Western Europe is still cool on the deployment of RFID (radio frequency identification) but the
technology is gathering pace in many vertical industries, analysts have
According to a report by research firm IDC, some 12 per cent of
manufacturing, retail/wholesale and logistics companies in western Europe are
rolling out the track and trace technology, while another five per cent are
While the usual suspects are putting people off – a third of
companies are citing the thorny issue of ROI as a reason not to get involved –
analysts are predicting RFID rollouts will continue to grow in a number of
One industry likely to be at the forefront of RFID adoption is
healthcare, where traceability can be facilitated by RFID tags. Spending on
radio frequency identification in the healthcare sector is expected
to reach US$2.3 billion by 2011.
Opinions evidently remain divided on the technology's short-term
future. Another recent study by analyst house Regan, Jacob and Stanley, however, described
the global RFID market as mature and likely to see the emergence of item-level
tagging this year.