Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Label & RFID Software Market Size Forecast by Applications
6.2.1 Inventory Tracking
6.2.2 Logistics
6.2.3 IT
6.2.4 Access Control for Security
6.2.5 Internal Asset Tracking
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Label & RFID Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Label & RFID Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Label & RFID Software Analysis and Forecast
9.1 Introduction
9.2 North America Label & RFID Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Label & RFID Software Market Size Forecast by Type
9.6.1 Web-based
9.6.2 Mobile
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Label & RFID Software Market Size Forecast by Applications
9.10.1 Inventory Tracking
9.10.2 Logistics
9.10.3 IT
9.10.4 Access Control for Security
9.10.5 Internal Asset Tracking
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Label & RFID Software Analysis and Forecast
10.1 Introduction
10.2 Europe Label & RFID Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Label & RFID Software Market Size Forecast by Type
10.6.1 Web-based
10.6.2 Mobile
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Label & RFID Software Market Size Forecast by Applications
10.10.1 Inventory Tracking
10.10.2 Logistics
10.10.3 IT
10.10.4 Access Control for Security
10.10.5 Internal Asset Tracking
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Label & RFID Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Label & RFID Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Label & RFID Software Market Size Forecast by Type
11.6.1 Web-based
11.6.2 Mobile
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Label & RFID Software Market Size Forecast by Applications
11.10.1 Inventory Tracking
11.10.2 Logistics
11.10.3 IT
11.10.4 Access Control for Security
11.10.5 Internal Asset Tracking
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Label & RFID Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Label & RFID Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Label & RFID Software Market Size Forecast by Type
12.6.1 Web-based
12.6.2 Mobile
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Label & RFID Software Market Size Forecast by Applications
12.10.1 Inventory Tracking
12.10.2 Logistics
12.10.3 IT
12.10.4 Access Control for Security
12.10.5 Internal Asset Tracking
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Label & RFID Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Label & RFID Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Label & RFID Software Market Size Forecast by Type
13.6.1 Web-based
13.6.2 Mobile
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Label & RFID Software Market Size Forecast by Applications
13.10.1 Inventory Tracking
13.10.2 Logistics
13.10.3 IT
13.10.4 Access Control for Security
13.10.5 Internal Asset Tracking
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Label & RFID Software Market: Competitive Dashboard
14.2 Global Label & RFID Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ODIN
14.3.2 SimplyRFID
14.3.3 Infinid Technologies
14.3.4 Barco
14.3.5 MSS Software
14.3.6 RVB Systems Group
14.3.7 Seagull Scientific
14.3.8 SATO America
14.3.9 Zebra Technologies
14.3.10 TEKLYNX
