Pet Smart Tracker Market to Reach $2.6 Bn

According to the report, the global pet smart tracker industry was estimated at $938.9 million in 2021, and is anticipated to hit $2.6 billion by 2031, registering a CAGR of 10.3% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chains, competitive scenarios, and regional landscapes.

By pet type, the dogs segment accounted for the highest share in 2021, holding more than three-fifths of the global pet smart tracker market. This is because pet owners have now become more concerned about their pets' health, and smart solutions such as smart trackers are getting more & more popular these days. The cats segment, on the other hand, would portray the fastest CAGR of 10.9% during the forecast period. Due to significant growth in pet cat population, manufacturers of smart trackers are now concentrating on the premium & health categories of pet trackers for cats. Some smart trackers can aid with oral health, weight control, and immune system strength.

By distribution channel, the offline segment held nearly three-fifths of the global pet smart tracker market, accounting for the major share in 2021. Increase in disposable income, rise in pet humanization, and surge in awareness toward pet health have made pet parents more conscious of their pets' well-being. As a result, pet smart tracker purchase from offline stores has increased. The online segment, at the same time, would showcase the fastest CAGR of 10.9% throughout the forecast period. This is because online sales have been steadily increasing. Due to rapid development in pet humanization, availability of creative and modern solutions such as online sales that meet consumer demand has grown even more popular than before.

Growth in Emerging Printed Electronics Applications Drives Growth Coductive Ink

IDTechEx's newly released report "Conductive Ink Markets 2023-2033" comprehensively explores this crucial material technology that underpins both photovoltaics and the emerging field of printed electronics.

Based on interviews with over 30 companies, the report assesses the market for each of the 8 different conductive ink types across 15 different applications. Conductive ink types include flake-based silver, nanoparticle-based silver, copper, stretchable/thermoformable, and particle-free, while applications include photovoltaics, multiple types of printed sensors, flexible hybrid electronics (FHE), in-mold electronics (IME), and RFID/smart packaging.

Flake-based conductive inks are a longstanding technology widely used for metalizing the upper surface of photovoltaic panels for charge extraction. However, this market is unlikely to keep up with the growth in PV panels, with new technologies developing to reduce the amount of silver ink required. Instead, much of the growth will come from emerging applications across the printed flexible electronics space.

Global Soil Moisture Sensor Market size is expected to reach $464.2 Million by 2028

Reportlinker.com announces the release of the report Global Soil Moisture Sensor Market Size, Share & Industry Trends Analysis Report By Application, By Connectivity, By Sensors, By Regional Outlook and Forecast, 2022 - 2028.

Soil sensors quantify the volumetric water content indirectly with the use of other soil properties, such as dielectric constant, neutron interaction, electrical resistance, and moisture replacement.

Soil moisture sensors determine the soil’s volumetric water content. The relationship between the obtained property and soil moisture should be calibrated and may change based on environmental conditions such as temperature, soil type, or electric conductivity. Reflected microwave radiation is impacted by soil moisture and is utilized in hydrology and agriculture for distant sensing.

Farmers and gardeners may utilize probing instruments that are mobile. Typically, soil moisture sensors refer to sensors that assess the volumetric water content of the soil. These sensors are commonly called soil water potential sensors and also include gypsum and tensiometers blocks. They detect water potential, another aspect of soil moisture.

The relationship between the computed property and soil moisture must be modified and may vary based on ecological parameters, such as temperature, soil type, and electric conductivity. The reflected microwave emission can be affected by soil moisture and is mostly employed in agriculture as well as remote sensing under hydrology.

SmartHEAL sensor tells you if wound may be infected using RFID

The SmartHEAL sensor was designed by Ph.D. students from Warsaw University of Technology and it is able to measure the pH balance of a wound without having to open the bandage or dressing.

It has an electronic pH sensor that is printed onto a bandage-like textile backing. It uses radio frequency identification or RFID to give you the data that you need. All you have to do is use a mobile device and pass it over the sensor and it can tell you if the pH levels are still okay or if it’s in danger of giving you an infection.

Connected Logistics Market Size & Share Set to Reach USD 71.10 Billion by 2030

According to a research study, the global connected logistics market size & share was valued at USD 16.11 billion in 2021 and is expected to reach USD 71.10 Billion by 2030, growing at a CAGR of 18.1% during the forecast period.

Connected logistics is a set of interconnected wireless sensor devices, joints, and Internet of Things (IoT) technologies that enhance operating efficiency in the logistics industry. With this technology, logistical businesses can gain real-time updates, interoperability, and access to required information. Connected logistics is not just about the Industrial Internet of Things, but it also includes services, security, the cloud, big data analysis, and several other third-platform technologies.

Connected logistics includes other associated logistics operations such as tracking, monitoring, asset management, warehouse management, as well as order processing, financial transactions, dispatching, and shipping. These technologies enhance process transparency which helps companies in becoming more client-focused and productive, thus driving the connected logistics market size.

Global RFID Locks Market to Reach $8.3 Billion by 2027

The global market for RFID Locks estimated at US$3.7 Billion in the year 2020, is projected to reach a revised size of US$8.3 Billion by 2027, growing at a CAGR of 12.2% over the analysis period 2020-2027. Key Cards, one of the segments analyzed in the report, is projected to record a 12.3% CAGR and reach US$6.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wearables segment is readjusted to a revised 12.7% CAGR for the next 7-year period.

