RFID is a type of radio communication in which tags are used to keep track of information about the things being talked about. RFID is good for an organization because it eliminates human error, keeps data safe from unauthorized access, and cuts down on extra costs. Real Time Location Systems (RTLS), sensor networks, the Internet of Things (IoT), and radio frequency identification (RFID) devices are some of the more advanced technologies that are being used more often. This helps protect data from cyber attacks. These traits make it easier to prevent data loss and stop unauthorized people from getting to the data. Because of this, this factor will help the market grow in a good way. Cloud-based RFID gadgets offer a chance to grow the market. But companies' lack of knowledge about RFID technology is one of the main things stopping the market from growing.
The global RFID Market is segmented in to North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a dominant position in the global RFID market in 2017, and is expected to retain its dominance throughout the forecast period.
Key Manufacturers in the RFID Industry:
RFID4U
RFID4U is a global solutions provider of Radio Frequency Identification (RFID), IoT and mobility solutions was founded in 1999 and headquartered in United States. It operates in various countries. In April 2019, RFID4U released ‘TagMatiks AT-Lite ‘ (RFID Asset Tracking).
Tibco Software
Tibco Software is an American business intelligence software company, was founded in 1997 and headquartered in California, United States. It operates in
over 20 countries. TIBCO announced substantial improvements to TIBCO CloudTM Integration, its industry-recognized iPaaS solution powered by TIBCO CloudTM, in July 2022. This increases the potential for the integration of applications, data, and devices across hybrid environments, enabling consumers to accelerate business outcomes in a volatile business environment.
Mojix, Inc
Mojix, Inc is a global leader in item-level intelligence solutions for manufacturing, supply chain and retail. It was founded in 2004 and headquartered in United States. It operates in more than 80 countries. Tosca chooses partners Mojix and Coriel in January 2023 to implement RFID-based traceability for their reusable containers.
