Deep Dive 21 minutes PremiumRFID: Has Its Time Finally Come for Retail? Coresight Research March 15, 2016 Executive Summary Radio-frequency identification (RFID) is a 70-year-old technology that many retailers previously avoided due to concerns about cost and other factors. The global RFID market—for tags, interrogators, systems, services, networking and software—is estimated to hit approximately $13.9 billion this year and to grow at a 17.0% CAGR through 2018, according to IDTechEx. We think that trends such as accelerated shipping and omni-channel operations are finally encouraging retailers to overcome their concerns about RFID, and we have seen a significant amount of RFID activity in the retail industry over the past five years. RFID can also serve as an enabling technology for the Internet of Things (IoT), which bodes well for the technology, as an estimated 50 billion devices will be connected by 2020. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: How To Enhance the Customer Experience with Next-Generation Product Information Management and AIWeinswig’s Weekly: Inclusivity, Premiumization and Innovation Lead the US Beauty Market ForwardE-Commerce Outlook: US Home-Improvement Market—Retailers Expand Their Online OfferingsUS Beauty Retailing—A Standout Discretionary Category in 2023: Highlights from the Market Navigator