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RFID Market worth $25.24 billion by 2033 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Jan. 13, 2025 /PRNewswire/ — The RFID market is expected to reach USD 25.24 billion by 2033, up from USD 12.61 billion in 2025, at a CAGR of 9.1% from 2025 to 2033 according to a new report by MarketsandMarkets™. The growth in the RFID market can be attributed to the increasing demand for automation and real-time tracking across retail, logistics & warehousing, healthcare, and manufacturing industries. Major drivers of growth of the market are an upsurge in demand for e-commerce and optimization of the supply chain, enrichment of asset tracking and solutions in inventory management, increasing precision and security through RFID technological advancements, and the growing adoption of contactless transactions.

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Browse in-depth TOC on “RFID Market” 
238 – Tables
76 – Figures
299 – Pages

RFID Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 12.61 billion

Estimated Value by 2033

$ 25.24 billion

Growth Rate

Poised to grow at a CAGR of 9.1%

Market Size Available for

2021–2033

Forecast Period

2025–2033

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Offering, Tag Type, Form Factor, Material, Frequency, Wafer Size, Application, Vertical, and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Technical complexities and barriers affecting RFID adoption

Key Market Opportunities

Cost reduction in RFID tags

Key Market Drivers

Growing adoption RFID technology in retail and supply chain management

 The increasing demand for passive RFID tags and readers, RFID-IoT-cloud integration solutions, RFID initiatives by the government for various sectors, and smart city and Industry 4.0 initiatives are the major growth drivers for this market. The technology is becoming less expensive with time and has become more widely applicable in a broad range of industries.

Entertainment segment to grow at the highest CAGR in RFID market during the forecast period.

In the vertical segment of the RFID market, the entertainment sector is characterized by a phenomenal growth and will attain the highest CAGR during the forecast period. The growth in the entertainment sector is chiefly driven due to the rising adoption of RFID technology and enhancing customer experience, operational processes, and security at entertainment venues such as theme parks, stadiums, and theatres. RFID-enabled wristbands and tickets are widely utilized for access control, cashless payments, and personalized services, significantly improving visitor convenience and operational efficiency. In addition, RFID technology aids in inventory management and asset tracking for equipment, costumes, and props in production houses and live events. Immersive experiences, like interactive exhibits and escape rooms, further increase the pace of the adoption of RFID solutions for real-time engagement and data collection. Thus, as demand for seamless, secure, and data-driven entertainment grows, it is likely that the inclusion of RFID solutions will become essential and therefore will grow at a tremendous rate in this segment of the market.

12-inch to account for the highest CAGR in wafer size segment during the forecast period.

During the forecast period, the 12-inch segment in the RFID wafer size market is expected to grow at the highest CAGR. This growth will, however, be driven mainly by the demand for greater efficiency and performance in RFID applications. Larger wafers, such as the 12-inch, enable a far larger number of chips per wafer, reducing the per-unit cost of the individual chip and allowing greater volume. This requires additional wafer technology development as businesses such as logistics & warehousing, retail, and healthcare take up RFID-based technologies for asset tracking and authentication and inventory management purposes. The 12-inch wafers can support a higher density of chips and better performance and integration, which are critical to support the growth in RFID applications in various sectors. Moreover, the automation and digitization trend across industries is also fuelling the demand for more effective and cost-controlled RFID solutions. Companies are continuing to invest in advanced RFID systems, putting the 12-inch wafer segment in a good position for witnessing a reasonable share of growth, which is another factor driving the RFID market.

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Asia Pacific to account for largest market share during forecast period.

Asia Pacific is anticipated to remain the largest market for RFID, because of solid industrial growth, fast uptake of technology, and substantial investments in logistics, retail, and manufacturing. This, combined with heavy investment into infrastructure, with growing pressure on supply chain efficiency, has quickly led to adoption across diverse industries. In addition, growing demands of retail, healthcare, and automotive sectors for automation, real-time tracking, and inventory management further boosts adoption of RFID technology. Some key players in Asia Pacific like China, Japan, and South Korea have been leading the development of RFID technology; with the support of respective nation governments through considerable initiatives on smart cities and their economic digitalization. Rising use of RFID solutions within the IoT ecosystems and an expanding pattern of e-commerce and smart retail are also the market contributors. In addition, benign environments that are regulatory in nature as well as the presence of big brands of RFID manufacturers within this region add to competitive edges and continued expansion within this Asia Pacific RFID industry.

