Blog | G5 Cyber Security

Smart Tag Use Expected to Rise in China

Chinas smart tag market projected to grow around 33.2 percent per year. Government support and promotion buoyed by government support, report says. RFID market expected to reach 5 billion renminbi (US$620 million) by 2009, Analysys International says. Most RFID applications were in closed and proprietary application fields, company says. Large-scale deployment of RFID in retail environments unlikely in next five to 10 years, it says. As standards evolve and prices fall, RFID is expected to catch on.”]

Source: https://www.csoonline.com/article/2120014/smart-tag-use-expected-to-rise-in-china.html

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