Radiofrequency Identification Technology

Advantage of Inventory Accuracy Fueling Growth for Radiofrequency Identification Technology

Rising application of radiofrequency identification (RFID) technology in retail, government, logistics, and supply chain industries is fueling growth in the global radiofrequency identification (RFID) market. Gradually, use of this technology is also growing in the healthcare sector that helps in people tracking and identification, equipment tracking, medical tracking, and medical report and blood transfer monitoring. Moreover, pharmaceutical companies, hospitals, and distribution channels are the key customers that largely use RFID