Passive RFID tags make up $5.01 billion and RFID readers $2.85 billion.
IDTechEx Research released its latest RFID report titled "RFID Forecasts, Players and Opportunities 2018-2028."
Based over 18 years of experience assessing the RFID market, and with direct input from vendors across the supply chain, the report provides detailed historic sales going back to 2005 to forecasts through to 2028, segmented by application for each key frequency for passive RFID in addition to assessing the RFID reader and active RFID market size.
In total, IDTechEx Research finds that the RFID industry will be a business worth $11 billion in 2018. Of that, passive RFID tags make up $5.01 billion and RFID readers $2.85 billion.
The numbers of units sold and their average sales price (ASP) vary across the range of choices. In 2018, IDTechEx expects that 11.5 billion RAIN RFID labels (RFID operating at ~900MHz) will be sold, versus 4.0 billion HF devices (RFID operating at 13.56MHz). The sales of ICs are higher in the year since it takes tim
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