Report forecasts RFID market to 2019

5 May 2009


Based on extensive new primary research, the new IDTechEx report RFID Forecasts, Players & Opportunities 2009-2019 addresses the global RFID situation, covering areas of growth, undersupply and oversupply, and trends.

According to the report, the value of the entire RFID market in 2009 will be $5.56bn, up from $5.25 bn last year. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. The majority of this spend is on RFID cards and their associated services - totalling $2.99 bn. The market for RFID is growing and a large amount of this value is due to government led RFID schemes, such as those for transportation, national ID (contactless cards and passports), military and animal tagging.

Industry, however, usually seeks rapid ROI. RFID is being applied where it can demonstrate a fairly rapid return on investment - such as apparel tracking, manufacturing, asset tracking and book tagging.

IDTechEx has seen increasing RFID manufacture capacity being installed in East Asia over the last 12 months. In particular, China now has a large HF tag manufacture capacity. Many companies in the West have formed alliances or joint ventures with companies in the East.

The 268-page report also tracks over 200 RFID companies and provides estimates of the revenues of the leading ones.




External weblinks
Converting Today is not responsible for the content of external internet sites.

IDTechEx



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.