The report profiles key players in RFID companies such as include Zebra Technologies Corp. (US), Avery Dennison Corporation (US), Honeywell International Inc. (US), HID Global Corporation (US), Datalogic S.p.A. (Italy), Impinj, Inc. (US), GAO RFID Inc. (Canada), Alien Technology LLC (US), CAEN RFID S.r.l. (Italy), and Xemelgo, Inc. (US). These players have adopted various organic and inorganic growth strategies such as product launches, expansions, partnerships, collaborations, and acquisitions.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Electronic Toll Collection Market by Technology (RFID and DSRC), Offering (Hardware and Back Office), Application (Highways and Urban Areas), Type (Transponders/Tag-Based Tolling Systems) and Region – Global Forecast to 2029

RFID and Barcode Printer Market Size, Share & Industry Growth Analysis Report by Printer Type, Format Type (Industrial Printers, Desktop Printers, Mobile Printers), Printing Technology, Printing Resolution, Application, and Region – Global Growth Driver and Industry Forecast to 2026

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Insurance Expert Steven Barber Explains Hail Damage Insurance Claims for Homeowners in HelloNation

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The article explains how homeowners can document hail damage, review roof coverage, and understand insurance deductibles before filing a claim.

FORT WORTH, Texas, Oct. 30, 2026 /PRNewswire/ —

KEY HIGHLIGHTS

Homeowners should check for visible hail damage from a safe location and document any signs of roof or property damage.Reviewing homeowners’ insurance can help homeowners understand roof coverage, deductibles, and how claim payments work.Replacement cost coverage and actual cash value coverage can affect how much an insurance company pays for covered roof damage.

What should homeowners know before filing a hail damage insurance claim? A HelloNation article answers this question with insights from Steven Barber, Insurance Expert of Fort Worth, Texas. The feature explains how homeowners can identify storm damage, review their insurance policies, and prepare for the claims process.

How Should Homeowners Check for Hail Damage?

The article explains that hail damage is not always easy to see from the ground. Strong hail can crack shingles, loosen roofing materials, and leave dents in gutters. Some damage may also lead to leaks weeks or months after a storm.

Homeowners should begin by checking for visible damage from a safe location. Missing shingles, broken siding, and roofing materials on the lawn may point to storm damage. The article advises homeowners to avoid climbing onto their roofs and instead contact a qualified roofer for an inspection.

Steven Barber’s insights also highlight the value of keeping clear records. Homeowners should take photos of visible damage, note the date of the storm, and save records of any repairs. These details may help support a roof insurance claim.

If water enters the home, homeowners should take reasonable steps to prevent further damage. Keeping receipts for temporary repairs may also be helpful because some homeowners insurance policies cover eligible costs to limit additional damage.

What Should Homeowners Review Before Filing an Insurance Claim?

The HelloNation article explains why reviewing homeowners insurance is an important step before filing a claim. Policy terms can affect what types of roof damage are covered and how much a homeowner may need to pay.

Most standard homeowners insurance policies provide some protection against sudden hail damage. However, coverage depends on the policy, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep are generally treated differently from damage caused by a recent storm.

An insurance deductible is another important factor. This is the amount a homeowner pays toward a covered loss before the insurance company pays its share.

For example, if covered roof repairs cost $8,000 and the deductible is $2,000, the insurer may pay $6,000, depending on the policy.

The article also explains that some policies have separate wind and hail deductibles. These may be set dollar amounts or percentages of the home’s insured value. A two percent deductible on a home insured for $300,000 would equal $6,000.

Understanding these amounts can help homeowners estimate their costs before filing hail damage insurance claims.

How Does Roof Coverage Affect Insurance Payments?

The article identifies replacement cost coverage and actual cash value coverage as two important terms homeowners should understand.

Replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage takes the roof’s age and wear into account, which may lead to a smaller payment.

The article also explains that some replacement cost policies issue payments in stages. An insurance company may send an initial payment and release the remaining eligible amount after repairs are complete.

Homeowners may need to provide receipts or final repair documents before receiving the remaining funds. The exact process depends on the insurance policy.

Knowing how roof coverage works can help homeowners prepare for repair costs and understand what to expect during a claim.

What Happens After a Homeowner Files a Roof Insurance Claim?

According to the HelloNation article, homeowners who decide to file a claim should contact their insurance company and ask about the required documents and deadlines.

The insurance company may arrange an inspection to review the damage and determine what the policy covers.

Homeowners can also request a written repair estimate from a qualified roofer. Comparing that estimate with the insurer’s findings may help identify differences in the proposed work.

The article notes that not every hail mark means a roof needs to be replaced. Homeowners should ask questions when repair recommendations or damage findings are unclear.

