Market Overview:
The global RAIN RFID solutions market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for RAIN RFID tags, readers, software, and services across different applications such as apparel and footwear, retail, logistics, asset management, medical devices and air baggage and cargo. Additionally, the growing adoption of RAIN RFID technology by small-and-medium businesses (SMBs) is also contributing to the growth of this market. However, lack of standardization is restraining the growth of this market to some extent.
Product Definition:
Rain RFID Solutions is a technology that uses radio frequency identification (RFID) to track items. RAIN RFID Solutions are important because they allow businesses to keep track of their inventory more easily and efficiently.
Tags:
The RAIN RFID solution is built on top of the industry-standard EPCA (Extensible Processing Control Architecture) standard. The RAIN RFID technology uses a unique set of tags that are manufactured and supplied by the vendor, which can be easily attached to products throughout the supply chain. These tags are inexpensive compared to other tracking solutions available in the market and also provide better performance in terms of cost per unit volume, which makes them suitable for mass applications.
Readers:
The readers and it's usage in RAIN RFID solutions market is used to track the movement of goods or people. The technology uses radio frequency identification to track objects, which are then used for inventory control and theft prevention purposes. It can be used for individual tracking as well as fleet tracking.
Application Insights:
The application segment is segregated into apparel and footwear, retail, logistics, asset management, medical and air baggage and cargo. The apparel and footwear segment accounted for the largest market share in 2017 owing to the high adoption of RFID solutions in this industry. The growing trend of online shopping has created a huge demand for inventory tracking which is driving the need for an efficient solution such as RFID. Moreover, companies are focusing on reducing counter queues by introducing self-service options which further drives the need for an efficient solution such as RAIN RFID.
The increasing use ofRF technology across distribution centers to improve inventory accuracy & reduce shrinkage is expected to drive its adoption over other technologies such as barcodes or QR codes during the forecast period 2018 - 2030 ¢â‚¬â€œ 2030 thereby contributing towards revenue growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to various factors such as increasing adoption of RFID technology, growing demand for tags from retail and logistics sectors, and rising need for automated identification solutions in supply chain management. Moreover, presence of major players with extensive distribution networks across North America is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives towards implementation of advanced technologies across various industries in countries such as China and India. In addition, rising penetration of electronic products including laptops, mobile phones among others will propel product demand further driving regional growth during the forecast period.
Growth Factors:
- Increasing demand for RAIN RFID Solutions from the retail sector for inventory management and tracking purposes.
- The increasing demand for RAIN RFID Solutions from the automotive sector to track parts and components during the manufacturing process.
- The increasing demand for RAIN RFID Solutions from the healthcare sector to manage medical records and track patients' movements within hospitals.
- The growing popularity of RAIN RFID Solutions among small businesses due to its low cost and ease of use.
- Increased awareness about the benefits of using RAIN RFID Solutions among business owners, which is driving its adoption across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
RAIN RFID Solutions Market Research Report
By Type
Tags, Readers, Software, Services
By Application
Apparel And Footwear, Retail, Logistics, Asset Management, Medical, Air Baggage And Cargo, Electronic Vehicle Identification
By Companies
Impinj, Inc., NXP Semiconductors N.V., Walki Group Oy, SMARTRAC N.V., ITL Group, 7iD Technologies, HID Global, Hangzhou Century Link Technology Co., Ltd., Convergence Systems Limited (CSL), Invengo Technology Pte. Ltd., Xerafy (HK) Limited, CAEN RFID S.r.l.
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global RAIN RFID Solutions Market Report Segments:
The global RAIN RFID Solutions market is segmented on the basis of:
Types
Tags, Readers, Software, Services
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
Apparel And Footwear, Retail, Logistics, Asset Management, Medical, Air Baggage And Cargo, Electronic Vehicle Identification
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:
- Impinj, Inc.
- NXP Semiconductors N.V.
- Walki Group Oy
- SMARTRAC N.V.
- ITL Group
- 7iD Technologies
- HID Global
- Hangzhou Century Link Technology Co., Ltd.
- Convergence Systems Limited (CSL)
- Invengo Technology Pte. Ltd.
- Xerafy (HK) Limited
- CAEN RFID S.r.l.
Highlights of The RAIN RFID Solutions 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:
- Tags
- Readers
- Software
- Services
- By Application:
- Apparel And Footwear
- Retail
- Logistics
- Asset Management
- Medical
- Air Baggage And Cargo
- Electronic Vehicle Identification
- 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 RAIN RFID Solutions 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
RAIN RFID Solutions is a global provider of innovative RFID solutions. Our products and services help organizations manage assets, track shipments, and identify unauthorized access. We offer a full suite of products and services that can be customized to meet your specific needs.
