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.”