Global RFID and barcode printer market 2017-2022

According to a report by MarketsandMarkets (M&M), the global RFID and barcode printer market is expected to be valued at USD 4.81 Billion by 2022, growing at a CAGR of 5.7% between 2017 and 2022. Factors driving the growth include the growth of the e-commerce industry; increasing demand for accurate and reliable data; and rising demand for eliminating human errors. The thermal transfer printing technology is expected to dominate the market. APAC is expected to be the fastest-growing market during the forecast period. This market growth can be attributed to the growth in the retail industry and the development of the transportation infrastructure in this region (Press Release M&M, 1 May 2017).
Click here for the press release.
Click here for more information about the report.

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