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

  • ADAS and AV software and hardware revenues ‘to exceed US$35 billion by 2020’
    January 9, 2017
    A new study from Juniper Research forecasts that the advanced driver assistance systems (ADAS) and autonomous vehicle (AV) market will reach a total global value of US$35 billion in 2020, before representing a fourfold increase to reach US$144 billion in revenues by 2025.
  • Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    February 24, 2014
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set
  • Global ADAS market forecast
    June 23, 2015
    The latest research report by RnRMarketResearch forecasts the global ADAS market to grow at 24.97 per cent CAGR to 2019 and segments the market into seven categories: tyre pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS) and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems). The r
  • Growing focus on efficient traffic management driving global ITS market
    April 29, 2014
    According to the latest report by Global Industry Analysts, Intelligent Transportation Systems: A Global Strategic Business Report, the global market for intelligent transportation systems (ITS) is projected to reach US$26.3 billion by 2020, driven by continued rise in vehicular traffic and the need to regulate traffic flow, rising impetus for enhancing road safety, and escalating socio-environmental implications of traffic congestion.