rfid
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."



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