Business Intelligence Network - The Vision for BI and Beyond

RFID Middleware Market Shows Strong Growth Potential

Published: July 24, 2007

This focus on ROI will ensure steady and sustainable growth in the RFID middleware market.

The important change from mandate-driven to ROI-driven customer purchase decisions has influenced the dynamic radio frequency identification (RFID) market. This focus on ROI will ensure steady and sustainable growth in the RFID middleware market.

New analysis from Frost & Sullivan, North American RFID Middleware and Software Markets, reveals that this market earned revenues of $21.7 million in 2006 and estimates this to reach $113 million in 2013.

“The RFID market is poised for stronger growth during 2007 and 2008 due to end users’ increased acceptance of RFID as a valuable tool to increase efficiency in a number of applications,” says Frost & Sullivan Research Analyst Brendon Ouimette. “Asset management, inventory management, and work in process visibility applications will require the type of data management capabilities that RFID middleware provides.”