News: Revenue continues to grow. Online file sharing and content management outfit Box took a step closer to becoming a profitable company according to its Q2 2017 financial results. Revenue in Q2 stood at $95.7 million, up 30% year-over-year, while billings increased by 34% year-over-year to hit $106.5m.
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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.
"Global MEMS Industry 2013-2018: Trend, Profit, and Forecast Analysis"is forecast to reach an estimated $14.2 billion in revenue by 2018, with good growth over the next five years.
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