The RFID Locks market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 10.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

In the global Mobile Phones segment, USA, Canada, Japan, China and Europe will drive the 11.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$285.4 Million in the year 2020 will reach a projected size of US$616.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Worldwide IoT in Retail Industry is Estimated to Reach $177.9 Billion by 2031

The IoT in retail market was valued at $28.14 billion in 2021, and is estimated to reach $177.90 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.

Internet of Things (IoT) describes the network of physical objects that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools.

Over the past few years, IoT has become one of the most important technologies across the globe. IoT devices share the data that is collected by IoT sensors or other edge devices where data is sent to cloud server to be analyzed. These devices further communicate with other related devices and act on the information they get from one another. These devices do most of their work without human intervention, although people can interact with these devices.

Use of IoT in the retail industry is closely related to GPS and RFID technologies that help brands track products throughout the entire supply chain process. It gives retailers visibility they need to track product movement, conditions, and track location, as well as predict an exact delivery time.

Factors such as effective store space monitoring, inventory management, supply chain management, and customer behavior monitoring drive demand for internet of things (IoT) in the retail market. Moreover, optimizing and automating the supply chain is one of the main factors for IoT adoption among retailers. Connectivity technologies, including digital signage, top-of-the-shelf displays, beacons, and price displays, provide opportunities for a brand to access large volumes of data on customer activity during in-store shopping.

However, data security & privacy concerns and high implementation & maintenance cost of IoT devices restrain growth of the market globally. On the contrary, reduction in cost of connected devices and IoT traction among SMEs is expected to create lucrative opportunities for expansion of the IoT in retail market globally.

The IoT in retail market is segmented on the basis of offering, organization size, deployment, application, and region. On the basis of offering, the market is segmented into solutions and services. Depending on solutions, the market is segmented into hardware and platforms. Depending on platforms, the market is segmented into device management, application management, and connectivity management.

According to organization size, it is fragmented into large enterprises and SMEs. On the basis of deployment, the market is segmented into cloud and on-premise. Depending on application, the market is segregated into supply chain operations management, customer management, sales & customer management, asset management, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Robustel 5G IoT EDGE Computing Gateway certified by Microsoft Azure and Amazon Web Services (AWS)

Robustel's latest IoT device the EG5120 5G Edge Computing Gateway is now listed in the Microsoft Azure certified device catalogue and also Amazon Web Services (AWS) IoT Greengrass.

The EG5120 helps to seamlessly extend Azure & AWS based IoT cloud services and intelligence to the network edge, and allows customers using Azure and AWS to quickly & seamlessly deploy IoT applications in verticals including autonomous driving, smart cities, industrial IoT (IIoT), smart energy, robotics, and more.

With Azure IoT and AWS IoT Greengrass, customers can securely connect, configure, manage, monitor and maintain edge devices and customize applications for field devices, including streaming analytics, machine learning, image recognition and other high-value AI applications that are deployed from the cloud to the edge for local execution,  to dramatically reduce the time and cost of connecting various sensors and devices from the edge to the cloud.

Canon U.S.A., Inc. Joins Forces with TEKLYNX on Label Printer Drivers

Canon U.S.A. in collaboration with TEKLYNX International announced the development of new TEKLYNX native printer drivers for Canon's on-demand color label printer lineup.

These drivers are compatible with Canon's LX-D1300, LX-D5500, and LX-P1300 label printers. With TEKLYNX barcode and label design software, and the new drivers, these Canon label printers are designed to help produce a high volume of labels for production use, speed up the label design process, and allow users to easily create unique, eye-popping, and colorful labels.

TEKLYNX created these drivers for a positive user experience. TEKLYNX barcode label design software products – LABEL MATRIX, LABELVIEW, and CODESOFT – will help Canon label printer users maintain their respective brand consistency, with the ability to create preformatted templates which help increase the accuracy of the prints.

There is an easy-to-use label design interface, and users can create hundreds of different barcodes along with variable data. Companies using the software will be better equipped to manage on-demand color labeling solutions to help meet customer requests and optimize print output. The Canon label printers, when combined with the TEKLYNX software, can benefit companies in industries such as manufacturing, packaging, retail, wholesale, and transportation/shipping.

The TEKLYNX barcode and label design software is now available for purchase from authorized TEKLYNX resellers. The new drivers for the Canon label printers are available for download at no additional charge from the TEKLYNX website after purchasing the software.

RFID Sticker On Bike Helmet Grants Garage Access

Developer Glen managed to open his garage door by way of an RFID sticker on his bike helmet as simple. Controlling the actual garage door was the easy part. All that took was soldering two wires across the switch contacts of a spare garage door opener remote, and using a relay to close the contacts.

Schreiner PrinTrust's RFID chip stickers assist parking permit program in Austria

Schreiner PrinTrust, a Germany-based developer of customized RFID solutions and security labels for system and service providers, is supplying universally adopted stickers for a next-generation parking system in Vienna, Austria.

Austria’s capital city utilizes connected parking zones for all residents, complete with standardized prices and parking periods. Visitors must park in lots, and are encouraged to park in “p+r” parking garages and use public transportation.

The city has devised a system that is uniform, understandable and fair to residents, with a goal of halving daily commuter traffic by 2030.

