RFID Market in India 2025:
How Big is the India RFID Industry?
The India RFID market size reached USD 561.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,446.63 Million by 2033, exhibiting a growth rate (CAGR) of 11.09% during 2025-2033.
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 561.50 Million
Market Size in 2033: USD 1,446.63 Million
Market Growth Rate (CAGR) 2025-2033: 11.09%
India RFID Market Trends and Drivers:
India RFID market is growing steadily driven through expanding digitalization, government-supported initiatives, and the emerging need for robust stock and asset management across sectors. Basically, industries such as logistics, retail, manufacturing, and transportation are increasingly more leveraging RFID solutions to automate supply chain activities, reduce human errors, and improve real-time visibility of goods and assets. Besides that, the government pushed through initiatives such as Digital India and Smart Cities Mission is pitching adoption of RFID technologies in public transportation, toll booths, and vehicle tracking systems. Additionally, the large-scale deployment of FASTag for digital tolling on national highways has significantly promoted RFID adoption across the automobile and transportation sectors. Apart from that, retail businesses are the application of RFID in inventory management, loss prevention, and enhanced patron experience through better fitting checkout and real-time surveillance of products, particularly in controlled retail channels. Additional, development of e-commerce and warehousing activities is creating a huge need for automated monitoring and logistics efficiency, for which RFID tags and readers play an important part.
Whereas, healthcare industry is applying RFID solutions for patient tracking, equipment monitoring and drug inventions management, enhancing better quality and regulatory rearing of the services. Further, workplace safety and safety focus are compelling RFID integration in the access control system, employee appearance monitoring, as well as controlled prescription area management. Apart from that, creating awareness on analytics and IOT integration is encouraging RFID to implement RFID since the organizations need to leverage real -time data insight for future maintenance as well as operation efficiency. Furthermore, RFID tags and falling cost of readers are lowering the cost of these solutions and making them affordable to small and medium enterprises due to enhancing production process. Apart from that, the collaboration between Indian system Integrators and International RFID solution providers is enhancing product availability, adaptation and after sale service within the local market. Besides, manufacturers of consumer electronics are embedding RFID chips on the manufacturer to monitor warranties, anti-counterfeiting and authenticity of products. Apart from this, the initiation of government policies embracing digital payments and automated transportation systems is further encouraging the adoption of RFID technology for smart card-based payment systems. In total, the convergence of government programs, digitization by industry, cost-effectiveness and increasing private investment is fast-keeping the RFID at the forefront of the evolving technology and automation hub of India.
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India RFID Market Report Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
Tags
Active Tags
Passive Tags
Readers
Software and Services
Frequency Insights:
Low Frequency
High Frequency
Ultra-High Frequency
Application Insights:
Commercial
Animal Tracking
Transportation
Agriculture
Security and Access Control
Healthcare
Retail
Logistics and Supply Chain
Others
Regional Insights:
North India
South India
East India
West India
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.
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Other Key Points Covered in the Report:
COVID-19 Impact on the Market
Porter's Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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