Global track and trace solutions market is expected to grow at a CAGR of 8.3%

The global track and trace solutions market is expected to grow at a CAGR of 8.3% over the forecast period 2022-2029 to reach $27.27 billion by 2029.

The growth of the track and trace solutions market is driven by new developments in track and trace solutions, growing adoption of track and trace solutions as an anticounterfeit measure, high risk of product recalls, and gradual implementation of serialization regulations across different countries.

Moreover, significant opportunities from the growing medical technology and device sectors and the rise in pharma manufacturing volumes offer significant opportunities for players operating in the track and trace solutions market.

Based on product, in 2022, the software segment is estimated to account for the largest share of the track and trace solutions market. This segment is also expected to grow at the fastest CAGR over the forecast period. The software segment is segmented into plant manager, line controller, enterprise & network manager, warehouse & shipment manager, bundle & case tracking, and other software.

In 2022, plant manager software is estimated to emerge as the largest revenue-generating segment. The plant manager software effectively controls the production operations and inventory in the manufacturing plant and reduces the operational loss caused by excess production, making the plant manager software ideal for managing the food, consumer goods, and pharmaceutical industries.

Based on application, in 2022, serialization is expected to account for the largest share of the global track and trace solutions market. Factors contributing to the market growth are new developments in serialization platforms and the growing adoption of serialization solutions to streamline product recalls and secure the pharma supply chain. The focus on serialization solutions among medical product manufacturers as a brand protection measure positively impacts the market growth.

Based on technology, in 2022, the barcode segment is estimated to account for the largest share of the global track and trace solutions due to the widespread adoption of data matrix technology for serialization and the cost-effectiveness of barcode technology. Barcoding is the easiest and most cost-effective method to implement item and case-level traceability.

It has applications in pharmaceuticals, food & beverages, and cosmetics industries. The use of barcode-based tracking and tracing ensures consumer transparency where consumers can become aware of details on nutrition data, sourcing practices, allergy information, and sustainability facts concerning the product.

Based on industry, the pharmaceuticals & biopharmaceuticals segment is expected to grow at the fastest CAGR during the forecast period. Rapid development in the emerging economies, progressing research in biologics and small molecules, growing penetration of generics, and innovations in pharma manufacturing have created tremendous opportunities for pharma manufacturing, positively boosting the demand for track and trace solutions.

In 2022, North America is estimated to account for the largest share of the global track and trace solutions market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Iron Gate Wine and Openscreen Partner to Launch IronScan, a QR Code Based Wine & Spirits Data Solution for Collectors

Openscreen, a provider of QR Code driven enterprise solutions, announced that its Openscreen Track solution has been selected by Iron Gate Wine, Canada's leading auction house for fine wine and spirits.

Leveraging Openscreen Track's asset tracking, enterprise system integration and dynamic QR Codes, wine and spirit enthusiasts have access to provenance and auction data long after they purchase at auction. Each bottle sold by Iron Gate is affixed with a unique QR Code that ties back to the original auction page for that bottle. With a quick scan by anyone with a mobile device, all the data from the original auction is retrieved for the customer, including provenance, tasting notes, suggested aging and even purchase price.

IronScan labels are launching with Iron Gate's upcoming Fine Wine Auction on February 14, 2023. Openscreen Track's QR Code driven asset management and digital enablement solutions are available by contacting sales@openscreen.com, or at www.openscreen.com.

Worldwide Narrowband IoT (NB-IoT) Chipset Industry is Expected to Reach $7.7 Billion by 2028

The Global Narrowband IoT (NB-IoT) Chipset Market size is expected to reach $7.7 billion by 2028, rising at a market growth of 51.6% CAGR during the forecast period.

A tiny electrical component known as a Narrowband IoT (NB-IoT) chipset is used in many machines, electronic gadgets, and physical items.

Due to numerous advantages of the technology, including low power consumption for user devices, high system capacity, and improved spectrum efficiency enabling deep coverage of an area, the narrowband IoT chipset market is expanding at a rapid rate. A wide variety of new Internet of Things (IoT) devices and services are made possible by the standards-based low power wide area (LPWA) technology known as narrowband Internet of Things (NB-IoT).

