Merchandising & Store Ops Friday, October 16, 2026

RFID market grows to $13.46B as retailers adopt item-level tagging

The global RFID market reached $13.46 billion in 2024 and is projected to grow to $29.04 billion by 2033, driven by item-level tagging mandates and applications in self-checkout and inventory management.

The numbers

USD 13.46B Global RFID Retail market size in 2024
USD 29.04B Projected global RFID Retail market size by 2033
8.92 percent CAGR for retail RFID market growth from 2024 to 2033
95 percent Retailers considering RFID a possible solution for retail woes
5 percent Retailers not considering RFID as a solution

Sources

iotforall.com

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