Argentina Radio-Frequency Identification (RFID) Market Research Report, 2029

As the country experiences economic growth and industrial expansion, businesses across various sectors recognise the need to modernise their operations and adopt advanced solutions like RFID to remain competitive in both domestic and global markets. One of the key factors contributing to Argentina's growing economy is its diverse industrial landscape, which encompasses sectors such as manufacturing, agriculture, retail, logistics, and healthcare. In each of these sectors, RFID technology offers tangible benefits that align with the goals of increasing productivity, reducing costs, and improving customer satisfaction. Furthermore, the Argentine government has shown interest in promoting the adoption of RFID technology through initiatives aimed at improving supply chain efficiency, enhancing product traceability, and combating counterfeiting. Government support and incentives encourage businesses to invest in RFID solutions to meet regulatory requirements and enhance their competitiveness. Argentina's logistics and supply chain sectors benefit from RFID technology's capabilities for real-time tracking, inventory visibility, and process automation. RFID tags are used to track goods, containers, and vehicles throughout the supply chain, improving operational efficiency, reducing errors, and enabling better decision-making. Argentina's agriculture industry, known for its production of crops such as soybeans, corn, and wheat, leverages RFID technology for applications such as livestock management, crop monitoring, and supply chain traceability. RFID-enabled solutions help farmers optimise production processes, improve crop yields, and ensure compliance with quality and safety standards. According to the research report "Argentina Radio-Frequency Identification (RFID) Market Research Report, 2029," published by Actual Market Research, the Argentina Radio-Frequency Identification (RFID) market is expected to reach a market size of more than USD 200 Million by 2029. Argentina's diverse economy relies on efficient supply chain management to support industries such as agriculture, manufacturing, retail, and logistics. RFID technology enables better inventory control, reduced stockouts, and improved order fulfilment, driving demand from businesses looking to optimise their supply chain operations. Argentina's participation in the global market requires businesses to comply with international standards and meet the expectations of trading partners. RFID technology enables businesses to achieve supply chain visibility, product traceability, and compliance with global standards, enhancing their competitiveness in the global marketplace. The emergence of new applications and use cases for RFID technology, such as smart packaging, asset monitoring, and IoT integration, expands the potential market for RFID solutions in Argentina. Businesses explore innovative ways to leverage RFID technology to gain competitive advantages and drive business growth. Collaboration between RFID solution providers, system integrators, industry associations, and research institutions fosters innovation and drives the adoption of RFID technology in Argentina. Industry-specific solutions tailored to the needs of Argentine businesses further accelerate market growth and adoption. Based on the product types, there are segmented tags, readers, and software and services; among them, the reader leads the market. RFID readers are used by Argentina's retail industry for inventory management functions including loss prevention, restocking, and stock tracking. Retailers avoid stockouts and overstock situations, track goods movement, and do automated inventory counts with RFID readers. This raises total retail operations efficiency, lowers labour costs, and increases inventory accuracy. RFID readers are widely used for asset tracking and monitoring applications in Argentina across industries such as healthcare, manufacturing, and logistics. By deploying RFID readers in facilities and vehicles, businesses can track the location, status, and condition of assets in real-time. This improves asset utilisation, minimises loss or theft, and enhances operational visibility and control. In terms of the tag types active and passive, the active is passive, which contributes the highest market share. Passive RFID tags are typically more cost-effective than their active counterparts, making them a preferred choice for businesses looking to deploy RFID technology at scale. The lower cost of passive RFID tags allows for broader adoption across various industries in Argentina, including retail, manufacturing, logistics, and healthcare. Passive RFID tags do not contain a battery and instead rely on the energy transmitted by RFID readers to power their operation. This simplicity in design makes passive RFID tags more reliable and durable, as they have fewer components prone to failure or degradation over time. Businesses in Argentina value the reliability of passive RFID tags for applications such as inventory management, asset tracking, and supply chain optimisation. According to the frequency, it is segmented into low frequency, high frequency, and ultra-high frequency, among which the ultra-high frequency contributes to the market. UHF RFID technology offers a longer read range compared to other RFID frequencies, allowing for rapid and efficient data capture over greater distances. This makes UHF RFID well-suited for applications in large-scale environments such as warehouses, distribution centres, and logistics hubs in Argentina, where the ability to read tags from a distance is essential for efficient inventory management and tracking. UHF RFID technology is based on globally recognised standards, ensuring interoperability and compatibility with RFID systems and infrastructure deployed by businesses in Argentina. This standardisation facilitates the seamless integration of UHF RFID technology into existing operations and supply chain processes, driving its widespread adoption across industries. Based on the end user, they are bifurcated into Retail, Healthcare, Logistics & Supply Chain, Transportation, Aerospace & Defence, Animal Tracking/Agriculture, Commercial, Security & Access Control, and Others, among them in Argentina Logistics & Supply Chain is growing the demand for RFID technology. Argentina's economy relies heavily on efficient logistics and supply chain operations to support its diverse industries, including manufacturing, agriculture, retail, and exports. With complex supply chain networks spanning domestic and international markets, there is a growing need for technologies like RFID to enhance visibility and control over the movement of goods and assets. RFID technology streamlines inventory management processes by automating data capture and reducing manual intervention. In Argentina, businesses use RFID tags to track and manage inventory in warehouses, distribution centres, and retail stores more efficiently, leading to reduced stockouts, improved order accuracy, and lower carrying costs.

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Considered in this report: • Geography: Argentina • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report: • Argentina Radio-Frequency Identification (RFID) market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Products Types: • Tags • Readers • Software & Services

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Kripa Shah

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By Tag Types: • Passive • Active By Frequency Types: • Low Frequency • High Frequency • Ultra-High Frequency By End User • Retail • Healthcare • Logistics & Supply Chain • Transportation • Aerospace & Defense • Animal Tracking/Agriculture • Commercial • Security and Access Control • Others

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The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Radio-Frequency Identification (RFID) industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.