Tracktio Acquisition Enhances RFiD Discovery’s Industrial IoT and RTLS Tracking Solutions Growth

Paragon ID will take over Tracktio, a Spanish provider of asset and people tracking solutions specifically designed for industries operating in complex and hazardous environments. This acquisition will enable RFiD Discovery to strengthen its offerings in serving industrial markets.

Headquartered in Barcelona, Spain, Tracktio was founded in 2015 and is focused on developing tracking solutions to improve logistics, productivity, and safety in operationally complex industries such as manufacturing, logistics, construction, oil and gas, mining, and warehousing.

The company’s software platform, TrackSphere integrates major tracking technologies providing complete solutions for a wide range of applications and business challenges including geofencing, asset tracking, production monitoring, operational maintenance, lone worker supervision as well as overall workers’ health and safety.

It provides a comprehensive API for easy integration with clients’ existing software systems like ERP, MES, WMS, GIS, and others. Partners and customers can also develop their own reports and dashboards leveraging the TrackSphere API.

The company supplies its solutions directly to clients as well as through a network of partners in over 20 countries.

Global Smart Warehousing Market size is expected to reach $29 billion by 2028

The Global Smart Warehousing Market size is expected to reach $29 billion by 2028, rising at a market growth of 11.2% CAGR during the forecast period.

A smart warehouse is a large structure used for the storage of manufactured items and raw materials. Machines & computers are used in smart warehouse technology to undertake typical warehouse tasks that were previously performed by humans.

Receiving and recognizing orders, storing products, counting products, transferring orders to the relevant location, and recalling where orders are all accomplished in smart warehouses. All of these tasks are carried out with no or little errors, due to the use of various technologies like AGV, RFID, IoT, & analytics. The increased usage of modern technologies is a major element driving the market for smart warehousing forward.

In addition, a significant number of smart warehouses is moving toward automation of nearly all operations involved in getting goods from suppliers to customers. As a result, significant increases in the adoption of automation in warehouses throughout the world are expected to expand sales potential in the smart warehousing market in coming years.

Charging computer mice using NFC

Computer users will soon be able to charge a cable-free mouse using NFC simply by placing it on an NFC wireless charging mouse mat.

Chinese original design manufacturer Luxshare-ICT has released the charging mat as the first in a series of proof-of-concept designs for NFC wireless charging solutions for computer peripherals and wearable devices.

The solution will provide ready-made implementations of NFC wireless charging, enabling consumer electronics manufacturers to add wireless charging capability quickly and easily to products such as computer mice, keyboards and styluses, and to true wireless stereo earbuds, smart rings, smart watches and other consumer devices.

Automotive Logistics Market Size is Projected To Reach USD 350700 Million By 2028

The global Automotive Logistics market size is projected to reach USD 350700 million by 2028, from USD 253630 million in 2021, at a CAGR of 4.3% during 2022-2028, according to new research.

Automatic identification, data collecting, and transmission are being implemented using digital technologies like barcodes, OCR, and RFID devices.

The precise parameters relating to location, elevation, altitude, and other performance indicators are tracked by geopositioning and navigational satellites.

The companies in the automobile sector collaborate frequently with those in logistics to move their finished vehicles and component parts from one place to another. Automobile and component manufacturers now have improved control over inbound and outward transportation services, shorter lead times, and on-time deliveries thanks to the growing partnerships. Therefore, the automotive logistics market is expanding as a result of the rising number of collaborations between automakers and logistics providers.

eBay Launches Authentication for Fine Jewelry

As the marketplace's luxury categories continue to gain momentum with double digit growth, eBay announces the expansion of its Authenticity Guarantee to fine jewelry. Beginning today, in collaboration with GIA, the Gemological Institute of America, eligible new and pre-owned fine jewelry sold for $500+ will be available for the service.

The offering will soon expand to include top designer brands like Bvlgari, Van Cleef & Arpels, David Yurman, Cartier and Tiffany & Co. This marks the expansion of eBay's authentication service to its fifth category, which currently includes sneakers, watches, handbags, and trading cards.

eBay's collaboration with GIA – preeminent experts in gems and jewelry – will power the marketplace's authentication in this category, which has grown significantly over the past year: sales of Bvlgari, David Yurman and Van Cleef & Arpels were all up double-digits month-over-month in May of this year, while eight pieces of fine jewelry were bought every minute on eBay in 2021. With 90 years of expertise, GIA's unparalleled category knowledge will help ensure that buyers can shop and sellers can sell with total confidence.  As part of the collaboration, GIA experts, including gemologists, will perform a multi-point inspection, verifying metal type, purity, and gemstone quality, to confirm the authenticity of every eligible item.

GIA experts use best in class techniques to verify the condition and quality of the jewelry, ensuring the authenticity and accuracy as compared to the listing.  Every piece of jewelry that goes through eBay's Authenticity Guarantee service is examined by GIA experts who inspect the item to verify it is as described in the listing. They also confirm that its condition and quality are as described in the listing. Our Authenticity Guarantee service collaborates with GIA,  the preeminent experts in gems and jewelry, so you can shop with confidence. Details on the jewelry authentication process are as follows: 

Multi-point inspection by experts: Jewelry is examined for authenticity by GIA experts with years of industry experience and knowledge. GIA then performs a multi-point inspection, so you know your jewelry is authentic. Once verified, GIA will ship your item to you safely and discreetly, with signature confirmation required.
Unique Authentication Card: Verified jewelry will receive a unique authentication card with a QR code. Scan the code to access your item's documentation, and learn more about your jewelry and its authentication journey.
Verified Returns: In the event of a return, every item is inspected by GIA experts before it's sent back to the seller. Returns are shipped back directly to the authentication collaborators, verifying its authenticity.

