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RFID Market to Grow by USD 18.77 Billion (2025-2029), Adoption of Inventory Management Systems Boosts Revenue, AI Driving Market Transformation – Technavio

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global radio frequency identification (RFID) market  size is estimated to grow by USD 18.77 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  14.6%  during the forecast period. Adoption of inventory management systems is driving market growth, with a trend towards growing use of RFID in data center management. However, data security and consumer privacy issues  poses a challenge. Key market players include Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., CYBRA Corp., Datalogic SpA, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID Inc., RFID4U, SATO Holdings Corp., Siemens AG, SML Group Ltd., TIBCO Software Inc., Unitech Computer Co. Ltd., Zebra Technologies Corp., CAEN RFID S.r.L., GAO Group, HID Corporation (US), Invengo Information Technology Co., Ltd. , Infotek Software & Systems (P) Ltd (i-TEK) (India), Bartronics India Limited (India), Bartech Data Systems Pvt. Ltd., ORBCOMM Inc. (US), GlobeRanger (US), Mojix (US), SAG Securitag Assembly Group Co., Ltd. (SAG) (Taiwan), Linxens (France), Checkpoint Systems, Inc. (US), Identiv, Inc. (US), Confidex

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Product (RFID tags, Middleware, Passive RFID systems, and Active RFID systems), End-user (Industrial, Retail, BFSI, Logistics, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa) , Offering, Wafer Size, Tag Type, Frequency, Form Factor, Material, Application

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., CYBRA Corp., Datalogic SpA, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID Inc., RFID4U, SATO Holdings Corp., Siemens AG, SML Group Ltd., TIBCO Software Inc., Unitech Computer Co. Ltd., Zebra Technologies Corp., CAEN RFID S.r.L., GAO Group, HID Global Corporation (US), Invengo Information Technology Co., Ltd. , Infotek Software & Systems (P) Ltd (i-TEK) (India), Bartronics India Limited (India), Bartech Data Systems Pvt. Ltd., ORBCOMM Inc. (US), GlobeRanger (US), Mojix (US), SAG Securitag Assembly Group Co., Ltd. (SAG) (Taiwan), Linxens (France), Checkpoint Systems, Inc. (US), Identiv, Inc. (US), Confidex

Key Market Trends Fueling Growth

RFID technology plays a significant role in enhancing data center management and asset optimization. In data centers, RFID tags are integrated into servers, routers, switches, and other network equipment for automated management and reduced human error. Meanwhile, in the pharmaceutical industry, RFID smart packaging integrated into sealed caps and closures prevents product tampering, diversion, and counterfeiting, providing item-level intelligence and enhancing market growth. Companies like eAgile Inc. Offer RFID solutions, such as eSeal, for various industries to improve security and efficiency. 

RFID market is experiencing significant growth with various applications in sectors like retail, logistics, healthcare, and manufacturing. The use of RFID technology for inventory management and tracking is on the rise. Markets like China and Europe are showing strong growth in RFID adoption. Companies are investing in RFID solutions for improved efficiency and accuracy. The technology is also being used for contactless payments and access control systems. The future of RFID looks promising with advancements in frequency bands, tag sizes, and reader capabilities. RFID is set to revolutionize industries with its ability to automate processes and enhance productivity. 

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Market Challenges

•         RFID market growth is hindered by data security and consumer privacy concerns. Without encryption, RFID data can be accessed through tag frequencies. Threats like clone tags, unauthorized riders, and side-channel attacks pose risks. These issues prevent RFID usage in critical applications such as credit and debit cards. Vendors must address these concerns through secure middleware decoding and privacy protections to expand market opportunities.

•         The RFID market faces several challenges in its implementation and growth. Markets like China and Logistics require proper regulation and standardization. Markets such as Manufacturing and Retail require affordable prices and improved technology for wider adoption. Markets like Europe and North America have privacy concerns and security issues that need addressing. Markets like Passive and Real-time require interoperability and scalability solutions. Markets like Tags and Readers need to ensure durability and reliability. Markets like RFID Inventory and RFID Asset require accurate and real-time data for effective management. Markets like RFID Middleware and RFID Software need to provide user-friendly interfaces and seamless integration with existing systems. Markets like RFID Hardware and RFID Services need to ensure compatibility and interoperability with various industries and applications.

