RFID Printer Market Leading Growth Drivers, Emerging Audience | Impact of COVID-19
RFID Printer Market Research Report- Forecast till 2023 Market Highlights The global RFID printer market size is poised to reach USD 4.82 billion by 2023, according to MRFR. It is driven by the need for labels for identification of objects. Its application in inventory and warehouse management is expected to bolster market demand exponentially. Adoption of RFID tags in manufacturing, logistics, healthcare, and transportation is likely to result in the market expanding at 4.90% CAGR from 2017 to 2023 (forecast period). Market Dynamics The growing demand for electronic printing and ink technology is mainly driving the Global RFID Printer Market . Key manufacturers of RFID technology are printing cheap tags as needed by end-users, thus providing a significant boost to the market. These are some of the factors predicted to help growth in the RFID printer market in the near future. In addition, the industry for RFID printers has shown promising growth with the launch of RFID laser printi