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South & Central America RFID Market Forecast to 2030 - Regional Analysis By Type (Active and Passive), Frequency Band (Low Frequency, High Frequency, and Ultrahigh Frequency), End User (Public Sector, Healthcare, Education, Sports & Recreation, Hospitality, Residential, BFSI, Manufacturing, Telecommunications, and Others), Product (Cards, Key FOB, Smartphones, Band, and Others), Offering (Tags, Readers, and Software & Services), Application (Parcel & Mailboxes, Lockers, Ticketing, and Others)

September 2023 | 153 pages | ID: S5785D4BF39FEN
The Insight Partners

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The South & Central America RFID market is expected to grow from US$ 573.30 million in 2023 to US$ 1,002.73 million by 2030. It is estimated to grow at a CAGR of 8.3% from 2023 to 2030.

Rising Deployment of RFID Technology Fuels South & Central America RFID Market

RFID technologies are used for various applications in many industries such as food, airline, and blockchain, due to technological advancements and rising awareness regarding their benefits. For instance, RFID tags can be attached to food products to track their movement throughout the supply chain. It helps improve inventory management, prevent food spoilage, and ensure food safety.

Additionally, in April 2021, Stora Enso launched its 'world-first' recyclable RFID tag for microwave-safe use. The Eco Meal RFID tag is designed for item-level ready to eat meal tagging and tracking. Such application and product development propel RFID technology adoption in food industries.

In the airline industry, RFID tags can provide accurate information about the location and status of emergency equipment, aircraft systems, and passengers. It can help to improve decision-making during an emergency. Additionally, RFID can help airport authorities improve baggage handling by automating many manual processes, such as checking in bags, loading bags onto airplanes, and unloading bags from airplanes. It can help reduce the wait times for passengers in baggage handling. The benefits of the technology propel the adoption of RFID technologies in airline industries.

South & Central America RFID Market Overview

The South & Central America RFID market is further segmented into Brazil, Argentina, and the Rest of South & Central America. RFID tags can be attached to individual garments or other textile products, allowing for real-time inventory tracking. This can help prevent stockouts and ensure that products are always available when customers need them. The proliferating textile industries in South & Central American countries drive the adoption of RFID technologies. According to the estimations of the Brazilian Textile and Apparel Industry Association, Brazil’s textile output increased by 7.4% to reach 2 million tons in 2021. Such a rise in the textile industry would propel the adoption of RFID technologies in South & Central America.

Various retailers in South & Central American countries are using RFID technologies for inventory management. In April 2023, Lojas Renner deployed an RFID-based inventory intelligence solution from Sensormatic Solutions, a Johnson Controls company. After implementing the RFID solution across all its stores, Lojas Renner has recorded an 87% reduction in stockouts and a 64% increase in inventory accuracy. Lojas Renner has tagged over 500 million products with Sensormatic RFID technology, enabling over 4 million daily item-level readings.

South & Central America RFID Market Revenue and Forecast to 2030 (US$ Million)

South & Central America RFID Market Segmentation

The South & Central America RFID market is segmented into type, frequency band, end user, product, offering, application, and country.

Based on type, the South & Central America RFID market is segmented into active and passive. The passive segment held the larger share of the South & Central America RFID market in 2023.

Based on frequency band, the South & Central America RFID market is segmented into low frequency, high frequency, and ultrahigh frequency. The high frequency segment held the largest share of the South & Central America RFID market in 2023.

Based on end user, the South & Central America RFID market is segmented into public sector, healthcare, education, sports & recreation, hospitality, residential, BFSI, manufacturing, telecommunications, and others. The hospitality segment held the largest share of the South & Central America RFID market in 2023.

Based on product, the South & Central America RFID market is segmented into cards, key fob, smartphones, band, and others. The cards segment held the largest share of the South & Central America RFID market in 2023.

Based on offering, the South & Central America RFID market is segmented into tags, readers, and software & services. The tags segment held the largest share of the South & Central America RFID market in 2023.

Based on application, the South & Central America RFID market is segmented into parcel & mailboxes, lockers, ticketing, and others. The others segment held the largest share of the South & Central America RFID market in 2023.

Based on country, the South & Central America RFID market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the share of the South & Central America RFID market in 2023.

Assa Abloy AB; dormakaba Holding AG; Honeywell International Inc; OMRON Corp; Siemens AG; and Zebra Technologies Corp are some of the leading companies operating in the South & Central America RFID market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.2 Research Methodology
  3.2.1 Data Collection:
  3.2.2 Primary Interviews:
  3.2.3 Hypothesis Formulation:
  3.2.4 Macro-Economic Factor Analysis:
  3.2.5 Developing Base Number:
  3.2.6 Data Triangulation:
  3.2.7 Country Level Data:

4. SOUTH & CENTRAL AMERICA RFID MARKET LANDSCAPE

4.1 Market Overview
4.2 South & Central America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. SOUTH & CENTRAL AMERICA RFID MARKET - KEY MARKET DYNAMICS