ITRI Introduces High Resolution Full-Color Micro LED Display for AR Glasses

Almost 30 billion RAIN Radio Frequency Identification (RFID) tag integrated circuits (IC) were sold worldwide in 2021 resulting in a 36% increase over 2020 sales according to research released today by the RAIN Alliance.

The RAIN RFID Market Research Report from VDC Research predicts IC shipments are expected to scale to 88.5 billion by 2028, a CAGR of 25.1%. Supply chain upgrades and use of more sustainable solutions is helping to drive the increases in adoption of RAIN RFID solutions.

“There has been a dramatic shift in the RAIN RFID market over the past 24 months with several blue-chip announcements adding momentum and changing market dynamics creating a premium for the benefits that RAIN RFID provides,” said David Krebs, executive vice president, VDC Research. “Investment in RAIN RFID solutions is still somewhat closely tied to inventory management but it is increasingly trending toward more application opportunities.”

Track and trace solutions market is expected to reach USD 8.6 billion

The global track and trace solutions market is expected to reach USD 8.6 billion from USD 4.8 billion in 2022, at a CAGR of 11.6% during the forecast period.

The major factors contributing to the growth of this market include the increasing regulatory burden on end-user segments for the implementation of serialization solutions and increasing awareness on brand protection. On the other hand, huge set up costs that require high upfront capital investments is expected to limit the market growth to some extent.

In 2021, the software solutions segment accounted for the largest share of 60.6% of the track and trace solutions market. The major factor contributing to the growth of this market includes growing awareness about the counterfeit products in the market that necessitates the implementation of track and trace solutions. However, standalone platforms segment are expected to grow a a highest CAGR of 15.3% during the forecast period owing to the increase in the demand for these platforms that reduce implementation timeframe and provide end-to-end traceability.

In 2021, serialization solutions segment account for the largest share of 62.3% of the applications market. This segment is also expected to witness the highest growth rate of 12.08% during the forecast period. The major factor contributing to the growth of this segment include high regulatory burden on the end-user segments to implement serialization solutions in order to prevent the entry of counterfeit products in the supply chain.

In 2021, 2D barcodes accounted for the largest share of 75.8% of the technology market. The major factor contributing to the growth of this segment include the growing adoption of 2Dbarcodes technology in the end-user segments owing to its large data storage capacity. However, RFID segment is expected to witness the highest CAGR of 13.2% due to its growing demand for automating pharmaceutical distribution systems and improving product visibility.

Global IoT in Healthcare Market is projected to reach US$ 181.4 Bn in 2022

The global IoT in Healthcare Market is worth US$ 181.4 Bn as of now, and expected to reach US$ 952.3 Bn by the year 2032 at an unparalleled CAGR of 18% between 2022 and 2032. Ever increasing usage of Internet of Things (IoT) based connected devices in healthcare sector and software solutions in healthcare oriented operations are humungous key factors driving this market growth.

Other vital factors such as rising chronic condition incidence, rising geriatric population presence of a large target patient population, rising diagnosis rate, rising patient awareness about IoT-based portable diagnostic devices, and improvements in overall healthcare infrastructure are also expected to propel market growth.

AI, ML, and NLP are helping in analysing the health of the patient. At the same time, security-related risks of IoT in the healthcare vertical can't be ignored. This factor may restrain the IoT in healthcare market. Future Market Insights has walked through these facts with insights in its latest market study entitled 'IoT in healthcare Market'.

North America holds a noteworthy market share. This could be reasoned with an increasing emphasis on health management all over the US.
Europe is also expected to grow on a linear note with the UK and France leading from the front. This could be attributed to growing demand for telemedicine, mHealth, and EHRs (electronic health records).

The Asia-Pacific is expected to grow at the fastest rate in the IoT in healthcare market with South Korea, India, China holding the baton.

LATAM is expected to pick up pace in future with increasing focus of the governments in improving healthcare system. For example – different ministries of Brazil, in February 2020, announced collaboration for integrating IoT schemes in healthcare sector.

Somalytics SomaCap Sensor Honored by CES Innovation Awards

The Consumer Technology Association recognized Seattle-area technology pioneer Somalytics Inc. as a 2023 CES Innovation Awards honoree in the Embedded Technology category for SomaCap — a new type of capacitive sensor.

Somalytics is advancing the human experience with the Internet of Things through revolutionary new sensors that dramatically enhance natural interaction with and control of the digital world.

The patent-pending carbon-nanotube paper composite capacitive sensors can "feel" human presence at up to 200 mm, making them a valuable embedded technology for companies and developers seeking to revolutionize human-machine interfaces, wellness monitoring and safety applications. Somalytics' eye, gesture, touch and fluid monitoring sensors offer transformative solutions for eye tracking, consumer electronics, IoT, health and wellness, transportation, and more. The possibilities are nearly limitless.

Somalytics sensors are disruptive because they deliver greater sensitivity in a smaller size and at a lower cost than other available sensor technologies. They have unique properties that will enable IoT and human experience in ways that were not possible before. The tiny, yet powerful nanotechnology infused paper capacitive sensors range in size from 1 mm to 11 mm and are as thin as a human hair.

In August, Somalytics closed a seed funding round of $1.9 million to launch mass production of its award-winning new sensors and develop concepts for consumer tech product development.

