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Item Level RFID 2008-2018 Item level RFID is the tagging of the smallest taggable unit of things - the piece of apparel, library book, jewellery, engineering parts and laundry are examples. It used to be thought that item level RFID meant little more than tagging very low cost retail items - something to do last of all. However, it has become big business and far more profitable than many other RFID sectors because it gives excellent paybacks to everyone, not just retailers.
We assess over 100 case studies such as Marks & Spencer in the UK using over 100 Million RFID tags to date to tag clothing and increase sales by reducing stockouts, in addition to others such as American Apparel doing similar work and reporting sales increases by 15% to 25% when all items are available on the floor.
IDTechEx forecasts that the item level RFID business will rise from $251.79 Million in 2008 for systems including tags to $8,263.7 Million in 2018. Detailed forecasts are given including number of tag units sold over the next ten years, average tag price, and tag value, in addition to systems value.
Forecasts are split by the application sectors shown below:
- Item Level RFID - passive RFID
- Drugs
- Other Healthcare
- Retail apparel
- Consumer goods
- Tires
- Postal
- Books
- Manufacturing parts, tools
- Archiving (documents/samples)
- Military
- Other tag applications
Item Level RFID - active RFID
- Pharma/Healthcare
- Manufacturing parts, tools
- Archiving (samples)
- Military
- Other tag applications
Published By: IDTechEx Ltd Date Published: May 2008 * * * * * * Kalorama Annual Subscription This subscription product includes:
- All of Kalorama’s Reports for One Year Forward from order date.
- At least 43 Market Research Reports (almost $400,000 value) in the Pharmaceutical, Diagnostic and Device Fields for One Low Price.
- Plus the entire contents of the Kalorama library (290 Reports, 59,941 pages).
- Tens of thousands of figures and tables.
- Web based with Search function.
- Global Site License, can be used on any company computer.
- Low $75,000 1 year subscription.
About Kalorama Information
- Our customers include top pharmaceutical, diagnostic and device companies.
- Kalorama Information is regularly used as a credible source by major news outlets, such as Genetic Engineering News, Med Ad News, The San Francisco Chronicle, The Wall Street Journal, and UPI.
- Most market research is outsourced or off-shored to “content factories” that lack industry knowledge. Kalorama Information generates its own content
- We utilize established expert industry analysts. Our analyst team consists of journal authors, key note speakers and panelists.
- Our industry analysts will provide conclusions and call markets, not just recite data.
Published By: Kalorama Information Date Published: May 2008 * * * * * *
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