RFID In China—The Biggest RFID Market This Year
Add to this $0.25 billion in other RFID tags and their systems, most of this related to transport, cash replacement and secure access cards, and the resulting $1.9 billion is 38 percent by value of the $4.96 billion global market for RFID cards and systems in 2007.
However, as the deliveries of the national ID card saturate, China will sink below the US and probably Japan in value of its RFID market but that market will nonetheless be growing very fast. Within ten years it will more than compensate for the drop in delivery of national ID cards, buoyant sectors including animal tagging, transport, cash replacement cards, secure access, manufacturing, military and supply chain applications. Some of the RFID potential in China is shown in the table below.