Global RFID Market to Exceed $19 Billion in 2026, China as Core Growth Engine
According to the latest industry data, the global RFID market is expected to reach $19 billion in 2026 and exceed $30 billion by 2030, with an annual growth rate of 8%–12%. As the world’s largest application market, China’s RFID scale is projected to surpass 68 billion RMB in 2026, growing by over 18%. With easing chip shortages and falling tag costs, RFID is rapidly penetrating retail, logistics and industrial manufacturing, bringing broad opportunities for smart card and electronic label