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  • Editing Team 17:41 on October 23, 2013 Permalink | Reply
    Tags: forecast, ,   

    Forecast: Global RFID Market in the Apparel Industry to Grow 19.8% Annually During 2012-2016 

    It is forecasted that the global RFID semiconductor market in the apparel industry will grow at a CAGR of 19.8% over the period of 2012-2016.

    An analyst said, in recent years, the vendors in the global RFID semiconductor market in the apparel industry are increasing their R&D spending on RFID semiconductor. Leading vendors such as NXP Semiconductor, Impinj, Alien Technology, and EM Microelectronics have increased their investment in the R&D of RFID semiconductors. In addition, they are partnering with software and hardware suppliers and value-added resellers for making significant investments in R&D. What’s more, the focus on R&D is helping vendors to introduce RFID devices that are inexpensive and more effective. Thus, higher accuracy, lower price, and better integration ability is leading to the faster adoption of RFID solutions among major end-users in the market.

    One of the key factors contributing to this marketing growth is mandates made by major retail giants that require suppliers to use RFID devices. Most of retail giants such as Wal-Mart have instructed their suppliers to use RFID tags on every pallet that they supply.

    However, the high initial investment required to deploy RFID devices could pose a challenge to the growth of this market. The high cost is a major barrier that prevents the adoption of RFIDs by small and medium sized apparel retailers globally.

     
  • Editing Team 07:51 on December 3, 2012 Permalink | Reply
    Tags: , forecast, ,   

    Is NFC moving into the mainstream? 

    ABI-Research-NFC-mainstream-rfid-blogNowadays, NFC has been making its way into a variety of smartphones, but in as little as four years’ time, the technology will be commonplace in games consoles, tablets, computers, televisions and set-top boxes.

    ABI Research has published the latest forecasts on Nov.21st, which says a total of 1.95 billion NFC-enabled products will be sold in 2017 as manufacturers and users alike discover further uses for the technology, which enables devices to communicate wirelessly and could replace card and cash payments, but has so far been slow to catch on.

    Currently, companies like Google believe that NFC-enabled smartphones will be the key to cracking the market for mobile payments, replacing credit and loyalty cards and even cash itself. However, so far the company that has had the most success in this market — Square — uses a reader that plugs into any smartphone or tablet regardless of NFC compatibility. ABI believes that the growth in use is coming from other applications for the technology, such as online authentication and for transferring files and data between devices such as a video clip from a tablet to a TV via touching.

    As a result, ABI believes that thanks in part to early adoption by flagship Android and Windows Phones, 2013 will be the year that the technology starts moving into the mainstream. Research analyst Phil Sealy comments, “2012 is the first time that ABI Research has raised forecasts for NFC-enabled handsets, up from 80 million units to 102 million for year-end 2012. Nine out of the top ten OEMs now have NFC-enabled handsets commercially available, with most housing an embedded secure element solution. We expect handset shipments to more than double next year with NFC inclusion likely to become a default technology integrated into flagship handsets.”

     
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