India RFID Market Size, Analysis, Growth, Trends, Share, Outlook 2025-2033

RFID Market in India 2025:

How Big is the India RFID Industry?

The India RFID market size reached USD 561.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,446.63 Million by 2033, exhibiting a growth rate (CAGR) of 11.09% during 2025-2033.

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 561.50 Million

Market Size in 2033: USD 1,446.63 Million

Market Growth Rate (CAGR) 2025-2033: 11.09%

India RFID Market Trends and Drivers:

India RFID market is experiencing continuous growth driven by growing digitalization, government-supported programs, and the growing necessity of effective inventory and asset management across industries. Essentially, sectors like logistics, retail, manufacturing, and transportation are increasingly using RFID solutions to streamline supply chain operations, minimize human errors, and enhance real-time visibility of goods and assets. Apart from that, the government thrust through initiatives such as Digital India and Smart Cities Mission is promoting adoption of RFID technologies in public transport, toll plazas, and vehicle tracking systems. Further, the large-scale implementation of FASTag for electronic toll collection on national highways has strongly promoted RFID adoption in the automotive and transportation industries. Besides that, retail firms are using RFID for inventory management, loss prevention, and improving customer experience through enhanced checkout and real-time tracking of products, particularly in organized retail channels. In addition, expansion of e-commerce and warehousing operations is generating high demand for automated tracking and logistics efficiency, for which RFID tags and readers are important.

On the other hand, the healthcare sector is implementing RFID solutions for tracking patients, monitoring equipment, and managing pharmaceutical inventories, leading to improved quality of services and regulatory adherence. Together with this, emphasis on workplace safety and security is compelling RFID integration within access control systems, employee attendance monitoring, and managed prescription area control. Further, increasing awareness of analytics and IoT integration is driving the adoption of RFID because organizations are looking to utilize real-time data insights for predictive maintenance and operational efficiency. Additionally, declining costs of RFID tags and readers as a result of improvements in the production process are reducing these solutions' price and making them accessible to small and medium enterprises. Besides that, collaborations between Indian system integrators and international RFID solution providers are improving product availability, customization, and after-sales service in the domestic market. In addition, consumer electronics manufacturers are adding RFID chips to products for tracking warranties, anti-counterfeiting purposes, and improving the authenticity of the products. Moreover, the launch of government policies promoting digital payment and automated transport systems is promoting the use of RFID technology for smart card-based payment systems. Overall, the intersection of government programs, industry digitization, cost-effectiveness, and increasing private investment is increasingly placing RFID at the center of India's changing technology and automation space.

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India RFID Market Report Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

• Tags

  • Active Tags

  • Passive Tags

• Readers

• Software and Services

Frequency Insights:

• Low Frequency

• High Frequency

• Ultra-High Frequency

Application Insights:

• Commercial

• Animal Tracking

• Transportation

• Agriculture

• Security and Access Control

• Healthcare

• Retail

• Logistics and Supply Chain

• Others

Regional Insights:

• North India

• South India

• East India

• West India

Top Players Analysis:

The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies. 

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=31596&flag=C Other Key Points Covered in the Report:

• COVID-19 Impact on the Market

• Porter's Five Forces Analysis

• Strategic Recommendations

• Market Dynamics

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

• Top Winning Strategies

• Recent Industry News

• Key Technological Trends & Development

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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