EPC Technology

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.
GS1 US Survey Finds Strong RFID Adoption

GS1 US Survey Finds Strong RFID Adoption

The results, released this week, found that 78 percent of retailers received at least some RFID-tagged merchandise (primarily apparel and footwear), with those retailers receiving, on average, 47 percent of those goods with EPC UHF RFID inlays.