CYBRA and RMS Omega Develop Strategic RFID Collaboration

CYBRA Corporation, the New York-based developers of Edgefinity IoT tracking software, and RMS Omega, a provider of RFID, barcoding, data collection, wireless, and mobility technologies, announced a partnership to deliver RFID-centered solutions focused on inventory tracking and asset management.

CYBRA’s Edgefinity Io® is a platform for rapidly building integrated applications that locate and help protect people, assets and vehicles using RFID, RTLS and other sensor technologies.

For barcoding applications, CYBRA’s MarkMagic solves barcode labels/forms design and printing challenges in one comprehensive package.

RMS Omega is a supplier and systems integrator for strategic tracking, data collection, and automation solutions utilizing RFID, barcode, mobile, and wireless technology. For over 20 years, RMS Omega has been working with companies of all sizes to solve complex business challenges, improve processes, data visibility and provide increased accuracy. With a dedicated team of RFID specialists, RMS has the expertise to evaluate, design and deploy advanced RFID and Real-Time Location Solutions (RTLS) for any environment.

The Rising Adoption Of IoT In The Automotive Sector Accelerates The Internet Of Things Market Growth

The application of IoT in various industries, such as the automotive industry, is driving the growth of the global IoT market.

The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. The IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control, and data delivery at any transportation point.

Major companies like Mercedes-Benz, Volkswagen, Volvo, Toyota, and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient, and more enjoyable driving experiences. According to UBS, 12% of the total cars sold in 2030 will be for autonomous taxi fleets, with 26 million driverless taxis in operation worldwide, approximately.

The global internet of things (IoT) market size is expected to grow from $326.90 billion in 2021 to $402.72 billion in 2022 at a compound annual growth rate (CAGR) of 23.2%. The internet of things (IoT) industry size is expected to reach $926.61 billion in 2026 at a CAGR of 23.3%.

OTACA is the first tequila company to fully digitize its product offerings with NFC

Identiv announced the successful completion of the pilot launch of Identiv's near field communication (NFC)-enabled smart packaging for OTACA Tequila. With over 5,000 bottles of tequila successfully digitized during the pilot launch, OTACA plans to ramp its production plans with Identiv to an additional 50,000 bottles of Reposado tequila in the first quarter of 2023.

In October 2021, Identiv announced a collaboration with OTACA Tequila to expand smart packaging innovations with NFC-enabled authentication, transparency, customer loyalty, and brand awareness. High-performing NTAG 210u NFC tags power the new smart packaging solution attached to the top of OTACA Tequila bottles. OTACA is the first spirits company to fully digitize its product offerings with NFC.

The NFC tag, combined with blockchain technology, strengthens the validity of the tequila's origins. A true artisanal sipping spirit, OTACA Tequila has been recently recognized for multiple awards including 2022 Sip Awards Double Gold, 2021 Cigar and Spirits Magazine World Spirits competition, and 2022 Spirits Business Awards Gold, Tequila and Mezcal Masters category.

Industrial IoT Market to Reach $276.79 Billion by 2029

According to a new market research report the Industrial IoT market is expected to grow at a CAGR of 16% from 2022 to 2029 to reach $276.79 billion by 2029.

Industrial IoT (IIoT) brings machines, cloud computing, analytics, and people together to improve the performance & productivity of industrial processes. With industrial IoT, companies can digitize processes, transform business models, and improve performance & productivity, while decreasing waste. The asset-intensive companies operating in manufacturing, energy, agriculture, transportation, and utility industries are working on IoT projects that connect billions of devices and deliver value to predictive quality and maintenance analytics, asset condition monitoring, and process optimization.

Growing investments in Industry 4.0, government encouragement to promote industrial automation, and high productivity & efficiency requirements are the major factors driving the growth of this market. Furthermore, industrial IoT for predictive maintenance and an increase in the number of data centers are expected to offer significant opportunities for the growth of the industrial IoT market. However, the lack of standardization and high capital & operating expense can restrain the growth of this market up to a certain extent.

In March 2022, the World Economic Forum announced 13 new sites to its Global Lighthouse Network, a community of 103 world-leading manufacturing facilities and value chains using Fourth Industrial Revolution technologies to increase operational performance and environmental sustainability. Among the companies in the global network, 66% of lighthouse companies, including Janssen (Italy), Sanofi (France), BOE Technology Group (China), Schneider Electric (India), and Unilever (India), among others, improved sustainability by reducing energy consumption, resource waste and carbon emissions, and increased productivity by 82%.

Telefónica to connect IoT devices via satellite with 5G technology

Telefónica, through its divisions Telefónica Tech and Telefónica Global Solutions (TGS), and Sateliot, a satellite telecommunications operator, are collaborating in the development of an innovative connectivity service with dual 5G NB-IoT technology in which Sateliot's new satellite network will be integrated with Telefónica Tech's current terrestrial NB-IoT networks to offer IoT connectivity wherever the customer needs it, including maritime coverage.
 
The objective is to complement Telefónica Tech's value proposition with a global satellite service using Low Earth Orbit (LEO) constellations to provide 5G NB-IoT connectivity. These constellations orbit at an altitude of between 500 and 1,000 kilometres, much lower than traditional geostationary satellites. In addition, being compatible with 3GPP standards, it will allow NB-IoT devices to connect seamlessly to both existing terrestrial networks and the new satellite network.
 
