VDC Projects Sharp Drop In RFID Revenue This Year
Written by Evan SchumanJanuary 15th, 2009
VDC is now slashing its RFID projections for this year by a billion dollars, with growth rates “no more than 9.2 percent over 2008 levels.”
The new figures, according to RFID Update, are attributed entirely to the economy. “There is still going to be growth. It is going to slow significantly, but there isn’t going to be a contraction,” said Drew Nathanson, VDC’s director of research operations.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
