Wi-Fi RFID Tag Market to Grow More Than 100 Percent per Year Through 2010
Despite some hurdles to overcome, Wi-Fi RFID tag shipments will grow at over 100 percent annually through 2010, reports In-Stat.
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 Shoolar, In-Stat analyst. “G2 Microsystems, the only tag-specific vendor, has made stride 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 tags 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 RFID,” 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 enterprises 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.