RFID Security Equipment Market Growth Rates Projected to Rise

RFID Growth Rates Projected to Rise: New from The Freedonia Group on World Security Equipment Demand to ...

From Business Wire (press release), CA ... exist for color cameras, digital recording devices, wireless and Internet-compatible systems, "smart" radio frequency identification (RFID) electronic article ...

... The global market for security products and systems is projected to advance 8.4 percent per annum through 2008, approaching US$74 billion. Rising crime rates in many countries will be the primary demand driver. While a weak global economy in the years following the September 2001 attacks on the US has not allowed all of the anticipated spending on homeland security to occur, economic expansion should now allow pent-up demand to be worked off. These and other trends are presented in World Security Equipment, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm. ...

Additional resources on the growth of RFID in security equipment markets ...

Secure Identification - Radio Frequency Identification: global standard for Vicinity Cards and Smart Label applications ... With annual projected growth rates between 24% and 34 ... RFID in the future - not only via radio. ...

Radio Frequency Identification: File Format: PDF/Adobe Acrobat ... as the market for smart labels grows. ... RFID deployment resumes its growth, several obstacles ... and Applications for Radio Frequency Identification Equipment and ...

RFID leads growth in smart label market: RFID leads growth in smart label market ... smart labels based on radio frequency identification (RFID) technology will ... fact, will dominate the smart label market ...

Global Markets and Applications for Radio Frequency Identification: Global Markets and Applications for Radio Frequency Identification Equipment and ... by the development of the smart label market ... terms of the future growth of the ...