Security and compliance are two important factors that secure the business’s assets and also ensure that the business runs within the set standards. But still, many businesses lack proper security and also cannot follow regulatory compliance resulting in a loss for the businesses. It would be a great thing if there could be a facility for real-time asset tracking in businesses that prevents security breaches and enables them to follow regulatory standards.
The RFID-powered asset tracking solutions are implemented in various businesses that have the potential to enable real-time monitoring, tracking and provide other use cases and benefits by integration with other various technologies. By giving real-time visibility and accuracy of IT assets and lowering the risk of theft, loss, and unauthorized access, RFID asset tracking improves security and compliance. This technology helps businesses comply with regulations, streamlines audits and makes inventory management easier.
Global Market Analysis
The Asset Tracking Market size is estimated at USD 28.93 billion in 2025 and is expected to reach USD 53.51 billion by 2030, at a CAGR of 13.09% during the forecast period (2025-2030). The RFID market is expected to grow from USD 12.61 billion in 2025 to USD 25.24 billion in 2033 at a CAGR of 9.1% during the forecast period. Enhancements in smart stock management, retail automation, and logistics optimization drive the market.
The RFID asset tracking systems market is projected to grow from $14.99 billion in 2024 to \$41.7 billion by 2031, a CAGR of 12.3%. There is a report that shows that organizations experience an ROI of up to 200% with RFID tracking systems.
IT Assets: What is it?
Any technology-related hardware or software that a company owns or utilises to support its operations is considered an IT asset. This includes both intangible digital assets like software licenses, cloud services, and data, as well as real things like gadgets and equipment. However, it will only track actual IT assets—like PCs, servers, monitors, projectors, printers, and other devices and networking equipment.
Explore more: Asset Tracking Solutions with RFID Technology
Why is RFID Technology Popular?
Traditional barcodes often provide minimal product information. People mostly use them to manage inventories and point-of-sale systems. They were inefficient and flimsy.
Their data storage capacity was quite restricted. Users had to scan them directly to obtain the information.
RFID technology has been embedded in tags. This adjustment satisfies demand and facilitates scanning. It also includes more detailed data for asset tracking.
This is the direction in which digital technology has evolved, and the new product is significantly stronger. They outperform standard barcodes in terms of efficiency and utility.
RFID systems, unlike standard barcodes, do not require scanning in a direct line of sight. Each tag has a unique identifier that secure systems can use for real-time monitoring. This feature establishes RFID as an essential tool for controlling IT assets in dynamic, high-risk contexts.
Explore more: How RFID Asset Tracking Solutions Help in IT Operations
How RFID IT Asset Tracking Enhances Security and Compliance?
RFID-powered IT asset tracking refers to a technology that involves readers and tags to identify and track the location, condition, and movement of assets in real-time. This system allows businesses to automate inventory control, monitor asset usage, and reduce the risks of theft or loss.
It is an important tool in this digital transformation world as various types of risk factors emerge every day that could harm the assets and data of businesses. The governing authority also sets new rules and regulations that need to be followed to avoid any time penalty to prevent any cut in overall revenue generation.
Also Read: RFID Industrial Solutions for Smart Asset Management
Benefits of RFID IT Asset Tracking for Enhancing Security and Compliance
There are various benefits of RFID IT asset tracking for enhancing security and compliance. Here are a few mentioned below.
Real-Time Visibility
Real-time visibility could be very important as this enables us to take immediate action if any security issues arise. The RFID-powered tags can stick to objects that provide real-time locations to the system. This also gathers a lot of important data that could be very important to analyze for insights.
Simplified Auditing
Auditing process is very crucial as it involves the financial records and operations to determine the business growth. The RFID IT asset tracking solutions can simplify the auditing process with trustworthy reports produced which also make it simpler to prove regulatory compliance. This overall helps to follow the regulatory compliance for the businesses that could be a great thing to avoid any inefficiencies.
Saves Unnecessary Expenses
If a company does not have a proper tracking system then there could be security issues. Sometimes organizations panic and do something beyond the rules and regulations. The RFID-powered IT asset tracking solutions generally provide every bit of information about the assets that results in enhancement of compliance. This saves unnecessary expenses that could be in the form of a penalty from the governing authority.
Access Control
If there will not be any security enhancement solutions then anyone can enter the system to cause damage to the system. The RFID IT asset tracking system can integrate with the access control system that allows only authorized entry to avoid any external risk factors. This overall enhances security and brings advancement to the whole operation.
Regulatory Documentation
One of the major benefits of RFID IT asset tracking is that it can gather data that can be used to extract the information required for regulatory records. It exhibits appropriate asset lifecycle management, from acquisition to disposal. This makes a great impact on the enhancement in compliance aspects.
Cost to Implement RFID IT Asset Tracking System in 2025
The cost of implementation of an RFID IT asset tracking system in 2025 generally varies on various factors like software costs, hardware type, tag amount, customization, installation and setup costs, maintenance and support, etc. The average cost of implementing an RFID IT asset tracking system in 2025 can vary widely but typically ranges from $10,000 to over $100,000.
Costs range from a few cents to $50+ per tag, depending on whether they are passive or active, and their specific features. Tailoring RFID solutions to specific business needs can incur additional costs, ranging from $1,000 to $20,000. Hardware setup, testing, and training can cost between $2,000 and $10,000.
Also Read: RFID Tracking Solutions for Asset Location and Management
Future Trends and Overview
RFID IT asset tracking is a great solution for today, but in the future, there will be a need for more advancements. The upcoming trends like AI integration, IoT-powered solutions, blockchain, better tags with enhanced features, enhanced data analytics, are going to provide more power to RFID asset tracking systems that directly or indirectly will enhance security and compliance.
Overall in addition to tracking asset locations, future RFID systems will use sophisticated data analytics to offer thorough insights. By better-analyzing asset utilization trends, firms will be able to foresee breakdowns, optimize operations, and increase overall efficiency.
