Rising need for RFID systems in manufacturing units for improving productivity is a significant factor driving the global Radio Frequency Identification (RFID) market revenue growth

Market Size – USD 908.90 Million in 2022, Market Growth – at a CAGR of 5.2 %, Market Trends –Rapid procurement of monochloroacetic acid owing to sustainability awareness and government regulations over usages of organic compounds in agriculture

Rising demand for wearable devices to tracking and monitoring health vitals and rapid advancements made in sensors are some key factors driving market revenue growth