Global Smart Locks Market to Reach USD 8.4B by 2035

Future Market Insights (FMI), ranked by Clutch among leading consulting firms, reports that the global smart locks market is projected to grow from USD 2.8 billion in 2025 to approximately USD 8.4 billion by 2035, expanding at a CAGR of 11.6%. The forecast reflects an absolute value increase of USD 5.6 billion and a total growth of 200% over the period, supported by accelerating demand for home automation, expanding Internet of Things (IoT) adoption, and rising security requirements across residential, commercial, and institutional properties.

According to Future Market Insights (FMI), the market is expected to grow by nearly 3.0X by 2035 as property owners and managers increasingly prioritize remote access control, keyless convenience, and stronger visitor management. Growth momentum is being reinforced by wider smartphone penetration, increasing comfort with connected devices, and rapid advancements in biometric and encryption capabilities that make modern smart locks more reliable and security-forward than earlier generations.

FMI analysis indicates the smart locks market will expand in two distinct phases, with the decade's upside weighted toward the later years as advanced access control becomes more embedded across broader property categories.

Smart locks are increasingly positioned as "core infrastructure" for connected properties because they deliver keyless entry, temporary access credentials, real-time monitoring, and audit trails—capabilities that align with modern expectations across homeowners, rental operators, and institutional property managers.

Between 2020 and 2024, the smart locks market experienced significant growth as users recognized the practical value of remote access and visitor control across residential use cases, light commercial applications, vacation rentals, and shared workspace environments. Improvements in wireless protocols, battery optimization, and tamper-alert systems strengthened confidence, while also highlighting the importance of balancing convenience with security integrity.

ID Card Printer Market Expands Amid Rising Demand for Secure Identification Solutions

The global ID card printer market is projected to reach a valuation of US$ 1.2 billion in 2026 and is expected to expand to US$ 2.1 billion by 2033, registering a CAGR of 8.1% during the forecast period from 2026 to 2033. This expansion is driven by increasing demand for secure identity verification, advancements in printing technology, and greater adoption of personalized card solutions. Market dynamics reveal greater integration of retransfer and cloud-based printing systems, plus focus on high-resolution, secure outputs to meet evolving security needs.

The growing global emphasis on secure identity verification and access control is a major growth driver for the ID card printer market. Governments, financial institutions, and educational institutions are deploying card issuance systems to improve security, streamline operations, and enhance compliance. For example, national ID programs and secure employee access initiatives require high-quality printed cards with advanced features such as biometric integration and encrypted data. This rising use of personalized cards in public services and enterprise environments fuels demand for advanced printers capable of high-resolution, durable outputs. Manufacturers are responding with robust printers that support retransfer and direct-to-card technologies, catering to diverse end-use requirements. Across industries, demand for instant issuance systems has grown, particularly in the banking sector where secure financial card issuance and anti-fraud measures are critical. Education and healthcare sectors also accelerate adoption, using ID cards for campus security and patient identification. The need to produce cards with multiple security layers drives investment in advanced features such as holographic overlays and RFID encoding.

Technological innovation is reshaping the ID card printer market, with increased adoption of high-performance retransfer printers and smart personalization systems. These technologies produce higher print quality, greater durability, and stronger security features compared to traditional direct-to-card printers. Manufacturers are integrating cloud connectivity, real-time issuance capabilities, and AI-enabled security checks to address user expectations for efficiency and protection against fraud. As large enterprises and government agencies seek scalable solutions, demand for retransfer and lamination technologies continues to rise. The push toward smarter printing ecosystems includes mobile and cloud-based solutions that allow on-site card issuance with secure access and remote management. This trend appeals to organizations aiming to reduce turnaround times and improve identity management workflows while maintaining high data protection standards.

In July 2025, Zebra Technologies officially announced the end-of-sale for its ZXP Series 7 ID card printers, a long-standing product in its card printer portfolio. This announcement set November 30, 2025 as the final order date for new units, marking the transition away from one of the company's most widely used high-performance card printing models.

Zebra cited component sourcing challenges and evolving IT security requirements as major factors driving the decision to retire the Series 7. While the product will no longer be available for new purchases after the deadline, full support, service, and repair will continue through 2030, ensuring existing customers retain service continuity.

This transition encourages organizations to upgrade to Zebra's newer ZC Series printers (including models like the ZC100, ZC300, and ZC350), which offer enhanced security, modern connectivity (including Wi-Fi on select models), and streamlined operation, aligning with current enterprise identity issuance and network security standards.

This signals a broader market shift in the ID card printer industry where legacy hardware is being phased out in favor of next-generation platforms that meet modern digital identity, connectivity, and security demands. Organizations relying on legacy card printers, particularly in government, corporate access control, and education sectors, should plan procurement and migration strategies now, as supply windows close and replacement models offer improved lifecycle value and future-proof features. The extended support period also means clients can stagger upgrades without immediate disruption to existing issuance operations.

