RFID technology sales continue to surge with expected growth to reach $5.56 billion in 2009
July 14, 2009

“Despite the sluggish economy, global sales of RFID technology are expected to grow 5 percent to $5.56 billion in 2009. According to IDTechEx, the surge in sales will be accomplished despite the world’s largest RFID project — the $6 billion China National ID card scheme — being completed a year earlier.  The United States heads the list of RFID projects, including a $428 million contract issued by the U.S. Army Program Executive Office-Enterprise Information Systems for a contract for the Radio Frequency Identification III (RFID III) program. Currently, RFID tags are attached to approximately 125,000 shipments of U.S. military supplies each week.”

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