![]() There’s the upfront expense of RFID readers and tracking software, as well as the continuing cost of either active or passive RFID tags for each item monitored. In many applications, RFID is more expensive than traditional tracking methods. Here are four key challenges facing the RFID industry, as well as how they can be overcome. It might seem like full steam ahead for RFID adoption in many industries, but there are some potential speed bumps in terms of growth. Some stores have eliminated manual checkout completely, instead relying on RFID and other technologies to let customers check out simply by walking out the door. RFID can help retailers optimize their store layouts and speed up checkout. Trend #6: RFID for Smart Shelving and Store CheckoutĪn increasing number of retailers are embracing smart shelving for improved inventory management, and smart shelving is driven by RFID technology. The technology helps companies not only to track individual items, but also to optimize inventory and reduce costs. RFID is used throughout the entire supply chain, including warehousing and delivery. RFID tags report when conditions are sub-optimal, so immediate action can be taken. Logistics companies are using RFID to track cargo transported by road, air and sea, as well as to monitor environmental conditions during shipment. Trend #5: RFID for Logistics and Supply Chain ManagementĪccording to the market report, logistics and supply chain management are slated to be the fastest-growing applications for RFID throughout the next five years. This reduces the need for human contact and improves overall inventory management. In addition to the increasing use of contactless payment methods, many retailers are utilizing RFID to track items at the point of sale. The COVID-19 pandemic has driven the need for and acceptance of touchless interactions in a wide variety of situations, most notably the retail and food industries. Trend #4: RFID for Touchless Interactions This enabled the facility to track a dramatically increased number of doses administered per day, while reducing vaccine waste from doses stored for too long and at too high a temperature. For example, Reading Hospital in Pennsylvania used RFID tags encoded with beyond use dating (BUD) to track COVID-19 vaccines after they left the hospital’s ultra-freezer. With hundreds of millions of doses administered within a very short span of time, the technology has proven essential, both in the United States and abroad. Manufacturers, hospitals and clinics use RFID tags to trace vaccine doses and guard against expired or counterfeit vaccines. For example, the healthcare profession employed RFID to improve the tracking and safety of the various virus vaccines. RFID technology has proven extremely useful in handling various aspects of the COVID-19 pandemic. Such systems are typically in the form of secure smart cards that utilize RFID technology. Many organizations are shifting away from the use of passwords and PINs to password-less authentication using identity access management (IAM) solutions. ![]() For example, RFID is increasingly being used to create customized employee credentials. Several key trends involve specific uses for RFID technology. It also helps that passive UHF tags are less expensive than passive tags in the low- and high-frequency ranges. Of all available RFID tag frequencies, UHF tags have the fastest reading speed and the longest read range-up to 150 meters (492 feet) under the right conditions. This growth is due to the increased functionality offered. UHF tags are projected to be the fastest-growing segment of the RFID market. ![]() Here are some of the trends driving that growth. The RFID industry continues to face several challenges, including cost and confusing technology.Īccording to a recent RFID market report, the global market for RFID tags, readers and software is expected to reach $10.7 billion this year and expand to $17.4 billion by 2026.RFID use in vaccine safety and touchless interactions is important.UHF tags are the fastest-growing segment, while logistics and supply chain management is the fastest-growing application.The RFID industry is growing fast and will continue to grow over the next five years.What RFID trends and challenges can you expect for the balance of the year and on into 2022? There are some important trends-and some issues-facing the industry. That’s definitely true for the radio frequency identification (RFID) industry, as the need for RFID technology continues unabated. Last year was challenging for all industries, but in the latter half of 2021, things appear to be getting back to some semblance of normal. ![]()
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