"Europe is an interesting territory for RFID. So far, it lacks the huge orders in the USA, with two $0.5 billion projects currently being serviced there, and in China with the huge card and library schemes," says Dr Peter Harrop, Chairman, IDTechEx.
IDTechEx, along with other analysts, forecast the printed electronics market. While some agree others give widely different figures. After analyzing the industry for nine years, IDTechEx has just completed a new report covering the forecasts of the industry in great detail. Here Raghu Das, CEO, summarises the findings giving that crucial detail behind our forecasts.
Over 600 attendees registered for the IDTechEx Printed Electronics Europe Conference and Exhibition.
Last year, about $2.5 billion was spent on tags and systems at HF (13.56MHz), ten times the amount on RFID at any other frequency and representing 50% of the global RFID market. Now IDTechEx tracks a rush of technology innovation and new market opportunities.
What a difference a year makes. RFID progress from highlights at the IDTechEx RFID Smart Labels USA event.
The largest RFID orders - here comes China - huge advances coming in HF RFID - new vibrant technologies.
The new IDTechEx report RFID Forecasts, Players & Opportunities 2008-2018 is the summation of extensive new research in late 2007 and early 2008 including interviews with RFID adopters and solution providers in the various applicational RFID markets, giving an unprecedented level of insight into the total RFID industry and what is really happening. Here Raghu Das, CEO, gives a summary of our findings.
Replacing the silicon chip: progress with printed RFID.
Zebra Technologies has recently bought several impressive RFID companies, putting over $200 million on the table. In different RFID sectors, Assa Abloy buys at least one RFID company every year. Inside Contactless has just raised $38 million to boost its effort on RFID enabled mobile phones with the world's largest mobile phone manufacturer Nokia leading the group of investors. Clearly RFID is taking off - big time.
In the build up to the annual IDTechEx RFID USA event in Boston this February and the latest IDTechEx RFID forecasts, Raghu Das reviews RFID progress in 2007.