The architecture designed by Telefónica Tech, TGS and Sateliot natively integrates the satellite network with the network nodes of Kite, the managed IoT connectivity platform developed by Telefónica Tech with which the customer can control and monitor their power lines in real time and remotely from anywhere in the world through a web portal or via APIs.
 
This innovative 5G connectivity service via satellite will not require the use of devices other than those already used in NB-IoT connectivity and it is expected that agriculture, shipping, wind farms, solar farms and livestock will be the sectors that will benefit the most as they are the ones that need coverage in remote areas. Telefónica Tech and TGS plan to start the first pre-commercial pilots with customers later this year.

SmartMetric sees $5.765 Trillion in Global Biometric Payments by 2026

SmartMetric reveals that global biometric payments to the value of $5.765 trillion will be made annually by 2026.1 The research report goes on to say 'biometrics is now a must-have technology to secure payments across all payment channels.'

The Covid-19 pandemic has brought around serious reservations about using shared PIN-PADs and POS devices in physical locations which has resulted in an acceleration of biometric payment cards even more attractive to consumers.

The impact on touchless contactless payments is obvious. With a biometric contactless card the card user is affirmatively 100 percent identified by their fingerprint biometrics. A non-biometric contactless credit or debit card is inherently insecure. Reports and cases of card data theft from RFID data stealing from the card has made banks restrict the dollar amount per card transaction in order to mitigate the contactless card risk. With a biometric activated card like that made by SmartMetric, the risk of contactless cards for banks is greatly reduced as the card can only work following an on-card biometric fingerprint match.

The SmartMetric biometric credit/debit card has engineered into the card three power sources. A miniature hybrid solid state battery, a power feed from contact readers when the card is inserted into a contact store reader or a regular ATM and the contactless energy harvesting from contactless card readers.

DiMe Releases Toolkits to Improve Sensor Data Integration

The Digital Medicine Society (DiMe) released the Sensor Data Integrations Toolkits, four comprehensive toolkits to guide data producers, processors, and consumers to use the influx of data from the increased use of wearables and digital sensing products at scale.

These resources are based on the Sensor Data Integrations project, comprised of healthcare leaders from Amazon Web Services (AWS), Oracle, the Moffitt Cancer Center, Takeda, the US Department of Veterans Affairs (VA), and more.

These toolkits will help realize the promise of sensor generated data to drive better decisions, faster, to improve healthcare delivery and research.

The surge of data from sensor technologies is far outpacing the industry's ability to collect, store, analyze, protect, and use this data effectively for patient care and research. The number of US patients using remote patient monitoring devices is expected to surpass 70 million by 2025.

Between 2022 and 2028, the global market for wearable technology is expected to grow around 18.5 percent, reaching $380.5 billion. The number of unique digital endpoints being used in industry sponsored trials of new medical products increased by over 950% between October 2019 and May 2022. The number of sponsors using these products in medical product development increased from 12 to 96 in the same timespan. And while the ability to discern high-quality sensor data suitable for clinical decision making is increasing rapidly, the ability to access these data is constrained by a current dependence on individual point solutions.

The InfraMarker RFID App Now Live in the Esri ArcGIS Marketplace

Berntsen International, a manufacturer of infrastructure marking products, announces that its InfraMarker RFID App is now live in the Esri ArcGIS Marketplace.

The InfraMarker RFID App provides the connection between passive UHF RFID marking technology and Esri's ArcGIS software. This linking of RFID and GIS with the app enables faster, more reliable asset tracking and management.

Passive UHF RFID is the fastest growing asset identification technology in the world and used to verify, trace, and track products in inventory, retail, manufacturing, utilities, and construction industries. With the InfraMarker RFID app, those RFID-marked products can now be directly integrated with the power of GIS and asset management software.

The InfraMarker RFID App is available on the ArcGIS Marketplace. The ArcGIS Marketplace is a curated digital geospatial channel of system ready apps, content, solutions, and professional services from Esri's ecosystem of partners for ArcGIS users to identify and discover additional resources for ArcGIS software.

Identiv Names RFID Industry Innovator Manfred Rietzler as Strategic Advisor

Identiv announced the addition of Manfred Rietzler as a strategic advisor to work with Identiv's executive leadership team.

Rietzler joins Identiv with an impressive career as an entrepreneur and investor in several groundbreaking fields, including radio frequency identification (RFID), computer vision, robotics, and renewable energies. He is a recognized thought leader in strategic business analysis and planning, business case modeling, product design, and project management in the field of information technology.

In 2001, Rietzler founded the Smartrac Group, a designer, developer, and manufacturer of RFID products (now a part of Avery-Dennison). He served as Smartrac Group's CEO until 2006, focusing on developing RFID-based retail and industrial applications. During his tenure, Smartrac grew into a global leader in the RFID industry, achieving technological milestones in some of the earliest applications for high-frequency (HF) and near field communication (NFC). From 2006 to 2010, Rietzler was Smartrac's CTO, then served as a member of the Supervisory Board of Smartrac Group for several years. In 2011, he founded Intec Solar Ltd., and has since been the chairman of their Boards of Directors. Rietzler created more than 300 patents and patent applications.

