Market Research - General

One of the most important things in business is ability to feel the market pulse and act accordingly in shortest possible time. I researched various sources and tried to gauge the projected growth in software and services market and here are my findings:

Growth200520062007
Software30%33%35%
Services19%23%27%


Percentage growth is substantial in both Software and Services sector of RFID, which is good news for our company. On the sidelines, RFID hardware is projected to grow by 48% each year, which itself is encouraging. With these statistics, I have covered overall growth of RFID. Next I will cover the sector pertaining to our area of concentration.

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