RFID tags market is predicted to reach a value of $8.88 billion

The radio-frequency identification (RFID) tags market is predicted to reach a value of $8.88 billion in 2022, having increased at a compound annual growth rate (CAGR) of 5.3% since 2015.

 The global radio-frequency identification (RFID) tags market size is expected to grow from $8.88 billion in 2020 to $13.56 billion in 2025 at a rate of 8.8%. The global radio-frequency identification (RFID) tags market growth is then expected to increase at a CAGR of 8.3% from 2025 and reach $20.18 billion in 2030. IoT technology adoption by different industries is expected to drive the RFID tags market in the forecast period.

Technological advancements are an inevitable dimension driving improvements in RFID tags. For instance, in September 2020, Avery Dennison, a US-based producer and seller of RFID tags, launched its dual-technology AD-362r6-P inlay in a single die-cut label. The tag combines item-level tracking with the digital ID capabilities of a high-performance RAIN RFID (UHF) tag suitable for a wide range of retail apparel products and applications with the secondary loss prevention functionality of an Electronic Article Surveillance (EAS) tag.

Scanbot SDK publishes dedicated Barcode Scanner SDK for Universal Windows Platform

Scanbot SDK has released a Windows Barcode Scanner SDK, adding another operating system for their enterprise data capture solutions alongside iOS, Android, and Web.

The Scanbot Barcode Scanner SDK turns any smartphone, tablet, and wearable device into a reliable and easy-to-use barcode scanner. With machine learning and computer vision, it delivers accurate scanning results in just 0.2 seconds. This technology can now also be used on mobile Windows devices, covering an even wider range of customer requirements.

Windows on mobile devices differs from mobile-first operating systems like iOS and Android in that it aims to provide an experience that feels familiar to desktop users. This is reflected in the hardware architecture of Windows tablets, which software engineers must keep in mind when developing apps for Microsoft's operating system and the computing platform UWP (Universal Windows Platform).

RFID chips in humans, bio-hacking or government surveillance tool?

Robocop, Star Wars, and Iron Man are all blockbuster examples of humans enhancing themselves through mechanical means. In reality, the application of the same principles is happening now through RFID (radio-frequency identification) chips in humans. These chips are incredibly small - about the size of a grain of rice - and can store information such as medical records or access to buildings and devices.

Professor Ahmed Banafa, an engineering professor at San Francisco Bay University, recently wrote a paper on the topic in the Bulletin of the Atomic Scientists.

Professor Banafa states, "At first glance, such consumer technology looks like a harmless whim, or the next logical step among those who favor piercings, or the supposed ultimate in convenience. But inserting identification microchips in humans would also seem to bear the seeds of a particularly intrusive form of surveillance, at a time when authorities in some parts of the world have been forcibly collecting DNA and other biological data – including blood samples, fingerprints, voice recordings, iris scans, and other unique identifiers – from all their citizens."

Banafa teaches not only the technical side of human enhancement but also discusses the ethics and, ultimately, the why with his students. It's important to understand all of the implications of microchip implants, their humanity-changing benefits, and the potentially disastrous consequences.

Global Smart Shelves Market Share & Trends Estimated to Reach USD 14.88 Billion By 2030,

According to a new research report, the global smart shelves market share & trends increases from USD 2.64 Billion in 2021 to reach USD 14.88 Billion by 2030, growing at a CAGR of 22.2% during the forecast period.

Smart shelves refer to the incorporation of wireless technology that automatically keeps track of inventory in any retail store. They use weight sensors that detect when an item has been purchased or removed from a shelf. This ultimately provides manufacturers with real-time data about the usage of their products and get sales data, as well as stock availability. Smart shelves also enhance the customer shopping experience by providing detailed product information.

The store shelves are also equipped with 3D cameras, weight sensors, proximity sensors, NFC, microphones, RFID tags, electronic printed tags, LED sensors, optical sensors, IOT sensors, etc. that track shelf stock. Factors such as rising demand for real-time stock information in retail and growing adoption of technologies such as IoT and RFID are anticipated to drive the demand for smart shelves market.

Smartphone sensor networks monitor bridge integrity

Monitoring and managing the structural health of bridges requires expensive specialized sensor networks. In the past decade, researchers predicted that cheap ubiquitous mobile sensors would revolutionize infrastructure maintenance; yet extracting useful information in the field with sufficient precision remains challenging. 

Researchers collected smartphone data from controlled field experiments and uncontrolled Uber rides on a long-span suspension bridge in the USA (The Golden Gate Bridge) and developed an analytical method to accurately recover modal properties. They also successfully applied the method to partially-controlled crowdsourced data collected on a short-span highway bridge in Italy. 

Further analysis projected that the inclusion of crowdsourced data in a maintenance plan for a new bridge could add over fourteen years of service (30% increase) without additional costs. The results suggest that massive and inexpensive datasets collected by smartphones could play a role in monitoring the health of existing transportation infrastructure.

Apple releases new firmware update for AirTag item tracker

Following the release of new firmware for the AirPods wireless earphones, Apple is also rolling out a firmware update for its AirTag item tracker.

The new firmware release is version 2.0.24, and it features build number 2A24e. Prior to today, the most recent version of AirTag firmware was version 1.0.301 and featured build number 1A301.

The previous AirTag firmware was released on April 28, and according to Apple, it tuned the unwanted tracking sound to let people locate an unknown AirTag more easily.