5.1 Market Drivers
  5.1.1 Increasing Uses of RFID Technology in Healthcare and Retail Industries
  5.1.2 Rising Deployment of RFID Technology
5.2 Market Restraints
  5.2.1 Availability of RFID Alternatives
5.3 Market Opportunities
  5.3.1 Growing Demand for Traceability and Real-Time Monitoring
5.4 Future Trends
  5.4.1 Increasing Uses of IoT Devices
5.5 Impact Analysis of Drivers and Restraints

6. RFID MARKET -SOUTH & CENTRAL AMERICA MARKET ANALYSIS

6.1 South & Central America RFID Market Overview
6.2 South & Central America RFID Market Revenue and Volume Forecast and Analysis

7. SOUTH & CENTRAL AMERICA RFID MARKET - BY TYPE

7.1 Overview
7.2 South & Central America RFID Market, by Type (2022 and 2030)
7.3 Active
  7.3.1 Overview
  7.3.2 Active: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Passive
  7.4.1 Overview
  7.4.2 Passive: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

8. SOUTH & CENTRAL AMERICA RFID MARKET ANALYSIS - BY FREQUENCY BAND

8.1 Overview
8.2 South & Central America RFID Market, by Frequency Band (2022 and 2030)
8.3 Low Frequency
  8.3.1 Overview
  8.3.2 Low Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
8.4 High Frequency
  8.4.1 Overview
  8.4.2 High Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Ultrahigh Frequency
  8.5.1 Overview
  8.5.2 Ultrahigh Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

9. SOUTH & CENTRAL AMERICA RFID MARKET ANALYSIS - BY END USER

9.1 Overview
9.2 South & Central America RFID Market, by End User (2022 and 2030)
9.3 Public Sector
  9.3.1 Overview
  9.3.2 Public Sector: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Healthcare
  9.4.1 Overview
  9.4.2 Healthcare: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Education
  9.5.1 Overview
  9.5.2 Education: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Sports & Recreation
  9.6.1 Overview
  9.6.2 Sports & Recreation: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Hospitality
  9.7.1 Overview
  9.7.2 Hospitality: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.8 Residential
  9.8.1 Overview
  9.8.2 Residential: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.9 BFSI
  9.9.1 Overview
  9.9.2 BFSI: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.10 Manufacturing
  9.10.1 Overview
  9.10.2 Manufacturing: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.11 Telecommunications
  9.11.1 Overview
  9.11.2 Telecommunications: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.12 Others
  9.12.1 Overview
  9.12.2 Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

10. SOUTH & CENTRAL AMERICA RFID MARKET ANALYSIS - PRODUCT

10.1 Overview
10.2 South & Central America RFID Market, by Product (2022 and 2030)
10.3 Cards
  10.3.1 Overview
  10.3.2 Cards: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Key Fob
  10.4.1 Overview
  10.4.2 Key Fob: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Smartphone
  10.5.1 Overview
  10.5.2 Smartphone: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Band
  10.6.1 Overview
  10.6.2 Band: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Others
  10.7.1 Overview
  10.7.2 Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

11. SOUTH & CENTRAL AMERICA RFID MARKET ANALYSIS - BY OFFERING

11.1 Overview
11.2 South & Central America RFID Market, by Offering (2022 and 2030)
11.3 Tags
  11.3.1 Overview
  11.3.2 Tags: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
11.4 Readers
  11.4.1 Overview
  11.4.2 Readers: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
11.5 Software & Services
  11.5.1 Overview
  11.5.2 Software & Services: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

12. SOUTH & CENTRAL AMERICA RFID MARKET ANALYSIS - APPLICATION

12.1 Overview
12.2 South & Central America RFID Market, by Application (2022 and 2030)
12.3 Parcel & Mailboxes
  12.3.1 Overview
  12.3.2 Parcel & Mailboxes: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.4 Lockers
  12.4.1 Overview
  12.4.2 Lockers: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.5 Ticketing
  12.5.1 Overview
  12.5.2 Ticketing: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.6 Others
  12.6.1 Overview
  12.6.2 Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)

13. SOUTH & CENTRAL AMERICA RFID MARKET - COUNTRY ANALYSIS

13.1 Overview
  13.1.1 South & Central America RFID Market, by Key Country
    13.1.1.1 Brazil: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
      13.1.1.1.1 Brazil: South & Central America RFID Market, by Type
      13.1.1.1.2 Brazil: South & Central America RFID Market, by Frequency Band
      13.1.1.1.3 Brazil: South & Central America RFID Market, by End User
      13.1.1.1.4 Brazil: South & Central America RFID Market, by Product
      13.1.1.1.5 Brazil: South & Central America RFID Market, by Offering
      13.1.1.1.6 Brazil: South & Central America RFID Market, by Application
    13.1.1.2 Argentina: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
      13.1.1.2.1 Argentina: South & Central America RFID Market, by Type
      13.1.1.2.2 Argentina: South & Central America RFID Market, by Frequency Band
      13.1.1.2.3 Argentina: South & Central America RFID Market, by End User
      13.1.1.2.4 Argentina: South & Central America RFID Market, by Product
      13.1.1.2.5 Argentina: South & Central America RFID Market, by Offering
      13.1.1.2.6 Argentina: South & Central America RFID Market, by Application
    13.1.1.3 Rest of SAM: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
      13.1.1.3.1 Rest of SAM: South & Central America RFID Market, by Type
      13.1.1.3.2 Rest of SAM: South & Central America RFID Market, by Frequency Band
      13.1.1.3.3 Rest of SAM: South & Central America RFID Market, by End User
      13.1.1.3.4 Rest of SAM: South & Central America RFID Market, by Product
      13.1.1.3.5 Rest of SAM: South & Central America RFID Market, by Offering
      13.1.1.3.6 Rest of SAM: South & Central America RFID Market, by Application

