As UHF RFID becomes more prevalent, RAIN RFID is working to gain more acceptance for the technology.
David Savastano, Editor09.09.15
Passive UHF radio frequency identification (RFID) tags, or RAIN RFID tags, has become a huge business, with estimates of more than four billion to six billion tags being sold this year alone.
Chainlink Research has reported that approximately 6.5 billion UHF RFID chips will be sold in 2015, and states that retail RFID tag consumption should grow at about 34% over the next three years. In addition, Chainlink Research estimates that the industry as a whole will exceed 10 billion UHF chips sold annually within two years, and will ship just under 100 billion chips cumulatively from 2011-2020.
IDTechEx reported that the compound annual growth rate (CAGR) of RAIN RFID from 2012-14 was 17.8%, with 3.84 billion RAIN RFID tags being sold in 2014. Moving forward, IDTechEx estimates that the CAGR from 2015-20 will be 26%, with 18.8 billion RAIN RFID tags expected to be sold in 2020. IDTechEx cites tagging apparel as the biggest application in 2015 of RAIN RFID at present.
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