Management Update: Overall RFID market to hit $5.35 billion.
By Staff
April 01, 2010 - LM Editorial
April 01, 2010 - LM Editorial
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 yourentire logistics operation. Start your FREE subscription today!
Recent Entries
Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.
Retailers and solution providers are once again talking about the Internet of Things.
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in searchable company profiles.
Join Peerless Media’s Group Editorial Director Michael Levans as he gathers five top supply chain management software and technology analysts to attempt to answer that pressing question and share insight into some of hottest technologies and trends that are driving logistics transformation.
The pattern of uneven monthly truck volumes continued into April, according to data released today by the American Trucking Associations (ATA).
Post a comment
Commenting is not available in this channel entry.