RFID Changes Course

No one doubts that $5 billion is being spent on RFID this year and that that figure will more than quintuple by 2017. Of the 2007 figure, IDTechEx sees 40% in China. Indeed Sparkice of China independently said 30-50% ongoing. To cut it another way, IDTechEx calculates that 40% of sales come from only eleven companies and, in the main, these are not famous in the RFID industry. They include Assa Abloy (secure access and ID), Lockheed Martin (Military and heavy logistics), ERG (mass transit), Allflex (cattle), Mark IV Industries and TransCore (road tolling and heavy logistics), NXP and the Chinese suppliers we mentioned earlier. RFID has changed course. Many of the 1000 other suppliers that share the remaining 60% of the market need to reconsider where the market is leading them.