RFID Technology Market Set for Huge Growth
hyper growth phase. The technology through wireless contacts automates distribution, inventory management and helps in increasing customer satisfaction. Today the RFID market size is around $9.2 billion. The report notes that the high growth of RFID is visible in tags, readers and software/services for RFID labels, cards, fobs and other forms. IDTechEx makes a forecast that the market size will grow to $30.24 billion in 2024.