Friday, July 22, 2005

RFID Markets at $530 Million in 2004

"Research and Markets (http://www.researchandmarkets.com/reports/c21176) has announced the addition of Radio Frequency Identification (RFID) - Market Opportunities, Strategies, and Forecasts, 2005 to 2010 to their offering. RFID markets at $503 million in 2004 are anticipated to impact multiple market segments including tracking cases and asset management. These applications are anticipated to drive market growth for radio frequency identification technology at an average of 67 percent to more than $3.8 billion in 2011. Major initiatives relate to retailer ability to use electronic tags to track inventory from warehouses to stores." Source: Research And Markets via businesswire.com