Keeping copies of photos, estimates, receipts, and claim messages can also make the process easier to follow. If an insurer denies part of a claim, homeowners can ask which policy terms apply and whether another review is available.

The article also encourages homeowners to be careful when hiring contractors after a major storm. Checking licenses where required, insurance, references, and written contracts can help homeowners avoid problems during repairs. Homeowners who are unsure which roofing company to hire can also contact their local insurance agent for a list of reliable roofing companies.

What Homeowners Should Know About Hail Damage and Roof Insurance Claims features insights from Steven Barber, Insurance Expert of Fort Worth, Texas, in HelloNation.

FREQUENTLY ASKED QUESTIONS

What Should Homeowners Do First After a Hailstorm?

Steven Barber’s insights in the HelloNation article explain that homeowners should check for visible damage from a safe location. Taking photos, recording the storm date, and arranging a professional roof inspection can help homeowners understand the damage before filing a claim.

Does Homeowners Insurance Cover Hail Damage to a Roof?

The article explains that most standard homeowners insurance policies cover some sudden hail damage. However, roof coverage depends on the policy terms, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep may not qualify for the same protection.

How Does an Insurance Deductible Affect a Hail Damage Claim?

According to the article featuring Steven Barber, an insurance deductible is the amount a homeowner pays toward a covered loss. Some policies have separate wind and hail deductibles that may be higher than the deductible for other claims.

What Is the Difference Between Replacement Cost Coverage and Actual Cash Value Coverage?

The HelloNation article explains that replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage considers the roof’s age and wear, which may reduce the claim payment.

How Can Homeowners Find a Reliable Roofing Contractor After a Hailstorm?

Steven Barber’s featured insights encourage homeowners to check a roofing contractor’s license where required, insurance, references, and written contract before agreeing to repairs. Homeowners can also contact their local insurance agent for a list of reliable roofing companies if they need help deciding whom to hire.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/insurance-expert-steven-barber-explains-hail-damage-insurance-claims-for-homeowners-in-hellonation-302925268.html

SOURCE HelloNation

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A+ Federal Credit Union Celebrates Award-Winning Banking With $250 New Member Offer

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Austin’s #1 Credit Union invites the community to experience nationally recognized digital banking and discover what it means to live an A+ life

AUSTIN, Texas, Oct. 30, 2026 /PRNewswire/ — A+ Federal Credit Union (A+FCU) is celebrating a year of recognition by saying thank you to the community that made it possible and inviting more people to experience award-winning banking with a special opportunity to earn up to $250 when they become a new member.

For the fourth consecutive year, A+FCU was voted the #1 Credit Union in the 2026 Best of ATX Awards, an honor determined by votes from the local community.

The local recognition comes alongside national honors for A+FCU’s digital banking experience. Global Finance’s 2026 World’s Best Consumer Digital Banking Awards named A+FCU Best Consumer Digital Bank in the United States, while the A+ Mobile App was named Best Mobile Banking App in the United States and North America for the second consecutive year.

Together, the honors recognize both sides of the A+FCU experience: a credit union deeply connected to the communities it serves and one delivering innovative, convenient digital banking that helps members manage their money wherever life takes them.

“Being voted Austin’s Best Credit Union for four years in a row is especially meaningful because that recognition comes from the community we serve. Combined with national recognition for our digital banking experience, it’s a powerful reflection of our team’s commitment to helping members live their A+ lives,” said Eric R. Kase, President/CEO of A+ Federal Credit Union. “We’re grateful to our members for their continued trust, and we invite even more of those in Central Texas and across the state to experience the A+ difference.”

As a special thank you and invitation to the community, new members can currently earn up to $250 when they join A+FCU and open qualifying accounts. There are a variety of ways to qualify for an A+FCU membership. New members can earn $50 for opening a new membership with a free Cash-Back Checking Account, plus another $200 after qualifying payroll direct deposits totaling $800 or more. The promotion requires use of promo code 2026OFFER250 and is subject to additional terms and eligibility requirements.

And the benefits are designed to continue beyond the initial offer. The A+FCU Cash-Back Checking Account offers unlimited cash back on purchases made with an A+FCU debit card, with no monthly fees and cash back paid monthly.

Members also have access to A+FCU’s nationally recognized digital banking experience. The free A+ Mobile App includes biometric login and enhanced security features, real-time transaction alerts, card controls and budgeting tools, mobile check deposit, person-to-person money transfers, access to free monthly credit score updates, streamlined direct deposit setup, and live chat support.

