RFID revenues will reach $5.3 billion in 2008 and $9.8 billion in 2013 according to a forecast released today by ABI Research. It predicts growth rates of 25 percent or higher for the item-level tagging, contactless payment, asset tracking, RTLS and cargo tracking segments of the industry.
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Co-developed by NEC Australia and GS1 Australia, the device reads RFID tags attached to items, displaying product information to shoppers and providing insights to retailers regarding customer shopping habits and preferences.
The boxes have EPC Gen 2 tags imbedded in their seams to simplify the process the company employs to ship cat litter to Wal-Mart Canada.
Mir:ror is a kit with a USB RFID read/write device, customizable tags and PC software that consumers can use to create personalized RFID tags for their things. The creators are focused on developing technologies that foster digital-personal connections.
Intermec intros new rigid asset tag; NXP rolls out new Mifare chip; retailer New York & Co. now accepting MasterCard PayPass; KSW Microtec announces eGo multifunctional contactless transponder; Mobile Aspects develops RFID-enabled cabinet for endoscopes.
Additional speakers have also been announced for this first annual event, to be held Jan. 5-7, in the United Arab Emirates city of Dubai.
The financial institution is using EPC Gen 2 tags to inventory its computer servers and other IT assets, and to record whenever any are removed from and returned to a data center, so that all equipment can be accounted for.
Convergence Systems Limited (CSL) introduced a $2,500 handheld RFID reader with 25-foot read range for UHF tags. The price and range each represent significant improvements over other handheld UHF readers. The company thinks the product’s price and performance could drive increased RFID adoption.
EPCglobal Canada and RFID Journal have announced that the next RFID Journal LIVE! Canada event will be held in 2009.