Skip to main content

Report Says Global RFID Market Will Continue Growing in Next Four Years

  • May 14, 2012

TechNavio has released its 2011-2015 Global RFID Market report, which studied radio frequency identification trends in America, the EMEA and APAC.

The report states that RFID technology in the healthcare segment is expected to grow in the future and that it will contribute to the global RFID market's overall growth.

"In the Healthcare segment, RFID technology along with Wi-Fi and voice over IP (VoIP) has been developed as a single information system to improve patient safety," said an analyst from TechNavio's hardware team.

According to the report, RFID is growing for several reasons: Large retail giants are requiring that RFID tags be used on pallets and many airports have incorporating RFID more in their baggage safety systms.

The report says that because RFID tags are accurate, it could redue labor time and cost significantly. But security and privacy concers may pose a challenge to the market's growth.

Featured

Most   Popular

New Products

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.