ABI Research yesterday announced that the market for RFID baggage tagging will be worth $11.8 million this year. It will grow at a CAGR of 18.49% through 2011, when the market value reaches $27.5 million. While RFID baggage tagging has received quite a bit of press, these figures indicate that in fact the market opportunity is small.
The manufacturer plans to track 350,000 containers and metal cages with EPC Gen 2 tags, specially made to work in metal-rich environments.
A platform called Tetragate combines RFID-enabled ID cards with cameras and facial-recognition software to monitor and authenticate people as they enter facilities.
California Governor Arnold Schwarzenegger vetoed Senate Bill 768, which would have placed unprecedented restrictions on RFID technology. The bill is temporarily stopped, but RFID remains surrounded with legislative and privacy issues, leaving the industry to wonder what’s next.
Concerns about companies abusing RFID technology to spy on customers threaten to prevent consumers from realizing many of the benefits of the technology.
Concerns about companies abusing RFID technology to spy on customers threaten to prevent consumers from realizing many of the benefits of the technology.
GS1 Canada, Wal-Mart Canada, Shoppers Drug Mart and other firms in Canada will examine public policy specific to RFID technology, and provide recommendations to foster the technology’s adoption.
The latest offering from W5 Networks reduces system costs to $3.50 apiece for electronic shelf labels.
In the next few days, RFID solutions provider ODIN technologies will announce the completion of the first of two phases in its RFID infrastructure deployment for the US Department of Defense.
Andrew Nathanson, of the market research firm Venture Development Corp., says the pharmaceutical industry will increasingly adopt hybrid HF-UHF RFID solutions over the next five years, followed by near-field UHF technology.