Monday, February 20, 2006

A Sure Sign the RFID Market Is About to Achieve Escape Velocity


When the vulture... er, I mean, venture capitalists start arriving in an emerging industry, it's generally a sure sign that a sector is set to take off. That's just what's happening in RFID now, as covered in this report which also cites a ton of other stats in support of the premise that the gold rush is on.

As radio frequency identification tags catch on, investors are starting to tune in, writes J. Bonasia

Here's just one data point that's inducing a form of autonomic capitalistic salavation (otherwise known as uncontrolled drooling):
...global tag sales overall are expected to grow at a blistering pace.
The research firm In-Stat projects a compound annual growth rate of 71% through 2010.


Hey, you there...excuse me... do you need a napkin?

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