RFID Tags Market revenue will reach $13.65 billion by 2024, says Esti RFID Tags Market Forecast and Industry Analysis Re | Page 2

The global RFID Tags market was valued at $4.6 billion in 2016, and is projected to
reach $13.65 billion by 2024, growing at a CAGR of 14.5 % from 2017 to 2024. By
type, Passive RFID, generated the highest revenue share of $3.25 billion in 2016,
growing at a CAGR of 13.8% in the global RFID Market. Among major regions,
North America RFID tags market was the highest revenue generating market
valued at $1.88 billion in 2016.