A recent IDTechEx report on RFID highlights how, in 2010, the value of the entire RFID market amounted to $5.63 billion, up from $5.03 billion in 2009. This includes tags, readers and software/services for RFID cards, labels, fobs and other form factors. $3.27 billion of the total $5.63 billion was spent on non-car like structures – from RFID labels to active tags.
The report summarizes research that includes interviews with RFID adopters and solution providers in the various applicational RFID markets.
In total, 2.31 billion tags were sold in 2010 versus 1.98 billion in 2009. Most of that growth was from passive UHF RFID labels.
Read more about this RFID forecast report.
Additionally, ABI Research recently conducted its annual survey of RFID end-users, which found that about one fifth of responding organizations spent more than $1 million each on RFID in 2010.
See an overview of the results from the firm’s annual survey of key influencers at organizations that use RFID technology, those that plan to install, those that have evaluated, and those not using RFID technology.