VDC: RFID market still growing – on track for $4B

VDC Research has just released the latest edition of its RFID Business Planning Service. This is predicting that the RFID market will grow by about 11% in 2009 with an increasing growth rate starting in mid 2010.

Despite the growth (which is less than previous years), VDC sees this as a tough year for suppliers of RFID solutions as many end users are scaling back or putting off implementations.

For more information, see the VDC press release here.