rfid
When will RFID reach the five cents level?
Filed in archive Tags and Readers by gautam on April 2, 2007
five cent rfid tag.jpg
RFID is the future and its implementation has been increasing with each passing day. A question which is often asked is when will RFID break the five cent barrier? I hear that it will happen pretty soon but nobody seems to be sure about it. As of now passive rfid tags trade for prices between eleven cents to forty bucks for each piece of tag. This technology has had its own share of ups and downs with virus scare to adoption by Walmart but still it stands strong. Though prices have been falling but it is still not sure as by what percentage the prices have fallen since there are a variety of tags being sold in the market.

With this technology slowly and steadily reaching the masses and various standards issue being solved the day may not been far off when we will be able to get an RFID tag for less than five cents. Probably what is needed is a further adoption of this technology in order to reach those volumes at which it would be feasible to sell them at five cents a piece. There are some who may even feel that price may not be an inhibiting factor until and unless the objectives are being met but if one would like to reach the masses then price could surely be the deciding factor.


Permalink: When will RFID reach the five cents level?
Tags: RFID  tags  five  cent  RFID  tag    rfid  five+cents 
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