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Transportation Sector to Drive Global RFID Market Finds RNCOS - With countries deploying RFID into their transportation sector, the global RFID market is projected to grow at a CAGR of around 28% during 2010-2013
Transportation Sector to Drive Global RFID Market Finds RNCOS

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2010/06/11 - With countries deploying RFID into their transportation sector, the global RFID market is projected to grow at a CAGR of around 28% during 2010-2013.

   
 
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As per our research report “Global RFID Market Analysis till 2010”, several countries across the globe, including US, UK, China, India, Russia and Brazil, have been using RFID technology in their transportation sectors. This will lead the RFID market worldwide to grow at a CAGR of around 13% through 2013, with revenue projected to rise to US$ 2 Billion by 2013 end. Our research has also found that Asia-Pacific will witness the highest growth in RFID revenue, owing to the rapid adoption of RFID applications by countries like China, India, South Korea, Taiwan and Thailand.

Global RFID market has been analyzed in the report with the help of various segments. These segments include regional level analysis, verticals analysis and market overview. Market overview further details RFID industry by Revenue, Frequency, Tags, Transponders and Readers. On regional basis, the report provides RFID market overview of North America, Europe, Asia-Pacific and Middle East. In order to get a clearer picture, major countries in these regions have been analyzed separately.

Our analysts have thoroughly assessed the technology and the development that are taking place in the RFID market across the globe. Various benefits and features of RFID technology have been presented in the report. The report, besides featuring all the market drivers, studies the major roadblocks that can obstruct the growth of the market, so as to help clients evaluate the probable complexities in the market before making any investment decision. The government sector which is crucial for the success of any technology has also been evaluated by our team of analysts.

“Global RFID Market Analysis till 2010” is a comprehensive research report that comprises quality research and in-depth analysis on the RFID industry worldwide. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, expected future outlook and all the other factors which are critical to the success of a new entrant in the RFID market.

Report/IM576

About RNCOS

RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
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Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

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Transportation Sector to Drive Global RFID Market Finds RNCOS

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