RFID in China booms to $2.8 billion in 2020
Now China has also rapidly become a large exporter of RFID, going from having a global market supply share in UHF RFID inlays of less than 10% in 2012 to 30% in 2015, mainly used to tag apparel by clothing retailers around the world.
In the new report titled RFID in China 2015-2025, IDTechEx Research provides a full study and assessment of the prospects of the RFID market in China. The research was carried out by IDTechEx analyst Dr Xiaoxi He based on interviews conducted in China in addition to the full knowledgebase of RFID market and business intelligence from IDTechEx led by Raghu Das, achieved over 15 years of studying the entire RFID market.
In 2015, 80% of the RFID systems deployed in China will be based on HF RFID (operating at 13.56MHz), but UHF RFID adoption is growing quickly although lagging the US and Europe. As a result UHF chip design/manufacturing development has been listed as one of the priorities in China's IoT development, culminating in several government funded programs to develop UHF RFID readers, for example.