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

For more information on companies in this article

Related Content

  • Singapore plans changes to transit system
    June 13, 2018
    Singapore has the third-highest population density in the world and the numbers are continuing to grow. The government knows that transit is vital: David Crawford investigates the city state’s Smart Nation strategy. Transport is the most important of the five domains identified as the pillars of Singapore's far-reaching Smart Nation strategy, launched in November 2014 by prime minister Lee Hsien Loong with the aim of reaching fulfilment by 2024. Roads account for 12% of the island republic's 719km2 land ar
    Read More
  • Lyft, Uber have mixed impact on San Fran mobility
    May 14, 2018
    The extent to which ride-hailing has become a real force in the mobility landscape of San Francisco is great for consumers – but there are downsides, a report finds. Andrew Stone takes a look. Uber and Lyft, the two major ride-hailing platforms in San Francisco, are out-competing local cab firms in many ways - and are firmly established as a significant part of the daily mobility mix there, a recent study reveals. Researchers mined publicly-available data derived from the application programming interface
    Read More
  • Tagmaster launches latest short range RFID reader
    February 16, 2016
    Tagmaster, a leading producer of advanced RFID products and ANPR cameras for long-range vehicle identification in traffic and rail solutions, will be at Intertraffic Amsterdam 2016 showing its latest UHF RFID product ranges and promoting its increased selection of products following its merger last year with CitySync.
    Read More
  • Kapsch’s scalable tolling back office accepts mixed feeds
    September 15, 2014
    Arno Klamminger and Wolfgang Fleischer from Kapsch’s ETC Business Unit outline a new back office solution which addresses the ongoing changes in the road user charging sector. The rapidly increasing scale of some Road User Charging (RUC) schemes, both current and proposed, presents systems developers and manufacturers with significant opportunities in terms of product sales. However, it also presents them with significant challenges - and size is but one part – as at regional, national and international lev
    Read More

Highlighted Content