The demand for RFID Systems is ever increasing. The report discusses the RFID Industry figures to go up from US $1.95 billion in 2005 to $26.9 billion in 2015. The RFID vendors are increasingly gaining from the sale of RFID hardware components.
The RFID applications are used for security/access control, toll collection, animal tracking, automobile immobilization, and many others. Newer applications are being developed where the RFID Systems can be used, specially in the United States. Various end users in the vertical markets will be able to derive direct benefits from the RFID systems integrators. Different plans that have been implemented in the economic sectors: Wal-Mart, Metro AG, Target, Tesco, and the US Department of Defense.
More consumer goods item level tagging will open new leads in the RFID market. This can lead to reduced costs and labors of the vendors and lesser crimes against theft. Better customer satisfaction is another area that can be tapped easily by investment in the RFID sector.
The report discusses the issues that have helped in shaping the current demand of the RFID industry, revenue generation, future estimates, costs, future opportunities, market insights, and the issues that impact the industry.
Report highlights:
- Market estimates and forecast from 2003 to 2008 for RFID hardware, software, services, applications, and vertical sector.
- Geographical segregation of the RFID market.
- Trends of the industry and the profiles of the major players.
- Demand projections.
- Major Vendors of the RFID industry by Transponder And Reader System, Supply-Chain Software, and Systems Integrators
- Recent developments of the industry.
Report features:
The market research report “RFID Industry—A Market Update” discusses the trends, figures, business opportunities, and future growth of the RFID Industry. The report sums up the RFID Industry in detail. Chapters 1,2 and 3 discuss the overview of the industry and its present status in the market. The opportunities, current trends, and recent issues are discussed in chapter-4. The major RFID vendors are talked about in chapter-5. The report can give an exclusive insight to the analysts, industry experts and strategy makers along with many others about the RFID Industry as a whole.
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