As an integral layer of the Internet of things, RFID has regained its space as an important and growing technology for the future, says Nina Turner, research manager at IDC.
RFID equipment revenue – transponders, readers, software and services – is expected to double to $22 billion by 2020!
As an integral layer of the Internet of things (IOT), RFID has regained its space as an important and growing technology for the future.
Nina Turner, a research manager at IDC, notes that while RFID failed to live up to its lofty initial expectations, “its future is far from hopeless”.