The tags contain electronically stored information. This tag can be attached to or implanted in products, animals or even human beings. The increasing demand for tags in keyless entry & asset tracking applications benefits this market in expansion. Continuously growing end use industries are also adding to the market growth. On the basis of region, North America has both the highest market value and volume. Asia-Pacific region is expected to grow at the fastest pace during the forecast period because huge demand for chip less RFID from developing countries such as India and china. The RFID Tags Market is expected to grow at a CAGR of around 7% by 2022. Key Players
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