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Segment Overview 

This radio frequency identification (rfid) market report extensively covers market segmentation by

Product 1.1 RFID tags1.2 Middleware1.3 Passive RFID systems1.4 Active RFID systemsEnd-user 2.1 Industrial2.2 Retail2.3 BFSI2.4 Logistics2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 RFID tags-  RFID tags, consisting of an antenna and IC, exchange data with readers through radio waves. The market for RFID tags is expanding due to increased demand for access control and material identification. RFID tags enhance operational efficiency, increase asset traceability, and improve reliability. Classified by frequency and technology, LF, HF, and UHF cater to various applications. Active and passive RFID tags function differently based on power sources. Recent advancements, such as SML Group’s new RFID tags using Impinj M700 series chips, offer high performance and reduced costs, contributing to the growth of the RFID market.

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Research Analysis

RFID technology plays a significant role in various industries, including manufacturing facilities and warehousing, by enabling efficient inventory management and asset tracking through the use of RFID tags and readers. These small devices emit and receive radio-frequency signals to identify and locate objects. RFID solutions have expanded their applications beyond inventory management, with electronic toll collection systems like FASTag being a notable example. The geographical coverage of RFID technology is vast, with sensor networks and middleware enabling real-time data processing and resource optimization. The integration of 5G technology is expected to further enhance the capabilities of RFID systems, making them more reliable and efficient. RFID transponders and readers are essential components of these systems, with the former containing a microchip and antenna to store and transmit data, while the latter decodes the signals emitted by the tags. Pestle analysis reveals that RFID technology faces challenges such as privacy concerns and high implementation costs but offers benefits like improved accuracy, reduced labor costs, and increased security.

Market Research Overview

The Radio Frequency Identification (RFID) market refers to the global industry dedicated to the production and implementation of RFID technologies. RFID systems utilize radio waves to automatically identify and track objects. These systems consist of tags, readers, and an infrastructure to manage the data. RFID tags contain a microchip and an antenna, allowing them to transmit data to readers when in proximity. The RFID market caters to various sectors, including retail, healthcare, logistics, and manufacturing, among others. RFID solutions offer benefits such as increased efficiency, improved accuracy, and enhanced security. The market is driven by factors like the growing demand for automation and the need for real-time inventory management. Additionally, advancements in RFID technology, such as the integration of NFC and the development of passive tags, are fueling market growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductRFID TagsMiddlewarePassive RFID SystemsActive RFID SystemsEnd-userIndustrialRetailBFSILogisticsOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Quintus Flexform™ Press Enables Sona SPEED to Deliver Flight-Critical Aerospace Components Faster

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Advanced forming technology strengthens precision manufacturing capabilities and reduces lead times for global high-performance industries

VÄSTERÅS, Sweden, April 22, 2026 /PRNewswire-PRWeb/ — Sona SPEED Pvt. Ltd., a specialist in precision mechatronics manufacturing solutions, is investing in a Quintus Flexform™ fluid cell press to expand its capabilities in producing high-precision prototype and low-volume components for aerospace and other demanding industries. The new press will support the company’s growing role as a supplier of flight-critical components for global customers.

Quintus Technologies’ expertise in high-pressure forming solutions meets the strict standards required for aerospace applications, enabling us to deliver consistent quality, performance, and reliability to customers operating in mission-critical environments.– Sona SPEED General Manager Bart Korff

Reflecting rising demand for lightweight, high-strength structures used in aircraft, satellites, and launch systems, Sona SPEED is strengthening its advanced forming and structural assembly capabilities, according to General Manager Bart Korff.

“We are expanding our metal forming and structural assembly capabilities to support next-generation aircraft, satellite, and launch vehicle programs,” says Mr. Korff. “Quintus Technologies brings proven expertise in high-pressure forming solutions that meet the stringent standards required for aerospace applications. Their technology enables us to deliver consistent quality, performance, and reliability to customers operating in mission-critical environments.”

The investment reflects broader industry trends toward lighter, stronger materials and faster development cycles across aerospace, defense, and high-performance industrial sectors. Advanced forming technologies such as the Flexform process enable manufacturers to reduce tooling complexity, improve structural performance, and accelerate product development timelines.

Sona SPEED selected the Flexform press model QFC 1×3-800, capable of applying up to 800 bar of forming pressure across a 1000 mm × 3000 mm work area. This performance is enabled by Quintus’ proven wire-winding pre-stress technology, which allows consistent pressure distribution across large forming surfaces.

Flexform is a versatile solution for manufacturing complex sheet metal components, particularly in industries where precision, speed, and cost control are essential for maintaining global competitiveness,” explains Peter Henning, Chief Commercial Officer, Quintus Technologies.

Designed for both prototyping and low-volume production, the Flexform process offers significant advantages compared with conventional rubber pad pressing and mechanical stamping. High-pressure forming reduces tooling complexity, eliminates secondary process steps, and improves fabrication productivity. Multiple forming tools can be used in a single operation, enabling faster transitions from design to production. High-cycle systems can produce up to 120 parts per hour, supporting rapid response to customer requirements.