Windows 11 Is Getting a Built-In QR Code Scanner

The included camera application on Windows can capture photos and video, but not much more than that. The app was already capable of ‘scanning’ documents and whiteboards, where the edges are trimmed just like phone-based document scanner apps, but now it can also recognize and scan QR codes and barcodes.

The built-in camera apps on most phones can read QR codes, and now you won’t need a third-party app for scanning them with your PC’s camera either.

The new update was revealed alongside new features for the Media Player in Windows 11, including the ability to rip CDs.

Global IoT integration market size to grow from USD 2.4 billion in 2022 to USD 9.2 billion

The global IoT integration market size is expected to grow from USD 2.4 billion in 2022 to USD 9.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 30.2% during the forecast period.

IoT devices enable performing multiple functions faster in real-time due to its high computational power. The increasing adoption of IoT devices is increasing the need for integration services globally. The insights obtained after data analysis play an important role in improving the business functions.

The small and medium sized enterprises are estimated to account higher CAGR during the forecast period
As it is complicated and costly to set up a secured IT infrastructure, SMEs may traditionally run their IT infrastructures and are seldom aware of threats to their information. SMEs have been slow adopters of IoT integration services in the current market scenario. However, with the increasing emphasis on the adoption of advanced IT technologies and the demand for secure IT infrastructure, the SMEs segment is expected to adopt IoT integration services faster over the coming years.

SMEs are typically more flexible in using and adopting emerging technologies, such as IoT, cloud, and analytics, as their existing IT investments are not huge. Hence, they can adopt any technology at a faster pace.

IoT based Asset Tracking and Monitoring Market worth $6.6 billion by 2027

According to the report "IoT based Asset Tracking and Monitoring Market by Connectivity(Wi-Fi, Bluetooth, Cellular, NB-IoT, LoRa, SigFox, UWB, GNSS), Application(Automotive, Manufacturing, & Cold Chain Monitoring), Region(North America, Europe, APAC, RoW) - Global Forecast to 2027", published by MarketsandMarkets, the market is projected to grow from USD 3.9 billion in 2022 to USD 6.6 billion by 2027; it is expected to grow at a CAGR of 11.3% from 2022 to 2027.

The key factors fueling the growth of the IoT based Asset Tracking and Monitoring market include the adoption of IoT for real time tracking and condition monitoring. Moreover, demand for better throughput and reliable connectivity to create abundant opportunities in market.

The LoRa segment is projected to grow at the highest CAGR in the IoT based Asset Tracking and Monitoring market from 2022 to 2027.

LoRa is easy to plug into the existing infrastructure and offers a solution for battery-operated IoT applications. Semtech (US) has deployed LoRa technology into its chipsets. These chipsets are integrated into the products offered by its vast network of IoT partners and LPWANs provided by mobile network operators worldwide. The reason LoRa is gaining popularity is mainly due to its open protocol. One of the most promising areas of application is asset tracking.

IoT-based tracking and monitoring involve collecting real-time location information, health management, routine feeding management, sorting, and similar functions. The growing demand for advanced monitoring solutions, especially for cattle, has led to a surge in demand for livestock monitoring components such as smart tags, sensors, and GPS modules, thereby driving the growth of the livestock monitoring market.

Smart Cities Market is Prospering at USD 1874.83 Billion by 2029

 

Data Bridge Market Research analyses that the smart cities market was valued at USD 390.13 billion in 2021 and is expected to reach the value of USD 1874.83 billion by 2029, at a CAGR of 21.68% during the forecast period of 2022 to 2029.

A smart city is a framework that uses information and communication technology (ICT) to deploy, develop, and promote sustainable urban development. It also aids in the dissemination of information to the public, the improvement of operational efficiency, and the enhancement of citizen welfare.

A smart city uses hardware components such as chips, sensors, and actuators, as well as software solutions such as user interfaces (UIs), communication networks, and Internet of Things (IoT) devices to promote mixed-land use for unplanned areas, which offers a variety of facilities in one location and aids in the optimum utilisation of available space.

One of the encouraging factors driving growth in the smart cities market is the increasing investment in smart city designs. Certain plans are leading the way in developing countries, where governments are investing billions of dollars in smart city designs because everything will be combined in these smart cities, garbage collection with the use of smart cities will benefit certain regions. Furthermore, lowering the cost of internet of things (IoT) sensors is a significant factor driving growth in the smart cities syndicate. Consumption administration businesses are taking this very seriously as sensors will be installed in data visualisation programmes and screening support, as it will aid in the comfortable collection of garbage.

Panthronics launches NFC connectivity board

Panthronics AG, a fabless semiconductor company specializing in high performance wireless technology, announced the release of its High-Performance NFC Connectivity Board for the Renesas Quick-Connect IoT rapid system prototyping platform.

The new Panthronics NFC board provides a fast and easy way to build NFC connectivity into IoT systems based on any of the popular Renesas general purpose microcontrollers which support the modular Quick-Connect IoT format. Featuring a Pmod connector, the High-Performance NFC Connectivity Board can be easily linked to the Renesas Quick-Connect microcontroller evaluation kits.

Panthronics supplies a pre-compiled software library which enables Renesas MCUs to drive the board out-of-the-box, with an application programming interface (API) which helps developers to implement NFC applications easily. The NFC reader chip on the board runs the proven Panthronics NFC protocol stack. Panthronics also supplies a Quick Start Guide, board schematics and application example code.

By adding a High-Performance NFC Connectivity board to IoT product prototypes, design engineers can enable with minimal effort a wide range of new uses in applications such as access control, brand authentication, ticketing and gaming.

