US - RFID Application in Healthcare and Retail to Take Off This Year
Released on: March 31, 2008, 3:11 am
Press Release Author: Shushmul Maheshwari
Press Release Summary: Use of RFID is fast catching up in various verticals all over the world. The US, however, is leading with its healthcare and retail sectors expected to see extensive RFID implementation this year.
Press Release Body: According to a latest report \"Global RFID Market Analysis till 2010" by the leading research firm RNCOS, Radio Frequency Identification (RFID) industry is on a steady rise from few years all across the world and is expected to grow in future as well. The report studies the present scenario of RFID industry deeply and methodically to discuss the factors which are propelling the market. It evaluates various segments of the industry to recognize the applications and segments where RFID demand will surge in near future.
The report talks about the implementation of RFID in developed markets, and reveals that the US has adopted to the technology to a large extent. The comprehensive research finds out the reasons for the growth in adoption of RFID in the US and talks about the measures taken by the states and the government to promote the use of RFID technology in the country.
The RCNOS research also discusses vertical sectors in the US, including manufacturing, pharmaceuticals, retail, etc. where RFID technology use is continuously thriving. It also focuses on the factors which are encouraging various industry players to use RFID technology. The report further give information on the US states where the use of RFID in retail and healthcare has been made mandatory by the state governments to track asset better. It further evaluates cost factor to see how it creates a demand for readers and RFID tags for both the industries in near future.
The report also analyzes other factors that can drive RFID market in future and forecasts that by and large, the entire RFID applications designed for the US healthcare industry and retail supply chain will touch the US$ 1.7 Billion mark in 2008. It further identifies other emerging fields where the usage of RFID technology is gaining momentum.
\"Global RFID Market Analysis till 2010" presents first-hand information on growth and trends in the global RFID industry rationally and helps clients to explore the opportunities that are vital for the success of the RFID industry. It also highlights the core issues that are linked to the success of RFID industry and offers practical analysis on various aspects of the industry.
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today\'s globally competitive environment.
For more information visit: http://www.rncos.com/Report/IM576.htm Current Industry News: http://www.rncos.com/blog
Web Site: http://www.rncos.com
Contact Details: RNCOS E-Services Pvt. Ltd. Shushmul Maheshwari Head of Business Development 29, 1st Floor, Patparganj Industrial Area, Delhi 92 91-11-4214-1229 firstname.lastname@example.org Fax no: 91-11-4214-1228 http://www.rncos.com email@example.com