RFID market reaches $7.67 billion in 2012 - up 17% from 2011
The latest RFID market research from IDTechEx finds that in 2012 the value of the entire RFID market will be $7.46 billion, up from $6.37 billion in 2011. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. It includes passive and active RFID.
Detailed forecasts are now available in the recently updated RFID Forecasts, Players and Opportunities 2012-2022 .
Cumulative Progress to 2012
At the start of 2012, the cumulative number of RFID tags sold over the last 65 years was 15.1 billion. 20% of that number were sold in 2011. In many sectors, particularly airline baggage and post, UHF RFID demand has failed to live up to expectations - by a long way. For several years capacity has far exceeded demand and those involved in UHF passive RFID tag manufacture are still not profitable over the term of their investment in the topic. This led to a significant amount of consolidation from 2007-2009, particularly of UHF tag manufacture. In contrast, most of the companies involved in passive HF tag supply are profitable. However, from 2011 onwards there has been strong growth in passive UHF tag demand with Impinj, Avery Dennison and others emerging as leaders. Others such as Smartrac have been acquiring companies creating a large RFID business.
Market analysis by a huge number of parameters
Using new, unique information researched globally by IDTechEx technical experts, we analyze the RFID market in many different ways, with over 190 tables and figures in this report. They include detailed ten year projections for passive RFID in all market segments, including high value niche markets, active vs passive, interrogators, NFC, markets by frequency, markets by geographical region, label vs non label, chip vs chipless, markets by application, tag format and tag location. Cumulative sales of RFID are analyzed as are the major players and unmet opportunities. It covers the emergence of new products, legal and demand pressures and impediments for the years to come.
Wireless Sensor Networks 2012-2022 www.IDTechEx.com/wsn