Global UHF RFID (RAIN) market growing due to increased adoption in retail and supply chain

From GlobeNewswire: 2025-05-19 09:40:00

The global UHF RFID (RAIN) market is growing due to increased adoption of RFID technologies in retail and sustainability demands in the supply chain. Key players include Impinj, NXP Semiconductors, Murata Manufacturing, and more. Market expected to reach $14076.98 million by 2031 with a CAGR of 17.9%.

Rising adoption of RFID technologies in the retail sector drives market growth, with retail e-commerce sales in the US reaching $1192.6 billion in 2024. Major retailers like H&M, Zara, and Walmart are using UHF RFID technology for inventory management, supply chain efficiency, and combatting counterfeit items.

The deployment of UHF RFID technology in IoT devices is booming, especially in countries like Japan, Singapore, and China. Impinj, Inc. released Impinj M800 series RAIN RFID tag chips to enhance item connectivity for enterprises, improving readability, reliability, and manufacturability for tracking and securing connected items.

North America led the UHF RFID (RAIN) market in 2024, followed by Europe and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period. The market is segmented by component, application, and region, with hardware and retail sectors holding the largest shares.

Key players in the UHF RFID (RAIN) market include Caen RFID S.R.L, Impinj, Inc., NXP Semiconductors, Zebra Technologies, and more. Trending topics include the development of smaller tags, integration with emerging technologies, and more. Avery Dennison, Checkpoint Systems, and SAG are among the companies launching innovative RFID solutions.

RAIN RFID is a game-changer in various industries due to its unmatched availability, affordability, and ease of use. The report from The Insight Partners provides valuable insights for stakeholders navigating the evolving market landscape. For more information on the UHF RFID (RAIN) market, visit the provided link.



Read more at GlobeNewswire: Global UHF RFID (RAIN) Market Size to Reach USD 14.7