Journal of Korean Institute of Industrial Engineers (대한산업공학회지)

Korean Institute of Industrial Engineers (대한산업공학회)
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Analysis and Forecasting of Diffusion of RFID Market in Korea

국내 RFID 시장의 확산 분석 및 예측 모형

  • Son, Dongmin (Department of Information and Industrial Engineering, Yonsei University) ;
  • Moon, Seonghyeon (Department of Information and Industrial Engineering, Yonsei University) ;
  • Jeong, Bongju (Department of Information and Industrial Engineering, Yonsei University)
  • 손동민 (연세대학교 정보산업공학과) ;
  • 문성현 (연세대학교 정보산업공학과) ;
  • 정봉주 (연세대학교 정보산업공학과)
  • Received : 2013.12.11
  • Accepted : 2014.05.17
  • Published : 2014.08.15
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Abstract

In recent decades, RFID (Radio Frequency IDentification) technology has been recognized as one of the most core competencies in implementing ubiquitous society. However, Korea has not seen good success in diffusion of RFID even though Korean government continues funding many projects to diffuse the technology in industries. Most previous researches overestimate the growth of Korean RFID market in contrary to real market situation. This study aims to analyze the Korean RFID market and find a reasonable forecasting model for it. Our experimental results show that Bass forecasting model provides the more realistic estimates than any other models and the analyses of forecasting error provide useful information for the better forecasting. We also observed that government policy plays a crucial role in the diffusion of RFID technology in Korea.

Keywords

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