In-Stat Projects Wi-Fi RFID Tag Market to Grow More Than 100% Per Year Through 2010
Posted on: Tuesday, 22 May 2007, 15:00 CDT
Despite some hurdles to overcome, Wi-Fi RFID tag shipments will grow at over 100% annually through 2010, reports In-Stat (http://www.in-stat.com). The technology is attractive because Wi-Fi RFID allows businesses to leverage their existing Wi-Fi investments for asset tracking, the high-tech market research firm says.
"Historically, one of the key weaknesses of this market has been the short battery life of asset tags," says Daryl Schoolar, In-Stat analyst. "G2 MicorSystems, the only tag-specific chip vendor, has made strides in overcoming this weakness, with multi-year battery life now a reality."
Recent research by In-Stat found the following:
AeroScout shipments accounted for the majority of all Wi-Fi RFID tags in 2006.
2006 worldwide Wi-Fi RFID tag shipments reached 135,000.
Key verticals for growth will be healthcare, heavy manufacturing, transportation, and logistics.
The research, "Where's It At?--The Worldwide Market For Wi-Fi RFID" (#IN0703887WS), covers the global market for Wi-Fi RFID. It contains forecasts for worldwide Wi-Fi RFID tag shipments and revenue, worldwide PCs embedded with Wi-Fi, and worldwide enterprise wireless access point shipments through 2011. It also includes profiles of major vendors, and analysis of RFID standards and technologies. Market share information is provided.
For more information on this research or to purchase it online, please visit:
http://www.instat.com/catalog/wcatalogue.asp?id=167 or contact a sales representative:
Eastern North America: Tina Sheltra, 480.609.4531; tina.sheltra@reedbusiness.com
Western North America: Erin McKeighan, 480.609.4551; emckeighan@reedbusiness.com
Outside of North America: http://www.instat.com/sales.asp
The price is $2,495 (US).
About In-Stat
Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat's experienced staff and in-depth research to support critical business, product and technology decisions. In-Stat's insights are derived from both a deep technology understanding and comprehensive research, which examines each segment of the value chain for each market. Regular and ongoing end-user demand and primary research surveys underpin much of the analysis, enabling In-Stat to provide incisive market knowledge and guidance on future market opportunities.
In-Stat is a strategic segment of the $9 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the U.S.
Source: Business Wire
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