Abbott Label partnering with Avery Dennison

Abbott Label has announced a new collaboration with Avery Dennison aimed at broadening the range of radio-frequency identification (RFID) solutions it can offer to customers across retail, supply chain and logistics sectors.  

Under the agreement, Abbott Label — a specialist label converter — joins Avery Dennison’s AD Link Partner Program, giving it access to the company’s RFID-enabled technologies and support network. This partnership will allow Abbott Label to integrate more advanced RFID products into its portfolio and deliver enhanced tracking, inventory management and smart-label capabilities to brands and distributors.  

The move reflects growing demand in the labeling industry for connected and traceable solutions that can improve efficiency and data visibility throughout the supply chain. By aligning with Avery Dennison’s established RFID ecosystem, Abbott Label is positioning itself to meet this demand and extend its service offerings to customers looking to adopt more sophisticated identification technologies.  

In essence, the partnership strengthens Abbott Label’s technical capabilities while expanding the reach of Avery Dennison’s RFID platform within the converter community.  

Scientists snap a GPS collar on one of the nation’s rarest mammals

The Sierra Nevada red fox — sleek, striking and astonishingly rare — ranks among the most endangered mammals in the United States. Scientists believe fewer than 50 remain in the Sierra Nevada, making the recent GPS-collaring of one individual a landmark moment for conservationists striving to save the species.

This marks the first time a Sierra Nevada red fox has been successfully captured, fitted with a tracking collar and released back into its alpine habitat. The achievement follows more than a decade of painstaking research and years of intensive trapping efforts.

The fox’s presence in the Sierra was only confirmed as recently as 2010, when a remote camera north of Yosemite National Park captured an image of the animal and its distinctive white-tipped tail. Before that, researchers had assumed the species disappeared from the region nearly a century ago, likely by the 1920s.

Since that rediscovery, wildlife biologists have relied on motion-triggered cameras and scat surveys to piece together the fox’s movements in the southern Sierra. Over the past three years, those efforts escalated into focused attempts to humanely trap the animal — a task made exceptionally difficult by the fox’s intelligence, speed and wariness of people.

The few remaining foxes inhabit some of California’s harshest terrain: barren, high-elevation landscapes marked by deep snow and rugged mountains. Their elusive nature and remote habitat have kept them largely out of human sight.

That changed in January, when biologists from the California Department of Fish and Wildlife successfully captured a fox near Mammoth Lakes. After fitting it with a GPS collar, they released it back into the wild. Images shared by the department show the silvery-gray fox sprinting across snow-covered ground beneath sunlit alpine peaks.

Julia Lawson, an environmental scientist with the department, called the moment a major breakthrough. In a statement, she said the data gathered from the collared fox will be critical for understanding how the species lives and moves — knowledge that could shape long-term recovery plans.

The GPS device will allow researchers to track the fox’s daily activity and seasonal migrations, providing insights that were previously impossible to obtain.

Creativity Strategist Natalie Nixon To Keynote GS1 Connect 2026

Natalie Nixon, PhD, award-winning author and creativity strategist, will serve as a keynote speaker at GS1 Connect, the live three-day event taking place June 9–11, 2026, at The Cosmopolitan of Las Vegas in Nevada. The annual conference will convene supply chain, technology and e-commerce professionals to exchange ideas and best practices for improving supply chain visibility, efficiency and transparency using GS1 Standards.

Dr. Nixon is an award-winning author of multiple books, including her latest "Move. Think. Rest.," which helps organizations unlock breakthrough innovation by connecting imagination, inquiry and intuition with practical business results. During her keynote titled "The New 'I' in AI: Unleashing Human Creativity as Your Competitive Advantage in the Imagination Era," she will explore how human creativity and emerging technologies intersect to help leaders and teams navigate change, adapt to uncertainty and build more future-ready organizations.

"Supply chains are at a pivotal moment, with data-driven collaboration and interoperability becoming essential to how organizations operate and compete," said Bob Carpenter, president and CEO, GS1 US. "GS1 Connect 2026 brings together leaders who are navigating constant change, and Dr. Nixon's keynote reflects the kind of thinking many organizations need right now – new ways to approach complexity, adapt more quickly and make better decisions in an increasingly dynamic environment."