The user-friendly press includes advanced features such as equipment serviceability, remote system control, and a high degree of self-diagnostics. It is also equipped with state-of-the-art high pressure hydraulics and a semi-automatic service system for quick and easy service of the unique Quintus flexible rubber diaphragm.

“This investment completes Sona SPEED’s aerospace offering by enabling us to manufacture high-integrity, near-net-shape components with enhanced mechanical properties. The Quintus press integrates seamlessly into our production line, allowing the delivery of flight-critical parts with reduced lead times and improved material performance – essential for aerospace and space missions,” notes Mr. Korff.

To support long-term operational reliability, Sona SPEED has chosen to participate in the Quintus® Care Program, a customized service solution that ensures operational reliability, maximum performance, controlled annual costs, and long-term partnership.

The program includes forming process and tool design support, access to Quintus Application Centers, prioritized technical assistance, and reliable availability of spare and wear parts. It also provides annual press inspections, operator training, and personnel recertification to maintain high levels of technical competence and production readiness.

“The added value of the high pressure process allows Sona SPEED to meet the quality, volume, and cost demands for sheet metal parts in major industrial sectors across the globe,” comments Johan Hjärne, CEO of Quintus Technologies. “We are pleased to be a strategic partner as they scale operations, invest in advanced manufacturing technologies, and enhance their engineering capabilities.”

The press will be installed in Sona SPEED’s 100,000-square-foot advanced manufacturing facility on the outskirts of Bengaluru (Bangalore), India in mid-December 2026.

About Quintus Technologies

Quintus Technologies is the global leader in high pressure technology. The company designs, manufactures, installs, and supports high pressure systems in four main areas: densification of advanced materials; sheet metal forming; battery processing; and high pressure processing for food and beverage innovation, safety, and shelf life. Quintus has delivered approximately 1900 systems to customers within industries such as energy, medical implants, space, aerospace, automotive, and food processing. The company is headquartered in Västerås, Sweden, with a presence in 45 countries worldwide. For more information, visit Quintus Technologies.

About Sona SPEED

Part of the century-old Sona Group, a premier business group in India, Sona Special Power Electronics & Electric Drives (Sona SPEED) was established in 2003 as an R&D division specializing in cutting-edge mechatronics manufacturing solutions. The company provides a comprehensive range of metal treatment solutions tailored to the specific needs of a worldwide client base across industries like aerospace, defense, heavy equipment, medical wearables, space, marine, industrial, automotive, and more. Sona SPEED’s unwavering commitment to precision and quality in metal treatments is reflected in state-of-the-art facilities and advanced technology that ensure the delivery of products that excel in performance and durability, thus meeting highest standards required for the most sophisticated and mission-critical applications. To know more, go to Sona SPEED.

Media Contact

Peter Henning, Quintus Technologies, 46 736 20 24 49, peter.henning@quintusteam.com, quintustechnologies.com

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Hannover Messe 2026: Zoomlion Debuts Robot Ops, Showcasing Industrial AI and Intelligent Manufacturing Capabilities

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HANNOVER, Germany, April 22, 2026 /CNW/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion” or “the Company”; 1157.HK) has made the global debut of its embodied intelligence operating system, Robot Ops, at Hannover Messe 2026, taking place from April 20 to 24. At the event, Zoomlion is showcasing the robot operating system for industrial applications, along with its industrial AI and intelligent manufacturing (IM) solutions. Through live demonstrations and themed presentations, Zoomlion is highlighting its latest advances in embodied intelligence development platforms and IM practices.

Built for the Software 3.0 era, Robot Ops is a professional embodied intelligence development platform centered on the engineering concept of “Data, Software, and Agents.” It integrates DevOps, DataOps, and AgentOps into a full-stack, engineering-grade solution, enabling coordinated development across software, data, and intelligent agents.

The platform comprises four modules: basic tools, imitation learning, reinforcement learning, and task orchestration, enabling full-lifecycle management from data collection and model training to simulation verification, application development, and deployment maintenance. Designed to be ready to use with a low barrier to adoption, Robot Ops improves closed‑loop iteration efficiency by over 50%.

It directly addresses four key industry challenges: high technical barriers, scenario migration difficulty, data bottlenecks, and lack of lifecycle management. By providing a standardized, replicable engineering path for large‑scale deployment, Robot Ops can be widely adapted to humanoid robots, industrial robots, construction machinery, and autonomous driving. As one platform empowering multiple industries, it supports a more scalable and standardized approach to embodied intelligence development.

