DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wbzj8d/global_sourcing) has announced the addition of the "Global Sourcing of RFID Tags Market 2014-2018" report to their offering.
The analysts forecast the Global Sourcing of RFID Tags market to grow at a CAGR of 22.4% over the period 2013-2018
RFID tags are devices that have electronically stored information that is used to either identify or track objects. The information thus collected is transferred to a host computer through radio waves. RFID tagging has various applications such as inventory management in retail, real-time tracking of vehicles, and tracking of equipment in establishments such as hospitals and airport.
This research report provides data for the latest market scenario in terms of global demand for RFID tags, price structure such as input costs, and market segmentation based on products and geography. The report also identifies the leading suppliers of RFID tags. To arrive at a ranking for the leading vendors of the market, and to calculate the market size, the report considers the revenue generated by these vendors.
The introduction of GDS and adoption of EPC Global standards is now enabling more and more organizations to accept RFID technology. An increase in the implementation of GDS is securing a firm foundation for the global deployment of RFID, which is expected to propel its demand further.
According to the report, one of the key growth stimulators in the Global Sourcing of RFID Tags market is the increasing concern about supply chain efficiencies, which can be solved by the application of RFID tags across the supply chain. As large retailers and security concerns are both increasing, organizations are making RFID tracking more stringent, thus propelling the growth of the market further.
Further, the report states that the implementation of RFID technology can result in the user experiencing a lot of technological issues as well. Organizations must handle and keep track of large amounts of data that are read by RFID tags from their products.
- Alien Technology
- Honeywell International
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation
- Drivers in the Procurement of RFID Tags
- Challenges in the Procurement of RFID Tags
- RFID Sourcing: Key Trends and Future Implications
- RFID Sourcing: Best Practices
- Process for Procuring RFID Tags
- The RFID Supply Market
- The Supplier and Buyer Industry
- Suppliers for Sourcing RFID Tags
- RFID Pricing and Cost Structure
- Technology Evolution
- Porter's Five Forces
- Regulations and Policies
- Regulatory Agencies and Compliance Requirements
- List of Major Investments
- Economic Indicators
- Labour Market
For more information visit http://www.researchandmarkets.com/research/wbzj8d/global_sourcing