21 February 2011, Pages - 30

The Radio Frequency Identification (RFID) industry has been witnessing steady growth rate over the past few years. The overall growth in RFID is projected to take over other automatic identification technologies such as barcode. The Global RFID market is expected to grow at a very high growth rate of 26% till 2014. The Asia-Pacific region, which is expected to emerge as the fastest growing market for RFID in the world, is likely to contribute the most to the growth of this market.

Government schemes and large orders from emerging markets have been driving the market . However the technology’s vulnerability to security and privacy issues continues to be a challenge for the market.

TechNavio’s “Global RFID Market 2010-2014” report has been prepared based on an in-depth study of the market along with inputs from various experts. The report contains market and vendor landscape supported by drivers, restraints and trends.

This report covers the Global RFID Market and its future outlook over the forecast period (2010-2014). The report also contains profiling of leading vendors in the global RFID market.

Special Offer: You can request one free hour of analyst time when you purchase this report.