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

  • IN FOCUS: What Lidar does next
    March 16, 2023
    Automotive, tolling, robotics – outside of traffic, road safety and autonomous vehicles, what applications will move the dial in terms of Lidar during 2023? Quite a few, finds Adam Hill
  • Intersection collision avoidance system trial
    January 31, 2012
    Although much of the emphasis of research into intersection management has tended to concentrate on the needs of urban locations, there remain specific issues pertaining to rural intersections which need to be addressed. Here, Rebecca Szymkowski and Greg Helgeson, Wisconsin DOT, Todd Szymkowski, University of Wisconsin-Madison, and Craig Shankwitz and Arvind Menon, University of Minnesota detail progress on an intersection collision avoidance system for more remote locations.
  • Elimination of electric vehicle systems
    June 24, 2016
    According to IDTechEx Research reports, Power Electronics for Electric Vehicles 2016-2026, Mild Hybrid 48V Vehicles 2016-2031 and Structural Electronics 2015-2025: Applications, Technologies, Forecasts”, el4ctric vehicles (EVs)have a cost challenge: hybrids have complexity problems meaning reliability and space issues. Extra power electronic units arrive for tasks such as a vehicle-to-grid, vehicle-to-house and inductive charging. Many more will be added in future such as regeneration modules - thermoelect
  • Virtual ITS European Congress 2020: report
    November 25, 2020
    ITS industry ‘needs to make a move towards each other’, Congress delegates hear