WALTONCHAIN AND RFID PROJECTIONS TO 2020

in cryptocurrency •  7 years ago 

To give you an idea of what Waltonchain can do with the projected growth of RFID tech, here are some RFID projections from Statista:

This statistic illustrates the projected savings linked to the adoption of Radio-Frequency Identification (RFID) technology at airports from 2016 to 2022, broken down by type of savings per area. By 2020, the use of RFID technology for bag tracking will lead to some 480 million U.S. dollars in savings.
Screen Shot 2017-09-27 at 11.21.36 PM.png

This statistic presents the forecasted worldwide revenue generated by RFID transponders until 2020 in billion U.S. dollars. According to the source, the revenue will have risen to 14.5 billion U.S. dollars in 2017.
Screen Shot 2017-09-27 at 11.22.28 PM.png

This statistic represents the projected size of the market for RFID tags from 2016 to 2020. In 2020, the global market for RFID tags is projected to be sized at around 24.5 billion U.S. dollars.

Screen Shot 2017-09-27 at 11.22.00 PM.png

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