Whole Network Contactless Payment Systems contest Market Size Near Field Communication Privacy and Security RFID Basics Tags and Readers

 

Supply Chain RFID Implementations to Grow Modestly

Filed in archive Market Size , Supply Chain by Anita Campbell on August 05, 2005

amrchart.gif


Spending on RFID will grow only modestly during the next few years, according to a survey of 500 companies conducted by AMR Research.

RFID Insights reports:

"The 500-company survey suggests modest growth in spending for RFID during the next few years. The survey suggests modest growth in spending: a 16% increase from 2005 to 2006, jumping 20% from 2006 to 2007. Market accelerationlinks, however, for mainstream adoption will not occur until at least 2008. Although these are good growth rates for an emerging technology in a mature supply chain management market of 3% to 4%, AMR suggests they do not support the market hype or over-inflated expectations of many investors.

Perhaps it's because RFID deployment budgets will remain small and uncertain. Large companies with more than 5,000 employees this year have budgets just under $1 million, up to approximately $1.2 million in 2007. On a promising note, 42% of respondents say they have given RFID its own budget line item. On average, RFID represents 9.1% of the overall IT budget for 2005, AMR says."


The thing I want to point out about a study like this, is that it's limited primarily to supply chain applications of RFID. It doesn't appear to have any direct bearing on plans to use RFID in other ways, such as livestock tracking, contactless payment systems, security applications, and the like. So, don't confuse this report with other reports talking about different RFID markets.

Read the AMR Research abstract of the study here.






Permalink: Supply Chain RFID Implementations to Grow Modestly
Tags: rfid  chain  supply  grow  modestly  supply+chain  rfid+implementations  implementations+grow 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/8189



Advertisement


Advertisement


RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use the search to look for other interesting posts

 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give Luis a call at +1 (650) 331 8047.


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







 
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