IDTechEx managing director Raghu Das says an Asian focus has been included as the region is leading the rapid uptake in RFID based technology solutions across a multitude of markets from baggage to bird flu.
“The diversity of such successful implementations and the highly innovative solutions developed in Asia are a lesson for the rest of the world. Smart Labels USA will highlight this,” says Das.
IDTechEx market research into the rapid growth of RFID smart labels indicates that three times the volume of RFID tags will be sold than over the previous 60 years since their invention.
They estimate this exponential growth will continue and by 2015, the value of sales of RFID tags will have increased by 13 times. The value of the total market including systems and devices is expected to rocket to $24.5bn in 2015, primarily driven by another new and dramatic development - the tagging of high volume items - notable consumer goods, drugs and postal packages.
Now in its 5th Year, Smart Labels USA conference and trade fair provides a knowledge-based forum for businesses adopting and implementing RFID based solutions.
The global conference, held March 27 – 30, 2006, in Boston, will address issues including; standardisation, privacy, intellectual property, and mandates in market sectors including retail, healthcare and pharmaceutical, automotive, transportation and logistics, supply chain, security, technology and commerce.
The conference will include world first announcements by speakers and exhibitors, free RFID tag samples and new printed electronic products for all delegates and a Smart Packaging and Printed Electronics Pavilion.
This year Smart Labels USA 2005 was attended by 418 delegates from 22 countries.