World RFID Market to Reach 20 Billion USD in 2014?
(RFID World Canada) A new research report “Global RFID Market Forecast to 2014″ elaborated by RNCOS E-Services has been recently published. According to the report, the global radio frequency identification (RFID) market is expected to grow at a compound annual growth rate of around 18% through 2014 to reach approximately USD 19.3 billion. The RFID market in the Asia-Pacific is growing at a faster rate than those of Europe and America.
The phenomenal growth in the various emerging RFID applications under different verticals will outpace the other automatic identification technologies, like barcode. Last year, the maximum demand for the RFID came from the transportation sector, whereas retail emerged as the fastest growing vertical.
New research report “Global RFID Market Forecast to 2014″ elaborated by RNCOS E-Services has been recently published by Market Publishers Ltd. The research report features unbiased analysis and forecast for the RFID market from a global perspective, with a focus on the world’s major regions: America, Europe and the Asia Pacific. It also gives a brief analysis and outlook for the market of chipless RFID. Statistical tables and charts providing country-level data for the RFID market are also included. The study analyzes RFID tags, reader and software/services market and presents the forecasts for these product segments. It also details the key market drivers as well as major restraints to the growth of the global RFID deployments.
The content of the report is broken down by the following table of contents:
1. Analyst View
2. Research Methodology
3. RFID Market
4. Product Level Analysis
5. Vertical Segmentation Analysis
6. Regional-Level Analysis
7. Chipless RFID Market Outlook
8. Growth Drivers
9. Growth Inhibitors