In addition to the keynote presentation, GS1 Connect 2026 will offer immersive experiences featuring:

    Industry sessions that explore supply chain trends, AI and innovation across sectors using GS1 Standards
    Insights on preparing for regulatory requirements, including the U.S. Food and Drug Administration Food Safety Modernization Act Traceability Rule (FSMA Rule 204), the Drug Supply Chain Security Act (DSCSA), National Drug Code (NDC) format changes, Supplemental Nutrition Assistance Program (SNAP) waivers and Extended Producer Responsibility (EPR)
    Hands-on demonstrations and an expanded Beyond the Barcode exhibit focused on next-generation advanced data carriers including two-dimensional (2D) barcodes and the use of GS1 Digital Link
    Sessions on achieving end-to-end supply chain visibility with standardized data
    Trading Partner Roundtables to drive collaboration across shared supply chains
    Standards and technology tracks featuring case studies and real-world applications of GS1 Standards
    How to Do Business With … Sessions to strengthen collaboration within the trading partner community

New Bill Aims to Speed Up IRS Processing by Bringing Barcode Tech to Paper Tax Returns

As the 2026 tax season approaches, lawmakers are renewing efforts to address longstanding frustrations with slow IRS processing of paper tax returns — a problem that delays refunds for many taxpayers. One proposed solution is the Barcode Automation for Revenue Collection to Organize Disbursement and Enhance (BARCODE) Efficiency Act, which has been advancing through Congress.  

The BARCODE Efficiency Act would require that federal tax returns, even when printed and mailed in paper form, include a scannable barcode if they were prepared electronically. This barcode could be read by machines at the IRS to immediately convert the form into a digital record, eliminating the need for manual data entry into IRS systems. For tax returns and other documents prepared completely on paper, the IRS would be required to use optical character recognition (OCR) or similar scanning technology to digitize the information.  

Currently, when paper returns arrive at the IRS, employees often transcribe the information by hand — a slower process that contributes to backlogs, longer wait times for refunds, and increased risk of errors. Supporters of the bill argue that adopting widely used technologies such as barcodes and OCR, already common in the private sector and some state tax systems, would modernize IRS operations and make processing faster and more accurate without raising taxes or expanding IRS authority.  

The House Ways and Means Committee recently approved the legislation unanimously, signaling bipartisan support for the modernization effort. Committee leaders emphasized that taxpayers who choose to file on paper should not be penalized with slower service when technology exists to speed processing. 

To ensure the new approach actually improves efficiency, the bill would require the Treasury Department to report back to Congress if barcode scanning or OCR turns out to be slower or less reliable than current methods. The law also phases in requirements over time for different kinds of returns to give the IRS a practical timeline to implement the changes.  

Environmental Monitoring Market worth $21.14 billion by 2030

According to MarketsandMarkets, the Environmental Monitoring Market is projected to grow from about USD 16.10 billion in 2025 to USD 21.14 billion by 2030, at a CAGR of 5.6%.

Technology providers are transitioning from traditional, periodic sampling methods to intelligent, digitally controlled environmental monitoring platforms. Modern solutions increasingly integrate IoT-enabled sensors, AI-driven analytics, and cloud-based data management to deliver real-time environmental insights. Digital twin technology further enhances system capabilities by enabling predictive modeling of environmental changes, supporting proactive decision-making, and reducing response times. In addition, advances in solid-state sensor design and modular system architectures enable scalable deployments across diverse environments, from densely populated urban centers to remote industrial and offshore locations. By embedding intelligent diagnostics, remote monitoring, and predictive maintenance capabilities, environmental monitoring solutions improve operational efficiency, enhance regulatory compliance, and support long-term environmental sustainability initiatives.

The environmental monitoring market is segmented into indoor monitors, outdoor monitors, sensors, wearables, and software, with outdoor monitors further classified into fixed and portable systems. The outdoor monitors segment is expected to register significant growth, driven by the integration of Internet of Things (IoT) and wireless connectivity solutions. These systems are increasingly used for real-time monitoring of particulate matter (PM2.5 and PM10), volatile organic compounds (VOCs), and greenhouse gases. Market growth is primarily supported by rising industrial demand for pollution monitoring, increasingly stringent environmental regulations, expansion of the end-user base for fixed outdoor monitors, and increased government funding for large-scale environmental monitoring initiatives.

The environmental monitoring market is segmented into government agencies & smart city authorities, enterprises, commercial users, residential users, healthcare & pharmaceutical industries, industrial users, and other end users. The industrial user's segment is likely to account for the largest share of the environmental monitoring market in 2025, driven by the growing number of power plants and refineries and by urbanization in emerging economies. Governments worldwide are tightening environmental regulations related to air and water quality, pushing industries to adopt monitoring systems to track pollutants, manage waste, and reduce their environmental footprint. Industrial users are investing in both stationary and portable monitoring systems to meet environmental standards and avoid legal or financial penalties.

Multi-Sensor Edge-to-Cloud MatrixSpace AI Software Platform

Building on its portable AI-sensing radar for counter UAS, MatrixSpace announces a major update to its edge-to-cloud MatrixSpace AI Software Platform.

