Global RFID market will reach US$7.88 billion in 2013

According to a new RFID sector survey by IDTechEx Research, RFID Forecasts, Players & Opportunities 2014-2024, the RFID market will increase from US$6.98 billion in 2012 to US$7.88 billion, and will reach US$23.4 billion in 2020. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors - for both passive and active RFID. Using new, unique information researched globally by IDTechEx technical experts, the new report RFID Forecasts, Players & Opportunities 2
October 22, 2013 Read time: 1 min
According to a new RFID sector survey by 6582 IDTechEX Research, RFID Forecasts, Players & Opportunities 2014-2024, the RFID market will increase from US$6.98 billion in 2012 to US$7.88 billion, and will reach US$23.4 billion in 2020. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors - for both passive and active RFID.

Using new, unique information researched globally by IDTechEx technical experts, the new report RFID Forecasts, Players & Opportunities 2014-2024 analyses the RFID market in many different ways. Full analysis by each market is given in great detail including in-depth historic data by application type from 2005 year by year to 2020 and with a 2024 outlook. Forecasts are given by tag numbers, asp and value for more than 20 applications for passive and active RFID. RFID reader forecasts are provided along with market size by application area and trends by territory
Charging, Tolling & RUC Parking & Access Control

Related Content

  • August 7, 2017
    IDTechEx Research: RFID Market to reach US$11.2 billion in 2017
    A new report by IDTechEx Research, RFID Forecasts, Players and Opportunities 2017-2027, IDTechEx Research, indicates that in 2017, the total RFID market will be worth US$11.2 billion, up from US$10.52 billion in 2016 and US$9.95 billion in 2015. This includes tags, readers and software/services for RFID labels, cards, fobs and other form factors, for passive and active RFID. In retail, RFID continues to be rolled-out for apparel tagging predominately - that application alone will demand 8.7 billion RFID lab
    Read More
  • October 31, 2014
    Passive RFID grows by 1.12 billion tags in 2014 to 6.9 billion
    More than five years later than the industry had expected, market research and events firm IDTechEx find that the passive RFID tag market is now seeing tremendous volume growth. Market research and events firm IDTechEx find that the passive RFID tag market is now seeing tremendous volume growth - more than five years later than the industry had expected. Most of the growth is based on retailer adoption of UHF RFID for shelf-level stock replenishment, with the latest example being fashion retailer Zara r
    Read More
  • May 26, 2015
    China's RFID market value forecast to reach US$4.3 billion by 2025
    According to a new report by IDTechEx, RFID in China 2015-2025, not only will the use of RFID in China become a US$4.3 billion market in 2025, but that figure will almost double if the value of tags and readers made in the country and exported elsewhere is included. Already in 2015 China had 85 per cent of the global manufacture capacity of RFID tags, with over 150 RFID companies operating in the country.
    Read More
  • August 19, 2015
    Progress with RFID in China
    In its new report, RFID in China 2015-2025, IDTechEx Research has identified over 150 Chinese companies supplying RFID and tracked how the industry in China will grow to become a US$4.3 billion opportunity in 2025. Historically, the development of RFID in China has been heavily supported by the Chinese government. These include large projects such as national identification cards, passports and subway ticket applications. The entry barrier is usually high for those applications, as the suppliers need to
    Read More

Highlighted Content