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The applications are nearly limitless. Some industry analysts expect to see the RFID industry multiply from approximately $3 billion to nearly $30 billion over the next several years. However, Mark Freeman, president of Inspec Tech, a label solutions provider based in Valley Head, Ala., is hesitant to buy the hype. “Most everything in this market right now is a pilot of some kind,” he said, pointing out the lack of any regular implementation or large repeat orders. “I wouldn’t start a company solely producing RFID.” Even so, he admitted the industry has come a long way in a short time.
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- Companies:
- Inspec Tech, Inc.
Laurence Liss
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