Report: RFID Market To Hit $9.7 Billion By 2013
Written by Evan SchumanMay 20th, 2008
The RFID market has a healthy future, looking at a 15 percent compound annual growth rate over the next five years, hitting $9.7 billion by 2013, according to a report issued Tuesday (May 20) by ABI Research.
These figures highlight an RFID market that is growing “robustly,” said ABI research director Michael Liard, pointing to recent commitments from Wal-Mart’s Sam’s Club and the German retail giant Metro AG as key factors.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
