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Report: RFID Industry to Grow 17% in 2014 and be Worth $30.2 Billion by 2024

Report: RFID Industry to Grow 17% in 2014 and be Worth $30.2 Billion by 2024

New research conducted by IDTechEx called “RFID Forecasts, Players and Opportunities 2014-2024,” finds that the RFID market—including tags, readers, software and services, for passive and active RFID—will grow from $7.88 billion in 2013 to $9.2 billion in 2014. Most growth is due to active RFID/RTLS systems, interrogators, and then tags, in terms of total money […]

March 25 2014 | Posted in RFID Industry, RFID News | Read More »

Report: Worldwide RFID Market to Grow 20%+ Annually 2014 – 2018

Report: Worldwide RFID Market to Grow 20%+ Annually 2014 – 2018

The analysts forecast the Global RFID market to grow at a compound annualized growth rate of 22.4% over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for RFIDs in the Retail segment. The Global RFID market has also been witnessing the increased R&D spending by vendors. […]

January 6 2014 | Posted in RFID Industry, RFID News | Read More »

Boost in RFID from Gigantic Growth of Internet of Things (IoT) and Internet of Objects (IoO)

Boost in RFID from Gigantic Growth of Internet of Things (IoT) and Internet of Objects (IoO)

The Internet of Things is a concept whereby any item can connect to the Internet to retrieve information to enhance its intrinsic value. The scope of the Internet of Things (IoT) is therefore very broad. It includes communicating devices and M2M but it aims to go beyond M2M by enabling any object to connect and […]

September 8 2013 | Posted in RFID Industry, RFID News | Read More »

Global & Canada RFID Search Trends 2013: What Countries and Cities Are Looking for RFID?

Global & Canada RFID Search Trends 2013: What Countries and Cities Are Looking for RFID?

(RFID World Canada) RFID is a fast growing billion dollar global industry and RFID companies have been evolving over the last few years, especially with the strong growth around NFC technology. We all know RFID is widely used around the world, by public and private sectors. Demand on search engines can act as an insightful […]

August 18 2013 | Posted in RFID Industry, RFID News | Read More »

RFID Industry in India Set to Grow at an Annual Rate of 25% Until 2018

RFID Industry in India Set to Grow at an Annual Rate of 25% Until 2018

Strong and upwards demand for supply chain management, developing organized retail market and increasing government projects are building the growth of RFID market in India. Radio Frequency Identification (RFID) is an automatic identification process that provides a unique identification to objects. The rapidly increasing industrialization and commercialization is invigorating the companies to invest in RFID […]

July 29 2013 | Posted in RFID Industry, RFID News | Read More »

China’s RFID Technology Market to Almost Double in 2017 to $807 Million

China’s RFID Technology Market to Almost Double in 2017 to $807 Million

Driven by the government’s focus on the futuristic Internet of Things – embedding connectivity and intelligence in everyday objects – and a surge in private sector growth, China’s RFID card market will nearly double in value and more than double in units in 2017, according to Lux Research. The RFID card/tag market volume will grow […]

June 7 2013 | Posted in RFID Industry, RFID News | Read More »

Apparel RFID Industry to Grow at Double the Rate of Overall RFID Market

Apparel RFID Industry to Grow at Double the Rate of Overall RFID Market

The RFID tagging of apparel is now the largest and fastest growing application of RFID in retailing, the retail supply chain and associated industries. About 100 organizations are tagging apparel in trials and rollouts. Just two – taken together – will buy 500 million tags yearly. According to new IDTechEx analysis, the systems and tag […]

January 11 2013 | Posted in Retail RFID, RFID Industry, RFID News | Read More »

Global Chipless RFID Market to Continue to Grow 27% by 2015

Global Chipless RFID Market to Continue to Grow 27% by 2015

TechNavio’s analysts forecast the Global Chipless RFID market to grow at a CAGR of 27.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for low-cost RFID. The Global Chipless RFID market has also been witnessing the increasing investment in R&D. However, the low effectiveness […]

January 5 2013 | Posted in RFID Industry, RFID News | Read More »

Medici Subsidiary Licenses US-Based RFID Patent Portfolio

Medici Subsidiary Licenses US-Based RFID Patent Portfolio

The Medici Portfolio, LLC today announced that Andraste LLC, a Medici-managed company, has opened its licensing program on the RFID  patent portfolio developed by Chester Przygoda, Jr., founder of USM Systems, Ltd. (USMS). The patent portfolio includes four U.S. patents, each entitled “Event Driven Information System.” Mr. Przygoda founded USMS in 1995 in Berkley, Michigan. […]

December 21 2012 | Posted in RFID Industry, RFID News | Read More »

Chipless RFID Market Growing at Almost 30% to $3.9 Billion by 2016

Chipless RFID Market Growing at Almost 30% to $3.9 Billion by 2016

The latest report named “Chipless RFID Market (2011 – 2016) – Global Forecasts by Applications (Retail, Supply Chain, Aviation, Healthcare, Smart Card, Public Transit & Others)” defines and segments the retail, supply chain, aviation, healthcare, smart card, public transit and others market with analysis and forecasting of the global revenues for all the products. It […]

December 9 2012 | Posted in RFID Industry, RFID News | Read More »