According to a recent report by Research and Markets, Cisco Systems is the market share leader in RFID network equipment, with a 64% share in 2004. The company is extending participation in routing to managing the information coming off the RFID routers.

With 18%, Huawei ranks No. 2 in 2004 RFID network market share.

Symbol Technologies, with 5% market share in 2004, is the No. 3 participant in RFID markets. Symbol is the leader in EPC standard RFID that is the high growth segment of the market.

RFID network equipment markets, at $40.7 million in 2004, are anticipated to grow in response to the need for managing and routing the information that comes from RFID readers. The information needs to be tracked locally.

Tracking cases and asset management are dependent on information networks being in place. These applications are anticipated to drive market growth for radio frequency identification technology at an average of 67% to more than $3.1 billion in 2011.

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