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Market, budgets for RFID technology in 2011 said to be 'healthy'

from ABI Research via SupplyChainBrain

The most recent edition of ABI Research's annual survey of RFID end users has found that about one-fifth of responding organizations spent more than $1 million each on RFID in 2010. The great majority of respondents — nearly 75 percent — spent less than $500,000 on RFID, while a few "big spenders" currently using, deploying or piloting RFID paid out more than $10 million each. Taken together, says research director Michael Liard, "These numbers provide strong evidence that the RFID market is growing at a healthy pace." Expectations for RFID budgets through 2011 also are encouraging, says Liard: "The positive news is that the majority of respondents are concentrated in the 'increase' category. Even better is that only 4 percent of all respondents reported no budget planned for RFID in 2011." more

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