RFID IC Market size was valued at US$ 1,930 million in 2024 and is projected to reach US$ 3,460 million by 2032, at a CAGR of 8.6% during the forecast period 2025-2032
Report Studies
• The global UHF RFID IC Market size was valued at US$ 1,930 million in 2024 and is projected to reach US$ 3,460 million by 2032, at a CAGR of 8.6% during the forecast period 2025-2032. This growth aligns with the broader semiconductor market expansion, which was valued at USD 579 billion in 2022 and is expected to reach USD 790 billion by 2029.
• UHF RFID ICs are semiconductor devices operating in the 860-960 MHz frequency range, enabling wireless identification and tracking of objects through radio waves. These integrated circuits power RFID tags and readers across industries by providing unique identification, data storage, and wireless communication capabilities. The market comprises two primary types: Active RFID ICs (with battery power for longer ranges) and Passive RFID ICs (harvesting energy from reader signals).
By Type:
The market is segmented based on type into:
Active RFID IC
Passive RFID IC
• The market is segmented based on application into:
• Retail
• Logistics
• Medical
• Clothing
• Other
• Impinj, Inc. (U.S.)
• NXP Semiconductors (Netherlands)
• Alien Technology (U.S.)
• EM Microelectronic (Switzerland)
• STMicroelectronics (Switzerland)
• Fudan Microelectronics Group (China)
