A new market report on companiesandmarkets.com titled “Apparel RFID 2011-2021” that provides a detailed analysis and 10 year forecasts of apparel RFID, reports that apparel RFID will grow at double the rate of the overall RFID market through the next ten years. According to the report, the RFID tagging of apparel is now the largest and fastest growing application of RFID in retailing, the retail supply chain and associated industries. The report forecasts that the market for tagging retail apparel will grow to demand 20 billion RFID tags annually in 2021.
Apparel RFID improves the tracking of inventory, prevents out-of-stocks and increases efficiency. See for yourself, check out this video from Motorola Solutions that demonstrates just how powerful retail RFID solutions are.
Let’s Get Mobile! Contact DecisionPoint Systems, Inc. for additional information about apparel RFID solutions.