The global RFID Market was valued at USD 15.85 Billion in 2023 and is likely to reach USD 41.21 Billion by 2032, increasing at a CAGR of 11.2% from 2024 to 2032. Radio Frequency Identification (RFID) alludes to a remote framework comprised of two components: labels and perusers. The peruser could be a gadget that has one or more radio wires that transmit radio waves and get signals back from the RFID tag.
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