" We forecast that in 2009 the value of the RFID market will grow by 23% over 2008, and in 2010 it will grow by 25% over 2009"

   In 2008 the value of the entire RFID market will be $5.29 billion, up from $4.93 billion in 2007. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. By far the biggest segment of this is RFID cards, and $2.26 billion of the total $5.29 billion being spent on all other forms of RFID - from RFID labels to active tags.
   The tagging of pallets and cases as demanded by retailers (mostly in the US) will use approximately 325 million RFID labels in 2008, but we see strong take off in retail outside mandates, such as from Marks & Spencer who have used well over 100 million RFID tags to date. The tagging of animals (such as pigs and sheep) is quickly taking off as it becomes a legal requirement in many more territories, with 90 million tags being used for this sector in 2008. This is happening in regions such as China and Australasia.  In total, 2.16 billion tags will be sold in 2008 versus 1.74 billion in 2007 and 1.02 billion in 2006.
   This comprehensive report from IDTechEx gives the complete picture with detailed forecasts at a price unmatched by others.

 

VSMC RFID PRODUCT-LINES :

. RFID CHPS & SYSTEMS FOR MARITIME, AGRICUTURAL, RETAIL PRODUCTS
     Designed for monitoring goods from growers/producers or distributors, retailers.
. RFID CHIPS & SYSTEMS FOR  ATM CARD, CREDIT CARD, SMART CARD, BUS-TICKETING CARD...