RFID Market Reaches $7.67 Billion in 2012, Up 17 Percent from 2011

In many applicational sectors, RFID orders are up 10 percent—some much more. Primarily this is due to growth of passive UHF systems for tagging apparel and many closed loop applications. It is also driven by governments doing two things. Increasingly, they make it a legal requirement to fit RFID, recent examples being on animals in New Zealand and Europe.