GLEN ALLEN, VA – Sales of printed RFID devices will reach $3.6 billion by 2015, a new report claims.
 
Within two years, RFID functionality could be such that the devices would be useful for simple inventory management and logistics management, says a new NanoMarkets report.

NanoMarkets analysts say the capabilities of the RFID identification method are likely to increase steadily in the next two years. Using printing technology to manufacture RFIDs could make the devices more cost-competitive with traditional barcode technology currently used for inventory management and pricing at retailers.

Other markets for RFID include food security, pharmaceutical packaging and courier service tracking, NanoMarkets says.