Wide Area RFID Systems Market Valuation Expected to Hit USD 9.2 billion

The global Wide Area Rfid Systems market in the Information Technology and Telecom category is projected to reach USD 9.2 billion by 2031, growing at a CAGR of 9% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 4.5 billion in 2024, highlighting strong growth potential throughout the forecast period.

The wide area RFID systems market is expected to grow substantially by 2031, driven by the increasing demand for real-time asset tracking, inventory management, and enhanced supply chain visibility. These systems enable long-range identification and monitoring of tagged items across large geographic areas, making them ideal for logistics, transportation, manufacturing, and defense applications. Businesses are adopting wide area RFID to improve operational efficiency, reduce manual errors, and ensure timely data capture without human intervention. Advancements in RFID technology, including improved tag sensitivity, energy efficiency, and integration with IoT platforms, are further enhancing the capabilities and scalability of these systems.

By 2031, the market is projected to see significant growth across regions with strong industrial and logistical infrastructures. North America is likely to maintain a leading position due to early adoption and robust investment in automation technologies, while Asia-Pacific is expected to emerge as the fastest-growing region fueled by rapid industrialization and digital transformation initiatives. Key market players are focusing on developing customizable, cost-effective solutions with improved range and data accuracy.