RFID Gazette: By 2014 RFid labels to account for more than 85% of the market share

February 15, 2006

By 2014 RFid labels to account for more than 85% of the market share

According to a study conducted by the Freedonia group, by 2014 RFid labels would account for more than 85 % of the market share whereas the share of EAS labels would drop sharply. As the RFid market develops over the next several years, the US demand for smart labels is expected to increase more than 11 % annually to 8 billion units in 2009. With the introduction of item level RFid tagging on higher priced items in the nest decade, the demand would rise sharply to over 50 billion units in by 2014. The fastest rise is expected in the RFid label segment.

via [TMCnet]

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February 15, 2006 in Business | Permalink