The adoption of radio frequency identification (RFID) technology is accelerating in many sectors. Retail, and particularly apparel, has received a lot of attention in the media throughout the past three years, but the use of RFID is expanding in other areas, including cosmetics and beauty, food production, processing automation, distribution of goods, aviation, automobile manufacturing, and logistics and fulfillment. IDTechEx Research, a firm that has been tracking the RFID market for nearly 20 years, estimates that the market for RFID products will grow to $13 billion in 2022, up from $11.6 billion in 2018*. Other research firms are predicting even faster growth.
These trends, described in this white paper, are creating vast new opportunities for systems integrators around the world with the skills to deploy RFID systems. This white paper provides insights into how the RFID market is evolving, where the biggest market opportunities are and how systems integrators can seize those opportunities.
