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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.
Purchasers receive an electronic PDF and (optional) printed copy of this 266 page report, a separate functional spreadsheet of the forecasts, six months access to the monthly IDTechEx journal RFID Analyst worth $500 and access to report updates throughout the year.
In 2008 the value of the entire RFID market will be $5.29 billion, up from $4.93 billion 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 $2.26 billion of the total $5.29 billion 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 from IDTechEx gives the complete picture with detailed forecasts at a price unmatched by others.