RFID Demand Set To Rise: Report - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News
News
9/29/2005
11:14 AM
50%
50%

RFID Demand Set To Rise: Report

Drivers include lower-cost hardware, a new standard, and more user-friendly software, the report says.

Demand for RFID technology is expected to rise as prices drop and new products and services are offered, ABI Research said in a report issued Thursday.

"What we are starting to see is lower cost hardware, tested and proven performance requirements around a new standard, and software that enables non-technology focused end-users to make better decisions and find ways to drive revenue growth and cost refinement," Erik Michielsen, director of RFID and ubiquitous networks for ABI Research, said in a statement. "All together, these factors support widespread RFID deployments across a wide range of vertical markets, to a degree we have not seen before."

Analysts have said that the RFID industry would be viable when prices dropped to five cents. Now, ABI contends that may not be the case, when other factors work in the industry's favor.

"We may have a three-headed benevolent monster that will promote demand," Michielsen said.

Michielsen's statement came after Alien Technology and Avery Dennison announced that prices of RFID tags are dropping. Alien's on pitch labels are 12.9 cents, while Avery's inlays are 7.9 cents.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
Slideshows
Data Science: How the Pandemic Has Affected 10 Popular Jobs
Cynthia Harvey, Freelance Journalist, InformationWeek,  9/9/2020
Commentary
The Growing Security Priority for DevOps and Cloud Migration
Joao-Pierre S. Ruth, Senior Writer,  9/3/2020
Commentary
Dark Side of AI: How to Make Artificial Intelligence Trustworthy
Guest Commentary, Guest Commentary,  9/15/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Automation Transforms Network Management
In this special report we will examine the layers of automation and orchestration in IT operations, and how they can provide high availability and greater scale for modern applications and business demands.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll