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The automatic identification system market size was USD 242.2 million in 2020. The market size is expected to rise from USD 250.3 million in 2021 to USD 374.8 million in 2028 at a CAGR of 5.94% during the forecast period of 2021-2028. The global market is expected to rise during the projected period, owing to increasing adoption of IoT to enhance system performance.
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Automatic Identification System Market Size & Growth [2028]
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Automatic Identification System Market Size & Growth [2028]

The global automatic identification system market is projected to grow from $250.3 million in 2021 to $374.8 million in 2028 at a CAGR of 5.94%