Some of the key players operating in the rain rfid solutions market are Impinj, Inc., NXP Semiconductors N.V., Walki Group Oy, SMARTRAC N.V., ITL Group, 7iD Technologies, HID Global, Hangzhou Century Link Technology Co., Ltd., Convergence Systems Limited (CSL), Invengo Technology Pte. Ltd., Xerafy (HK) Limited, CAEN RFID S.r.l..
The rain rfid solutions market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 RAIN RFID Solutions 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 RAIN RFID Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RAIN RFID Solutions 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 RAIN RFID Solutions 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 RAIN RFID Solutions Market Size & Forecast, 2018-2028
4.5.1 RAIN RFID Solutions Market Size and Y-o-Y Growth
4.5.2 RAIN RFID Solutions Market Absolute $ Opportunity
Chapter 5 Global RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Type
5.2.1 Tags
5.2.2 Readers
5.2.3 Software
5.2.4 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Applications
6.2.1 Apparel And Footwear
6.2.2 Retail
6.2.3 Logistics
6.2.4 Asset Management
6.2.5 Medical
6.2.6 Air Baggage And Cargo
6.2.7 Electronic Vehicle Identification
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RAIN RFID Solutions 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 RAIN RFID Solutions 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 RAIN RFID Solutions Analysis and Forecast
9.1 Introduction
9.2 North America RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Type
9.6.1 Tags
9.6.2 Readers
9.6.3 Software
9.6.4 Services
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 RAIN RFID Solutions Market Size Forecast by Applications
9.10.1 Apparel And Footwear
9.10.2 Retail
9.10.3 Logistics
9.10.4 Asset Management
9.10.5 Medical
9.10.6 Air Baggage And Cargo
9.10.7 Electronic Vehicle Identification
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 RAIN RFID Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Type
10.6.1 Tags
10.6.2 Readers
10.6.3 Software
10.6.4 Services
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 RAIN RFID Solutions Market Size Forecast by Applications
10.10.1 Apparel And Footwear
10.10.2 Retail
10.10.3 Logistics
10.10.4 Asset Management
10.10.5 Medical
10.10.6 Air Baggage And Cargo
10.10.7 Electronic Vehicle Identification
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 RAIN RFID Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Type
11.6.1 Tags
11.6.2 Readers
11.6.3 Software
11.6.4 Services
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 RAIN RFID Solutions Market Size Forecast by Applications
11.10.1 Apparel And Footwear
11.10.2 Retail
11.10.3 Logistics
11.10.4 Asset Management
11.10.5 Medical
11.10.6 Air Baggage And Cargo
11.10.7 Electronic Vehicle Identification
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 RAIN RFID Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America RAIN RFID Solutions 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 RAIN RFID Solutions Market Size Forecast by Type
12.6.1 Tags
12.6.2 Readers
12.6.3 Software
12.6.4 Services
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 RAIN RFID Solutions Market Size Forecast by Applications
12.10.1 Apparel And Footwear
12.10.2 Retail
12.10.3 Logistics
12.10.4 Asset Management
12.10.5 Medical
12.10.6 Air Baggage And Cargo
12.10.7 Electronic Vehicle Identification
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) RAIN RFID Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) RAIN RFID Solutions 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) RAIN RFID Solutions Market Size Forecast by Type
13.6.1 Tags
13.6.2 Readers
13.6.3 Software
13.6.4 Services
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) RAIN RFID Solutions Market Size Forecast by Applications
13.10.1 Apparel And Footwear
13.10.2 Retail
13.10.3 Logistics
13.10.4 Asset Management
13.10.5 Medical
13.10.6 Air Baggage And Cargo
13.10.7 Electronic Vehicle Identification
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 RAIN RFID Solutions Market: Competitive Dashboard
14.2 Global RAIN RFID Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Impinj, Inc.
14.3.2 NXP Semiconductors N.V.
14.3.3 Walki Group Oy
14.3.4 SMARTRAC N.V.
14.3.5 ITL Group
14.3.6 7iD Technologies
14.3.7 HID Global
14.3.8 Hangzhou Century Link Technology Co., Ltd.
14.3.9 Convergence Systems Limited (CSL)
14.3.10 Invengo Technology Pte. Ltd.
14.3.11 Xerafy (HK) Limited
14.3.12 CAEN RFID S.r.l.
