Printed and Chipless RFID Market share in Retail Sector accounts for over 29% of the global share

Rising breakthroughs in nanotechnology, conductive inks, and printed electronics are predicted to reduce the cost of tags. Tangible advantages accrued due to the use of printed & chipless RFID technology in stock & inventory control are predicted to benefit the printed and chipless RFID market over the coming years.

This will further boost the acceptance of this technology in manufacturing, transport & logistics, and retail industries. Growing requirement to inhibit the growth of counterfeit drug ecosystem industry is expected to encourage the acceptance of printed & Chipless RFID technology in the pharmaceutical industry.