RFID market

RFID market

According to Gartner, RFID market will take off. RFID stands for Radio Frequency IDentification, a technology used to collect data, through a radio network between a reader and a label, in order to identify, locate and manage objects. With lower costs, increased efficiency and standardization, RFID should be adopted by more and more enterprises. Even if it would be a long process to displace current bar code systems, already 50% of US Top 500 companies are planning or using RFID.