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

  • Ertico publishes ITS Market Radar report
    February 5, 2024
    Focus includes connected, cooperative & automated mobility, plus sustainability and MaaS
  • Growth of ITS market 2013 to 2019
    April 22, 2014
    According to the latest report from Transparency Market Research, the intelligent transportation systems (ITS) market is expected to reach a value of US$30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand of ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only reduces traffic, but also reduces number of accidents and improves quality of life by controlling vehicle emission leve
  • Confusion over electric motors for heavy trucks
    December 19, 2016
    According to Dr Peter Harrop of research company IDTechEx, there is still no agreement on the best type of electric motor to use in heavy trucks. The company’s analysis indicates that the booming, confusing traction motor business will rise to around US$400 billion in 2027. Its new report, Electric Motors for Electric Vehicles 2017-2027 navigates the jargon, the design options and the disagreements. The changing needs and evolving technology are matched to create forecasts and technology timelines based
  • Global mobility study: world on the move
    November 27, 2020
    ERF reviews impact of new mobility on road infrastructure in 20 countries pre-Covid