Global IoT in Healthcare Market is projected to reach US$ 181.4 Bn in 2022

The global IoT in Healthcare Market is worth US$ 181.4 Bn as of now, and expected to reach US$ 952.3 Bn by the year 2032 at an unparalleled CAGR of 18% between 2022 and 2032.

Ever increasing usage of Internet of Things (IoT) based connected devices in healthcare sector and software solutions in healthcare oriented operations are humungous key factors driving this market growth.

Other vital factors such as rising chronic condition incidence, rising geriatric population presence of a large target patient population, rising diagnosis rate, rising patient awareness about IoT-based portable diagnostic devices, and improvements in overall healthcare infrastructure are also expected to propel market growth.

Translink launches a national account-based ticketing system

Passengers travelling on Translink’s Metro bus services in Belfast (Nothern Ireland) are the first in Northern Ireland to be able to pay a flat fare for their journeys with a tap of their contactless bank card and benefit from daily fare-capping using the public transport operator’s contactless account-based ticketing system.

Translink has begun rolling out its interoperable Future Ticketing System on 270 Metro buses before extending it to more than 1,000 Ulsterbus and Goldliner vehicles and adding support for tap-on-tap-off fare payments on Metro, Glider, Ulsterbus and NI Railways services across the whole of Northern Ireland.

Passengers using the Translink Metro bus network in Belfast are benefiting from contactless payment technology as part of the operator’s Future Ticketing System, which has been developed in partnership with transport ticketing and payments specialists Flowbird.

Biometric sensor market is expected to grow from $2.30 billion in 2021 to $2.69 billion in 2022

The biometric sensor market is expected to grow from $2.30 billion in 2021 to $2.69 billion in 2022 at a compound annual growth rate (CAGR) of 17.1%. The biometric sensor market is expected to grow to $4.94 billion in 2026 at a CAGR of 16.4%.

Major players in the biometric sensor market are 3M Company, Crossmatch, Fulcrum Biometrics LLC, NEC Corporation, Precise Biometrics AB, IDEX ASA, Suprema Inc., ZKTeco Inc., SAFRAN S.A., SUPREMA, Mantra Softech (India) Pvt. Ltd., SparkFun Electronics, BioEnable Technologies Pvt. Ltd., NEXT Biometrics Group ASA, Synaptics Incorporated, HID Global Corporation, Integrated Biometrics, and NITGEN CO.LTD.

The biometric sensor market consists of sales of biometric sensor services by entities (organizations, sole traders, and partnerships) that are used to identify, verify, and authenticate the identification. A biometric sensor refers to a transducer that turns a biometric trait of an individual into an electrical signal. It tackles a variety of security-related concerns across multiple sectors.

The main types of biometric sensors are capacitive sensors, optical sensors, thermal sensors, ultrasound sensors, and electric field sensors. A capacitive sensor is an electronic device that can detect solid or liquid targets without physical contact. The different applications of biometric sensors include voice scans, finger scans, hand scans, facial scans, iris scans, vein scans, and other applications. The end-users for biometric sensors include consumer electronics, commercial centres and buildings, medical research and labs, banks and financial services sectors, defence and security, and other end-users.

North America was the largest region in the biometric sensor market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biometric sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa

Environmental Sensor Market to be Worth $13.53 Billion by 2029

The global environmental sensors market is projected to reach $13.53 billion by 2029, at a CAGR of 8% from 2022 to 2029. By volume, the global environmental sensor market is projected to reach 122,800,587 units by 2029, at a CAGR of 8.4% during the forecast period.

Environment sensors play a critical role as they help analyze environmental conditions such as humidity, temperature, detect landslides, track climate change, check agricultural usage patterns, and heat loss. It is widely adopted in several applications such as smart home automation, factory automation, smart cities, automotive, and powertrain system. Besides, advancements in sensor technology, such as sensors integrated with IoT and Big Data technology, are helping in the analysis of large volumes of environmental data. This factor is expected to increase the adoption of environmental sensors.

The growth of the environment sensors market is attributed to the rising installation of environmental monitoring stations, increasing use of environmental sensors in the industrial sector, and stringent environmental regulations to reduce environmental pollution. However, the lack of awareness and high costs associated with environmental sensors challenge the market's growth. In addition, the ongoing technological advancement in IoT and cloud-based services and the growing adoption of nanotechnology-based environmental monitoring products are expected to offer significant growth opportunities for this market.

Contactless Mobile Payments to Surpass 1 Billion Users for First Time in 2024

A new study from Juniper Research has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a growth of 60%. The report identified increased investment in contactless acceptance infrastructure, especially across emerging regions, as key to driving growth, through which over 200 million new contactless payment users will be added to the market by 2024. 

The research predicts that increasing consumer demand for convenient and frictionless payment methods is also accelerating this growth, as consumers only require a smartphone or NFC-enabled device to use contactless payments, thus eliminating the need to carry multiple payment cards.

The research cites growing smartphone ownership in emerging regions as a key driver of this growth. Smartphone penetration rates among emerging regions, such as Asia Pacific, will exceed 99% by 2024; enabling an additional 67 million individuals to adopt mobile payments as they will possess the necessary hardware to conduct NFC payments via their handsets.

