Global Markets and Applications for Radio Frequency IdentificationAs the market for radio frequency identification (RFID) matures, RFID suppliers are optimistic about the industry's future and have great confidence that their products and services can solve problems across multiple vertical and application markets. At present, there is no monopoly on RFID innovation. Some of the largest and smallest RFID vendors are making significant technological innovations to support current, emerging, and future applications. However, many vendors agree that the overall growth and adoption of RFID will be uneven across economic and vertical markets. Suppliers also indicate that while the industry has grown over the last three years, much of the growth came from traditional, established applications. RFID manufacturers have proven that the technology can work in many applications and end users have a better (yet incomplete) understanding of how RFID technology can benefit them.
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