RFID Market Forecasts 2009-2019

In total, 2.35 billion tags will be sold in 2009 versus 1.97 billion in 2008, 1.74 billion in 2006, and 1.02 billion in 2005.

Follow Governments to follow the money
IDTechEx forecasts have taken into account the global economic slow down. Looking at the range of applications, the biggest projects, which tend to be government led and are usually profitable for suppliers involved, are unlikely to reverse. For example, governments will not stop tagging passports or cattle to save money. More and more cities around the world are migrating to using RFID cards and eventually RFID tickets and RFID-enabled cellphones for transit. The U.S. Military recently awarded an order involving RFID approaching half a billion dollars. Governments do not need a fast return on investment (ROI). They seek error prevention, improved customer service and efficiency and greater security.