Skip to main content

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

For more information on companies in this article

Related Content

  • SPONSORED CONTENT: Using AI to achieve real traffic intelligence
    June 3, 2020
    The application of artificial intelligence has the potential to transform the performance of vision-based systems used for a wide and growing set of applications. These include vehicle presence detection and identification, count and classification, and enforcement, explains Roy Czinku of International Road Dynamics
  • Spot speed deterrent proved to be transient
    October 18, 2013
    As research and trials show the benefits of average speed enforcement - David Crawford reviews developments on two continents. August 2013 saw the switch on of the Australian State of Victoria’s latest combined point-to-point (P2P) average speed enforcement (ASE) and spot camera control system. Installed on the 27km Peninsula Link to the south-east of Melbourne, the system uses high-resolution automatic number plate recognition (ANPR) cameras and optical character recognition (OCR) technology developed b
  • Partnerships with Japan, EU Accelerate ITS Development
    December 3, 2012
    According to the Transportation Research Board ITS Committee, international cooperation between the United States, Japan, and the European Union (EU) is helping accelerate the research and development of intelligent transportation systems (ITS) standards and technologies by fostering collaboration between professionals on three continents. "Through international cooperation, we're able to learn from each other more quickly and with less expense than if we were working on our own," said Jane Lappin, chair of
  • ITS America announces call for participation for 23rd annual meeting & exposition in Nashville
    September 20, 2012
    The Intelligent Transportation Society of America (ITS America) has issued its call for papers and presentations for consideration for its 23rd Annual Meeting & Exposition, to be held at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee from April 22-24, 2013. ITS America is looking for high quality contributions to the technical program; content selected will further the discussion about state-of-the-art transportation technologies or offer a fresh outlook on the policy, financial,