David Savastano, Editor03.23.17
The radio frequency identification (RFID) market has long been seen as a huge business. In the early 2000s, Walmart said that it expected to mandate RFID on all of its deliveries. However, the technology wasn’t quite ready yet.
Today is a different story. RFID has become a force in the retail space, particularly in apparel and shoes, with the potential for excellent growth in this market. Meanwhile, there are plenty of other markets - healthcare and automotive, just to name two - where RFID could pick up significant business. All in all, RFID is well positioned for the coming years.
Back in the Past
While all of the industry leaders Printed Electronics Now spoke with say that RFID has showed strong potential for more than a decade, they note that the last few years have seen the technology move forward dramatically.
Jeremy Schenof, Avery Dennison’s senior director of global RFID solutions, said that 10 years ago, the RFID market was just at its infancy. It has g
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