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A new market research report covering RFID from 2005 to 2015, researched by IDTechEx, reveals some surprising new disruptions. The bottom line is that this year’s global market for RFID including tags, systems and services is $1.94 billion but it will be driven by demand and new laws to $26.90 billion in 2015.
1.8 billion RFID tags have been sold to 2005. Key volume applications for RFID technology have been in markets such as access cards for the financial, security and safety markets, or for the automotive and passenger transport sector, with smaller markets in leisure, libraries, laundry and healthcare.
Reprinted with Permission from www.idtechex.com
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