US
: RFID tags are poised to become the most far-reaching wireless
technology since the cell phone, according to high-tech market research
firm, In-Stat. Worldwide revenues from RFID tags will jump from
$300 million in 2004 to $2.8 billion in 2009. During this period,
the technology will appear in many industries with significant impact
on the efficiency of business processes.
"By far
the biggest RFID segment in coming years will be cartons/supply
chain," says In-Stat analyst Allen Nogee. "This segment
alone is forecasted to account for the largest number of tags/labels
from 2005 through 2009." Wal-Mart, which has mandated that
top suppliers use the technology, will drive this market segment.
In-Stat has
also found that:
The widespread
adoption of the technology will take a couple of years to really
ramp up, as tags are still relatively expensive, ranging from a
low of around $0.15 to a high of over $100.
Privacy issues
remain a concern for many applications of RFID, and currently courts
and governments around the world are in the process of determining
related legal issues.
The second-largest
market for RFID, at least in the latter years of the forecast, is
consumer products, even though this market is one of the most privacy-sensitive
areas.
The report,
"RFID Tags And Chips: Changing The World For Less Than The
Price Of A Cup Of Coffee" (#IN0402440WT),investigates the many
uses of RFID, looks at the costs of making the tags, and examines
many issues, including privacy, that can potentially slow its momentum.
The report contains estimates and a five-year forecast for the number
of tags, revenue from tags, and semiconductor revenue from tags,
broken-down into the following segments: livestock, domestic pets,
humans, cartons/supply chain uses, pharmaceuticals, large freight
containers, package tracking, consumer products, security/banking/purchasing/access
control, and other. In addition, there are estimates and forecasts
for tag/label ASP for each of these segments. To purchase this report,
or formore information, please visit: http://www.instat.com/catalog/scatalogue.asp?ID=3
or contact Tina Sheltra at 480-609-4531; tina.sheltra@reedbusiness.com.The
report is priced at $2,995.00 U.S. Dollars.