Unveiling the RFID business: a survey of the Finnish RFID sector

Radio Frequency Identification (RFID) technology has been employed in several industrial domains in closed systems, but wide-scale adoption has yet to be achieved. A significant share of RFID deployments is related to access control and payment solutions, although industrial RFID applications (e.g. tracking and product identification) are also gaining ground. At European level, Finnish companies have been at the forefront of RFID adoption. This paper analyses the current state of the Finnish RFID sector, including the business models of RFID providers, the most important customer segments, and the challenges perceived in the providers’ operational environment. Consequently, it should be possible to predict the development of the RFID sector in Europe in the near future.