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Blockchain & IoT
RFID & Automotive
Introduction: RFID or Radio Frequency Identification is a technology that uses radio waves to automatically identify people or objects from a distance of several inches to hundreds of feet. Combination…
Compound annual growth rate
Global RFID Market 2017-2021
‘“RFID tags are the most popular product offering of the market, responsible for generating 40% of the overall global revenue. The growth of the market through 2021 is expected to come from the increasing application of RFID technology in the industrial and retail sectors,” says Chetan Mohan, a lead analyst at Technavio for embedded systems research.’ – Business Wire (2017)