Technology Industry
Industry: Email Alert RSS FeedRFID in supply chain: the revised forecast.(Information Technology)
MSI, April, 2004
Venture Development Corp. (VDC), a technology market research and consulting firm, has adjusted its RFID market size and compound annual growth rate (CAGR) projections from 21 percent to 37 percent between 2003 and 2005, VDC says market factors impacting its forecasts include: * Recurring transponder costs--although price points are declining, manufacturers are faced with the ongoing cost of buying RFID transponders.
* System infrastructure requirements driving near-term growth--the cost of infrastructure causes sticker shock among C-level execs. * What exactly does RFID compliance mean?--the language found in major RFID mandates has been vague. * Technology performance challenges loom--unresolved physical infrastructure issues are expected...
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