Chipless RFID Market Size, Share, and Growth Analysis

Chipless RFID Market By Product Type (Tag, Reader), By Frequency (High Frequency, Ultrahigh Frequency), By Application (Smart Cards, Smart Tickets), By Region -Industry Forecast 2025-2032


Report ID: SQMIG45I2243 | Region: Global | Published Date: February, 2025
Pages: 196 |Tables: 86 |Figures: 71

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Chipless RFID Market Insights

Global Chipless RFID market size was valued at USD 2.07 billion in 2023 and is poised to grow from USD 2.56 billion in 2024 to USD 13.76 billion by 2032, growing at a CAGR of 23.4% in the forecast period (2025-2032).

The global chipless RFID market growth is supposed to be favorable from various standpoints that add attractions to the technology. Some significant drivers of these systems have extremely high accuracy rates, since there is immediate recognition and identification of all tags when they fall under the detection ambit through chipless RFID systems. Moreover, it mitigates human mistakes and decreases overall manual efforts tremendously as it enhances productivity in the sphere of operation activities. Chipless RFID systems are also cheaper to produce than traditional RFID systems, which attracts businesses that want to decrease their operational cost while enjoying sophisticated technology.

Furthermore, chipless RFID tags offer several functionalities that give them an upper hand on alternatives: they can read/write information, automate processes, and provide unique identification for each asset or item, making it a better management of assets and inventory. As industries increasingly adopt this system, what they reap are efficiency, accuracy, and real-time tracking capabilities. However, the initial capital investment in setting up chipless RFID systems is too high for some companies. The trend among retailers is shifting toward chipless RFID adoption, along with technological advancement, which is predicted to bring in new opportunities and further boost market growth.

Market snapshot - (2025-2032)

Global Market Size

USD 2.07 billion

Largest Segment

Smart Cards

Fastest Growth

Smart Tickets

Growth Rate

23.4% CAGR

Global Chipless RFID Market ($ Bn)
Country Share for North America (%)

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Chipless RFID Market Segments Analysis

The global chipless RFID market is segmented into product type, frequency, application, and region. By product type, the market is classified into tag and reader. Depending on the frequency, it is divided into low frequency, high frequency, and ultrahigh frequency. According to the application, the market is bifurcated into smart cards and smart tickets. Regionally, it is studied across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Analysis by Frequency

As per the 2024 global chipless RFID market analysis, the ultrahigh frequency segment dominated the market, at an estimated growth of 23.5% through the forecast period. Some of the benefits of high data transfer rate lead electronic toll collection, parking access control and supply chain management to highly require UHF tags. In addition, the fact that UHF RFID can read several tags in one go makes it highly suitable for warehouse inventory management where several boxes of goods are scanned at a time or race participants crossing the finish line. Widespread use of UHF technology is driving growth in the chipless RFID market by making it easier and more convenient for many industries to become more efficient.

The high-frequency segment is the second largest contributor in the global chipless RFID industry. It is fueled by the rising demand for high frequency RFID products used in ticketing, payment systems, and data transfer applications. The high frequency RFID tags are also very effective in identifying metal parts and assets that are subjected to very harsh conditions and thus are appropriate for use in industries such as manufacturing, automotive, and heavy machinery. These tags provide reliable performance in challenging environments, which is contributing to the expansion of the chipless RFID market because industries seek cost-effective, durable, and efficient solutions.

Analysis By Application

Based on the 2024 global chipless RFID market forecast, the smart cards segment dominated the market because of its broad usage in safe applications including systems for payments, identity authentication and access. Banks, health departments, governmental sectors, transportation areas, etc. are one of the extensive users of these cards because of storing and secure transmission of encrypted information. Smart cards still lead the pack because of high demand for digital security and ever-increasing cashless transactions. The flexibility that smart cards hold in different areas coupled with superior security promises a strong market positioning for the segment of chipless RFID.

The smart tickets segment has a good outlook in the forecast period in the wake of contactless payments and digital revolutions in transportation and entertainment sectors among others. Tickets enabled with RFID become convenient, efficient, and have better security. They can attain entry with a simple scan. No physical ticket or cash would be required at the entry. This factor is driving applications for paperless, efficient, and hassle-free ticketing systems in sports, concerts, and public transits, which in turn is further pushing the growth rate of smart ticket applications. Given the growing number of smart city initiatives, industries are increasingly looking at digital solutions, and rapid growth in smart ticket adoption would also be contributing to this segment growth.

Global Chipless RFID Market By Application

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Chipless RFID Market Regional Insights

North America is currently leading the chipless RFID market, as it has been highly adopted in various fields such as retail, logistics, transportation, and healthcare. With major players present and ongoing technological advancements with an aggressive approach towards automation, supply chain management, and security, North America stands at the top in the market. Another thing is that the region has also been an early adopter of smart cards, contactless payment systems, and digital identification solutions, which further adds to its dominance.

Asia-Pacific is expected to have the highest growth in the chipless RFID market during the forecast period. The reason behind this is the fast industrialization and digital transformation occurring in countries such as China, India, and Japan. Increased smart cards, contactless payments, and RFID-based inventory management solutions in the region increase with further government initiatives to raise the status of the region by being a smart city and automation. More retail and transport sectors across Asia-Pacific means it would be a hub for rapid acceleration in chipless RFID technologies and is set to be the market's fastest-growing region.

Global Chipless RFID Market By Geography
  • Largest
  • Fastest

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Chipless RFID Market Dynamics

Drivers

Rise in Efficiency through Chipless RFID Tags

  • RFID has achieved great heights in order to achieve the desired goals of enhancing the inventory accuracy and getting the accurate count. Besides that, the RFID technology can capture more data within a shorter period. As it is not necessary to get a clear view of the inventory all the time, the process of counting requires just a few minutes to be completed. However, using RFID in gathering data over several items helps avoid transcription error, duplicate recording of data and "lost item.”

Increase in Demand for Chipless RFID in the Banking & Healthcare Industries

  • The global chipless RFID tags market is predicted to be boosted by the growing need for chipless RFID tags in the banking and healthcare industries. The market is increasingly being adopted for inventory management in various industries, such as healthcare, banking, financial services, and insurance (BFSI). On the contrary, Chipless RFID tags are provided at a significantly lower price compared to traditional RFID tags because of the absence of silicon chips and no need for maintenance procedures. Thus, these factors contributed to an increase in the utilization of chipless RFID tags for identification documents, such as passports and banking cards.

Restraints

High Initial Investment

  • Chipless RFID systems require significant upfront investment to be adopted by small and medium-sized businesses. The high costs of tags, readers, and infrastructure setup deter many small companies with tight budgets. Although it is clear in the long term that efficiency increases and cost reduction will be enjoyed, the required initial capital to invest may dissuade many businesses from implementing the technology.

Data Security and Privacy Issues

  • Wireless communication used by chipless RFID systems is susceptible to hacking or cyber-attacks, which would pose a serious concern. The concern is about securing private information and potential data breaches by hackers. Additional costs in encryption, secure protocols, and continuous monitoring of systems make it more difficult to deploy such technology widely in industries where the need for data security and protection is critical.

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Chipless RFID Market Competitive Landscape

The global chipless RFID market has well-established firms along with up-and-coming businesses and innovative ideas that drive the competitive environment of the industry. Top market leaders with high-tech products and robust presence in the market include Zebra Technologies, NXP Semiconductors, and HID Global. Affordable and customized RFID solutions are now offered by small and regional companies. Businesses are focusing on developing new technologies, strategic alliances, and diversifying their product offerings in the process to gain an edge in such a fiercely competitive market.

Top Player’s Company Profile

  • Zebra Technologies
  • NXP Semiconductors
  • HID Global
  • Impinj, Inc.
  • Alien Technology
  • Invengo Technology
  • SMARTRAC Technology
  • Honeywell International Inc.
  • Identiv, Inc.
  • Murata Manufacturing Co., Ltd.
  • Toshiba Corporation
  • Smartrac N.V.
  • Fujitsu Ltd.
  • Checkpoint Systems, Inc.
  • Gemalto (Thales Group)

Recent Developments

  • In January 2024, Idyllic Technology announced a major breakthrough in reading their low-cost, sustainable chipless RFID tags with accuracy at speeds greater than 50 km/h. This development makes RFID applications more practical in dynamic environments, such as logistics and transportation, where high-speed scanning is critical.
  • In February 2022, Check Point Software Technologies expanded its portfolio of cloud security by launching a developer-first security platform. This novel solution equips developers with advanced security features that have been integrated into their workflows. Developers can create and deploy secure applications, all without giving up on the speed, scalability, or innovation.
  • In January 2022, Check Point Software Technologies upgraded its Secure Access Service Edge (SASE) solution, intended to securely connect remote and hybrid workforces. The upgraded solution delivers secure, seamless access to applications and data so that organizations can maintain a robust security posture as they adapt to evolving work environments.

Chipless RFID Key Market Trends

Chipless RFID Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global chipless RFID market is growing fast due to growing demand from industries such as manufacturing, logistics, retail, and healthcare. This growth is being led by important issues such as the need for better inventory management, asset tracking, and operational efficiency. The industry is growing because of the shift toward automated and contactless solutions and advancements such as cloud and IoT integration. Though the chipless RFID has several disadvantages associated with it, such as high up-front costs and data security concerns, the benefit of affordability and scalabilty along with real time tracking is anticipated to outweigh these disadvantages. The growth of the chipless RFID market is expected to come a long way in the future years based on the continuous developments and increasing usage.

Report Metric Details
Market size value in 2023 USD 2.07 billion
Market size value in 2032 USD 13.76 billion
Growth Rate 23.4%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Tag and Reader
  • Frequency
    • Low Frequency, High Frequency, and Ultrahigh Frequency
  • Application
    • Smart Cards and Smart Tickets
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Zebra Technologies
  • NXP Semiconductors
  • HID Global
  • Impinj, Inc.
  • Alien Technology
  • Invengo Technology
  • SMARTRAC Technology
  • Honeywell International Inc.
  • Identiv, Inc.
  • Murata Manufacturing Co., Ltd.
  • Toshiba Corporation
  • Smartrac N.V.
  • Fujitsu Ltd.
  • Checkpoint Systems, Inc.
  • Gemalto (Thales Group)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Chipless RFID Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Chipless RFID Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Chipless RFID Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Chipless RFID Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Chipless RFID Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Chipless RFID Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Chipless RFID market size was valued at USD 2.07 billion in 2023 and is poised to grow from USD 2.56 billion in 2024 to USD 13.76 billion by 2032, growing at a CAGR of 23.4% in the forecast period (2025-2032).

The global chipless RFID market has well-established firms along with up-and-coming businesses and innovative ideas that drive the competitive environment of the industry. Top market leaders with high-tech products and robust presence in the market include Zebra Technologies, NXP Semiconductors, and HID Global. Affordable and customized RFID solutions are now offered by small and regional companies. Businesses are focusing on developing new technologies, strategic alliances, and diversifying their product offerings in the process to gain an edge in such a fiercely competitive market. 'Zebra Technologies', 'NXP Semiconductors', 'HID Global', 'Impinj, Inc.', 'Alien Technology', 'Invengo Technology', 'SMARTRAC Technology', 'Honeywell International Inc.', 'Identiv, Inc.', 'Murata Manufacturing Co., Ltd.', 'Toshiba Corporation', 'Smartrac N.V.', 'Fujitsu Ltd.', 'Checkpoint Systems, Inc.', 'Gemalto (Thales Group)'

RFID has achieved great heights in order to achieve the desired goals of enhancing the inventory accuracy and getting the accurate count. Besides that, the RFID technology can capture more data within a shorter period. As it is not necessary to get a clear view of the inventory all the time, the process of counting requires just a few minutes to be completed. However, using RFID in gathering data over several items helps avoid transcription error, duplicate recording of data and "lost item.”

Connectivity with Cloud and IoT Technologies: The integration of chipless RFID devices with cloud and Internet of Things technologies is yet another emerging trend. This integration boosts the efficiency and accessibility of RFID systems by providing better real-time data collection, remote monitoring, and seamless storage of data. Industries are more and more taking up these integrated solutions to facilitate predictive maintenance, optimize processes, and improve asset management.

North America is currently leading the chipless RFID market, as it has been highly adopted in various fields such as retail, logistics, transportation, and healthcare. With major players present and ongoing technological advancements with an aggressive approach towards automation, supply chain management, and security, North America stands at the top in the market. Another thing is that the region has also been an early adopter of smart cards, contactless payment systems, and digital identification solutions, which further adds to its dominance.

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Chipless RFID Market

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