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The Global RFID Market - The Trend Today and What Lies Ahead


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Frost & Sullivan Analyst Briefing on the Global RFID Market current and future trends

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The Global RFID Market - The Trend Today and What Lies Ahead

  1. 1. The Global RFID Market – The Trend Today and What Lies Ahead ANALYST BRIEFING Frost & Sullivan’s Growth Consulting can assist with your growth strategies
  2. 2. Analyst Bio Susan Sahayan Research Analyst Electronics and Security Asia Pacific Bachelor of Electrical & Electronics Engineering, Universiti Tenaga Nasional, Malaysia Susan Sahayan is a Research Analyst with the Electronics and Security Practice, Asia Pacific at Frost & Sullivan. She is responsible for analyzing market trends and developments in the radio frequency identification (RFID) and security sector. Prior to joining Frost & Sullivan, Susan was involved in the electronics industry, focusing on product engineering for flash memory and microprocessor devices. She contributed towards yield improvement, cost reduction and quality control efforts for the final testing stages for microprocessors and flash memory products.
  3. 3. Focus Points Introduction to RFID Benefits 1 RFID Market Overview 2 RFID Market Drivers and Restraints 3 RFID Vertical Markets and Opportunity Analysis 4 RFID Market and Technology Trends 5 Way Forward 6
  4. 4. Introduction to RFID Benefits <ul><li>Barcode </li></ul><ul><li>Line of sight </li></ul><ul><li>required </li></ul><ul><li>- Short read range </li></ul><ul><li>One time write </li></ul><ul><li>Human labor </li></ul><ul><li>needed </li></ul><ul><li>- One read at a time </li></ul><ul><li>RFID </li></ul><ul><li>No line of </li></ul><ul><li>sight required </li></ul><ul><li>Long read </li></ul><ul><li>range </li></ul><ul><li>Rewritable </li></ul><ul><li>Automated </li></ul><ul><li>Multiple reads </li></ul><ul><li>at a time </li></ul><ul><li>RFID is an automatic identification </li></ul><ul><li>method, storing and remotely retrieving data </li></ul><ul><li>using devices called RFID tags. </li></ul><ul><li>RFID was used since World War II to </li></ul><ul><li>identify enemy airplanes. </li></ul><ul><li>Basic components for an RFID system </li></ul><ul><li>are made up of tags, readers and </li></ul><ul><li>middleware/software. </li></ul>
  5. 5. RFID Market : Overview Source: Frost & Sullivan. The Americas <ul><li>North America : </li></ul><ul><li>High awareness of </li></ul><ul><li>RFID </li></ul><ul><li>High volume </li></ul><ul><li>deployments </li></ul><ul><li>in progress </li></ul><ul><li>South America : </li></ul><ul><li>Emerging awareness </li></ul><ul><li>in RFID </li></ul><ul><li>Future high growth </li></ul><ul><li>potential </li></ul>Europe, Middle- East and Africa <ul><li>Africa : </li></ul><ul><li>Low penetration of RFID </li></ul><ul><li>Many greenfield </li></ul><ul><li>opportunities </li></ul><ul><li>Middle-East : </li></ul><ul><li>Increasing awareness </li></ul><ul><li>High number of pilots </li></ul><ul><li>Europe: </li></ul><ul><li>High awareness </li></ul><ul><li>Active in deployments </li></ul><ul><li>and pilots </li></ul>Asia Pacific <ul><li>Fairly advanced </li></ul><ul><li>in RFID </li></ul><ul><li>deployments </li></ul><ul><li>Highest growth </li></ul><ul><li>region </li></ul>
  6. 6. RFID Market : Overview Note: All figures are rounded; the base year is 2009. Source: Frost & Sullivan Geographic Penetration by Region (World), 2009 Revenue by Product Type (World), 2009 <ul><li>The Americas currently accounts for the majority of the RFID revenues in the world. It has a more mature market. </li></ul><ul><li>The EMEA and APAC regions are catching up quickly, driven by technological advancements and the need for operational improvement in business processes. </li></ul><ul><li>In 2009, RFID tags continued to be the largest contributor to RFID market revenues, followed by the middleware and software revenues and the RFID reader revenues. </li></ul>
  7. 7. RFID Market : Key Drivers Source: Frost & Sullivan. Governments playing a key role Return on investments The need to improve operational efficiency Advancements in UHF technology Declining costs make RFID more adoptable
  8. 8. Lack of skills from different parties (end-users, system integrators) Source: Frost & Sullivan. RFID Market : Key Restraints Inadequate infrastructure High cost of implementation Budgetary constraints due to the recession Lack of standards
  9. 9. RFID Market : Vertical Markets (World) Note: All figures are rounded; the base year is 2009. Source: Frost & Sullivan RFID Market: Percent of Revenues by Vertical (World), 2009 RFID Market: Percent of Revenues by Vertical (World), 2016 <ul><li>The transportation and industrial verticals were the largest verticals contributing to world RFID revenues in 2009. </li></ul><ul><li>The industrial vertical market is likely to continue to grow, and is expected to account for 25.53 percent of the RFID revenue in 2016, while the transportation vertical is likely to experience a slight decrease in market share. </li></ul><ul><li>Other applications will also increase through the forecast period and will account for 23.9 percent in 2016. </li></ul>
  10. 10. RFID Market : Opportunity Analysis (World), 2009 Growth rate Source: Frost & Sullivan Low High Market Size Average growth High growth Transportation Industrial Others Retail Healthcare Education Note: Others vertical include livestock, aviation, government, laundry, postal and emerging applications High growth rates Medium growth rates
  11. 11. TRADITIONAL APPLICATIONS Source: Frost & Sullivan Text EMERGING APPLICATIONS (SHORT TERM) Healthcare Manufacturing Pharmaceutical Postal / Courier Livestock Transportation Supply chain management Security, asset tracking, access control FUTURE APPLICATIONS (LONG TERM) Realization of the “ Internet of Things” concept RFID Market Trend Analysis RFID Market: Market Trends Analysis (World), 2009 Laundry Casino Sports timing
  12. 12. Short term RFID Technology Trend Analysis Medium to Long Term Source: Frost & Sullivan. Text Continued advancement in UHF technology The RFID market will be expected to continuously grow in future Improvement in battery life span Convergence of RFID with wireless RTLS,GPS,GPRS technologies Innovation of multi-type tag technology Advancement in semi-passive technology Growth in printed RFID applications
  13. 13. Way Forward …. Aviation Sports timing Transportation Livestock Retail Logistics Industrial Strategic recommendations for market players Source: Frost & Sullivan.
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  17. 17. For Additional Information Carrie Low Corporate Communications Asia Pacific 603 6204 5910 [email_address] Susan Sahayan Reseach Analyst Electronics & Security 603 6204 5826 [email_address] Parul Oswal Industry Analyst Electronics & Security 65 6890 0974 [email_address]
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