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Half-trillion RFID tags predicted by 2010
Cofounder of the Auto-ID Center predicted last week that the number of annually consumed RFID tags will reach 500 billion by the year 2010.
Sep 14, 2004—This article was originally published by RFID Update.
September 14, 2004—Cofounder of the Massachusetts Institute of Technology's Auto-ID Center (EPCglobal's predecessor) made a bold prediction at the Embedded Security Seminar held last week in Boston: the number of annually consumed RFID tags will reach 500 billion by the year 2010. The cost of RFID tags and the annual quantity produced are two closely watched metrics which many consider the most important indicators of the industry's potential. A couple weeks ago, RFID Journal editor Mark Roberti publicly offered to bet $10,000 that passive RFID tags would be available for a nickel a piece by the end of 2008.
Read the article at Planet Analog
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