Wi-Fi RFID Tag Market to Grow More Than 100% Per Year Through 2010
SCOTTSDALE, Ariz., May 22, 2007 -
Despite some hurdles to overcome, Wi-Fi RFID tag shipments will grow at over 100% annually through 2010, reports In-Stat (http://www.in-stat.com). 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 Schoolar, In-Stat analyst. “G2 MicroSystems, the only tag-specific chip vendor, has made strides 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 tag shipments reached 135,000.
Key verticals for growth will be healthcare, heavy manufacturing, transportation, and logistics.
Recent In-Stat research, Where is It? - The Worldwide Market for Wi-Fi RFID (#IN0703887WS), 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 enterprise 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.
This report is part In-Stat’s Wireless LAN service, which examines new applications for Wireless LAN (WLAN) in the business, home, and public sector. Covers emerging technology trends, as well as extension technologies like wireless mesh networking and wireless security. Included are forecasts, market perspectives, and segmentation (by technology and application) for WLAN chipsets and end-products.
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