The worldwide market for RFID is forecast to grow to $27 billion by 2017, and InPoint System is positioned to be at the forefront of the growing active RFID market. The major markets for active RFID include hospitals, retail, wholesale, pharmaceuticals and transportation.
To begin with, InPoint Systems is focusing on the niche market of the jewelry industry. InPoint has developed relationships with top executives at leading jewelry companies, securing commitments for pilot test sites for both wholesale and retail facilities. These relationships, coupled with streamlined decision-making in these organizations will enable InPoint to rapidly capture this market. As the company delivers products that meet the challenging specifications of the jewelry industry, InPoint will be well-positioned to penetrate many other markets. |