TechNavio’s analysts forecast the Global Radio Frequency Identification (RFID) Semiconductor market in the Apparel industry to grow at a CAGR of 19.8 percent over the period 2012-2016. Mandates made by retail giants that require suppliers to use RFID is one of the key factors contributing to this market growth. The Global RFID Semiconductor market in the Apparel industry has also been witnessing increasing R&D spending. However, the high initial investment required to deploy RFID devices could pose a challenge to the growth of this market. TechNavio’s report, the Global RFID Semiconductor Market in the Apparel Industry 2012-2016, has been prepared …
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