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Omni-channel Retail and the Industrial Internet of Things Will Result in New Growth Potential for RFID Printers
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This research service analyzes the global trends in the radio-frequency identification (RFID) printers market across different industries. Inventory management has been the biggest challenge for retailers for several years. The growing need for real-time tracking is paving the way for an increasing demand for RFID technology across industries, such as retail and manufacturing. Omni-channel retailing is a key trend expected to drive demand for RFID technology in the retail industry. It also provides a revenue breakdown by geography and by product and focuses on the various market dynamics, challenges, Mega Trends, and other factors likely to drive market growth by 2023. The study provides a thorough analysis of the competitive landscape with market shares (only at the global level) and SWOT analysis of top companies. The study, however, does not provide information on unit shipments. This deliverable will provide key market participants with the necessary business intelligence to help them understand the future of the RFID printers market. The study is segmented from a product perspective. The study provides the overall size of the RFID printers market, which includes the different products segments. This assessment includes forecasts, an overview of the competitive structure, competitors’ market share, market trends, and product analysis. The products involved include, • Industrial printers• Desktop printers • Mobile printersThe base year of the study is 2018, with forecasts up to 2023. The current market size for 2018 is provided for each segment and forecast till 2023. The study highlights industry challenges and growth drivers and restraints from 2019 to 2023. Market drivers and restraints have been assessed for their impact throughout the forecast period. It also identifies key opportunities for growth while detailing key challenges and possible threats. It also analyzes the market from a geographic perspective. The regions covered in the study include: • North America• Latin America• EMEA• APACKey issues addressed • Is the market growing; how long will it continue to grow and at what rate? • Which product segment is presenting major growth opportunities? • How will the structure of the market change with time? • Are the current products/services offered meeting customer needs, or is there additional development needed? • Are the vendors in the space ready to be positioned to address the market opportunities alone, or do they need partnerships to take their business to the next level?
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