India RFID Market

India RFID Market Overview:

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. The growing demand for supply chain transparency, increased adoption in retail and logistics, implementation of government initiatives for digital transformation, rising need for asset tracking, expanding e-commerce sector, cost reduction in RFID hardware, and integration with internet of things (IoT) devices are some of the major factors augmenting India RFID market share.

India RFID Market Trends:

Expansion of RFID in Retail and E-commerce

Retailers in India are increasingly using RFID to manage inventory more efficiently, reduce shrinkage, and improve the customer experience. RFID does not require line-of-sight, which gives it a distinct operational edge in high-volume retail and omnichannel environments, further enhancing the India RFID market outlook. Additionally, the country’s growing middle class and internet penetration are making online and offline retailers streamline operations. RFID tagging enables real-time visibility into stock levels, product locations, and movement, thereby allowing businesses to cut down manual inventory checks and out-of-stock situations. Apparel and fashion sectors are leading adopters in the market, these sectors leverage RFID to track thousands of SKUs across stores and warehouses. According to an industry report, e-commerce in India is rapidly growing and is expected to reach USD 325 Billion in 2030. The growth of e-commerce leads to increased demand for RFID as it speeds up picking and packing and improves order accuracy. Some companies are also integrating RFID with customer-facing applications, such as mirrors in changing rooms equipped with RFID can show product info or suggest alternatives. As RFID costs drop and tech compatibility improves, mid-sized retailers are starting to explore the benefits as well.

Integration of RFID with IoT and Automation

The integration of RFID with the internet of things (IoT) platforms and automation systems is changing the way businesses in India track and control physical assets and providing an impetus to India RFID market growth. Businesses are beginning to see RFID not just as a tracking tool but as part of a broader automation strategy. Manufacturers are embedding RFID into industrial machinery to monitor operational data in real-time, triggering alerts or maintenance workflows automatically. In addition to this, the rising demand for automated retail solutions, driven by the need to reduce checkout times, enhance inventory accuracy, and improve customer experience, is accelerating the adoption of RFID-enabled smart systems in India. For instance, in November 2024, researchers from Sinhgad Institute of Technology introduced an IoT-based smart shopping cart integrated with a smartphone application to enhance the retail shopping experience. The system employs RFID technology to automatically scan, and track purchased items, displaying the total cost on a mobile app, thereby eliminating the need for long checkout queues. This innovation aims to modernize shopping by combining automation, efficiency, and user convenience. With 5G rollouts and more affordable cloud services, these integrated solutions are becoming more viable for medium-sized firms. RFID serves as the identification layer, while IoT brings in telemetry, analytics, and remote control. This integration is also driving innovation in security, such as RFID-enabled access linked with biometric or facial recognition systems.

India RFID Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, frequency, and application.

Product Type Insights:

• Tags
  • Active Tags
  • Passive Tags
• Readers
• Software and Services

The report has provided a detailed breakup and analysis of the market based on the product type. This includes tags (active tags and passive tags), readers, and software and services.

Frequency Insights:

• Low Frequency
• High Frequency
• Ultra-High Frequency

A detailed breakup and analysis of the market based on the frequency have also been provided in the report. This includes low frequency, high frequency, and ultra-high frequency.

Application Insights:

• Commercial
• Animal Tracking
• Transportation
• Agriculture
• Security and Access Control
• Healthcare
• Retail
• Logistics and Supply Chain
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes commercial, animal tracking, transportation, agriculture, security and access control, healthcare, retail, logistics and supply chain, and others.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India RFID Market News:

• On July 2024, India-based technology firm ID Tech Solutions introduced the IDT-87 UHF RFID reader, engineered for deployment in challenging industrial environments such as mining operations, factory entrances, and weighbridges. This device enhances vehicle management and weight verification by automating the identification process. Equipped with an Impinj E710 chip and designed to minimize stray reads, the IDT-87 ensures precise data capture even from moving vehicles. Its integration with IoT controllers and positioning sensors further streamlines processes, contributing to increased efficiency and security in industrial applications.
• On July 2023, Tata Power introduced the EZ CHARGE card, a cutting-edge RFID-enabled technology to improve the electric vehicle (EV) charging experience throughout India. This card allows users to initiate charging sessions seamlessly by simply tapping it on Tata Power's EZ chargers, facilitating efficient and secure transactions without reliance on mobile networks. This initiative aims to accelerate EV adoption and promote sustainable mobility throughout the country.

India RFID Market Report Coverage:

Key Questions Answered in This Report:

• How has the India RFID market performed so far and how will it perform in the coming years?
• What is the breakup of the India RFID market on the basis of product type?
• What is the breakup of the India RFID market on the basis of frequency?
• What is the breakup of the India RFID market on the basis of application?
• What is the breakup of the India RFID market on the basis of region?
• What are the various stages in the value chain of the India RFID market? 
• What are the key driving factors and challenges in the India RFID?
• What is the structure of the India RFID market and who are the key players?
• What is the degree of competition in the India RFID market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India RFID market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India RFID market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India RFID industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.