Group items tagged

In 2012 the value of the entire RFID market will be $7.46 billion, up from $6.37 billion in 2011. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. It includes passive and active RFID. In retail, RFID is seeing rapid growth for apparel tagging - that application alone demands 1 billion RFID labels in 2012. RFID in the form of tickets used for transit will demand 500 million tags in 2012. The tagging of animals (such as pigs, sheep and pets) is now substantial as it becomes a legal requirement in many more territories, with 294 million tags being used for this sector in 2012. This is happening in regions such as China and Australasia. In total, 3.98 billion tags will be sold in 2012 versus 2.93 billion in 2011. Most of that growth is from passive UHF RFID labels, however, at that frequency suppliers are still barely profitable so far.

In retail, RFID is seeing rapid growth for apparel tagging - that application alone demands 1 billion RFID labels in 2012. RFID in the form of tickets used for transit will demand 500 million tags in 2012. The tagging of animals (such as pigs, sheep and pets) is now substantial as it becomes a legal requirement in many more territories, with 294 million tags being used for this sector in 2012. This is happening in regions such as China and Australasia. In total, 3.98 billion tags will be sold in 2012 versus 2.93 billion in 2011. Most of that growth is from passive UHF RFID labels, however, at that frequency suppliers are still barely profitable so far.

RFID technology is capable to overcome all the shortcomings of barcode technology such as data inaccuracy, line of sight issues and excess time consumption.India RFID Market Forecast to grow at the CAGR of around 25% during 2013-2018.