With a growing number of startups with strong IPs infiltrating the market landscape, industry incumbents need to understand who they should collaborate with and what new technology initiatives will start to take form. HID Global recently acquired high-accuracy startup Bluvision, and Cisco invested in MIST Systems. ABI Research expects to see more investments, partnerships, and acquisitions over the next two years.
While active RFiD is starting to look outdated and expensive in comparison to new technologies, passive RFiD remains the overbearing entity in the RTLS and asset tracking market, particularly with retail migrating to in-store item level tracking. This was a big trend at NRF this year, with Zebra launching its new SmartSense technology, while Intel demoed its new Retail Sensor Platform. Though the industry is still three to four years away from passive BLE, startups are working on the problem. In the short-to-medium term, ultra wideband technology could be become an interesting alternative, given its high accuracy.
These findings are from ABI Research's BLE Beacon Technologies, Applications, and Revenues (https://www.abiresearch.com/market-research/product/1022883-ble-beacon-technologies-applications-and-r/) report.
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SOURCE ABI Research