The platform now supports multi-sensor, multi-drone detection in real time for counter UAS applications. It delivers true threat assessment and early warning – detecting, tracking and identifying – to empower on-site and remote operators to make split-second decisions regarding airspace activity. The platform is sensor agnostic and easily integrated into existing systems through open APIs.

This dramatically improves assessing risk from small, low-flying drones in complex airspace, such as public events, critical infrastructure, and battlespaces.

The MatrixSpace AI Platform consists of MatrixSpace AiEdge, the company's intelligent sensor operating system, and MatrixSpace AiCloud, a software-as-a-service that collects data from AiEdge-enabled sensors for a unified view of airspace activity. Unlike other offerings retrofitted for AI, MatrixSpace AiEdge and AiCloud are AI-native, making information rapidly actionable and easier to comprehend.

MatrixSpace AiEdge, embedded in every MatrixSpace system, provides actionable intelligence at the point of sensor data collection. It detects, classifies and tracks multiple object types, removing "clutter" to present a relevant picture of aerial activities, while fusing feeds from different sensors.

AiEdge fuses detections from MatrixSpace radars with complementary sensors such as Remote ID and ADS-B into a single, real-time track. By correlating multi-sensor data at the edge, AiEdge creates a common data representation and cues PTZ (pan-tilt-zoom) cameras for rapid visual confirmation, passing high-confidence tracks to the cloud for enterprise-level analysis.

Sitting above distributed AiEdge deployments, MatrixSpace AiCloud simplifies the management of geographically diverse sensor networks into a single, unified view. Instead of a bank of monitors displaying individual sensor feeds, AiCloud provides operators with clear visibility into low-airspace activity, alerts, and warnings across all protected sites—accessible on any device.

MatrixSpace AiCloud combines fused, real-time data from radar, optical, ADS-B, and Remote ID sensors to deliver consistent object tracking and actionable threat intelligence at scale. Within AiCloud, whitelisting and threat classification determine whether objects are friendly, unknown, or hostile, enabling fast, coordinated operator response. Local sensors continue operating autonomously when cloud connectivity is disrupted, with all activity synchronized for review once connectivity is restored.

RFID Smart Cabinets Market Outlook Driven by Automation, Inventory Accuracy, and Asset Security

RFID Smart Cabinets Market reached US$ 935.53 Million in 2023 and is expected to reach US$ 2,081.23 Million by 2033, growing at a CAGR of 10.2% during the forecast period 2024-2033.

The RFID Smart Cabinets Market is experiencing strong growth as organizations across industries adopt advanced asset tracking, inventory control, and secure storage solutions. RFID (Radio Frequency Identification) smart cabinets combine RFID readers, intelligent locking mechanisms, and software platforms to provide real-time visibility and control over tools, equipment, medical supplies, and high-value assets. These systems are increasingly critical in manufacturing, healthcare, aerospace & defense, utilities, IT & telecommunications, and retail sectors.

As businesses pursue digital transformation initiatives, RFID smart cabinets help optimize workflows, reduce losses and shrinkage, ensure compliance, and support safer operational environments.

RFID smart cabinets automate tracking of assets and eliminate manual audits. With real-time data on item locations and usage histories, organizations can reduce discrepancies, minimize stockouts, and improve planning. This is particularly valuable for high-value items like surgical instruments, tools, and sensitive equipment.

In sectors such as manufacturing and maintenance, RFID smart cabinets help optimize tool dispensing and returns, minimizing downtime and labor costs. Automatic logging of item check-in/check-out simplifies audits and reduces administrative burden.

UPS expands RFID labeling at The UPS Store to improve visibility and efficiency

UPS is scaling up its use of RFID technology by offering RFID labels at all 5,500 The UPS Store locations across the United States. Customers dropping off packages can now have them tagged with RFID labels, enabling greater shipment visibility throughout the delivery process and reducing errors, according to CEO Carol Tomé during a recent earnings call.

Currently, UPS Store locations process about 1.3 million RFID-enabled packages each day. Applying RFID tags at the point of drop-off allows customers to track shipments more accurately from pickup through delivery, a level of transparency many shippers are increasingly demanding. UPS said the added data also helps attract and retain business customers.

UPS has also installed RFID readers across its U.S. delivery vehicle fleet, allowing trucks to automatically detect tagged packages without manual scanning. This improves routing accuracy, speeds up handling and reduces operational friction throughout the network.

The initiative is part of UPS’ broader “Smart Package, Smart Facility” strategy, which focuses on automation and digital transformation. RFID supports two core goals: providing customers with better shipment insights and improving internal efficiency by reducing manual labor and increasing automated processing.

About 66% of UPS’ package car fleet is now equipped with RFID technology. The company estimates this has already eliminated roughly 12 million manual scans per day in 2024. As shipping volumes from large customers such as Amazon decline, UPS continues to optimize its network by investing in automation and modernized facilities to operate more efficiently.

