As the RFID market grows steadily to become a $26 billion business in 2016, the manufacturers are keen to optimize their profit exploiting this latest technology. The Research and Markets in its latest report on How to Make Money out of RFID provides some input to them.
In its 190-page report, Research and Markets covered the performance of about 40 companies with a view to explain product position, future market opportunities, dangers and other signals. The survey group has followed 2000 case studies relating to RFID in 75 countries to prepare the report. It reveals that profits of 1000 RFID activities varied from 10 million dollars to a loss of $53 million last year. A number of RFID manufacturers have been forced out of the business.
The report carries facts and analysis regarding the trends, opportunities and tools for optimization of cash generation. It discloses the justification behind the sudden increase in both fund raising and acquisitions in RFID and who is doing what and why - also what should come next.
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Research and Markets finds out 'How to make money out of RFID'
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