Market Share of Inventory Tags Industry
The inventory tags market is moderately competitive and consists of many global and regional players. These players account for a considerable share of the market and focus on expanding their customer base across the globe. These vendors focus on the research and development investment in introducing new solutions, strategic alliances, and other organic & inorganic growth strategies to earn a competitive edge over the forecast period. In may 2022, The Technology Innovation Development Facility (TIDC), a pioneering Radio Frequency Identification ("RFID") inlay Research & Development (R&D) center and production hub, was opened by SML Group ("SML"), a global leader in digital identification technology and solutions. The new center is a component of SML's long-term strategic ambitions as it works to build the technology ecosystem needed to support increasingly global operations that involve a larger client base as they move toward a future where everything will be identified digitally across markets.
Inventory Tags Market Leaders
3M Company
Avery Dennison Corporation
Alien Technology, LLC
Brady Worldwide, Inc.
Zebra Technologies Corporation
*Disclaimer: Major Players sorted in no particular order
