This year, some 1.3 billion RFID tags will be sold, a number that will top 2.2 billion next year, according to figures released Wednesday by European market analyst firm IDTechEx. Those figures are noteworthy in the sense that they show particularly steep growth in the immediate future.
But the most interesting detail in the new figures is an estimate that 200 million of those tags to be sold this year will be used for item-level tagging, which is the same problem the firm is projecting will be sold this year for contactless smart cards. Let’s put those figures into startling context: the 400 million for item-level and smart cards is merely 20 percent less than the 500 million IDTechEx expects to be purchased for the traditional pallets and cases of supply chain drudgery.
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