Global Retail RFID Security Tags Market 2017-2021: Analysis By Frequency & Product - Research and Markets

DUBLIN--()--The "Global Retail RFID Security Tags Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global retail RFID security tags market to grow at a CAGR of 38.26% during the period 2017-2021.

The report, Global Retail RFID Security Tags Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growing omnichannel retailing. Omnichannel retailing is a new trend that is focused on providing a seamless shopping experience for customers of both traditional and digital shopping platforms. Omnichannel shoppers spend anywhere between 30% and 60% more than single-channel shoppers.

According to the report, one driver in the market is shrinking of the supply chain. Loss of physical inventory from employees, customer theft, and bad inventory information leads to shrink (loss of inventory) in the retail industry. These losses can be prevented by using RFID tags that hold a unique number, which is imposed on the products. When these products cross checkouts or store exits without getting billed, alarms in the store alert employees, thereby reducing the possibilities of shoplifting. In case of a unnoticeable employee theft, retailers can restock or reorder stolen items to prevent out-of-stock conditions. They can explore the data to identify trends and change their theft prevention processes to prevent or mitigate future incidents.

Key vendors

  • Alien Technology
  • Avery Dennison
  • SMARTRAC
  • SML Group
  • ZIH

Other prominent vendors

  • Honeywell International
  • Impinj
  • Invengo Technology
  • Mojix
  • Tyco Retail Solutions
  • Others

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Frequency

Part 07: Market Segmentation By Product

Part 08: Regional Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Competitor Landscape

Part 13: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/54mjjl/global_retail

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Retail, RFID

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Retail, RFID