RFID Talk Blog

The 1 cent RFID tag? How about the half-cent RFID tag?

Market research firm IDTechEx is out with an interesting 10-year forecast for the use of RFID tags. The report says the next 10 years will see a rapid gain in market share of mainstream printed and chipless RFID tags, and that the numbers sold globally will rise from 40 million in 2009 to 624 billion in 2019. By value, printed and chipless versions will rise from less than $5 million in 2009 to $3.93 billion in 2019, one third of all income from RFID tags in 2019.

In 2019, the average price of an item level tag will be 1 cent, but chipless versions will cost less– particularly when printed directly onto packaging. However, only a small portion will be directly printed onto packaging by 2019. Chip versions will be about 4 cents for highest volumes in 2019 and chipless versions about 0.4 cents.

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