Printed and Chipless RFID Market Size & Share 2016 - 2023
Market Size by Application (Aviation, Healthcare, Logistics & Transport, Retail), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast.
Report ID: GMI490
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Published Date: June 2016
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Report Format: PDF
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Authors:
Suraj Gujar, Ankita Chavan
Printed and Chipless RFID Market Size
Printed and Chipless RFID Market size was USD 2.52 billion in 2015, and is forecast to grow with 26.7% CAGR to surpass USD 16 billion by 2023.
Radio frequency identification is employed in the transport sector, where contactless and contact smart cards contribute to the operational efficiency as well as save commute time. The segment will grow at 28% CAGR expectations from 2016 to 2023 to exceed USD 6 billion by 2023.
Tangible benefits in inventory control are also likely to augment industry revenue. Remote reading of tags containing unique codes for tracking, as well as simultaneous reading enabling a large volume of products to be checked are among other advantages of this approach.
Growing R&D and developments in nanotechnology and conductive inks will present viable growth opportunities to incumbent participants. Need to counter the expanding counterfeit drugs ecosystem is forecast to propel adoption across the pharmaceutical sector.
Barriers to revenue mainly included high capital investment. However, low printed and chipless RFID market price trend due to reducing solution cost with the help of technological advancements will drive growth. Concerns regarding privacy and the possibility of sensitive data leak will spur security initiatives in the coming years.
Printed and Chipless RFID Market Analysis
Retail applications were responsible for over 29% of the printed and chipless RFID market share in 2015. Growing use in improving the overall customer experience, inventory accuracy, store execution, on-shelf availability, as well as omni-channel retailing will drive growth over the forecast timeframe.
The aviation industry contributed over USD 300 million to the printed and chipless RFID market size in 2015. Favorable regulatory landscape is a major growth driver in the healthcare space. Major use cases include patient tracking, surgical instrument track and trace, staff identification, document management, inventory control, etc.
The industry has witnessed replacements of chip-based tags with chipless counterparts; these help in avoiding theft through asset tracking and also contribute in preventing counterfeiting. Government initiatives such as e-passports combined with growth in the number of electronic transactions and higher customer satisfaction will positively impact revenue.
U.S. printed and chipless RFID market size is forecast to surpass USD 4.8 billion by 2023, at 25% CAGR estimations from 2016 to 2023. Growing demand across application areas is expected to drive growth. Companies operating in the region have been adopting this technology to streamline supply chain management and enhancing inventory visibility.
Growing need for document management in government agencies and medical institutions will favor Asia Pacific printed and chipless RFID market growth. The Brazilian government offers incentives schemes to local companies adopting the technology. Companies based in the region have been leveraging it to track and trace their inventory and improve supply chain management.
Chip based solutions and barcodes represent external substitutes; however, any rise in demand is predicted to be offset by growing awareness regarding advantages offered by chipless RFID market implementation. Growing popularity is also forecast to attract new companies to enter the industry.
Printed and Chipless RFID Market Share
Major players include
Companies aim at ensuring considerable product differentiation and actionable solutions through R&D and product innovation activities. Focal areas include extensiveness of the product portfolio, quality of the products and services, performance characteristics, availability, etc. Companies accounting for printed and chipless RFID market share also need to ensure effective branding and strong customer relationships to sustain in the competition.
In October 2014, Zebra acquired Motorola Solutions’ Enterprise Business, which helped the company gain Motorola’s RFID hardware, mobile computing, card printing, bar coding, and cloud-based devices businesses.
In addition to products, Alien Technology also has a strong service portfolio, comprising technical consulting, program and project management, system configuration, training services, etc.
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →