Subscribe to our free, weekly email newsletter!


Management Update: Overall RFID market to hit $5.35 billion.

By Staff
April 01, 2010

A new market data report released by ABI Research predicts that the overall RFID market will reach $5.35 billion this year, a glimmer of optimism after the economic slide required the firm to adjust its RFID forecasts downward for 2009 and 2010. ABI said that their forecast is for steady growth through the next five years, adding that it expects the overall RFID market to exceed $8.25 billion in 2014, representing a 14 percent compound annual growth rate (CAGR) over the next five years. The report, Semi-Annual RFID Market Data, contains extensive data on RFID revenues and unit shipments segmented by technology, application, and vertical market.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Matson, Inc., a leading U.S. carrier in the Pacific, is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.

Josh Green, CEO of Panjiva, an online search engine with detailed information on global suppliers and manufacturers, said despite the recent trends coming out of China, it is important to remember is that on a big picture level, its impact on the global economy is big and growing.

Diesel gasoline’s average price per gallon dropped for the ninth week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.

Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.

Does your organization struggle with the integration of information between your internal systems, processes and partner portals? You're not alone! Kapow Software alongside EFT has surveyed over 200 organizations regarding the importance of information access, visibility and discusses some of the major goals for supply chain and logistics organizations.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA