RFID Research: According To New RFID Forecasts, The Value Of The Entire RFID Market Will Be $5.29B In 2008

Research and Markets has announced the addition of RFID Forecasts, Players & Opportunities 2008-2018 to their offering.

This report is the summation of extensive new research in late 2007 and early 2008 including interviews with RFID adopters and solution providers in the various applicational RFID markets, giving an unprecedented level of insight into the total RFID industry and what is really happening. In 2008 the value of the entire RFID market will be $5.29B, up from $4.93B in 2007. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. By far the biggest segment of this is RFID cards, and $2.26B of the total $5.29B being spent on all other forms of RFID - from RFID labels to active tags.

The tagging of pallets and cases as demanded by retailers (mostly in the US) will use approximately 325 million RFID labels in 2008, but we see strong take off in retail outside mandates, such as from Marks & Spencer who have used well over 100 million RFID tags to date. The tagging of animals (such as pigs and sheep) is quickly taking off as it becomes a legal requirement in many more territories, with 90 million tags being used for this sector in 2008. This is happening in regions such as China and Australasia. In total, 2.16 billion tags will be sold in 2008 versus 1.74 billion in 2007 and 1.02 billion in 2006.

This comprehensive report gives the complete picture with detailed forecasts at a price unmatched by others.

Market analysis by a huge number of parameters

Using new, unique information researched globally by IDTechEx technical experts, we analyse the RFID market in many different ways, with over 180 tables and figures. They include detailed ten year projections for EPC vs non-EPC, high value niche markets, active vs passive, readers, 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.

Which sectors are booming and which are under performing? This report examines each sector in turn. Those doing well in numbers sold are sometimes much less impressive in dollars taken and vice versa.

Highly profitable 'niche' markets analyzed

Major players now and in the future in the various parts of the value chain are identified and the big orders and milestones now and in the future are analysed, such as the rollout of the $6B national ID card system in China. Of course, not everyone will want to serve the severely price constrained, highest volume markets. For them, we examine many niches of at least one billion dollars potential that are emerging and many smaller opportunities where there is even less competition. They include:

• Passports in the face of new terrorism resulting in new laws
• Livestock and food traceability in the face of new laws, bioterrorism, avian flu, BSE, fraud with subsidies etc.
• Intermodal containers (Smart and Secure Tradelanes and other initiatives)
• Healthcare
• Those in prison and on parole
• Ubiquitous Sensor Networks (USN), for warning of natural disasters, military and other purposes

For more information visit www.researchandmarkets.com/reports/c84146

SOURCE: Research and Markets