An Oasis of Opportunity

All eyes are on RFID, and why shouldn't they be? Market forecasts are intoxicating.

In the 60 or so years since RFID precursors were invented, 2.4 billion RFID tags have been sold, according to a new study by IDTechEx, called "RFID Forecasts, Players and Opportunities 2006-2016." Of that total, IDTechEx reports that 600 million tags were sold in 2005 and that another 1.3 billion tags are expected to be sold this year alone.