How big is the RFID market
Study: RFID market explodes
Among other things, IDTechEx expects a course similar to that of the barcode market. The value of the RFID market should therefore initially peak before the number of labels sold itself reaches its maximum.
Now that the technical problems with the previously underutilized UHF frequency have slowly been overcome and 30 billion pallets and boxes are labeled every year, the value of the market for RFID labels for individual items such as medicines, luggage, animals, books and tickets is increasing significantly. In 2008, 6.8 billion labels for such applications and 15.3 billion labels for pallets and boxes will be sold.
The RFID interrogator market is also analyzed, reaching $ 1.14 billion in 2008 for EPC interrogators and $ 0.75 billion in the same year for other interrogators such as near field communications.
The projections show that in 2010 48 percent of the RFID tag volume will be sold in East Asia, followed by 32 percent in North America.
The report also includes growth and market forecasts for chipless RFID tags, for those in the form of smart tickets and cards, as well as semi-passive and active tags. By 2010, 15 percent of all labels, such as printed thin film transistor circuits and surface acoustic wave devices, will be chipless. According to IDTechEx, their share will rise to 55 percent in 2013 when labels that are smaller than a cent will be ubiquitous. (mec)
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