14. INDUSTRY LANDSCAPE

14.1 Overview
14.2 Market Initiative
14.3 Product Development
14.4 Mergers & Acquisitions

15. COMPANY PROFILES

15.1 Zebra Technologies Corp
  15.1.1 Key Facts
  15.1.2 Business Description
  15.1.3 Products and Services
  15.1.4 Financial Overview
  15.1.5 SWOT Analysis
  15.1.6 Key Developments
15.2 Assa Abloy AB
  15.2.1 Key Facts
  15.2.2 Business Description
  15.2.3 Products and Services
  15.2.4 Financial Overview
  15.2.5 SWOT Analysis
  15.2.6 Key Developments
15.3 Honeywell International Inc
  15.3.1 Key Facts
  15.3.2 Business Description
  15.3.3 Products and Services
  15.3.4 Financial Overview
  15.3.5 SWOT Analysis
  15.3.6 Key Developments
15.4 OMRON Corp
  15.4.1 Key Facts
  15.4.2 Business Description
  15.4.3 Products and Services
  15.4.4 Financial Overview
  15.4.5 SWOT Analysis
  15.4.6 Key Developments
15.5 Siemens AG
  15.5.1 Key Facts
  15.5.2 Business Description
  15.5.3 Products and Services
  15.5.4 Financial Overview
  15.5.5 SWOT Analysis
  15.5.6 Key Developments
15.6 dormakaba Holding AG
  15.6.1 Key Facts
  15.6.2 Business Description
  15.6.3 Products and Services
  15.6.4 Financial Overview
  15.6.5 SWOT Analysis
  15.6.6 Key Developments

16. APPENDIX

16.1 About The Insight Partners
16.2 Word Index
LIST OF TABLES

Table 1. South & Central America RFID Market Revenue and Forecast to 2030 (US$ Million)
Table 2. SAM: South & Central America RFID Market, by Country - Revenue and Forecast to 2030 (US$ Million)
Table 3. Brazil: South & Central America RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 4. Brazil: South & Central America RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 5. Brazil: South & Central America RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 6. Brazil: South & Central America RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 7. Brazil: South & Central America RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 8. Brazil: South & Central America RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 9. Argentina: South & Central America RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 10. Argentina: South & Central America RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 11. Argentina: South & Central America RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 12. Argentina: South & Central America RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 13. Argentina: South & Central America RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 14. Argentina: South & Central America RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 15. Rest of SAM: South & Central America RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 16. Rest of SAM: South & Central America RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 17. Rest of SAM: South & Central America RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 18. Rest of SAM: South & Central America RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 19. Rest of SAM: South & Central America RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 20. Rest of SAM: South & Central America RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America RFID Market Segmentation
Figure 2. South & Central America RFID Market Segmentation - By Country
Figure 3. South & Central America RFID Market Overview
Figure 4. South & Central America RFID Market, by Frequency Band
Figure 5. South & Central America RFID Market, by Country
Figure 6. SAM - PEST Analysis
Figure 7. South & Central America RFID Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. South & Central America RFID Market: Impact Analysis of Drivers and Restraints
Figure 10. South & Central America RFID Market Revenue and Forecast (US$ Million)
Figure 11. South & Central America RFID Market Revenue Share, by Type (2022 and 2030)
Figure 12. Active: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Passive: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. South & Central America RFID Market Revenue Share, by Frequency Band (2022 and 2030)
Figure 15. Low Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. High Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Ultrahigh Frequency: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. South & Central America RFID Market Revenue Share, by End User (2022 and 2030)
Figure 19. Public Sector: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Healthcare: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Education: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Sports & Recreation: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Hospitality: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Residential: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. BFSI: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. Manufacturing: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. Telecommunications: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. South & Central America RFID Market Revenue Share, by Product (2022 and 2030)
Figure 30. Cards: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Key Fob: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. Smartphone: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 33. Band: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 34. Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 35. South & Central America RFID Market Revenue Share, by Offering (2022 and 2030)
Figure 36. Tags: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 37. Readers: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 38. Software & Services: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 39. South & Central America RFID Market Revenue Share, by Application (2022 and 2030)
Figure 40. Parcel & Mailboxes: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 41. Lockers: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 42. Ticketing: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 43. Others: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 44. South & Central America RFID Market, by Key Country- Revenue (2022) (US$ Mn)
Figure 45. South & Central America RFID Market Revenue Share, by Key Country (2022 and 2030)
Figure 46. Brazil: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 47. Argentina: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 48. Rest of SAM: South & Central America RFID Market - Revenue and Forecast to 2030 (US$ Million)


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