|
Industry: Wireless Industry
|
|
|
| On the back of rising applications in different verticals, Global RFID market is expected to grow at a CAGR of around 17% in the period 2011-2013 to a value of approximately US$ 9.7 Billion. |
|
|
| By 2012 the Asia-Pacific region will lead the number of global WiMAX users accounting for over 45% of the total user base, followed by North America and Europe. |
|
|
| As of 2007, PNDs dominated the GPS device market with more than 90% market share. However, this share will reduce by the availability of GPS handsets accounting for 78% market share by 2012. |
|
|
| The European RFID industry will account for approximately 40% of the global RFID industry by 2016. Germany alone is expected to account for 25% of RFID tags usage in retail trade by 2010. |
|
|
| The standard 802.11n, will create exceptional uptake of technology as it has improved speed and security. Consumer Electronics, Mobile phones and IT Security market will present new growth areas. |
|
|
| Around 75% of RFID firms in China are involved in low frequency/high frequency band (LF/HF) band, which is well developed technically and widely applied in hardware including chips, antennas and tags. |
|
|
| The worldwide GPS market will reach a value of more than US$ 30 Billion with people tracking and handset market segments having the largest growth of approx 9%, by 2008. |
|
|
| RFID software and services segment are expected to see strongest annual growth rates, as mandated end-users quickly start RFID pilots and deploy RFID within the specified timeframes. |
|
|
| The number of worldwide WiMAX users is forecasted to reach 14.9 million in 2009, creating over $13.8 billion dollars in service revenues for WiMAX market with APAC having the largest share. |
|
|
| Countries like USA, Japan, and some others have gained a cumulative shipment of 9.39 million in-vehicle navigation and traffic information units in May 2002, and still find a great demand. |
|