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

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.