RFID Market for Retailers Forecast to Grow 39% Annually

RFID Market for Retailers Forecast to Grow 39% Annually

In a new report, Frost & Sullivan predicts that yearly RFID revenue will reach $5.4 billion in 2020, due to increased omnichannel sales fueled by better understanding of the technology by retailers, more online purchases, and the increased tagging of goods by product manufacturers.