Concise Analysis of the International RFID Semiconductor Market
Further, the focus on R&D is helping vendors to introduce RFIDs that are inexpensive and more effective. Thus, high accuracy, lower price, and better integration ability is leading to the faster adoption of RFID solutions among major end-users in the market. According to the report, one of the major drivers in this market is the mandates made by major retail giants that require their suppliers to use RFID devices.
Most of the retail giants such as Wal-Mart have instructed their suppliers to use RFID tags on every pallet that they supply.