LATAM RFID Tags Market to 2032
Overview
The LATAM RFID Tags Market is expected to reach a 2.78 USD Billion by 2032 and is projected to grow at a CAGR of 9.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.31
Forecast, 2032 (USD Billion)
2.78
CAGR, 2024 - 2032
9.90%
Report Coverage
South America
LATAM RFID Tags Market 2018-2032 USD Billion
LATAM RFID Tags Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.31 USD Billion
- Projected Market Size (2032): 2.78 USD Billion
- CAGR (2025-2032): 9.90%
Key Findings of LATAM RFID Tags Market
- The LATAM RFID Tags Market was valued at 1.31 USD Billion in 2024.
- The LATAM RFID Tags Market is likely to grow at a CAGR of 9.90% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Passive Tag in Tag Type Segment accounted for the largest share of the market with a revenue of 1.01 USD Billion
- The fastest growing segment Card in Form Factor Segment grew Fastest with a CAGR of 11.76% during the forecast period from 2024 to 2032.
LATAM RFID Tags Market Scope
LATAM RFID Tags Market Segmentation & Scope
Application
- Others
- Sports
- Defense
- Aerospace
- Animal Tracking
- Payment and Ticket System
- Security & Access Control
- Healthcare
- Transportation, Logistics & Supply Chain
- Commercial/Retail
Material
- Glass
- Others
- Paper
- Metal
- Plastic
Form Factor
- Others
- Wristband
- Paper Tickets
- Button
- Implants
- Key Fob
- Label
- Card
Frequency
- Bluetooth
- Ultra Wideband
Type
- Smart Tag
- Normal Tag
Tag Type
- Active Tag
- Passive Tag
Wafer Size
- Others
- 200 to 300 MM
- Less than 200 MM
LATAM RFID Tags Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.31 USD Billion |
| Market Value in 2032 | 2.78 USD Billion |
| CAGR (2025-2032) | 9.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Material,Form Factor,Frequency,Type,Tag Type,Wafer Size |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 1.31 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 369.27 USD Million in 2024.
Segments and Scope
-
LATAM RFID Tags Market to 2032, By Application
- Commercial/Retail is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 348.93 USD Billion in the year 2024.
- Commercial/Retail is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 11.56 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Material
- Plastic is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 537.25 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 10.44 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Form Factor
- Card is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 319.53 USD Billion in the year 2024.
- Card is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 11.76 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Frequency
- Ultra Wideband is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 786.36 USD Billion in the year 2024.
- Ultra Wideband is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 10.04 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Type
- Normal Tag is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 846.33 USD Billion in the year 2024.
- Smart Tag is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 9.71 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Tag Type
- Passive Tag is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 1.01 USD Billion in the year 2024.
- Passive Tag is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 10.00 % in forecast period 2025-2032.
-
LATAM RFID Tags Market to 2032, By Wafer Size
- Less than 200 MM is the largest segment in LATAM RFID Tags Market to 2032 with a revenue of 687.55 USD Billion in the year 2024.
- 200 to 300 MM is the Fastest growing segment in LATAM RFID Tags Market to 2032 with a Growth rate of 9.63 % in forecast period 2025-2032.
LATAM RFID Tags Market Company Share Analysis
| Company Name |
|
||
| Zebra Technologies Corp. (ZIH Corp) | |||
| STMicroelectronics | |||
| Fujitsu | |||
| AVERY DENNISON CORPORATION. | |||
| Checkpoint Systems, Inc. | |||
LATAM RFID Tags Market Geographical Sales Distribution, 2018-2032 USD Billion
LATAM RFID Tags Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The LATAM RFID Tags Market is segmented based on Segmentation Application,Material,Form Factor,Frequency,Type,Tag Type,Wafer Size.
LATAM RFID Tags Market was valued at USD 1.31(Revenue in USD Billion) in 2024.
LATAM RFID Tags Market is projected to grow at a CAGR of 9.90% during the forecast period of 2024 to 2032.
The Passive Tag segment is expected to dominate the LATAM RFID Tags Market, holding a largest market share of 1.01 USD Billion in 2024
LATAM RFID Tags Market Scope
LATAM RFID Tags Market Segmentation & Scope
Application
- Others
- Sports
- Defense
- Aerospace
- Animal Tracking
- Payment and Ticket System
- Security & Access Control
- Healthcare
- Transportation, Logistics & Supply Chain
- Commercial/Retail
Material
- Glass
- Others
- Paper
- Metal
- Plastic
Form Factor
- Others
- Wristband
- Paper Tickets
- Button
- Implants
- Key Fob
- Label
- Card
Frequency
- Bluetooth
- Ultra Wideband
Type
- Smart Tag
- Normal Tag
Tag Type
- Active Tag
- Passive Tag
Wafer Size
- Others
- 200 to 300 MM
- Less than 200 MM
Frequently Asked Questions
The LATAM RFID Tags Market is segmented based on Segmentation Application,Material,Form Factor,Frequency,Type,Tag Type,Wafer Size.
LATAM RFID Tags Market was valued at USD 1.31(Revenue in USD Billion) in 2024.
LATAM RFID Tags Market is projected to grow at a CAGR of 9.90% during the forecast period of 2024 to 2032.
The estimated market value of the LATAM RFID Tags Market for final year is USD 2.78 (USD Billion).
LATAM RFID Tags Market Company Profiling
Frequently Asked Questions
The LATAM RFID Tags Market is segmented based on Segmentation Application,Material,Form Factor,Frequency,Type,Tag Type,Wafer Size.
LATAM RFID Tags Market was valued at USD 1.31(Revenue in USD Billion) in 2024.
LATAM RFID Tags Market is projected to grow at a CAGR of 9.90% during the forecast period of 2024 to 2032.
The estimated market value of the LATAM RFID Tags Market for final year is USD 2.78 (USD Billion).
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