Global sales of RFID equipment growing steadily
Global sales of RFID equipment growing steadily
R E L A T E D   C O N T E N T
ADVERTISEMENT

Global RFID market to top $7bn by 2008

Over 15 billion pallets to be tracked by 2008

Robert Jaques, vnunet.com 22 Feb 2005
ADVERTISEMENT

The worldwide radio frequency ID market will top $7bn by 2008, research has predicted. Independent analyst IDTechEx said that global sales of RFID equipment are growing steadily as technical problems are slowly overcome.

Some 6.8 billion tags will be sold in 2008 for applications including medicines, luggage, animals, books and tickets. In addition some 15.3 billion tags are expected to be added to pallets and cases.

The IDTechEx report predicts that, by 2010, almost half of RFID tags will be sold in East Asia, followed by 32 per cent in the US.

In 2010, some 15 per cent of all tags are expected to be chip-less, such as printed thin-film transistor circuits and surface acoustic wave devices, rising to 55 per cent in 2013 as tags costing less than five cents become ubiquitous.

See also:

2005 'a year of transition' for RFIDContactless payment systems set to take off this year  23 Feb 2005
Pressure group calls for shop boycott  03 Feb 2005
Price points too high to encourage take-up?  27 Jan 2005

All Ecommerce

Like this story? Spread the news by clicking below:

Post this to Delicious del.icio.us    Post this to Digg Digg this    Post this to reddit reddit!

Permalink for this story

M A R K E T P L A C E
Sponsored links
F E A T U R E D   J O B S
| Aston Carter
C# Web Developer, Finance, London Financial Services Required: C#, ASP.NET, AJAX Fantastic opportunity not to be missed!! This is a great opportunity to work on a unique objectives that no other company is doing working ... more >
| JAM Recruitment
Senior Hardware Engineer Scotland/Edinburgh Communication Systems Permanent Position 40-45K+Benefits A leading organisation involved with the design and development of data acquisition systems and synthesis boards for a range of radar, signal intelligence and software radio ... more >
| JAM Recruitment
FPGA Engineer Defence/Safety Critical Buckinghamshire Permanent Position 45K+Benefits A leading UK defence organisation requires an experienced digital design engineer to strengthen its existing development team due to a number of long-term projects that have recently ... more >
| JAM Recruitment
DSP Engineer 3 Months Contract Hertfordshire £Excellent Rates£ This position requires you to have experience of measurement algorithms development for the generation and analysis of digital wireless communication standards including GSM, EDGE, UMTS, WLAN and ... more >
More job opportunities