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

  • Mexico and the US slow to adopt ETC interoperability
    April 12, 2013
    Splinteroperability is a word devised by Travis P. Dunn and Victor J. Michelet C. to encapsulate the lack of progress towards ETC harmonisation in the US and Mexico. Five thousand miles of tolled roads and bridges. Widespread implementation of electronic toll collection (ETC) systems. One dominant interoperable ETC service provider covering just over half the nation’s toll facilities. Numerous other ETC service providers offering alternative visions of interoperability. Years of customer requests for better
  • Increased connectivity helping cities shift to flexible mobility, report finds
    November 12, 2015
    A recent report from Navigant Research, Urban Mobility in Smart Cities, analyses the global market for smart urban mobility infrastructure and services in smart cities, including car-sharing, ride-sharing, advanced traffic management, smart parking, and other transportation innovations, with regional forecasts for revenue, through 2024. It indicates that the market for smart urban mobility infrastructure and services is expected to total US$144 million from 2015 to 2024. Cities have long been focal point
  • Standardise global ITS protocols to enable interoperability
    January 26, 2012
    ITS America has a new chief technology officer. ITS International caught up with Nu Rosenbohm at this year's World Congress to gather his thoughts on the main challenges at home and abroad
  • Traffic management market ‘to surpass US$22 billion by 2021’
    May 9, 2016
    Increasing traffic congestion, rising vehicle fleet size and growing technological advances will drive global traffic management market through 2021, according to the latest TechSci Research report, Global Traffic Management Market by Transportation Mode, By System Type, By Region, Competition Forecast and Opportunities, 2011-2021. According to the research, the global market for traffic management is projected to surpass US$22 billion by 2021, due to rising demand for traffic management in roadways, ra