The security industry has experienced a major overhaul with advances in technology. IDTechEx states that the market is estimated to rise to $13.2 billion by 2020. This market sizing includes all the tags, readers and software designed for RFID cards and RFID key fobs, including all form factors. The parent directory for NFC was estimated a $10.1 billion - from $9.5 billion in 2014, and $8.8 billion in 2013. IDTechEx found that in 2015, the total RFID market was worth $10.1 billion.
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