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Global Radio Frequency Identification Market in Retail Industry 2008-2012

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Radio Frequency Identification (RFID) is a technology used for the identification and capture of data using radio waves. A basic RFID system consists of antenna or coil, transceiver (with decoder), and transponder (RF tag). In the recent times, there have been many advances in the RFID technology, which account for reduction in the cost of its components with an increase in its capabilities. The RFID market has gone through a transition; with focus on meeting compliances with regulations. In addition, the focus is on revenue generation and innovation. Innovation in the RFID applications comprises tracking inventory on a real-time basis and using it for production, storage, shipping, and distribution. The RFID technology buyers are driven by greater functionality features and return on investment. Another driving force for the RFID market is that the governments of different countries are focusing on allocation of frequency and harmonization of RFID bands. This is likely to ensure greater interoperability and credibility to the market. For example, the Chinese government had invested in RFID for the national identification card scheme; the US government for military; and the British government for passports. Moreover, the governments of different countries are looking for RFID to combat terrorism, crime, and epidemics. The retail sector is experiencing intense competition and every retailer is striving to reduce expenses, increase sales, and enhance customer satisfaction. The benefits of RFID in retail helps in reducing stock-outs, improves stock replenishment speed, stock relevance and customer service. Further, item-level tagging, which is already mandated by few of the large retailers, is expected to gain in popularity to offer real-time inventory management. All this indicates a significant rise expected in the investment of RFID software and hardware among the retailers to sustain in the competitive environment. The report by TechNavio Insights forecasts the

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									                             Global RFID Market in Retail Industry
                                                       2008-2012




Global Radio Frequency Identification Market
        in Retail Industry 2008-2012




                                                            1
                                                                         Global RFID Market in Retail Industry
                                                                                                   2008-2012




                                    Table of Contents

1. Introdu cti on ............................................................................. 3
2. Gl obal RFID in Retail In du stry Market Siz e & Forecast ........................ 4
3. Retail RFID Market Segmentati on by Geograph y ............................... 5
  3.1 Retail RFID Market in Americas ................................................. 6
  3.2 Retail RFID Market in EMEA ..................................................... 7
  3.2 Retail RFID Market in APAC ...................................................... 8
4. Retail RFID Market Tren ds ........................................................... 9
5. Retail RFID Market Growth Drivers .............................................. 11
6. Retail RFID Market Ch all enges .................................................... 12
7. RFID Vendo rs .......................................................................... 13
  7.1 Alien Techn ol ogy Corporation ................................................. 13
  7.2 Ch eckpoint Systems, In c ....................................................... 14
  7.3 Mi crosoft Corporation ........................................................... 15
  7.4 Motorola Inc ....................................................................... 16
  7.5 Oracl e Corporation ............................................................... 17
  7.6 Texas In stru ments In corporated ............................................. 18
Oth er Reports in this Seri es ........................................................... 19




                                      List of Exhibits


Exhibit 2.1: Gl obal RFID in Retail In du stry Market Siz e an d Forecast 2008 -
2012 (In $ million ) ........................................................................ 4
Exhibit 3.1: Market Segmentati on of RFID in Retail Indu stry by Geograph y
(2008) ........................................................................................ 5
Exhibit 3.2: Americas Retail RFID Market Siz e 2008 - 2012 (in $ million) .... 6
Exhibit 3.3: EMEA Retail RFID Market Siz e 2008 -2012 (In $ million ) ......... 7
Exhibit 3.4: APAC Retail RFID Market Siz e 2008 -2012 (in $ million ) .......... 8




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                                                                      Global RFID Market in Retail Industry
                                                                                                2008-2012




1. Introduction
Radio Frequency Identification (RFID) is a technology used for the identification and capture
of data using radio waves. A basic RFID system consists of antenna or coil, transceiver (with
decoder), and transponder (RF tag).
In the recent times, there have been many advances in the RFID technology, which account
for reduction in the cost of its components with increase in its capabilities.
The RFID market has gone through a transition; with focus on meeting compliances with
regulations. Also, the focus is on revenue generation and innovation. Innovation in the RFID
applications comprises tracking inventory on a real-time basis and using it for production,
storage, shipping, and distribution. The RFID technology buyers are driven by greater
functionality features and return on investment. Another driving force for the RFID market
is that the governments of different countries are focusing on allocation of frequency and
harmonization of RFID bands. This is likely to ensure greater interoperability and credibility
to the market. For example, the Chinese government had invested in RFID for the national
identification card scheme; the US government for military; and the British government for
passports. Moreover, the governments of different countries are looking for RFID to combat
terrorism, crime, and epidemics.
Among the RFID components, demand for Real Time Location Systems (RTLS), disposable
smart active RFID sensor systems, and other multi-functional devices are expected to
increase. Also, there has been an evolution for new technologies such as Ubiquitous Sensor
Networks (USN), which is a form of active RFID.
The retail sector is experiencing intense competition and every retailer is striving to reduce
expenses, increase sales, and enhance customer satisfaction. The benefits of RFID in retail
helps in reducing stock-outs, improves stock replenishment speed, stock relevance and
customer service. Further, item-level tagging, which is already mandated by few of the
large retailers, is expected to gain in popularity to offer real-time inventory management.
All this indicates a significant rise expected in the investment of RFID software and
hardware among the retailers to sustain in the competitive environment.
RFID vendors ne
								
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