The Booming RFID Business in 2010

Growth by diversity
The RFID market is also growing by diversity. At the time of writing, the recent entries into the RFID Knowledgebase have been very different applications in Morocco, India, Brazil, Colombia and Australia. Those cases include tagging people in hospital, vehicles for non-stop road tolling, assets in a mosque and public transport ticketing. Other recent projects include trees in Hawaii (conservation), vehicle number plates in Mexico (tax evasion, theft) and railway wagons in Italy (efficiency, theft). There is increasing diversity. It now looks highly likely that the three billion disposable tickets issued yearly by the Chinese National Railway System will become RFID for reducing queues and fraud. However, for now, projects with even tens of millions of tags yearly are rare. That results in average spend on the systems exceeding average spend on the tag. Only huge numbers of tags per reader will reverse that situation - think letters in the post, all prescribed pharmaceuticals or everything in the supermarket but all of those applications remain distant dreams.