In the new report "RFID for the Postal and Courier Service", IDTechEx estimate that the global market for RFID systems, including tags, in this sector will be $3 billion in 2016. It could be much bigger if current efforts to tag individual items gain widespread acceptance. In due course, more than one trillion postal items will be tagged yearly, making this the second largest application of RFID in the world after the retail supply chain.
The report details 10-year forecasts plus a full explanation of the technologies. The report also includes 30 new case studies of RFID in action in the postal and courier service in North America, Europe, the Middle East and East Asia. The major breakthroughs that will provide future success are discussed.
The report indicates that RFID is an idea whose time has come in postal, courier and high volume light logistics. In the past, RFID has been used for little more than the evaluation of postal performance, using tags in a small percentage of letters, and the tracking of a small number of conveyances and vehicles. No longer. From DHL taking bids for RFID labels on one billion packages to Saudi Post tagging postal boxes, the report shows big innovations are now happening.
For more information, visit www.researchandmarkets.com/reports/c58322.
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