To capitalise on these high-growth markets, NFC mobile payment vendors must encourage consumers to switch from mobile money to NFC payments, by educating consumers on the benefits that NFC payments provide, whilst aiding efforts to improve NFC acceptance infrastructure. The advent of soft POS, which enables smartphones to accept NFC payments, will quickly increase contactless acceptance infrastructure; owing to the lower cost associated with soft POS, in comparison to traditional contactless POS, as it eliminates the need for additional hardware.

Vitag launches NFC-powered ‘sticky notes’ for visual instructions

Vitag is launching a new NFC product designed for video instructions. Or, video sticky notes, as the company calls them.

Vitag is officially announced its private beta at TC Disrupt, where the company was selected as one of TechCrunch’s Battlefield 200 startup cohorts.

Vitag’s product consists of a mobile app for people to record instructional videos or upload existing material from their device, and a physical NFC-enabled tag that they can program the video to. All the end-user then has to do is tap their phone on the tag, and the video pops up on their screen.

Tesco to open three more GetGo stores with new hybrid format

Tesco has announced a further expansion of its GetGo stores trial. The expansion of the trial – which will include two stores in London and another in Birmingham – will allow more customers to shop and pay without scanning a product or using a checkout. For the first time, these new stores will also offer customers the option of using a self-service or attended checkout if they prefer.

The three new sites are Chiswell Street Express in central London, with Fulham Reach Express in Parrs Way, London, and Aston University Express in Aston, Birmingham also due to open over the next few months.

The trial of the new stores will offer customers the option of using more familiar payment methods alongside the checkout-free app. The expansion will also allow the company to test the new format in a variety of locations. Tesco launched its first GetGo store in High Holborn in October 2021, where the average shopper takes three minutes to complete their shop using the app, and which will continue to offer a purely checkout-free model.

InventHelp Inventor Develops Leak Detection Device for Toilet

A new invention design would prevent small leaks from going undetected and wasting water over time.

The patent-pending invention provides an effective way to detect water leaks within a toilet fixture. In doing so, it ensures that the owner is promptly notified about a leak. As a result, it would aid in conserving water and could help lower water bills due to undetected leaks.

The original design was submitted to the Phoenix sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers.

Inventory Management Software Market to Exhibit a Remarkable Growth of USD 2.56 Billion by 2029

Data Bridge Market Research analyses that the inventory management software market was valued at USD 1.53 billion in 2021 and is expected to reach the value of USD 2.56 billion by 2029, at a CAGR of 6.62% during the forecast period of 2022-2029.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Inventory management software is software that is used to track inventory levels, orders, sales, and deliveries. The manufacturing industry can also be used to create a piece order, bill of materials, and other production-related documents. Inventory management software is used by businesses to avoid product overstock and outages. It is a tool for organizing inventory data previously stored in hard copy or spreadsheets. Inventory management solutions provide real-time visibility of supply and demand, allowing users to be aware of inventory updates.

The expanding e-commerce industry and current technological developments offer enormous potential to global solution providers. Companies provide solutions that can reduce the amount of time spent monitoring and managing a company's assets. One solution, inventory management software, is currently gaining significant traction. This is due to the growing popularity of online shopping and rental services. These industries rely heavily on inventory, so monitoring is critical.

The increasingly widespread adoption of smartphones and other mobile devices, the rapidly growing popularity of e-commerce, the growing need to mitigate supply chain inefficiencies, and the rising demand for RFID technology are the major factors driving the inventory management software market, among others.

More Nordic consumers now prefer to make mobile payments

One in ten consumers in the Nordic countries now prefer to make mobile payments at the point of sale, double the number who prefer to use cash.

The figures also show that most Nordic consumers continue to identify card payments as their preferred option for face-to-face transactions, and that just over nine in ten often or sometimes use contactless payments.

The percentage of consumers who prefer to pay by cash in stores is around 5%, which is largely unchanged from last year. Apart from in Finland, however, where there has been a significant fall and the share represents a historic low, However, the per­centage in Norway and Sweden is rising slightly, even though the differences are small and not statistically significant.

Cardless ATM Market Size to Grow by USD 2.11 Bn

The cardless ATM market size is expected to grow by USD 2.11 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.93% during the forecast period, according to Technavio.

This growth can be attributed to the increased penetration of smartphones. However, regulations on contactless payment transactions can hamper the growth of the market during the next few years.

North America will account for 53% of the market's growth during the forecast period. This growth is attributed to factors such as the growing adoption of contactless payment services. Moreover, the growth of the market in this region will be faster than the growth of the market in South America. The US is a key country for the cardless ATM market in North America.

The increased penetration of smartphones is driving market growth, especially in emerging countries, due to the rising sales of low-priced smartphones. These smartphones have several features of high-end smartphones. Moreover, NFC chips enable smartphones to connect with other NFC-enabled devices in cardless ATMs for data transfer. A smartphone can also read QR codes on the ATM screen. Such factors are expected to fuel the growth of the global cardless ATM market during the forecast period.

Barcodes Group to Host Webinar Highlighting the Role of Autonomous Mobile Robots

On Wednesday, November 9th at 12:00 PM ET, Barcodes Group is hosting a free webinar with partner Zebra Technologies, focusing on the Fetch Robotics AMR platform. Titled: The Rise of Mobile Robotics, This webinar features industry experts Manthan Pawar of Barcodes Group and David Lin of Zebra Technologies. It highlights AMRs as an efficient solution that meets the industry's evolving demands by automating repetitive tasks and allowing for better utilization of labor resources.

