Frost & Sullivan: Ability to Provide Critical Business Intelligence Augments Customer Interest in Active RFID

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• Publié par: frost-sullivan
• Nombre de lectures: 5
• Langue: English

Extrait

Frost & Sullivan: Ability to Provide Critical

Business Intelligence Augments Customer

Interest in Active RFID

PR Newswire

MOUNTAIN VIEW, California, June 14, 2012

- Information and business intelligence offered by active RFID

technology is expected to enhance growth prospects in various end-

user verticals

MOUNTAIN VIEW, California

,

June 14, 2012

/PRNewswire/ -- Active radio-

frequency identification (RFID) is steadily rising through the ranks, as the

demand for real-time tracking of objects and personnel is getting louder.

Supply chains in various industries are realizing the utility of long-range track

and trace applications supported by traditional active RFID technology, real

time locating and tracking supported by real-time locating systems (RTLS) and

conditional monitoring supported by active RFID sensors.

New analysis from Frost & Sullivan (http://www.autoid.frost.com),

Analysis of

the Active RFID and Sensor Networks Market

, finds that the market

earned revenues of

$964.0 million

in 2010 and estimates this to reach

$8.39

billion

in 2017 with widespread global implementation of RFID technology in

business processes.

If you are interested in more information on this research, please send an

email to Jeannette Garcia, Corporate Communications, at

[e-mail], with your full name, company name, job title,

telephone number, company email address, company website, city, state and

country.

Despite the greater product awareness, many users still prefer passive RFID to

active RFID due to its lower costs and electronic product code (EPCglobal)

standards. Moreover, the lack of common industry standards makes the active

RFID technology proprietary.

"Market industry participants, industry associations and governments across all

nations need to work together to bring in a common standard in order to boost

the adoption," said Frost & Sullivan Senior Research Analyst Nandini

Bhattacharya.

The combination of active RFID and sensors will be a winning mix, as the

technology provides accurate information on the location as well as the

condition of various objects and personnel tracked. End-users are increasingly

migrating from traditional active RFID to more advanced technologies such as

RTLS and active RFID sensors, as these are better equipped to not only track

real-time location, but also the external conditions of the items being tracked.

Market participants are focusing on developing technologies that support a

combination of technologies such as active RFID, passive RFID, sensors, RTLS,

wireless fidelity (Wi-Fi), infra-red, ultra wide bandwidth (UWB), global positioning

system (GPS), and general packet radio service (GPRS). Along with these

developments, software and middleware companies should also focus on

creating stronger and innovative platforms that support the convergence of

various technologies.