2009 RFID technology market will grow

The Ministry has made a prediction in the next five to 10 years Global RFID market size will reach 3,000 billion, China is the world's leading manufacturing hub in the RFID industry will also have substantial growth in the industry, in fact, many people think that China RFID industry after 2005 years of brewing, 2006 and 2007, started, estimated in 2008 after stepping into the high-speed development period.

Although RFID technology as early as the 1970s will enter commercial application, its global market gradually attention just ten years ago, so its application is still a lot of candid explore space, China as the world's most dynamic economies in the world, for the development of RFID provides the fertile soil. There are industry data show that China's position in the field of RFID, is expected to become the world's third largest market.

However this conclusion then, China RFID industry's future development will be smooth sailing, some market development bottleneck still needs to address, such as technical standards, as well as the market value of the RFID scheme recognised to be further improved.

Integrated a variety of factors into account, the Chinese RFID market in 2009 annual meeting of the rendering and steady development trend.