Wi-Fi RFID Tag Market to Grow More Than 100% Per Year Through 2010
(Business News & Technology News, 23 May 2007)
Despite some hurdles to overcome, Wi-Fi RFID tag shipments will grow at over 100 percent annually through 2010, according to market research firm In-Stat. The technology is attractive because Wi-Fi RFID allows businesses to leverage their existing Wi-Fi investments for asset tracking.
"Historically, one of the key weaknesses of this market has been the short battery life of asset tags," said 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."
In-Stat's latest research, "Where¡¯s It At?¡ªThe Worldwide Market For Wi-Fi RFID", also 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.