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According to IDTechEx's enquiry, the overall market value of RFID in 2017 was approximately $112 billion, rising from $105.2 billion in 2016 and $99.5 billion in 2015. The statistics include: label, reader, RFID tag, card, coil and other carrier software / integration services (including passive and automatic tags). IDTechEx also estimates that by 2022, its output will reach $149 billion.

Label application

In the retail industry, the clothing industry is still using RFID tagging continuously, but in terms of application volume, across the other uses, in 2017, the demand for clothing labels reached 87 billion. In the latent market category of all clothing properties, the penetration rate of RFID in 2017 is less than 20%, and there is room for growth. In addition, the demand for RFID in the ticket label has reached 825 million. Animal labeling (eg, pigs, sheep, cattle, pets, etc.) also has great potential. In many countries, a section of the law has been established, and in 2017, the application reached 48 million labels.

Overall, IDTechEx estimates that the number of label sales in 2017 was 182 billion. Compared to the 152 billion sales in 2016, the growth of the department was derived from the passive UHF UHF label. However, in terms of sales volume, UHF UHF tags account for only 25% of the high-frequency HF tag sales, because high-frequency HF is used in the security control department's tags (eg, buying, selling, access control), relatively speaking It is higher price than the popular UHF UHF disposable label.