RFID Tags Market revenue will reach $13.65 billion by 2024, says Esti RFID Tags Market Forecast and Industry Analysis Re | Page 6

By form factor, RFID label segment leads the market by
holding nearly 44% of the global RFID market.
Printing plays a key role in RFID applications, such as labels, and as
demand grows for more RFID tags and labels, printing could have a
greater role. The key potential applications for RFID smart labels were
seen as being primarily in retail, media management (books, CDs,
videos, documents, etc.), fashion/apparel, airline-baggage handling and
the pharmaceutical sector. Today, key market applications achieving the
best levels of growth can be found in the fields of asset tracking, cargo
tracking and security, supply-chain management (pallet, case, item) and
especially identification (travel) documents.