In the new report “RFID for the Postal and Courier Service”, IDTechEx estimates that the global market for RFID systems, including tags, will reach $2.5 billion in 2018.
The report goes in-depth, covering more than 40 cases studies of RFID in action at postal and courier services in North America, Europe, the Middle East and East Asia. Detailed ten year forecasts are also displayed, plus a full explanation of the technologies.
The report mentions a postal RFID system, successfully tested in Korea this year, which completely automates the whole process of mail delivery from accepting the package to classification and dispatching.
Also noted is the Swedish Post and their system that detects and records tampering using RFID and other innovations abound, including RFID cards controlling driver access to postal vehicles and RFID enabled postal sorting equipment.
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. “Postal services ignoring this accelerating change”, said IDTechEx, “will become uncompetitive and suppliers missing out will regret it.”
To view the report further click here.