RFID connecting in 2010

According to new ABI research, the RFID market is set to make comeback over the next few years. The Inquirer reports.

After a tough 2009, whereby ABI ended up having to adjust previous forecasts downward, the company reckons that the global RFID market is set to hit around $5.5 billion this year and will grow steadily for the next five years, reaching over $8.25 billion in 2014.

Automobile immobilisation is the biggest application, accounting for nearly 20 per cent of the market. ... The report mentions RFID being used in security, animal ID, asset management, baggage handling and cargo tracking.

emily | 9:51 PM | Barcode Technologies / RFID Tags / NFC |
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