The Quick-Connect NFC board benefits from the technical advantages common to all Panthronics NFC readers. Their unique sine-wave architecture offers higher sensitivity and output power than conventional NFC readers, for improved connectivity even in difficult operating conditions, such as via the board's small antenna. The Panthronics architecture also reduces component count by eliminating the EMC filter required in competing readers: this makes it easier to perform antenna matching and to comply with demanding standards including the EMVCo 3.0 standard for payment terminals.

ING to pilot UWB for contactless P2P payments

Dutch bank ING is to pilot a payments feature that uses ultra wideband (UWB) technology to enable consumers to make peer-to-peer (P2P) mobile payments.

The solution — known as NEAR — will allow users to settle P2P payments with other NEAR users via ING’s banking app simply by holding their UWB-enabled smartphone close to another UWB phone.

ING has developed the solution with NXP Semiconductors and Samsung and will carry out an internal pilot with users of UWB-enabled Samsung smartphones in the second half of this year.

Global Consumer IoT Market projected to reach USD 212.45 Bn by 2027

The Global Consumer IoT Market is estimated to be USD 95.06 Bn in 2022 and is projected to reach USD 212.45 Bn by 2027, growing at a CAGR of 17.45%.

Market dynamics are forces that impact the prices and behaviors of the Global Consumer IoT Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
 

Kordsa to advance RFID technology in tires

Turkish reinforcement and materials specialist Kordsa has entered a partnership with German-based SES RFID Solutions to advance radio frequency identification (RFID) technology in tires.

The two companies will develop a small-sized, flexible RFID tag to be placed on vehicle tires prior to the curing (vulcanisation) process.

Kordsa will contribute its materials technology to apply the tags onto the tires before the curing process.

Prototype sampling is scheduled for the third quarter of 2022

TSC Printronix Auto ID Launches New Alpha-30R Mobile Barcode Label Printer

TSC Printronix Auto ID, a global leader in barcode label printing solutions, announces the launch of its new Alpha-30R 3-Inch Performance Mobile Barcode Label Printer.

The new printer is available in two models, basic and premium, to offer expanded features and support for a wide variety of media types. The basic model offers support for receipt and label media with print speeds up to 5 ips, while the premium model offers support for a variety of receipt and label media with print speeds up to 6 ips. Both basic and premium models support linerless media.

Built for durability, the Alpha-30R meets MIL-STD-810 military standards for drop and vehicle vibrations. The Alpha-30R is IP54-rated to protect against water and dust and to keep your operation running smoothly indoors or outdoors. Designed to withstand a 2.1 m drop and 800 tumbles, when used with a protective case, the Alpha-30R has achieved a ruggedness level that can withstand a 2.5 m drop and 1,000 drops in a harsh environment.

2D Barcode Reader Market Is Expected To Grow At An 8% Rate

According to The Business Research Company’s research report on the 2D barcode reader market, the rapid growth in the e-commerce market requires better tracking, order fulfillment, and other functionality, thus driving the demand for 2D barcode readers during the forecast period.

E-commerce channels allow customers to purchase a number of products at ease and also generate cost savings for manufacturers who use 2D barcode readers in products for labelling, tracking, and fulfillment. Digital shopping is becoming more convenient and has gained popularity among consumers worldwide.

For instance, according to a United Nations Conference on Trade and Development (UNCTAD) 2021 report, online retail sales grew markedly in several countries, with the Republic of Korea reporting the highest share at 25.9% in 2020, up from 20.8% the year before.

In countries such as India, for instance, e-commerce portals have boosted the sales of various goods by giving greater exposure to producers who were confined to one geography. Further, COVID-19-related boosts in online shopping resulted in U.S. e-commerce growth of 32% in 2020 to reach $790 billion, up from $598 billion in 2019.

The increasing e-commerce market ensures greater availability and reach of a number of products, thus driving the 2D barcode reader market during the forecast period. With reducing delivery times and leaner supply chains, the demand for last-mile delivery, where a parcel moves from a transportation hub to its final destination in e-commerce, is expected to drive the demand for 2D barcode readers.

Rugged tablet market Size to Grow by USD 307.39 million

The increasing demand from the defense sector is driving the rugged tablet market growth. Rugged tablets provide mobility of information flow via a secure connection. 

The rugged tablet market size is expected to grow by USD 307.39 million from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.29% during the forecast period.

They enable military personnel to easily access information on a real-time basis. Moreover, Wi-Fi has become highly valued by the military and public sectors, with improvements to the protocols essential for securing communication. These factors will drive the rugged tablet market growth during the forecast period.

Nwer models of rugged tablets are coming with additional features, such as built-in barcode scanners and RFID readers, to enable easier data acquisition during heavy machinery maintenance and tracking/management of inventory within manufacturing and distribution environments.

The rugged tablet market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The competition in the market is expected to increase during the forecast period due to a rise in demand for feature-rich rugged tablets, decreasing cost, and the growing demand from vendors to upgrade their technology and capture the market via M&A and partnership. The global rugged tablet market is in its growth stage and is expected to grow in the forecasted period.

QR Codes Make it Easy for Guests to Scan to Support Programs That Make a Difference

Scanbuy will support Tim Hortons 31st annual Camp Day to be held on July 13th, when restaurant owners in Canada and the United States will donate 100 percent of hot and iced coffee proceeds to support Tim Hortons Foundation Camps.

