Where It All Began
During World War II, the British developed what is now recognized as the first RFID system. Radar was already in use to detect incoming aircraft, but the British took it a step further by installing transmitters on their planes. These transmitters received radar signals from ground stations and sent back identification signals—allowing friendly aircraft to be distinguished from enemies.
RFID’s Growth Across Industries
Since then, RFID technology has evolved dramatically. Today, it’s widely used across aerospace, logistics, retail, sports, and more. Modern RFID systems offer a host of benefits including:
- ∙ Improved data accuracy
- ∙ Faster data collection
- ∙ Enhanced inventory and asset tracking
- ∙ Reduced labor costs
These advantages have helped RFID transition from a niche military tool to a core business asset.
Walmart and the “High-Cost” Perception
In 2004, Walmart made headlines by investing up to $50 million in RFID pilots and initiatives—becoming one of the first Fortune 500 companies to commit to the technology. While this move helped advance adoption, it also shaped the long-standing perception of RFID as expensive.
Today, however, that perception is outdated. Costs have dropped significantly, and RFID implementation has proven to deliver substantial ROI. In fact, companies in manufacturing, warehousing, and retail have reported up to 200% ROI from RFID deployments.¹
RFID Today and Tomorrow
RFID has become a fast-growing market with a bright future. One key driver is the rise of omnichannel retailing, where integrated online and in-store experiences require better inventory accuracy than ever before.
As eCommerce and mCommerce continue to grow, RFID is the go-to solution. The global RFID market was projected to reach $24.5 billion by 2020,² and as adoption spreads, prices continue to fall. EPC Global predicts tag costs may drop to just $0.05 each.³
Looking Ahead: Will You Lead or Lag?
RFID is already delivering dramatic value across industries. The question is no longer “Is RFID viable?”, but rather, “Will your business take advantage of it—or be left playing catch-up?”
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