Supplier Locations Drive Regional Shipments in the RFID Transponder IC Market

3/21/2003 - Recent research published by Venture Development Corporation (VDC) reveals the global market for RFID transponder ICs reached approximately $76 million in 2002 . According to the Global Markets and Applications for RFID Equipment and Contactless Smartcard ICs, 4th Edition, RFID transponder IC revenue represents approximately 16% of the total finished transponder market. Meanwhile, transponder IC unit shipments totaled more than 295 million in 2002. VDC expects the global market for RFID transponder ICs to grow by slightly more than 27% (compounded annually) in terms of supplier revenues and by more than 36% annually in terms of unit shipments through 2007.

Three trends stand out as primary forces shaping regional trends in RFID IC fabrication, integration, sourcing and support:

Founded in 1971, VDC is a technology market research and strategy firm that specializes in industrial and commercial electronics, identification technologies, computing, communications, software, and power systems markets.

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