This year, QR Codes will be integrated into the Camp Day awareness campaign to help guests quickly learn about Tim Hortons Foundation Camps and donate to the effort.

QR codes will be featured on point-of-purchase materials and other marketing collateral, and Scanbuy's technology takes it from there. With a quick scan of the QR code, guests will be instantly directed to the Foundation's website where they can access more information about the programs offered, the impact on underserved communities, and ways to donate time and funds.

The public is invited to visit any Tim Hortons restaurant in Canada and the United States on July 13th to support the Camp Day effort and learn more about the impact of Tims Camps. There are several ways to participate on Camp Day, with 100 percent of the proceeds going to Tim Hortons Foundation Camps via these opportunities:

Smart Card market projected to reach 11200 Million USD by 2025

The Smart Card market was valued at 7550 Million USD in 2018 and is projected to reach 11200 Million USD by 2025, at a CAGR of 5.0% during the forecast period.

In a new study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Card.

The Global Smart Card market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

China’s Smart Card industry is still in the development stage. China is a large population country, there are only few manufacturers which can produce the Smart Card product. Most of Smart Card products are still relying on import. With the People’s Bank of China (PBOC) have announced all banking cards in China would migrate to smart cards,the demand for smart card have a rapid development in recent two years. At present, there is still a wide gap in the market size, the capital , marketing, product development or technical studies between China domestic enterprises and foreign enterprises , especially in some high-end technology field.

In the coming years, Smart Card market is expected to witness the highest growth rate in the Asia-Pacific region. Although Smart Card brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

Self-Checkout System Market to value USD 10 Bn by 2030

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Self-Checkout System Market is anticipated to cross over USD 10 billion by 2030, according to a research report by Global Market Insights Inc. The industry growth can be attributed to increasing labor costs that enable end-users to complete the checkout process without the need for staff.

The demand for services offered related to self-checkout systems is increasing owing to growing concerns over data security breaches. This issue has prompted businesses to improve their systems regularly. For instance, in March 2022, Diebold Nixdorf and McDonald's extended their IT service cooperation deal. The business will provide commissioning, installation, and maintenance services for all McDonald's Germany restaurant expansion or launches.

The increased emphasis on avoiding cybersecurity attacks that expose sensitive information will aid market dynamics. Continuous usage of self-checkout systems can place a massive strain and lead to possible system failure, further stressing the need for efficient services to ensure optimum functioning.

The expanding entertainment sector in Europe will enable the self-checkout system market to grow as it keeps a precise record of several daily transactions. For instance, in March 2022, Park World Online announced plans to invest extensively in the expansion of its park infrastructure. The company is increasingly focusing on upgrading the amusement park to offer an immersive experience to the visitors. These factors will boost the integration of self-checkout systems in these facilities to provide enhanced customer service. This system also offers flexibility and transparency to the checkout process of the entertainment business.

Internet Of Things Market is Projected To Reach USD 74630 Million By 2028

The global IoT market size is projected to reach USD 74630 million by 2028, from USD 34250 million in 2021, at a CAGR of 11.6% during 2022-2028.

The IoT market growth is expected to grow due to increasing access to low-cost, low-power sensor technology, availability of high-speed connectivity, the proliferation of cloud-based software, and the use of data processing and analytics.

The increase in smart city initiatives, the growing number of connected devices, and the emerging 5G network will drive the growth of the market.

Organizations around the world are shifting to IoT technology to improve efficiency and serve customers better. A network of sensing units and actuators covered with software and equipment connect the gadgets to collect and store reasonable information. Software programs with machine intelligence capabilities analyze the stored raw data and provide the final information that aids in decision-making. These factors will drive the growth of the IoT market during the forecast period.

The internet of things market will be impacted positively by the continuous innovations in sensor technology. Computing power has increased manifold in the last few years. This has enabled newer applications for mobile connectivity in augmented and virtual reality. Microprocessor advancements have allowed IoT manufacturers to develop smaller, faster, and cheaper sensors for large-scale monitoring and detection. These high-end IoT sensor chips can detect minute changes and operate robots in warehouse environments. However, the market will be impacted in the short term due to the global chip shortage.

Robotic Sensors Market to Reach $4.9 Bn

 

According to a new report, the global robotic sensors industry was estimated at $1.8 billion in 2021, and is anticipated to hit $4.9 billion by 2031, registering a CAGR of 10.78% from 2022 to 2031.

Surge in need for automation & safety in organizations and availability of affordable, energy-efficient robots drive the growth of the global robotic sensors market. On the other hand, limited shelf life associated with robotic sensors hinder the growth to some extent. However, increase in adoption of robotics technology in emerging economies has been beneficial for the industry.

By type, the force sensor segment contributed to the major share in 2021, holding around one-third of the global robotic sensors market. This is attributed to the fact that plasticization is an economic way to obtain waterproof, stain-resistant, anti-slipping, comfortable, and safe floors. The proximity sensor segment, however, would cite the fastest CAGR of 11.8% during the forecast period.

By vertical, the manufacturing segment accounted for the major share in 2021, holding nearly one-third of the global robotic sensors market. This is attributed to the fact that use of robots in the manufacturing industry enables manufacturers to achieve high quality, reliability, economic efficiency, and less product life cycle cost. The logistics segment, on the other hand, is expected to grow at the fastest CAGR of 11.69% from 2022 to 2031.

