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RFID forecast for strong growth


A REPORT analysing the rapidly growing and diversifying market for Radio Frequency Identification (RFID) forecasts that in 2006, almost three times the volume of RFID tags will be sold than over the previous 60 years since their invention.

Primarily this will be because retailers and military forces are demanding, for the first time, that suppliers fit tags to pallets and cases to save cost and improve service but many other applications will be growing very rapidly.

Knowledge-based company IDTechEx - which specialises in RFID smart labels, smart packaging and printed electronics - conducted the research.

4-Mar-2005
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