SuperCom Secures Third Electronic Monitoring Project in Wisconsin

SuperCom announced the expansion of its electronic monitoring footprint into an additional county in Wisconsin. This latest win marks SuperCom's third project in the state, underscoring the company's ability to scale rapidly following initial deployments.

The new project is being launched through SuperCom's Midwest regional service provider partnership established earlier in 2025. Since entering Wisconsin in September 2025, SuperCom has steadily spread its presence in the state through follow-on county deployments and expanded program adoption, including a second county deployment in January 2026 and a third deployment now.

Under the newly launched project, SuperCom will deploy its PureOne and PureShield solutions to support both GPS tracking and domestic violence (DV) monitoring. The deployment is being implemented through SuperCom's established regional service provider partnership, under which SuperCom's technology was selected following an evaluation process in which its solutions were assessed against incumbent technologies. The project will support GPS tracking programs transitioning away from legacy technology while also enabling a new domestic violence monitoring initiative.

AWT Labels & Packaging Strengthens RFID Expertise to Better Serve Customers

AWT Labels & Packaging Inc. is expanding its radio-frequency identification (RFID) capabilities to enhance service offerings across its key markets, including healthcare, engineered solutions, and consumer goods. 

As part of this effort, AWT has broadened its technical depth and production skills in RFID technology — an increasingly important tool for tracking, visibility, and data capture throughout the supply chain. This expansion enables the company to transform traditional labels into intelligent data carriers that boost operational efficiency, traceability, and confidence from manufacturing through final delivery. 

By strengthening its RFID offerings, AWT aims to support existing customers more effectively and attract new business by integrating smart labeling solutions into a wider range of applications. These solutions help brands improve inventory management, product security, and compliance with emerging tracking requirements. 

Geoforce Acquires AssetLink Global to Expand Leadership in Rugged and Reliable Asset Tracking and Intelligence

Geoforce has acquired AssetLink Global, an industry leader in remote monitoring systems and next-generation IoT services specializing in military & defense and other field-centric industries such as rail, cold chain, tank level, and maritime vessel monitoring systems.

The acquisition expands Geoforce's technical capabilities and industry coverage—particularly in secure satellite communications, intelligent sensor integrations, and defense-grade deployments—while reinforcing the company's mission to deliver reliable, real-time asset intelligence in the most hazardous and remote operating environments.

AssetLink Global was an early pioneer in the secure and affordable use of global satellite networks for asset visibility, offering advanced sensor integration capabilities—including door open/close, pressure, temperature, load, fluid level, and other condition-based sensors—that combined with advanced edge intelligence amplify Geoforce's modern, asset-first software platform.

AssetLink Global adds depth and expertise in broad military & defense use cases as well as rail, maritime, oil & gas and transportation. Its solutions support logistics tracking, military logistics, unattended sensor monitoring, offshore vessel supply operations, and tank-level and other condition-based monitoring use cases.

Geoforce's indestructible tracking devices and modern, intuitive, and robust SaaS fleet management platform support construction, equipment rental, mining, oil & gas, and rail operations by enabling efficient asset location and retrieval, rental invoice auditing, service delivery verification, inspection compliance, and equipment maintenance alerts. Together, the combined company will continue to innovate in support of the most demanding operations in the harshest environments.

IotaComm Unveils 800 MHz LoRaWAN Reference Design, Launches Environmental Sensor as First Commercial Device on Licensed Spectrum Platform

IotaComm, a digital infrastructure company powering Physical Artificial Intelligence (Physical AI) for smart buildings and smart cities, announced its 800 MHz LoRaWAN Reference Design, a complete hardware, software, and modem architecture purpose-built for developing devices that operate on FCC-licensed spectrum. Alongside the reference design launch, IotaComm announced that its Environmental Sensor, the first commercial device built on this platform, has received Federal Communications Commission (FCC) equipment authorization, validating the reference design's readiness for commercial-scale deployment.

The 800 MHz Reference Design provides device manufacturers, system integrators, and enterprise developers with a proven foundation for building LoRaWAN products that leverage IotaComm's FCC-licensed 800 MHz spectrum holdings (authorized under FCC Part 90 for 809.0–817.0 MHz operation). The reference design encompasses certified modem hardware, embedded software stack, and integration documentation, reducing the engineering lift required to bring licensed-spectrum LPWAN devices to market.

Until now, LoRaWAN device development has centered almost exclusively on unlicensed ISM-band operation. While the 915 MHz ISM band offers broad ecosystem alignment and deployment flexibility, critical infrastructure and industrial applications increasingly require the managed-spectrum characteristics that licensed operation provides: predictable interference profiles, coordinated coverage planning, and the operational certainty that comes with exclusive spectrum rights.

