Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Freedonia Group Predicts Growth of Smart Labels

Wednesday, December 24, 2003

RFID Journal - Smart Labels Set to Soar

“The report Smart Labels, published by Cleveland-based industrial market research firm The Freedonia Group, estimates that through the year 2007, the total U.S. market for smart labels will grow more than 23 percent annually, approaching 11 billion units and a value of $460 million. But through 2007, RFID will be by far the fastest-growing smart label market segment growing 180 percent annually from around 10 million RFID labels sold in 2002.”
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