What Is the Sales Forecast for RFID Handhelds?

By RFID Journal

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Ask The ExpertsWhat Is the Sales Forecast for RFID Handhelds?
RFID Journal Staff asked 15 years ago

Do you have a sales projection for handheld RFID interrogators over the next several years?

—Name withheld


To answer this question, we reached out to the experts at VDC Research Group, an organization that tracks the RFID market. According to VDC, global shipments of all RFID handheld readers, covering all frequencies, will rise to $128.7 million this year, up from $114.5 million in 2008. VDC forecasts sales to rise to $149.9 million in 2010, for a compound annual growth rate (CAGR) of 14.4 percent. Unit sales, meanwhile, are expected to rise to 550,700 in 2919, up from last year's 408,100. That's a CAGR of 16.2 percent.

Mark Robert, Editor, RFID Journal

Base year (2008-2010)       2008       2009       2010       CAGR
Handhelds (millions of dollars)       $114.5       $128.7       $149.9       14.4%
Handhelds (thousands of units)       408.1       465.0       550.7       16.2%

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