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Prices of RFID Readers Expected to Decrease, Says Report

A new report from ABI Research indicates that within the next year, the price of RFID readers should decrease fairly signficantly, which would in turn result in an increase in production by chip manufacturers to bring these devices to market. According to the report, a typical RFID reader using the UHF band costs between $2500 and $3000, making them too expensive for small- and medium-size companies to purchase and use them. At this point, it's hard to say how far down the price of a reader will go, but as RFID gets used in more manufacturing environments, the "trust" of the technology will go up, as well as demand, which will turn into more production of these devices.

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