The 800 MHz Reference Design addresses this gap by giving the ecosystem a standardized path to licensed-spectrum device development, without sacrificing LoRaWAN interoperability or requiring proprietary approaches.

IotaComm's 800 MHz Environmental Sensor is the inaugural device built on the 800 MHz Reference Design and carries Federal Communications Commission (FCC) equipment authorization for commercial deployment. It provides continuous environmental monitoring over IotaComm's 800 MHz licensed LoRaWAN® network, collecting and transmitting real-time data on temperature, relative humidity, barometric pressure, and total volatile organic compounds (TVOCs). Its gas sensor detects and estimates key volatile organic compounds (VOCs), including ethane, isoprene (2-methyl-1,3-butadiene), ethanol, acetone, and carbon monoxide, supporting deployments across smart buildings and other indoor monitoring environments.

The Environmental Sensor's FCC authorization serves as both a product milestone and a proof point for the reference design itself, demonstrating that devices built on this architecture can achieve regulatory approval and move from prototype to production deployment.

Impinj shares plunge over 30% after weak Q1 outlook

Shares of Impinj, a Seattle-based maker of RFID technology, fell more than 30% after the company issued a much weaker-than-expected forecast for the first quarter of 2026, rattling investors.

The company reported fourth-quarter revenue of $92.8 million, slightly higher than a year earlier and broadly in line with expectations. Earnings came in at $0.50 per share, just below analyst forecasts.

For the first quarter, however, Impinj expects revenue of only $71 million to $74 million, well below Wall Street estimates of nearly $90 million. Projected earnings per share are also modest, ranging from $0.08 to $0.13.

According to the company, the soft outlook reflects short-term headwinds, including inventory reductions by retailers, weaker demand from apparel customers, and shifts in customer ordering patterns. These factors are weighing on near-term sales, despite longer-term confidence in RFID adoption.

RFID Market worth $30.47 billion by 2034

According to MarketsandMarkets, the RFID Market is expected to grow from USD 14.58 billion in 2025 to USD 30.47 billion by 2034, at a CAGR of 8.5%.

The RFID market is witnessing steady growth driven by increasing adoption of automated identification, real-time tracking, and data-driven operations across retail, logistics, manufacturing, and healthcare. Rising deployment of RFID tags, readers, and software platforms, along with growing integration with IoT and enterprise systems, is reshaping operational visibility and efficiency globally.

Key drivers for the RFID market include the growing need for real-time visibility, accurate data capture, and operational efficiency across supply chains and enterprise operations. RFID solutions, including tags, readers, antennas, and software platforms, enable automated identification and tracking of assets and inventory. Rising adoption of item-level tagging, warehouse automation, and omnichannel retail is accelerating deployment. Increasing use of RFID in healthcare and manufacturing supports asset utilization, compliance, and workflow optimization. Advancements in UHF RFID performance, tag miniaturization, and reader sensitivity improve reliability in complex environments. In addition, integration of RFID with IoT platforms, cloud analytics, and AI-driven insights is strengthening market growth and expanding advanced deployment scenarios.

The RFID tags segment is projected to witness the fastest growth, driven by expanding deployment volumes across retail, transportation, logistics & warehousing, industrial & manufacturing, medical, healthcare & pharmaceutical, and animal tracking industries. Rising adoption of item-level tagging in retail is a primary growth driver, as enterprises seek higher inventory accuracy, faster stock reconciliation, and improved omnichannel fulfillment. Logistics and warehouse operators are increasing tag usage to support real-time asset tracking, shipment visibility, and process automation. Growth is further supported by declining tag costs, improved manufacturing yields, and large-scale sourcing by global retailers and brand owners. Advancements in UHF RFID inlays, antenna design, and chip sensitivity are improving read performance in dense and high-speed environments. The increasing use of specialized tags, including sensor-enabled, on-metal, and rugged tags, is expanding adoption in inventory & asset management, security & access control, contactless payments, and ticketing applications. In addition, regulatory requirements for traceability and product authentication are accelerating tag demand in pharmaceuticals, food, and government programs. As RFID deployments scale from pilots to enterprise-wide rollouts, the tags segment continues to drive volume growth and market expansion.

Retail represents the largest end use segment for RFID adoption due to sustained investment in item-level tagging, inventory visibility, and omnichannel operations. Large apparel, footwear, and general merchandise retailers deploy RFID to improve stock accuracy, reduce shrinkage, and support real-time inventory management across stores and distribution centers. RFID enables faster cycle counts, improved shelf availability, and more accurate order fulfillment for online and in-store channels. The segment benefits from the large-scale rollout of UHF RFID tags, fixed readers, handheld readers, and RFID-enabled software platforms. Integration of RFID data with enterprise resource planning, warehouse management, and analytics systems enhances demand forecasting and replenishment decisions. Retailers also use RFID to support loss prevention, returns management, and store-level process automation. Declining tag costs and standardized global UHF protocols support broader adoption beyond apparel into grocery, electronics, and specialty retail. In addition, RFID supports emerging retail requirements such as checkout-free stores, smart fitting rooms, and personalized shopping experiences. These factors collectively reinforce retail's leading share within the RFID market.

