Report: Global RFID Market Hit $5 Billion in 2007
Written by Evan SchumanJanuary 18th, 2008
RFID sales around the world hit $5 billion last year, a figure significantly pushed by a $2 billion investment in China's chipped national ID card, according to a report this week from U.K.-based RFID analysis firm IDTechEx.
"Those newly recorded projects represented 20 percent growth in the size of the database, reflecting the rapid growth of the market way beyond the Chinese ID card," said IDTechEx CEO Raghu Das. "We could have added more than 500 more consumer goods companies mandated by retailers to tag pallets and cases but that would be living a lie because most of these are doing little or nothing in the face of the huge financial cost and lack of payback if they comply."
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I have strong reservations about the 'individual' certification and posting of that information for merchants. Can you imagine the potential employee poaching that might occur? The implications when competitors can look up how many are certified with each of their competitors? 
-Christine
