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CCID Consulting: Sales Volume of China’s RFID Market Reached 7.74 Billion Yuan in 2007

2008-02-25 16:39 1118

BEIJING, Feb. 25 /Xinhua-PRNewswire/ -- CCID Consulting, China’s leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently released its article on the sales trend of China’s RFID.

Government programs still the main driver for RFID applications

Driven by government-sponsored programs, China’s RFID market maintained rapid growth in 2007. RFID continued its leading position in citizen ID applications. In particular, RFID applications continued to find its largest market in the massive issuance of the second generation citizen ID cards. Compared to 2006, the scale of RFID applications in the field of communications saw a slight downturn with the maturing all-in-one municipal transportation market. However, it is still one of the major scale application markets. A major highlight for RFID applications in 2007 is its applications in electronic tickets for Beijing 2008 Olympic Games and Olympic food supply chain. RFID applications during the Olympiad are expected to become one of the major drivers for scale applications in China’s RFID market.

Size and Growth of China’s RFID Market 2004-2007:

http://www.ccidconsulting.com/upload/12703.jpg

Source: CCID Consulting Dec. 2007

Breakthrough in development of UHF RFID standards

The Ministry of Information Industry released the Circular on Interim Regulations for Applications of RFID Technology at 800/900MHz at the end of April 2007, which specified the trial operation frequency bands for UHF RFID technology in China as 840-845MHz and 920-925 MHz. This provides a strong support for development of the RFID industry in China, especially large scale RFID applications. Besides, other standards for RFID applications are also under drafting. Determination of UHF standards has brought opportunities and support for development of China’s RFID industry and market. However, there is still way to go for extensive application of RFID in fields including logistics and retail because of coordinations in technology, cost and the industry.

New applications market of NFC emerging

Nowadays, mobile phone has become an important multifunction carrier for information exchange. NFC technology, a new technology that combines RFID and mobile phones, has caught attention of telecommunication equipment vendors, terminal vendors and telecommunication carriers throughout the world. With narrowing of profitability room for mobile phone sets, mobile phone vendors represented by Nokia and Motorola are already eyeing China, the largest mobile communications market in the world, for development of NFC. Non-contact connection of NFC has brought brand new experience to subscribers and this is highly attractive to mobile communication carriers in China. They have already teamed up with telecommunication equipment vendors and launched pilot programs in a few cities in China. NFC applications are still in starting stage in China and are not expected to see explosive growth in the near term. However, NFC applications in China will emerge in the market sooner or later with promotion of its applications in major cities in China.

About CCID Consulting

CCID Consulting Co., Ltd. (hereinafter known as "CCID Consulting"), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is directly affiliated to the China Center for Information Industry Development (hereinafter known as "CCID Group"). Headquartered in Beijing, CCID Consulting has set up branch offices in Shanghai, Guangzhou, Shenzhen, and Harbin, with over 300 professional consultants and industry experts. The company’s business covers over 200 large and medium-sized cities in China. Apart from home market development, CCID Consulting establishes international cooperation links across the United States, the Asia-Pacific region and Europe with agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.

Based on four major competitive areas: powerful data channels, industrial resources, intense knowledge and a deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategic planning, IT applications, marketing strategies, human resources and information technology outsourcing. Customers range from industrial IT users, telecommunications companies, energy companies, finance companies, and automobile companies, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to be the number 1 consultant in strategic consulting, the number 1 brand for strategic consultancy, the number 1 advisor for enterprise management and the number 1 consultant for government decision-making.

For more information, please contact:

Cynthia Liu

Coordinating Manager

CCID Consulting Co., Ltd.

Tel: +86-10-8855-9080

Email: liuyan@ccidconsulting.com

Source: CCID Consulting Co., Ltd.
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