Each year, the RAIN Alliance conducts a research project to analyze and report on the growth rate of worldwide RAIN RFID TAG IC shipments by collecting data from top manufacturers.
The 2022 report consists of data received from four RAIN Alliance members: Impinj, EM Microelectronics, NXP, and Quanray. Here are the key takeaways from the report:
- RAIN RFID tag chips (i.e. compliant with EPC Class 1 Gen 2/ISO 18000-63) shipped by the above named RAIN Alliance members in 2022 increased by 20% from the previous year. The same previously reported collective 2021 sales of 28.38b, rising to 34.046b in 2022.
- This reported growth exceeded the forecast from the RAIN Alliance commissioned RAIN RFID Market Research report from VDC, which predicted sales of 30.831b, and forecasts sales of 88.5b by 2026.
Please note: All data collected for this project is proprietary and presented in aggregate, not individual company sales. The objective of collecting, analyzing, and promoting this data is to provide the marketplace and RAIN Alliance members with a key indicator of market performance and adoption.