RFID/GPS/Location Channel

RFID market grows 17% in one year to $9.2B

New research conducted by IDTechEx, and published in the report "RFID Forecasts, Players and Opportunities 2014-2024," finds that the RFID market - including tags, readers, software and services, for passive and active RFID - will grow from $7.88 billion in 2013 to $9.2 billion in 2014. Most growth is due to active RFID/RTLS systems, interrogators, and then tags, in terms of total money spent.


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$2.6B GPS fitness device market overshadowed by smart devices and wearables

Despite major GPS fitness device OEMs announcing new fitness products at CES 2014, it looks like an increasingly difficult battle between smart devices and wearables. Garmin launched its Vivofit fitness band and Vivoki/Vivahub corporate wellness solution. Magallen is one of the few companies in the GPS device OEM space that continues to show flashes of innovation, opening up its Echo watch platform to a range of third party smartphone application developers.


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