“For more than 77 years, we’ve grown alongside the communities we serve,” Kase added. “As we look ahead, we’ll continue finding new ways to make banking easier, more convenient, and more rewarding while staying true to the personal service and community commitment that have always defined A+FCU.”

To learn more about A+FCU membership and limited-time $250 new member joining offer, visit aplusfcu.org/rewards.

About A+ Federal Credit Union
A+ Federal Credit Union was founded in 1949 by 50 Austin, Texas teachers. Over seventy-seven years later, A+FCU is an award-winning institution with more than 191,000 members throughout the community, $2.52 billion in assets, over 520 employees, and 22 branches. A+FCU supports members with a full range of financial products including home, auto, and business loans, checking and savings accounts, as well as digital banking solutions for banking on the go. Learn more at aplusfcu.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-federal-credit-union-celebrates-award-winning-banking-with-250-new-member-offer-302925269.html

SOURCE A+ Federal Credit Union

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From Fairways to Futures: Swings for STEM Raises $100,000

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Third Annual Event Brings Together Chemical Industry Leaders, Policymakers, Academic Partners and Students to Strengthen Tomorrow’s Workforce

WASHINGTON, Oct. 30, 2026 /PRNewswire/ — The Alliance for Chemical Distribution (ACD) and American Chemistry Council (ACC) joined forces Monday for the third annual Swings for STEM golf tournament, raising $100,000 to support the next generation of scientists, engineers, and innovators. The event brought together stakeholders from industry, government and academia for a day of friendly competition and fundraising benefiting the Future of STEM Scholars Initiative (FOSSI) and Creating Exciting Futures in STEM (CEFinSTEM) , two organizations that seek to inspire, support, and expand access to STEM education.

“The future of our industry depends on the next generation of scientists, engineers, and innovators, and we have a responsibility to help them succeed,” said Eric R. Byer, President and CEO of ACD. “Swings for STEM is about more than raising money. It’s about opening doors, building relationships, and giving talented young people the opportunity to see what’s possible in the chemical distribution industry. We’re incredibly grateful to our sponsors, donors, and participants for helping us invest in the next generation of STEM leaders.”

“Chemistry is at the heart of American innovation, and maintaining that leadership starts with investing in the next generation,” added Chris Jahn, President and CEO of the American Chemistry Council. “When we launched FOSSI, our goal was to create new pathways into STEM careers and strengthen the chemical industry’s talent pipeline. Today, more than 900 scholarships have been funded through that effort. Swings for STEM reflects that same vision, bringing industry and policy partners together to raise nearly $300,000 over the past three years.”

The event also featured a dedicated student program for FOSSI scholars, combining a golf clinic, leadership development workshop, and networking opportunities.

FOSSI Scholar Brandon Simmons was one of nearly 20 scholarship recipients who attended the event, sharing, “My experience at Swings for STEM was truly rewarding. I enjoyed learning new techniques and connecting with fellow FOSSI scholars from different schools. The event was a great opportunity to build relationships, share experiences, and grow alongside other scholars. I’m grateful to FOSSI for creating opportunities like this that foster both personal growth and a strong sense of community.”

To learn more about FOSSI visit www.FutureofSTEMScholars.org. Scholarship applications are open until January 8th, 2027. Eligible students can apply here.

To learn more about CEFinSTEM, visit www.cefinstem.org.

ACC and ACD extend their gratitude to the sponsors who made this event possible:

The American Cleaning InstituteThe American Coatings AssociationAmerican Fuel & Petrochemical ManufacturersThe American Cleaning InstituteAstro ChemicalsCGCNChevron Phillips Chemical LPDowEastman Chemical CompanyThe Fertilizer InstituteHighland Advocacy GroupHolland & KnightThe Household & Commercial Products Association Mehlman ConsultingOGRPLASTICS Industry AssociationRussell Reynolds AssociatesSociety of Chemical Manufacturers & Affiliates (SOCMA)SolsticeSquared CommunicationsTargeted VictoryThompson Hine LLPTunnlThe Vinyl InstituteWashington Examiner

Alliance for Chemical Distribution
The Alliance for Chemical Distribution (ACD) partners with our more than 400 chemical distribution industry members to provide the education, connection, standards, and advocacy they need to responsibly move the essential products our world depends on. As leaders in the $27B+ chemical distribution industry, ACD member companies commit to the highest standardsin quality, safety, sustainability, and performance through ACD Responsible Distribution™. For more information, visit www.acd-chem.com.

American Chemistry Council
The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-fairways-to-futures-swings-for-stem-raises-100-000–302925278.html

SOURCE American Chemistry Council

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