IoT RFID Printers Market Key Highlights:
- Market Size (2024): USD 937 Million
- Projected Market Size (2034): USD 2,119.54 Million
- CAGR (2023-2034): 8.5%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
IoT RFID Printers Market Definition
The IoT RFID printers market is an integral segment of the consumer electronics industry. This industry deals in the manufacturing and distribution of internet-based RFID printers across the world. There are various products manufactured in this industry, such as industrial printers, mobile printers, desktop printers, and others. These printers are developed using several technologies, such as thermal transfer, direct thermal, and inkjet. It is mainly available in the market through different frequencies such as low frequency (LF), high frequency (HF), and ultra-high frequency (UHF). This market is likely to rise significantly with the growth of the printing industry around the globe.
The demand for IoT RFID printers has increased rapidly in the healthcare sector. In the healthcare industry, these printers are used to develop RFID tags for various objects, such as medical equipment, patient wristbands, medication packaging, and staff ID badges. Also, the application of these printers has grown in the manufacturing sector. In the manufacturing industry, IoT RFID printers are used to print labels on products for inventory management, production tracking, tool and equipment management, automated reordering, and others. Moreover, the usage of these printers has gained traction in the entertainment and governmental sectors due to their numerous applications. Thus, the rising application of these printers in the above-mentioned sectors is expected to boost the growth of the IoT RFID printers market.
Advancements in 3D printing technology along with developments in smart sensing RFID, are expected to create ample growth opportunities for the market players in the future. In March 2023, Chainway launched an IoT RFID printer named ‘CP30’. This printer is designed for several applications, such as asset management, medical, warehousing, logistics, and others.
IoT RFID Printers Market Segmentation:
By Type
- Desktop RFID Printers
- Industrial RFID Printers
- Mobile RFID Printers
By Application
- Transport/Logistics
- Industrial
- Healthcare
- Financial Services
- Retail
- Others
IoT RFID Printers Market Companies:
- Zebra Technologies
- MPI Label Systems
- Alien Technology
- Honeywell
- Quadrel Labeling Systems
- ID Technology
- CTM Labeling Systems
- BarcodeAmerica
- Datamax-O'Neil
- SATO
- Toshiba
- Avery Dennison
- Hitachi
- TSC
- Fujitsu.
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