Asia Pacific represents the largest RFID industry due to its strong manufacturing base, large retail footprint, and expanding logistics and supply chain networks. Countries such as China, Japan, South Korea, and India are witnessing rising adoption of RFID across retail, industrial & manufacturing, automotive, medical, healthcare & pharmaceutical, and transportation, logistics & warehousing sectors. High-volume production of consumer goods and electronics supports large-scale deployment of RFID tags, inlays, and readers. The region benefits from the presence of major RFID component manufacturers, tag converters, and system integrators, enabling cost-effective and scalable deployments. Retailers in Asia Pacific increasingly adopt item-level tagging to improve inventory accuracy and support omnichannel fulfillment. Logistics providers use RFID for warehouse automation, shipment tracking, and asset visibility. Government initiatives promoting digitalization, smart manufacturing, and supply chain transparency further support adoption. Growing use of RFID in healthcare, food safety, and public transportation also contributes to market expansion. Combined with declining tag costs and improving infrastructure, these factors position Asia Pacific as the leading regional contributor to the global RFID market.

SAG Unveils LiquidMate O: A Breakthrough UHF RFID Tagging Solution for Item-Level Traceability of Liquid-Filled Injectable Medications

SAG AG announced LiquidMate O, its debut UHF RFID label and a category-defining advancement in pharmaceutical RFID and item-level traceability. Built on an innovative, patent-pending antenna architecture, LiquidMate O delivers reliable direct-on-vial RFID tagging for liquid-filled injectable medications, an application long considered one of the most technically challenging in RFID deployment. Ineffective tracking of injectable drugs continues to drive substantial losses through expired inventory, misplaced medications, and regulatory exposure—particularly for high-value or critical products. As enforcement of the U.S. Drug Supply Chain Security Act (DSCSA) accelerates, dependable, high-accuracy RFID-based medication tracking has become essential to both pharmaceutical manufacturing and hospital operations.

LiquidMate O is purpose-built to enable scalable, item-level tracking across a broad range of injectable liquid categories that have historically constrained direct-on-vial RFID adoption. Its performance has been independently validated through AXIA Lab–defined test scenarios, using representative liquid formulations and workflow conditions aligned with real clinical practice.

While demand for item-level traceability continues to rise, existing RFID approaches have struggled to balance RF performance, scalability, and operational integration. Conventional direct-on-vial solutions often suffer from inconsistent performance on liquid-filled injectables due to dielectric effects, while flag-style labels, although RF-robust, pose handling, automation, and scalability challenges that limit broader adoption. LiquidMate O eliminates this trade-off by delivering a true direct-on-vial RFID solution with consistent performance across diverse injectable formulations. This enables streamlined labeling operations and improved workflow efficiency from manufacturing through point-of-care. By reducing manual scanning steps and minimizing SKU proliferation, LiquidMate O supports real-time inventory visibility, accurate dispensing, and enhanced patient safety without disrupting existing packaging lines.

Following extensive engineering development and independent validation, LiquidMate O is now qualified for commercial deployment. Built on SAG's deep expertise in RFID antenna design, materials science, and healthcare workflow integration, the solution is engineered to meet the stringent performance, regulatory, and scalability requirements of pharmaceutical environments. SAG is initiating structured technical engagements to support evaluation and deployment planning for next-generation item-level traceability initiatives.

GS1’s Updated RFID Standard Brings Supply

GS1 has released a new version of its RFID Tag Data Standard (TDS 2.3) that makes it easier for RFID tags used in supply chains to link directly to authoritative digital information. Previously, most tags only carried an identifier that systems had to reconcile before data could be accessed. With the new update, RFID tags can include a web-resolvable domain name and identifier, so scanning a tag can immediately point to a URL with live details about a specific item, pallet, case, or logistics unit.  

Technically, TDS 2.3 adds new ways to encode Electronic Product Codes (EPCs) that embed domain details right on the tag. This means systems don’t need custom look-up tables or fragile integrations to find the right source of truth — the RFID readout can take you straight to a live data endpoint hosted on a cloud service, enterprise platform, supplier system, or other web resource.  

In practice, this change improves visibility and data sharing across multi-party supply chains by removing ambiguity over where information lives. Logistics units like pallets or containers can essentially “call home,” so partners can fetch real-time data without extensive middleware. That clarity speeds up exception handling, handoffs between systems such as TMS, WMS, and ERP, and helps companies make better use of RFID data they already collect.  