At Hannover Messe 2026, Zoomlion is presenting live demonstrations under the unified scheduling of Robot Ops, in which a wheeled humanoid robot and a logistics mobile robot collaborate on a logistics-sorting scenario, while the first-generation mass-produced humanoid robot Z1 performs a dance routine and dynamic motion-control demonstration. The multi-robot collaborative demonstration shows how Robot Ops connects algorithms, task orchestration, and on-site execution.

Zoomlion is also presenting its Industry 5.0 IM solutions, including insights into Zoomlion Smart Industrial City. The showcase highlights how digital technologies such as intelligent scheduling, industrial AI, digital twins, and end-to-end intelligent logistics are integrated into manufacturing processes.

Zoomlion is exhibiting at Booth D76 in Hall 15 and Booth D70 in Hall 11, the China Pavilion. The Company is also co-exhibiting with Amazon Web Services (AWS) and participating in the China Pavilion’s “Invest in China” launch ceremony.

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Realm Raises $4.5M to Bring the ‘Cursor Moment’ to Enterprise Sales

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HELSINKI, April 22, 2026 /PRNewswire/ — Realm has raised a $4.5 million Seed round to speed up enterprise sales cycles. Its platform gives AI the structured context needed to automate deal-defining materials like RFP responses. The round was led by Frontline Ventures, with participation from HubSpot Ventures, Slack Co-founder Cal Henderson and Deel Co-founder Alex Bouaziz.

Realm CEO Mikko Mäntylä believes revenue work is next to undergo the agentic revolution that has already transformed software development.

“Tools like Cursor and Claude Code have fundamentally changed programming. Developers now manage fleets of agents, often running five to ten simultaneous tasks in different terminal windows,” Mäntylä says. “The best revenue teams are starting to replicate this approach, offloading RFP responses, security questionnaires, and other customer-facing materials to AI.”

However, the shift is still held back by a fundamental constraint. Unlike in software development, where the codebase provides structured context for AI, revenue teams work with fragmented systems and unstructured data. Critical information, such as why a deal was won, has to be pieced together from subtle, scattered signals.

Realm solves this by turning raw information into a structured representation of a company’s market, products, pipeline, and strategies. This purpose-built context graph mirrors how human sellers are onboarded and gives agents the foundation they need to contribute effectively.

“Our customers use Realm to draft their most important deliverables, from multi-million dollar bids to business cases that will make or break months of work,” Mäntylä says. “Typically, 70-80% of Realm’s work is approved as-is. Any edits feedback into Realm’s context, creating a compounding record that everyone in the organisation benefits from.”

That institutional memory extends beyond Realm’s own application. The platform integrates with Slack, CRMs, and AI assistants like Claude and ChatGPT, allowing teams to leverage Realm’s context and agents wherever they already work.

“The GTM stack has been built to record and report on what has already happened,” says George Radford from Frontline Ventures. “The emerging paradigm is tools that actually do the work, and Realm is building at the forefront of this shift. The team’s exceptional execution velocity and the rate at which customers are expanding usage convinced us Realm is the right team to back.”

The company will use the fresh funding to triple its team by the end of the year and accelerate its entry into the US.

About Realm

Realm builds a structured understanding of a company’s go-to-market and turns it into execution. As a result, work like RFPs, security reviews, and deal coordination happens in the background, not at the expense of time with buyers. Founded in 2023 by former Slush leaders Mikko Mäntylä and Miika Huttunen alongside Johan Jern, Realm is headquartered in Helsinki, Finland. Realm’s customers include Visma, Aiven, and Hostaway. Learn more: https://www.withrealm.com/ 

About Frontline Ventures

Frontline Ventures backs the most ambitious tech companies across the US and Europe, and positions them to win the transatlantic market. Frontline Seed backs European Seed startups when early US traction is critical to hyperscale. Frontline Growth backs US scaleups at Series B-D when European revenues are essential to IPO-readiness. Frontline Ventures’ portfolio includes companies like Navan, Lattice, and Vanta. Learn more: https://frontline.vc/ 

About HubSpot Ventures

HubSpot Ventures partners with ambitious entrepreneurs who are redefining how businesses grow and operate. The fund backs early- and growth-stage software companies building products that deliver unique value to HubSpot’s customer base, with a mission to help millions of organizations grow better. HubSpot Ventures’ portfolio includes companies like Clay, ElevenLabs, and Lovable. Learn more: https://www.hubspot.com/ventures

Media Contact
Mikko Mäntylä
CEO & Co-founder
mikko@withrealm.com 

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