Global RFID Technology Market Poised for Significant Growth, Tapping into IoT and Industry 4.0 Advancements [Yahoo! Finance]
3M Company (MMM)
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Source: Yahoo! Finance
The Radio Frequency Identification (RFID) Technology market is undergoing a period of robust growth, with projections estimating its value to reach US$40.6 billion by 2030, growing at a CAGR of 13.9% from 2024. This technological surge is powered by the increasing integration with IoT (Internet of Things) and Industry 4.0 - the latest industrial revolution emphasizing automation and data exchange in manufacturing technologies. Technological Insights RFID systems consist of Tags, Readers, and accompanying Software & Middleware, each playing pivotal roles in the seamless execution of data transfer using electromagnetic fields. The technology is widely renowned for real-time, line-of-sight free data exchange, contrasting traditional barcoding systems. Application in diverse sectors such as Agriculture, Automotive, Healthcare & Medical, and Retail provides an indication of its versatility and widespread adaptability. RAIN: The Next Wireless Frontier RAIN, an acronym for RAdio fre
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MMM
Earnings
- 10/21/25 - Beat
MMM
Sec Filings
- 12/3/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 4
- MMM's page on the SEC website