Baird

The global RFID market continues its rapid growth as record orders up to $0.5 billion each are serviced. This year demand for RFID is on target for $5.3 billion globally as it powers its way to $27 billion in 2018. Recent substantial additions to the global RFID orderbook include A$350 million from the State of Melbourne to boost its public transport RFID card scheme and a forecast by transport analysts that the national RFID card for transport being progressed in the UK will cost $2 billion. Indeed, much is now happening in Europe, although it is the U.S. and China that share top slot