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Report: RFID Market To Hit $9.7 Billion By 2013

Written by Evan Schuman
May 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.

Posted in IT Strategy/Industry, Mobile/Wireless/Contactless, RFID, Security/Fraud
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