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Radio Frequency Identification (RFID) - Market Opportunities, Strategies, and Forecasts, 2005 to 2010
WinterGreen Research, Inc., March 2005, Pages: 409
RFID EPC tags represent a high growth market segment in RFID. Markets grow at a solid pace through 2009 when tag prices decline to a penny, then expand. EPC tags are used in retail and the supply chain.
If the market reached shipment in the trillions of tags, costs would be decreased even more significantly by the use of nanoparticles that would be applied to paper in the manner that ink is applied now.
RFID markets at $503 million in 2004 are anticipated to impact multiple market segments including tracking cases and asset management. These applications are anticipated to drive market growth for radio frequency identification technology at an average of 67 percent to more than $3.8 billion in 2011. Major initiatives relate to retailer ability to use electronic tags to track inventory from warehouses to stores.
Implementation plans by Wal-Mart, Tesco, Metro AG and Target, along with the U.S. Department of Defense, has set a pace for rapid growth.
Improvements in asset management and return on invested capital are all derived from greater visibility to inventory and shipments while in transit. This benefit requires that trading partners, especially carriers and transportation providers, improve their infrastructures to capture this information and then make it available to the manufacturers and retailers.
Check Out These Key Topics in this New Report:
- RFID Market Shares and Forecasts
- Technical Challenges
- Key Components
- Customer Base
- Roadblocks
- RFID Standards
- Basic Concepts
- RFID HF vs UHF
- Wireless LAN RF Networking Systems
- RFID Government Regulations
- Inkjet Printing
- RFID With A Battery
- RFID Tag Magnetic Field
- Pharmacutical Tracking
Report Methodology
This is the two-hundred thirty-fifth report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
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