Apparel RFID Market
Albany, NY (PRWEB) December 23, 2014
The report states that the global apparel RFID market is the largest and the fastest growing application segment of the RFID tagging technology in retail supply chains, retailing and associated technologies. The report also states that the tagging and systems business related with apparel RFID has the potential of growing at double the rate of the overall RFID market through 2013 – 2023, the report’s forecast period.
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The report states that nearly 100 organizations across the globe have taken up RFID tagging for apparel in rollouts and trials. If only two companies of this big end-user base are considered, the global apparel RFID market will garner demands for nearly 500 million tags every year in the near future.
The report has a detailed overview of prominent sectors of the market, fused with analysis and future forecast, spanning ten years. The report presents total market values, unit prices and numbers for retail supply chains, and individually for rented apparels/laundry for the forecast period.
The report sheds light on market details concerning the nature of competition in the market, the Wal-Mart initiative of 2010 and the way it impacted the global apparel RFID market, and the companies that are ahead of Wal-Mart on bases of regional trends, technology and a variety of other trends.
The report includes case studies of 112 apparel RFID users across the globe, and presents a close study of what these companies are doing right and wrong. Study of these prominent end-users of the global apparel RFID market and their requirements will help your business in not only catching up with trending topics of the market but also staying ahead of the competition.
After introducing the apparel RFID market in detail by considering the major elements of the market, the report discusses the future of the RFID technology in view of its deployment in the apparel industry. Market size for the segment retail apparel is then discussed by the report. The report also presents detailed profiles of chief suppliers and researchers in the global apparel RFID market.
The report also includes a comprehensive glossary of terminologies along with a consideration of interested trade organizations including EPC global and industry standards. The ten year forecast period brings to you a probable picture of the global apparel RFID market of the near future. The success and failure stories of leading businesses of the market will help you develop more effective business strategies and enter the market with a strong case.
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