Quantcast StorefrontBacktalk » Blog Archive » RFID Market To Top $5.3 Billion This Year, Says ABI Research
advertisement
advertisement

RFID Market To Top $5.3 Billion This Year, Says ABI Research

Written by Evan Schuman
November 6th, 2008
Like this story? Share it
To share this story with people in your social network, please click on the network icons below.

RFID sales globally will be more than $5.3 billion this year, with supply chain management, ID documents, ticketing and contactless payment drive shipments leading the way, according to a report released Monday (Nov. 3) by ABI Research.

If you take automobile immobilization out of the picture, RFID is slated to grow at a 15 percent compound annual growth rate (CAGR) from 2008 through 2013, and ABI projects the market will be worth about $9.8 billion in 2013. Said Research Director Michael Liard: “To a casual observer, the five-year CAGR for the RFID market as a whole may not seem impressive at face value. In this case, however, traditional applications with single-digit and low-double digit five-year compound annual growth rates continue to dominate current and near-term RFID market revenue share. If these traditional applications—access control, automatic vehicle identification, automobile immobilization and ID documents—are removed from the equation, the 2008-2013 CAGR for total RFID systems revenue exceeds 20 percent.”

Posted in IT Strategy/Industry, Mobile/Wireless/Contactless, Payment Systems, RFID
advertisement

Leave a Reply

Newsletter

Quickly catch-up on the latest in E-Commerce and Retail Tech with our free weekly newsletter, with urgent bulletins as news merits.
advertisement

Most Recent Comments

"The mobile challenge is less about supporting the devices and more about having the skill and tenacity to integrate the ordering app into the multitude of POS networks/software iterations. " -Dan Stiel

Visa Raises The Bar For PA-DSS Applications And Vendors

PCI Guy
Visa's new PA-DSS Best Practices guidelines will place vast new burdens on vendors and merchants, with very little gain in card data security, and leaves at least one oceanliner-size loophole that benefits--guess who! Visa themselves. Consider background checking employees, for instance: I doubt Visa can point to even a single incident where any software developer--with or without a criminal record--deliberately introduced a vulnerability that resulted in a compromise of card data. And a "clean" background gives no assurance an employee will not "go bad." If anything, relying on background checks might lend a false sense of security. Read more...
Jonathan Rosenne
Leaning to program isn't so easy. One of the payment application problems is precisely this - the programmers do not know how to program. Read more...

Mobile Web Performance Erratic At Best: Nordstrom, QVC Good; Levi, REI Bad

Richard Nedwich
Good article, thanks. One possibility that comes to mind to level the playing field, or make the shopping experience 'handset agnostic,' is that most smartphones are coming equipped with WiFi. Retailers *can* control that experience by offering highly available, reliable and good performing WiFi connectivity to their in-store shoppers. Read more...

North Carolina's E-Tail Amnesty Program Rejected By 94 Percent

Cancel Rush
The funny part of this is the State owned institutions of North Carolina within the UNC University System is the largest recipient of affiliate revenue from Internet online store purchases which do collect NC Sales Tax. Read more...
xcergy
That 94% know that what NC is doing is ILLEGAL, along with the concept of taxing advertisers who use commission ads on their websites and blogs (Amazon Tax). The problem of collecting Use Tax is a consumer issue, not one for online retail. States should work on enforcing existing Sales Tax Law, not making new bad law designed to put small business out of business. Read more...

Mobile Cannibalism: Get Used To It

Dan Stiel
The challenge is less about supporting the devices (iPhone, iPad, Android, Blackberry, et al). That's actually easier than you might first think. The bigger issue for operators (not our client, I might add) not mentioned in your article, is having the skill and tenacity to integrate the ordering app into the multitude of POS networks/software iterations, and vintage systems a multi-unit operator tends to support. Read more...
Vikas Goyal
True. Its more about customer retention than acquisition. Read more...

Kill All The Passwords

Jay Libove, CISSP, CIPP
This article does mention, but does not give enough attention to, the fact that the attacks discussed are only feasible when the encrypted password file can be copied and subjected to an offline attack. The trick is to have authentication performed on a separate, much more strongly secured host - such as an Active Directory Domain Controller, or a Kerberos server, or a NIS+ server, or even using something as banal as an LDAP-over-SSL authentication dialog. In these environments, the odds of the "password file" being stolen and subjected to an offline attack go to near zero, and only online attacks may be carried out by the attacker. With sensible exponential backoff between failed password attempts, lockout after a modest number of failed attempts on a single account, and pattern detection, that minimum 7 character password is quite secure enough. Passwords aren't dead yet for security purposes, and they will be with us for a very long while to come for practical purposes. The trick is to employ them correctly. Read more...
Joe G.
The possibilities you describe are years away from being implemented at best, so for the moment passwords are an ugly reality. Luckily, password managers can easily manage hundreds of passwords of any length. The only thing a user needs to remember is the master password. It seems like an easier task to educate users on how to use password managers rather than implement complex security technology on a global basis. Read more...

New Gift Card Rules Will Make That Plastic Even More Of A Hot Potato

Ray
Few of the published reports mention the ECO-Gift CARD Act and a lot of merchants are confused about the deadlines and the eligibility requirements. The good news is that the ECO-Gift CARD Act is only 2 pages long and fairly easy to understand for us regular, non-lawyer types. Anyone can download it by doing a search for HR5502 at the Congress.gov web site. Read more...

The Danger Of Assuming Perfection

C. F.
I do not see why people take it so personally. I tend to agree with Walt in that the keys should be able to be decrypted relatively easy. Yes sure certain constants have to be met first (such as having the background to do encryption, having access to the data in the first place and other items). Since all algorithms are based on a mathematical equation it stands to reason like the simple problem (y+100=900) what is Y it would be somewhat similar for cryptography in its standard form. Read more...
A Reader
But security has to be 100% perfect, all the time. You can't build 98% of a castle wall and expect to keep out 98% of the barbarians. Settling for a second-rate cryptographic solution is the same thing, but because you don't understand the problem, you can't see that the walls don't actually encircle the entire castle. Read more...