IDTechEx Research finds RFID market exceeds $10bn milestone in 2015

RFID is thriving, reaching total sales of $10.1bn in 2015 with a large scope ahead for continued roll-out in many established markets and growth in new markets. However, companies must consider their positioning as many new players enter the market while the value chain consolidates, finds IDTechEx Research in the new detailed report, RFID Forecasts, Players, Opportunities 2016-2026 which covers the entire industry. 38% of the 2015 market value is for the tags themselves - totalling 9.1bn tags begin sold in 2015, up from 7.8bn tags in 2014.