DUBLIN, September 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global RFID Smart Antenna Market 2016-2020" report to their offering.
The report forecasts the global RFID smart antenna market to grow at a CAGR of 12.94% during the period 2016-2020.
A trend influencing market growth is the emergence of cloud-based RFID solutions. Advances in technology have led to the expansion of RFID technology in various fields such as the transportation, aerospace, IT, and logistics. However, due to high IT infrastructure requirements such as database, servers, and inter-/intra-network, which adds to its already high deployment and implementation costs, the adoption of RFID has been limited to small and medium-sized retail chains or stores. The cloud-based RFID solutions offered by various RDIF solution providers such as Terso Solutions, Tellago, and Nedap are providing opportunity for small and medium-sized retailers to avail the benefits of RFID systems, as they reduce the initial procurement cost of servers.
According to the report, a key growth driver is the emerging applications for RFID. RFID smart antennas integrated into RFID systems are selected on the basis of radiation resistance, resistive losses, bandwidth, and feed impedance. RFID smart antennas transmit and emit both electrical and magnetic properties and operate around a wide range of frequencies to contain the reliability of the information collected. As a result, the reliability of RFID systems has increased over time, which, in turn, has resulted in an increase in demand for RFID systems. RFID systems are used for asset tracking and thus, it was perceived that the major applications of such systems are more useful in retail and logistics environments.
Further, the report states that one challenge that could hamper market growth is signal collision.
- Alien Technology
- Zebra Technologies
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Industry overview
PART 07: Market landscape
PART 08: Market segmentation by frequency
PART 09: Market segmentation by end-products
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/qjnd7k/global_rfid_smart
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets