Adoption of RFID technology is increasing at its fast. However, in terms of adoption, other countries are far behind USA and UK, even China.
In its recent study Hot Countries for RFID, the research firm IDTechEx says UK holds number two position in the world when it comes adoption of RFID technology. America tops the world.
There is a big gap between USA and UK in terms of implementation of this technology. The study claims USA has carried out 800 RFID implementations, while the UK undertook not more than 300 RFID projects.
However, China overtakes UK in terms of money spent of RFID projects and programs.
Peter Harrop, chairman of IDTechEx, says,
Considering China’s national identification card scheme is going to cost $6bn by 2008 and they have 900 million people to tag, the UK is talking about a $15bn scheme and planning for an over-spend for only 60 million people which is poor value for money. We could become the biggest spender or number two to the US because of spending money on RFID like drunken sailors.