The enhanced standard also makes it easier to trace goods in cases of theft or loss, because serialized RFID tags can resolve directly to a trusted source that shows origin and ownership. Though not a cure for cargo theft, it lowers the cost and complexity of recovery and helps with transparency.  

By enabling tags to link directly to web data without requiring new hardware, TDS 2.3 also helps smaller firms adopt advanced tracking capabilities without costly system overhauls. It essentially bridges the physical and digital worlds in supply chain tracking, making RFID data web-native and more actionable for a range of industries.  

Amazon's new portable Just Walk Out lanes bring checkout-free shopping to pop-up venues

Amazon has introduced a new, portable version of its Just Walk Out checkout technology that uses RFID (radio-frequency identification) tags to eliminate lines at events, temporary stores, and other pop-up venues. These lanes can now be set up in hours instead of weeks, making them much easier to deploy in places like festivals, concerts, or special retail sites.  

Each item is equipped with a unique RFID tag that the system reads as you walk through a lane. In-lane screens show what’s in your cart and the total cost while you go. Motorized gates open and close automatically to keep traffic flowing smoothly. The lanes also use dynamic pre-authorization, so you can see your charges before checkout.

Just Walk Out technology—whether using RFID or computer vision—is now active in over 360 locations across five countries. This includes stadiums, hospitals, and other high-traffic venues. Amazon says the system processed millions of transactions and shopping sessions in the past year alone.  

ANELLO Photonics Awarded $20M in Department of War APFIT Funding to Accelerate GPS-Denied Navigation

ANELLO Photonics, the creator of the Silicon Photonics Optical Gyroscope (SiPhOG), has been selected by the Department of War (DoW) for a $20 million award under the Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program. The award will fast-track the procurement, production, and scaling of ANELLO's GPS-denied navigation technology.

The APFIT program, established in FY2022 by the Office of the Under Secretary of War for Research & Engineering (OUSW(R&E)), is designed to transition mature, mission-ready technologies into production and fielding at scale. ANELLO's selection underscores the growing operational need for navigation solutions that can operate reliably in GPS contested and/or degraded environments. ANELLO's FY 2026 APFIT selection builds on a strong track record of defense wins, including U.S. Navy Phase I and U.S. Army Phase II SBIR awards as well as other design wins validating its GPS-denied navigation technology across contested and mission-critical environments.

ANELLO Photonics is a technology company based in Santa Clara, CA. The company has developed the ANELLO SiPhOG™ – Silicon Photonics Optical Gyroscope – based on integrated photonic system-on-chip technology. ANELLO's technology portfolio spans over 40 issued patents, over 44 pending patents, and also includes an AI-based sensor fusion engine. 

OmniTaaS recognized as 'Emerging Leader' in MarketsandMarkets' latest 360Quadrant for the RFID Market MarketsandMarkets Logo

OmniTaaS, a company specializing in RFID technology for real-time asset tracking, comprehensive supply chain traceability, and manufacturing collaboration solutions, has been recognized as an 'Emerging Leader' in the RFID sector on the MarketsandMarkets' 360Quadrants platform.

The company has reinforced its position in the intelligent IIoT-enabled digital twin domain, advancing operational intelligence through its Premise-on-Cloud architecture and mobile RFID and job tracking services, delivering secure, unobtrusive shop-floor monitoring even in highly intricate operational settings. Its Tracking-as-a-Service (TaaS) offering streamlines deployment, accelerates digital transformation initiatives, enhances productivity, and delivers an optimal return on investment for enterprises globally.

The company has successfully deployed advanced RFID solutions across industries, including manufacturing, logistics, healthcare, and retail, delivering real-time visibility, end-to-end traceability, and operational automation. These deployments enable enterprises to reduce manual errors, optimize workflows to significantly improve asset utilization, performance and operational efficiencies.

OmniTaaS's Premise-on-Cloud architecture seamlessly integrates and extends existing MRP, WMS, and Asset Management systems, with scalable, and secure, real-time tracking solutions.

Mobile and visual tracking tools, such as TaaS-MobileView and TaaS-MapView, enable visual shop-floor monitoring, alerts and task management. TaaS has enabled enterprises to adopt RFID in operations with lower upfront investment, faster deployment times, with accurate and predictable return on investment. AI-driven analytics transform RFID data into actionable insights and smarter decision-intelligence, operational efficiency, and cost reductions. Supporting both RFID and barcode technologies, the company ensures interoperability across diverse industries and legacy systems, making digital transformation accessible and scalable. With strategic partnerships and a global presence spanning Dallas, Texas, and Bengaluru, India, OmniTaaS continues to deliver end-to-end, innovative solutions worldwide.