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

Will Worldwide RFID Markets Explode?

Wednesday, February 27, 2008

If what international research house Gartner says is true, yes.

Gartner Inc. just laid out predictions that worldwide revenue for RFID technology will increase 31 percent over last year, and exceed $1.2 billion this year.

Global RFID revenue in 2007 hit $917.3 million, and it will reach $3.5 billion by 2012, Gartner analysts predicted in a report released yesterday [Computerworld]. [end] 

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