In an analysis of the market for RFID in south-east Asia, Australia and New Zealand, the firm reports that end-users are looking to the technology to reduce waste, raise efficiency and improve security.
The "knowledge economy" that sees preliminary findings from testing of new technologies such as RFID sensors made public has helped to eliminate some of the reticence often associated with new innovations, the analyst adds.
Frost says: "In line with this technology's capabilities to enable greater security and efficiency, more end-users are considering it a tool that will help them gain a competitive edge."
By 2016, the market in the region is expected to more than triple from its 2008 revenues, rising from $80 million (£50 million) to more than $250 million.
The figures were compiled by Frost's automatic identification and security practice, which covers technologies including biometrics and auto-identification solutions.
