RESEARCH: North American RFID market continues to grow

RESEARCH: North American RFID market continues to grow
May 15, 2007

RFID Update: Frost & Sullivan released new research about the North American RFID market. The research is part of iFrost & Sullivan's Automatic Identification & Security Growth Partnership Service. Frost found that the passive RFID tag market in North America generated $124.6 million last year. That revenue is expected to hit $486.6 million by 2013, representing a compounded annual growth rate of about 21.5 percent.