High Quality RFID Business Cases and Technologies Analyzed For You
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By Raghu Das, CEO
IDTechEx
In 2007, IDTechEx expects that 1.71 billion tags will be sold. The total RFID market value (including all hardware, systems, integration) across all countries will be $4.96 billion. By far the biggest segment of this is RFID cards. For those not involved in that sector, the 2007 market value for non-card RFID (RFID labels, fobs, tickets) will be $1.97 billion. Excluding cards, 58.4 percent of the market in 2007 will be in the U.S. and 33 percent in Europe. The market will rise to $27.88 billion in 2017. This includes many new markets that are being created, such as the market for real time locating systems using active RFID, which will itself be more than $6 billion in 2017.
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