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RFID Market - Economic Conditions, Acquisitions, Mergers, Developments and Forecast By 2028

  The  global radio frequency identification (RFID) market  is estimated to be valued at   $21,361.9 million by 2027 , surging from   $9,966.4 million in 2019   at a noteworthy   CAGR of 9.9%. Impact Analysis of COVID-19 on the  RFID Market The global market for RFID market is estimated to experience significant market growth in the COVID-19 pandemic. The pandemic has weakened most of the sectors and impacted many markets. Government bodies across the world have taken numerous steps to monitor the contaminated areas and curb the spread of the virus. At this time, RFID played an important role as it was used in healthcare sector for various purposes like tracking and identification of samples. Many key companies along with collaboration of the government took multiple steps with the help of RFID technology to digitally verify and authenticate the COVID-19 test and PPE kits with the help of RFID tags. Recover from the impact of the pandemic_Research Dive Insights. Click to Connect with o