Whole Network Most Recent TOP10 Market Size RFID Basics Tags and Readers

 

Market Overview at Smart Labels USA

Filed in archive Market Size by Anita Campbell on March 29, 2006

Smart Labels USA
If you want an overview of the big picture of the RFID market -- how big it is presently and the forecast for the future -- you need only look to yesterday's opening keynote at . Dr. Peter Harrop, Chairman of IDTechEx, the conference organizers, gave a view of the market that might sound quite a bit different from anything else you may have read about RFID.

Today the market is a "card" market, meaning that RFID in cards (smart cards, access cards, credit cards) is the largest use in dollar terms ($.63 Billion). Next comes animal tagging, especially livestock tagging, at $.2 Billion.

But, in ten years, by 2016, the market will be a "labels" market, meaning that RFID's biggest usage will be as labels -- with a $10.85 Billion market size.

Some of the keys phrases heard during his talk were (and I paraphrase):
  • "HF tags - they are back. Today 55% of all RFID is high frequency. In ten years, by 2016, that number will be 70%."

  • "Some 50 companies are working on chipless tag technology."

  • "With regard to RFID mandates, you are selling to reluctant customers (consumer product goods manufacturers) in a market where the retailers have all the power. But this is a Western phenomenon, and retailers do not have the same power in other parts of the world."

  • "Active RFID will be mainly microwave -- and parasitic on other wireless networks such as WiFi."


Advertisement


Permalink: Market Overview at Smart Labels USA
Tags: RFID  Smart+labels  rfid  market  labels  smart+labels  overview+smart  market+overview 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/19037



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
  • cnet
  • rfidsecurity.gif
Advertisement -
Book yours here..


 
  • Would you like to see your text link here? Let us know!
Advertisement
Book yours here.



  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Case Studies Companies Contactless Payment Systems contest EPC Standards Healthcare Implementation Interviews Libraries Market Size Near Field Communication Patents Privacy and Security Report Retail RFID Basics RFID Employment Software Applications Special Events Sponsored Posts Sports Stocks Supply Chain Tags and Readers Ubiquitous Computing Wireless