Link: IDTechEx: China is Largest RFID Market in 2007.
IDTechEx: China is Largest RFID Market in 2007Monday August 27th, 2007
"China now has the largest RFID market, as measured in terms of aggregate value. This according to research firm IDTechEx of Cambridge, UK, which has just released a new report entitled RFID in China 2007 - 2017. Following are additional findings from the research:
"IDTechEx pegs the Chinese RFID market's value at US$1.9 billion. This figure represents the majority of the estimated $2.7 billion spent in the East Asia region, and 38 percent of the $4.96 billion global market.
"China's market dominance is due to the "peaking" of orders for the nation's contactless identification cards. China has allocated a whopping $6 billion to the national ID card project, $1.65 billion of which will be spent this year on 300 million cards and the necessary infrastructure, according to IDTechEx. (((Yeah, they're the world's biggest arphid market, and their biggest application? Tracking citizens.)))
"This burst of spending is just that, which means that the Chinese market value won't sustain such levels.
"As the deliveries of the national ID card saturate, China will sink below the US and probably Japan in value of its RFID market," writes IDTechEx. Such a drop-off notwithstanding, RFID growth will be robust on the mainland, as demand flows from sectors including animal tagging, transport, cash replacement cards, secure access, manufacturing, military, and the supply chain. (((And all-round political repression of a restive populace of nomadic semilegals.))) IDTechEx offers a useful chart of the leading Chinese rollouts and the estimated number of tags each will require....