Carrier Dual Delivers Shared RAIN RFID and NFC Memory

Confidex has released a new label with shared memory for RAIN RFID (UHF) and NFC interface. Unlike legacy dual frequency tags, this latest member of the Carrier product family for washable returnable transit items (RTIs), can store critical data and transmit that data via both RAIN RFID and NFC interfaces on a single IC.

With this label - leveraging the EM Microelectronic em|echo-V (EM4425) IC - users can access the same unique information about a product or asset via either a standard RAIN RFID or with an NFC reader or mobile phone. The RAIN RFID interface builds on a widely installed existing infrastructure, adding NFC on top to enable a seamless consumer interaction and remove any barrier to the end user reading the tag.

The Carrier Dual label boasts the same robust structure - proven in the field - provided by Confidex’s other Carrier family products. Its compact size makes it perfect for reusable pallets or consumer goods packaging, at 70 by 36 millimeters (2.75 by 1.41 inches).

This unique label is optimal for numerous applications in the industrial sector from reusable transport items to other industrial assets that require a long-term label solution. Until now, many businesses have found RFID deployments out of reach because RAIN RFID tags could only be operated by those with a proper RFID reader infrastructure, while existing dual-frequency tags are often too costly and a hassle to operate with two separate technologies embedded together but without a real interaction in between. That entry cost is significantly reduced however, with Confidex Carrier Dual that enables encoding of both RAIN RFID and NFC memories using the industry leading RFID printers. This means, customers can encode also NFC data such as website address with an existing RFID printer.

Impinj Launches E910 RFID Reader Chip

Impinj has introduced its new E910 RAIN RFID reader chip, an expansion of the Impinj E family reader chips which were introduced a year ago.
 
The Impinj E910, E710, E510, and E310 RAIN rfid reader chips are high-performance, low-power system-on-chips (SoCs) that address increasing demand for item-level visibility in retail, supply chain and logistics, and other markets. With industry-leading system integration and easy-to-use development tools, the E family reader chips accelerate the development of IoT devices that reliably identify, locate, and authenticate connected things.
 
Impinj E910 reader chips can quickly and reliably discover and engage a high-volume of Internet of Things connected items such as retail apparel, pallets, airline baggage, and automobile parts.

The global SCM market size to grow to USD 45.2 billion by 2027

The global SCM market size is to grow from USD 28.9 billion in 2022 to USD 45.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during 2022-2027.

The major growth drivers for the market include increasing demand for greater efficiency and transparency in supply chain data and distribution processes. However, growing security and privacy concerns among enterprises may restrain the market growth.

The continuous monitoring ability of RFID efficiently prevents the theft of equipment. RFID has emerged as a technology that supports warehouse management systems for a simpler supply chain and improved product intelligibility. With RFID technology, important tasks that take place during the receiving and shipping processes can be automated.

RFID also increases the efficiency of identification and validation activities and reduces human errors. It ensures the identification of products in an instant and improved control over items in the warehouse. RFID technology reduces costs, increases safety, and improves SCM. Hence, expected to grow at the highest CAGR during the forecast period.

The adoption of SCM solutions and services among large enterprises is high due to the increase in the adoption of cloud, as well as an on-premises deployment, and this trend is projected to continue during the forecast period. Large enterprises are increasingly investing in advanced technology solutions to increase the overall productivity and efficiency of the company. With the increase in the amount of data, large enterprises need to invest in IT infrastructure and technical expertise for automating various tasks regularly. In order to reduce CAPEX and OPEX of infrastructure, large enterprises are widely adopting cloud SCM solutions and services.

Infrared Sensors Market Recorded 4.80% Y-O-Y Growth Rate in 2021

The infrared sensors market size is set to grow by USD 178.26 million from 2020 to 2025, progressing at a CAGR of 7.23% according to the latest market report by Technavio.

Technavio categorizes the infrared sensors market as part of the global electronic components market. The research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the infrared sensors market during the forecast period.

 The infrared sensors market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market. ams AG, Excelitas Technologies Corp., Hamamatsu Photonics KK, Honeywell International Inc., Lynred, Murata Manufacturing Co. Ltd., OMRON Corp., Raytheon Technologies Corp., Teledyne Technologies Inc., and Texas Instruments Inc. are some of the major market participants.

Delta and American Express launch first-ever credit card design made from airplane metal

Delta and American Express are launching a limited-edition contactless Boeing 747 card design made with 25% airplane metal from Delta Ship #6307, a retired Delta Boeing 747 from the airline’s fleet.

“The idea of making a metal credit card out of actual airplane metal began years ago, and the creativity and innovation that was required to achieve this is incredibly meaningful,” said Dwight James, S.V.P. of Customer Engagement & Loyalty at Delta and CEO of Delta Vacations.

From June 16 through Aug. 3, 2022, customers can apply for the Boeing 747 Delta SkyMiles Reserve and Reserve Business Card – while supplies last. Along with best-in-class travel benefits, it comes with access to exclusive content via an augmented reality experience that comes with the welcome kit. Created especially for the limited-edition card design, the AR experience features the history of the Delta Ship #6307 and the Boeing 747, flight stories and the card transformation.

The Boeing 747 Reserve Card started out as Delta ship #6307, a now-retired Boeing 747-451. The Boeing 747, known as “The Queen of the Skies” and “The Jumbo Jet” for its majestic presence and distinctive “hump,” set the stage for many advancements in air travel and was a beloved part of Delta’s fleet.

SPA warns on ongoing chip shortages throughout 2023

Analysis from the Smart Payment Association (SPA) confirms that the global semiconductor (chip) shortage will continue throughout 2023, severely impacting the delivery of payment cards worldwide.

