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

  • ITS sector jumps to $120bn by 2025: report
    March 7, 2022
    New research from Argonaut International Consulting predicts four-year CAGR of 24.5%
  • Installed base of fleet management systems in Europe to reach 10.6 million by 2020
    August 26, 2016
    The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company ha
  • Smartphones ‘expected to help connect older vehicles to V2X network’
    September 1, 2015
    A recent report from Navigant Research, Connected Vehicles, examines the market for connected vehicles, with a focus on the key components of vehicle-to-external communications (V2X) communications technology and factors that may influence successful deployment. The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect OEMs, hardware and software suppliers, regulators, and intellig
  • Machine vision’s image of road management’s future
    June 11, 2015
    Q-Free’s Marco Sinnema looks at how the commoditisation of high-quality vision-based solutions is widening their application. Machine vision technology’s entry into the ITS/traffic management sector has followed a classic top-down path. This is unsurprising given the extremely demanding performance criteria which are the standard in its market of origin, manufacturing processing. Very high image qualities combined with frame rates often in the hundreds per second range resulted in vision systems with capabi