By value, we forecast that in 2009 the value of the RFID market will grow by 23% over 2008, and in 2010 it will grow by 25% over 2009 - not exponential, but still very strong growth.

The IDTechEx Knowledgebase of over 3,500 RFID projects in 109 countries illustrates how this market of over $5 billion is rapidly diversifying.

The US and China vie for the title of the world's largest RFID market, this year seeing them level pegging with $1.3 billion of business, which is looking to quintuple in the next ten years.