Technology Updates Chipless RFID Market | Page 2

market during the forecast period. In 2016, the region dominated the overall global chipless RFID market and is expected to reach US$ 1,217.5 Million by 2024 end, reflecting a CAGR of 27.3%. The chipless RFID market in Asia Pacific (APAC) is foreseen to expand at the highest CAGR over the forecast period, followed by North America and Europe respectively. The growth of the market in APAC is primarily attributed to the growing investment by various industries in modernizing data maintenance technology in order to improve their business efficiency. About Us: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. Contact Us: 305 Broadway,7th Floor New York City, NY 10007 United States +1-646-568-7751 +1 800-961-0353 (USA-Canada Toll free) Email: [email protected] Website: https://www.persistencemarketresearch.com