Never Underestimate China

This year, China leapt to become the world's largest market for RFID by value, with 40% share of money spent worldwide mainly driven by a few huge projects. However, in the IDTechEx RFID Knowledgebase of 3000 projects in 98 countries, China is now third by number of projects, so now it is getting the variety too. Three years ago it was not even in the top ten. There is a potential for 100 billion printed RFID labels yearly in China even before the trillions of consumer goods are tagged at item level.

 

IDTechEx technical director Ning Xiao MSc, a Chinese citizen himself, says, "The Chinese RFID market will grow to $4.22 billion in 2017. IDTechEx frequently visits the region and we can help you with your printed electronics strategy in the area. Contact me on n.xiao@idtechex.com or, on UK time, 44 1223 810271."

 

Some of the RFID potential in China: printed or partially printed and often driven by new laws.

A survey conducted by business think tanks Global Futures and Foresight (GFF) and Fast Future 'The Future of China's Economy, The Path to 2020 - Opportunities, Challenges and Uncertainties' was published on the 22 March 2007. Key findings highlighted in the report include:

Here is the warning, however:

 

For more read the new IDTechEx reports RFID in China and Printed Electronics in East Asia  and attend Printed Electronics Asia