This ongoing supply challenge results from a range of factors including post-COVID recovery leading to a surge in demand of semiconductors.

Additionally, payment card deliveries are suffering from extended lead times for key raw material supplies such as plastic, metal and other components of a smart card. This is due to various factors including recent COVID-related factory shutdowns in China, and global supply chain disruptions created by materials shortages and freight capacities still not at the pre-COVID level.

While these factors continue to exert pressures, the payment card manufacturers in the SPA1 do their utmost, together with their respective customers, to design and implement card supply risk mitigation strategies. These include robust inventory management, optimizing utilization of all available products and stock levels, greater forecast accuracy, and ever-closer collaboration with respective suppliers to reduce impact.

New Trend Of QR Codes In The Packaging Industry

QR codes may have failed on their first try 10 years ago, but this time they are a marketing team’s hottest asset. Pinnacle Packaging President Nicole DeJoris says you can expect to see them everywhere, including on packaging supplies from shipping boxes to tape and inserts.

Packaging is jumping on the QR code bandwagon, especially because of COVID, DeJoris said. It’s a simple way for consumers or anyone receiving a package to scan the QR code and get more information on the product or the company itself.

Not only are these quirky pixelated squares making marketers’ dreams come true, but more importantly, they are giving buyers a 10 times experience thanks to how easy and fast they are to use. All it takes is a quick scan with a phone’s camera, touching the link that pops up, and a buyer or prospect is immediately taken to a URL that is directly related to something they have purchased or are interested in.

QR codes come in two different types, static and dynamic. Static codes take a user to a location that provides information that will not change, while the dynamic version is editable, making it much more versatile since the information that is pulled up when scanned can be changed.

The dynamic QR code is especially useful for placement on shipping boxes and water-activated tape because they are purchased in large quantities, and the information that was important when the boxes were first printed with the code could change over time.

Internet of Things (IoT) Chip Market to Reach $503.1 Million by 2026

The global market for Internet of Things (IoT) Chip estimated at US$380.5 Million, is projected to reach a revised size of US$503.1 Million by 2026, growing at a CAGR of 4.6% over the analysis period.

Processors, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$198.3 Million by the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Connectivity Integrated Circuits segment is readjusted to a revised 3.8% CAGR for the next 7-year period.

The Internet of Things (IoT) Chip market in the U.S. is estimated at US$119.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$89.1 Million by the year 2026 trailing a CAGR of 4.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Timecho Raises Over US$10 Million First Fund for Open-Source Software R&D

Timecho, founded by the creators of Apache IoTDB, an IoT-native time series database, has announced a first round of funding of more than US$10 million led by Sequoia China and joined by Koalafund, Gobi China, and Cloudwise.

Time series database has thrived in recent years to meet new data management requirements for the Internet of Things (IoT) era. Developers are seeking a database that can optimize data ingestion rates, storage compression as well as query and analytics features that match the needs of their time-stamped data applications. Based on Apache IoTDB, a top-level open-source project ranked seventh by commits (individual changes to files) in 2021 among all Apache projects, Timecho is technically capable of delivering foundational infrastructure that powers demanding industrial use cases. 

Moreover, the Timecho team has over 40 patents and papers in industry-leading, time-series management journals including ICDE, SIGMOD, VLDB.

Timecho will focus on providing solutions that will be more adaptable with high-end equipment, mass devices, computational-resource-limited platforms, and further scenarios.

Avery Dennison launches Dual-Frequency RFID inlay

Avery Dennison has launched AD Slim DF EM4425 tag as an addition to its expanding dual-frequency (DF) range of RFID inlays, which provides combined NFC (HF) and Rain RFID (UHF) functionality for item-level tagging in a slimmed-down form factor.

The new AD Slim DF EM4425 tag is designed for logistics, medical and industrial use cases while also offering customer engagement features.   
 
Based on Avery Dennison’s Dual Frequency product line, the inlay operates in both HF and UHF RFID frequency ranges.  

The majority of Avery Dennison Smartrac inlays are compliant with ISO 9001:2015 Quality Management and ISO 14001:2015 Environmental Management, which ensure RFID product meets a variety of application needs, especially in healthcare and industrial environments.

Automated barcode applicator for microplates and Petri dishes

Oorvair Sciences announce eGecko – an automated barcode application system that provides the ideal high throughput solution for precisely applying barcode labels onto racks of plates and Petri dishes.

The eGecko is a completely integrated printer and application unit in one, requiring only an electrical supply for operation.

eGecko enables you to connect to your network LIMS system to allow live data transfer and validation of application labels. Running in the on-board optional verification mode, eGecko² allows you to print and verify all labels to ensure no unreadable labels enter your workflow.

Global Barcode Printers Market Size Worth US$ 10.53 Bn By 2028

The global barcode printers market was valued at USD 4.35 billion in 2021 and it is forecasted to grow with a compound annual growth rate (CAGR) of about 5.8 percent. The market revenue is projected to reach around USD 10.53 billion by 2028.

The most common uses of barcode printers is in the region are retail, logistics, transportation, manufacturing, and healthcare & hospitality.

Many firms that sell barcode printers have a presence in North America, which significantly contributes to the region's barcode printer market's growth.

This growth is attributed to rapidly evolving retail and manufacturing sectors in emerging countries in the region such as China and India are largely supporting the market growth. Europe on the other side is anticipated to remain at the third position in the global market.