Despite the economic problems, 2009 witnessed significant progress in the applications of RFID technology. In future also, the segment is expected to show positive growth. According to our research report “Global RFID Market Analysis till 2010”, the RFID market is expected to grow at a CAGR of around 17% during 2011-2013. The reason for this phenomenal growth is that, various applications across different verticals have emerged around this technology.