IDTechEx Predicts Active RFID Growth

(July 21, 2006) CAMBRIDGE, UK &#151 Active radio frequency identification (RFID) systems will experience a rapid market growth over the next 10 years, according to a forecast by IDTechEx. From the 2006 market value of $550 million, active RFIDs will increase market value to $6.78B in 2016. The report, titled “Active RFID 1006-2016,” identifies four major contributing factors and two important markets that will create the upward trend.

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