Taiwan Set To Witness Tremendous Growth in RFID Market

Taiwan's most promising areas of RFID are anticipated to be medical care, followed by agriculture-related applications and air defense. In the field of medical care, the annual compound growth rate is expected to be quite fast in the country. As per our recent research report “Global RFID Market Analysis till 2010”, the globalRFID market will grow at a CAGR of around 17% during the forecast period (2010-2013). The RFID market in healthcare will grow at a CAGR of approximately 20% during the same period.

 

To analyze the global RFID market, we have segregated it into three regions- the Americas, EMEA and Asia Pacific. The Americas include detailed study of the US and Canada. In the EMEA region, major countries like the UK, Italy, Germany and the Netherlands are studied. Asia Pacific (which has a majority of growing economies) comprises China, India, Japan, Malaysia, Singapore, South Korea, Taiwan and Thailand to study the RFID market. Further, different application segments of RFID are analyzed in the report for instance - Healthcare, Retail, Automotive, Consumer Packaged Goods, Government and Transportation.

 

To give the client an unbiased view of the market, we have analyzed growth inhibitors along with growth factors. Efficient item level tracking is fueling growth in the RFID industry, but privacy issues are restricting the opportunities. The report also contains an in-depth analysis of tag/transponder, reader and software market.

 

“Global RFID Market Analysis till 2010” presents future forecasts for the industry. The forecasts provided are sum of our economic and judgmental analysis based on past drivers, challenges and opportunities for expansion. While forecasting, we have given due consideration to the development currently occurring in different countries. Moreover, the report studies the potential growth areas, current infrastructure, government support and their impact on the market.

For more information visit: http://www.rncos.com/Report/IM576.htm