Participants attending this webinar will learn the following:

Industry drivers creating the demand for AMRs
How AMRs can achieve higher operational speed and throughput
Workflows within warehousing and distribution, manufacturing, and more
"Customer expectations have changed dramatically over the past few years. The desire for speed and efficiency in our distribution processes jumpstarted the appetite for AMRs, as they touch almost every package we receive today. Exploding E-commerce, supply chain disruptions, and labor shortages create a tremendous need for automation. With the amount of flexibility and speed AMRs bring to our customers at little to no capital expenditure, it is an easy choice," says Manthan Pawar, Product Manager, Autonomous Mobile Robotics, Barcodes Group.

The webinar is 45 minutes long and concludes with a Q&A section. Interested participants can register for the event here.

RFID Middleware Market to grow by USD 2.68 Bn

The global RFID middleware market size is expected to grow by USD 2.68 billion between 2021 and 2026. In addition, the growth momentum is expected to accelerate at a CAGR of 10.84% during the forecast period.

The market growth has been significant in the industrial end-user segment. The integration of RFID solutions such as RFID tags, RFID middleware, and RFID readers helps manufacturers understand the time taken for a component or raw material to move through the different stages of the production cycle or assembly line.

Incorporating RFID middleware in the manufacturing process also helps in understanding and tracking the movement of semi-finished goods that are stuck at various stages of the production or assembly line. With growing investment in building and expanding manufacturing plants, the growth of the segment is expected to accelerate further during the forecast period.

38% of the market growth will come from APAC during the forecast period. APAC holds significant potential for retail business, especially in countries such as India and China, which have vast populations. Also, APAC is home to many retail giants, such as 7-Eleven Inc. (7-Eleven), Lawson Inc. (Lawson), and FamilyMart Co., Ltd. The presence of several retailers in the region is leading to increased investment in constructing warehouses, which in turn increases the adoption of RFID systems, including RFID middleware, to efficiently manage inventory. Hence, growth opportunities for RFID systems in the region are high.

Bengaluru launches QR train ticketing service on WhatsApp

WhatsApp and Bangalore Metro Rail Corporation (BMRC) said they have partnered to launch a WhatsApp chatbot-based QR ticketing service for the city’s rapid transit system named Namma Metro.

Available in English and Kannada, the chatbot allows commuters to purchase their single-journey transit tickets, recharge metro travel pass, check updated fare tables and view transit timetable.

WhatsApp users can make payments for their tickets and recharges using UPI after choosing their travel details on the app. The QR ticket, once generated, can be scanned at the terminal for contactless entry and exit.

White House plans IoT security labeling program

The White House confirmed plans to launch a cybersecurity consumer labeling program for Internet of Things devices by the spring of 2023, following a summit with some of the nation’s top device makers, retailers and industry associations.

The Biden administration plans to implement a voluntary Energy Star-type labeling system that would give consumers information on a range of internet-connected smart devices that pose potential risks of being hacked.

A labeling program to secure such devices would provide American consumers with the peace of mind that the technology being brought into their homes is safe, and incentivize manufacturers to meet higher cybersecurity standards and retailers to market secure devices, National Security Council spokesperson Adrienne Watson said in an official White House statement.

DeltaTrak and Ericsson IoT combat food waste

Ericsson’s Internet of Things (IoT) business and DeltaTrak announced a collaboration – through Deutsche Telekom – that will drive cold chain traceability enhancements powered by the Ericsson IoT Accelerator platform.

By providing real-time tracking data for perishable food and biopharmaceutical products in transit, this collaboration will enrich food chain visibility, increase food and medication safety and thus reduce waste, while enabling sustainability and environmental awareness in transit operations.

Deutsche Telekom, one of the world's leading integrated telecommunications companies and an Ericsson IoT partner, provides the reliable and secure global connectivity which is key to enable real-time data transmission.  

In the United States alone, food loss and waste results in 170 million metric tons of CO2 emissions per year, according to the Environmental Protection Agency, excluding the emissions from wasted food sent to landfills – underpinning the importance of working towards eliminating waste.

Amidst global logistics disruptions, widespread food shortages, and environmental crises, DeltaTrak and Ericsson IoT are coming together to combat food waste – and, in doing so, generating a positive sustainability impact. Between 2019 and 2022, the number of undernourished people in the world grew by roughly 150 million, according to the United Nations. And while many work to send relief to those in need, much of this food risks spoiling in transit.

Custom Asset Tags from Lightning Labels

Lightning Labels has launched durable labels and stickers to carefully manage equipment inventory.

An asset tag is more than just a label to apply to a company's equipment. These stickers can deliver increased inventory security and peace of mind, while also speeding up tracking and management.

When the asset tag is removed, it reveals a lower layer that says "VOID" and lets viewers know the equipment has been tampered wit

Asset tags from Lightning Labels can carry traditional (1D) barcodes or more advanced 2D barcodes, including QR codes. These QR codes can contain more information, and they are scannable with a standard smartphone camera.

Companies providing RFID technology and solutions experienced 20 to 30 percent growth

Companies providing RFID technology and solutions experienced 20 to 30 percent growth in the past year, and most expect to see more of the same going forward.

That growth has occurred despite a worldwide chip shortage that is expected to ease in 2024, according to a new European EPC Competence Center (EECC) report titled RFID Market Survey.

