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Siemens unveils new UHF RFID reader with IoT interface ••• Lowe Rental, CoreRFID offer refrigerator-monitoring solution ••• Haydale Technologies, Star RFID partner to develop graphene inks for RFID ••• BCC Research market report shows strong RFID growth ••• iDTronic intros reader-writer for Industrial IoT ••• Cocoon In The Park festival boosts revenues with RFID cashless payments ••• C3 offers new platform for rapid AI deployment.
By Rich Handley

BCC Research Market Report Shows Strong RFID Growth

The United States and Canada are the early adopters of RFID technology in the retail and logistics industries, which is expected to reach $13.5 billion by 2023, according to BCC Research's latest report, titled "RFID: Technologies, Applications and North American Markets." The North American market for RFID technologies will grow from nearly $7.2 billion in 2018 to $13.5 billion by 2023, the report indicates, with a compound annual growth rate (CAGR) of 13.4 percent for the period of 2018 to 2023.

This report addresses the need for an objective, quantitative analysis covering emerging RFID technologies in the context of the North American RFID market. The report provides a snapshot of the market and the share of principal applications and end-use industries that constitute it. It also provides an overview of RFID technologies (tags, printer-encoders and software).

For this report, the North American RFID market is segmented by application into identification and security, electronic payments, material handling and logistics, asset tracking, military applications and other applications. The report also reviews the North American RFID market for key end-use industries, such as agriculture, mining, manufacturing, health care, transportation and logistics, retail and personal services, government and military, and consumers.

Highlights include an overview of the North American RFID technology market; a comparison of the characteristics of RFID and bar-code technologies; a description of RFID technologies, such as tags, printer-encoders and software; an evaluation of the application of RFID technologies in identification, security, e-payments, material handling, logistics, asset tracking and the military; and a detailed profile of major companies in the industry.

Prominent players identified in the report include Alien Technology, Avery Dennison, Allflex USA, Applied Wireless Identifications Group (AWID), Ascendent ID, Avante International Technology, Biomark, CenTraK RTLS (Awarepoint Corp.), Datalogic, Datamars, Globeranger Corp. (a Fujitsu company), Honeywell Scanning & Mobility, I.D. Systems, IER Inc., Information Mediary Corp., Active Networks (IPICO), NXP Semiconductors, PolyIC GmbH, Sony Corp., Texas Instruments, SensorMatic (TYCO) and Zebra Technologies.

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