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RFID market will be $7.46 billion

The latest RFID market research from IDTechEx finds that, in 2012, the value of the entire RFID market will be $7.46 billion, up from $6.37 billion in 2011, IDTechEx reports. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. In many applicational sectors, RFID orders are up 10% – some much more. Primarily this is due to growth of passive UHF systems for tagging apparel and many closed loop applications.

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