Report Tracks RFID Growth

With a current global RFID (radio frequency identification) market estimated to be worth $1.94 billion, market research firm IDTechEx believes that massive growth is inevitable in the coming years, but not before some significant teething problems are ironed out, according to FoodProductionDaily.com. The company's report, RFID Forecasts, Players & Opportunities 2005-2015, tracks the forecasted growth of the market over the course of the next 10 years, where the retail sector, together with other areas such as healthcare, passenger transport and access cards for the financial, security and safety markets. Source: Automatic Merchandiser