The survey finds that RFID plays a major role in a more crowded IoT or automatic-identification market, while 7 percent of respondents voted for other technologies. RFID will not replace barcodes, the report indicates, while technologies such as active auto-ID systems—for example, computer vision—are expected to grow as well.

Electronic Shelf Label Market Expected to Reach $3.5 Billion

According to a new report, the global electronic shelf label industry is estimated to generate $825.1 million in 2021 and $3.5 billion by 2031, witnessing a CAGR of 15.5% from 2021 to 2031.

Necessity for more cost efficient and less time-consuming alternatives to paper labels and increased operational efficiency with real time product positioning, owing to utilization of electronic shelf labels fuel the growth of the global electronic shelf label market.

However, high expenses of installation & infrastructure cost and low return on investment hinder the market growth. On the other hand, surge in demand for business process optimization and automation in the retail industry present new opportunities in the market in the coming years.

Based on component, the displays segment contributed to the largest share of nearly one-third of the global electronic shelf label market in 2021, and is expected to lead the trail during the forecast period. Moreover, the same segment is projected to witness the fastest CAGR of 18.22% from 2021 to 2031. Display component uses interactive graphics to pass on real time information to customers or staff. Unlike regular paper labels, electronic shelf labels allow for a wide viewing angle and low power requirements.

Smart Luggage Market to record USD 4.48 Bn incremental growth

The global smart luggage market size is expected to grow by USD 4.48 billion, accelerating at a CAGR of 20.87% between 2021 and 2026.

The introduction of basic economic fare has forced most airlines to avoid heavy luggage inside the aircraft. Some are enforcing strict weight regulations for luggage. To capitalize on this trend, vendors in the market are offering smart luggage with built-in scales that help travelers comply with weight regulations set by various airline operators. This trend is expected to have a positive impact on the growth of the global smart luggage market during the forecast period.

The market will observe significant growth in the connectivity segment. The inclusion of smart devices, including global positioning system (GPS), radio-frequency identification (RFID), Wi-Fi, and Bluetooth, into smart backpacks aided the prevailing tech-savvy population is driving the growth of the segment.

North America will have the largest share of the market. About 39% of the market growth will come from this region. The rise in smartphone penetration, aided by the increase in mobile subscriptions, growing Internet penetration, and increased investments toward research and development are driving the growth of the regional market.

RFID-enabled Smart Cabinets Market to Reach US$ 1,659.8 Million

The global RFID-enabled smart cabinets market is estimated to account for US$ 1,659.8 Mn in terms of value by the end of 2027.

RFID-enabled Smart Cabinets uses electromagnetic fields to automatically identify and track tags attached to objects. These cabinets track drugs and devices and alerts the medical team in case any drug has expired.

Increasing implementation of standard asset management system across hospitals is expected to propel growth of the global RFID-enabled smart cabinets market over the forecast period. Furthermore, major players in the market are focused on launching new products to expand their product portfolio.

Childhood Domestic Violence Association and Halloween Campaigns First to Utilize QRad to Engage Commuters

OUTFRONT Media, one of the largest out of home media (OOH) companies in the U.S., is introducing OUTFRONT QRad, a new creative capability for its Liveboard digital out of home ("DOOH") assets that allows audiences to engage, participate and shape what is being displayed on the screens.

OUTFRONT QRad is a new content control capability which allows audiences to engage with ads by triggering creative changes directly on OUTFRONT's Liveboards. Active, on the go commuters can simply scan a QR code and select pre-set creative options to choose their own ad journey.

This is the newest example of how QR codes are being incorporated into OOH campaigns to make them more interactive and successful. According to a recent survey, over 40% of subway riders have scanned a QR code on an ad on a digital screen to receive incentives, offers, coupons or other valuable information and would scan again.

OUTFRONT has partnered with a leading nonprofit to develop the first ever out of home campaign to raise awareness of childhood domestic violence - the experience of growing up living with domestic violence. The OUTFRONT QRad-driven campaign, Change the Ending, begins with several teaser statements that appear to have been drawn and written by a child saying: I Should Have Stopped It, It was my fault, I Lived in Fear, My Dreams Were Broken and others.

Each visual includes the tagline Change the Ending. To do so, commuters passing by scan a QR code which reveals the new "changed endings" for them – It Wasn't My Job to Have Stopped It!, It wasn't my fault, I Lived Happily Ever After! and All My Dreams Came True. The campaign was developed in partnership with the Childhood Domestic Violence Association.

Never-Before-Seen Data on the Injectable Drugs Market Now Available through DoseData

As hospitals and their pharmacy operations continue to evolve in the wake of the COVID-19 pandemic, participants across the healthcare ecosystem have intensified their focus on supply chain digitization.

Using a proprietary RFID-tagged drug database, DoseData's tagged product report provides a rich understanding of drug consumption, including medications sourced from the 503B channel.

Updated daily, the report ingests its data directly from hospital inventory systems which catalog real-time drug consumption.

In addition to detailing which specific drug was used, the report also includes rich meta-data which facilitates detailed analysis based on manufacturer name and type, package size and type, concentration, and specific drug. This data illuminates a part of the supply chain that generic drug manufacturers and 503b compounders can use to help address market needs on both an ongoing basis, and when responding to critical supply chain disruptions such as shortages.