RFID Middleware Market Size, Share, Growth Report 2030

RFID Middleware Market Size And Industry Analysis

The global RFID Middleware market size accrued earnings worth approximately 4.1 (USD Billion) in 2019 and is predicted to gain revenue of about 8.3 (USD Billion) by 2026, is set to record a CAGR of nearly 10.1% over the period from 2020 to 2026. The report offers an assessment and analysis of the RFID Middleware market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

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RFID Middleware Market: Overview

RFID middleware is the interface between RFID application and RFID hardware. In addition to this, the product effectively manages and processes raw RFID information before transferring it as collected events to applications. Moreover, the surge in the use of RFID tags in retail & production activities as well as in healthcare and automotive sectors will proliferate business growth in the years ahead. RFID middleware is also termed an RFID manager as it acts in the form of a communication layer that facilitates interaction between network & hardware.

Additionally, RFID middleware helps in linking hardware & application assisting owners in maintaining effective inventory & proficient database management. Escalating the need for automation in the retail industry will prompt RFID middleware requirements, thereby enlarging the scope of RFID middleware over the upcoming years.

RFID Middleware Market Report Scope :

RFID Middleware Market: Growth Dynamics

The surge in the installation of RFID systems in the retail sector for preventing financial loss caused due to theft and burglary as well as data leaks will favorably leverage the expansion of the RFID Middleware industry over 2020-2026. In addition to this, the product reduces operational expenses along with raising the exactness of the supply chain. It also enhances the end-user experience. Moreover, myriad benefits offered by RFID middleware have helped the product gain widespread acceptance in retail stores, thereby elevating the market size over the forecast timeline.

Apparently, escalating acceptance of new technologies at the place of work for maintaining accuracy will proliferate the RFID Middleware market size in the years to come. However, huge capital costs as well as rising deployment charges of hardware & software will halt the RFID Middleware industry surge over 2020-2026. A large number of firms accepting RFID tags integrated with a cloud-based technique for real-time storing as well as monitoring of data will prompt business growth over the forecast timeline.

Regional Landscape

North America To Make Lucrative Contributions Toward Overall Market Size By 2026

The market growth in North America over the forecast timespan is due to large-scale demand for RFID middleware in U.S. and Canada. Apart from this, the presence of giant players in these countries will contribute majorly towards the regional market revenue in the years to come. In addition to this, strong retail infrastructure in the sub-continent will further scoop up the RFID middleware market growth in the region over 2020-2026.

Key Market Players & Competitive Landscape

Major players profiled in the study are 

• Acsis, Inc.
• Blue Vector Systems
• VeriSign Inc.
• Cisco Systems
• Omnitrol Networks, Inc.
• TIBCO Software
• ORBCOMM
• SkandSoft Technologies
• BEA Systems Inc.
• Reva Systems
• Tyco Retail Solutions
• GlobeRanger Corporation
• OAT Systems
• Sun Microsystems Inc.
• webMethods

The global RFID Middleware Market is segmented as follows:

By Application

• Logistics & Transportation
• Automotive
• Aerospace & Defense
• Agriculture & Livestock
• Retail & Consumer Goods
• Government
• Healthcare & Pharmaceutical

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa