Barcodes are projected to be the largest market segment of the inventory tags
The inventory tags market size is projected to grow from USD 4.08 Billion in 2016, to reach USD 5.07 Billion by 2021, at a CAGR of 4.43%. The segments considered for this report are based on printing technology, label type, technology, end-use sector, and region. The segmentation based on technology consists of barcodes, RFID, and others. Label types include plastic labels, paper labels, metal...
Inventory Tags Market to Showcase Decent Growth in the Coming Years
Companies nowadays are increasingly accommodating authentication technologies in their product packaging in order to protect their products from theft, loss, or counterfeiting. Barcodes and RFIDs are the most used authentication technologies by the companies, especially those in the industrial sector. Enforcement of strict laws regarding counterfeiting activities, growing need for efficient use of...