In deep coverage, NB-IoT dramatically increases spectrum efficiency, system capacity, and user device power consumption. A variety of use cases can accommodate a battery life of more than 10 years. The technologies utilized to transport data nowadays range widely. Each has distinct advantages and disadvantages, and the appropriate technology is selected based on the specific circumstances.

The most discussed in recent years and one that will be widely used in future years across multiple industries is NB-IoT (Narrowband Internet of Things). A lot of devices can communicate data using the NB-IoT technology even in areas without coverage from a typical mobile network. A more reliable data transport is ensured by the use of a licensed frequency band where there is no interruption from other devices. A network that can span over big regions while using less energy is an LPWAN, and this is what the NB-IoT is.

5G IoT Sector to Reach $17.68 Billion by 2030 at a CAGR of 47.6%

The global 5G IoT market is expected to reach $17.68 billion by 2030, growing at a CAGR of 47.6% during the forecast period of 2023-2030.

The growth of this market is attributed to the growing significance of 5G IoT devices in smart city projects and the increasing demand for digital wearable devices. In addition, the high potential for 5G IoT in connected healthcare is expected to offer significant growth opportunities for the growth of this market. High costs for 5G IoT network installation and security & data privacy concerns are creating challenges for market growth.

The solutions segment accounted for the larger share of the overall 5G IoT market. The proliferation of wireless technologies in industry operations is expected to drive market growth.

The short-range segment accounted for the larger share of the overall 5G IoT market. The growth of the segment is attributed to the rising need for improving short-range connectivity and coverage rate.

The 5G NR Non-standalone (NSA) segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for reliable communications and increasing delivery efficiency at a low cost.

The security & surveillance segment is expected to account for the largest share of the overall 5G IoT market. Thus, the rising need to monitor multiple locations and facility conditions in real-time drives market growth.

The B2B end-user segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for predicting performance to improve efficiency.

Worldwide In-Vehicle Payments Industry is Projected to Reach $25.9 Billion by 2031

The global in-vehicle payments market is projected to reach $25,918.6 million by 2031 from $4,900.0 million in 2021, growing at a CAGR of 18.15% during the forecast period 2022-2031.

The recent surge in the adoption of in-vehicle payment services across developed economies and their growing global awareness is shifting automakers' focus to equip their upcoming models with the in-vehicle payment system.

For example, well-known automakers, including Honda, General Motors, Mercedes, and others, have already begun to offer in-vehicle payment services in recent years. This shift in original equipment manufacturer (OEM) focus toward developing in-car payment services is expected to drive growth in the in-vehicle payments market in the coming years.

The in-vehicle payment system is a payment technology-equipped automotive system. This system enables the driver to make payments or transactions with various companies or applications, including gas/charging stations, parking, toll collection, and others.

Furthermore, the system allows passengers to make purchases directly from their vehicle dashboard, saving time and making the process more convenient. As a result, the growing public demand for timely and efficient contactless transactions is driving the adoption of these services.

In-vehicle payment services enable drivers to order and pay for food, coffee, gasoline, groceries, parking spaces, and tolls without leaving the vehicle. MasterCard, Visa, and PayPal, among others, are collaborating with automakers around the world to develop and integrate new payment processes and methods in vehicles.

Passenger vehicles are currently credited with the highest share of the demand for in-vehicle payments. Some key factors that have enabled the technical acceptance of these vehicles are high demand, higher registration of passenger cars, and less operating difficulty as compared to commercial vehicles. The need for passenger vehicles is growing due to the demand for heavy and luxury vehicles and an increase in the number of cars driven by diesel engines. Additionally, increased population, urbanization, and disposable income have significantly increased passenger vehicle production.

Automotive Cabin Air Quality Sensors Global Market to Reach $758.8 Million by 2030

The global automotive cabin air quality sensors market is poised to reach US$ 758.8 Mn by 2030, expanding at a CAGR of 10.2% during the forecast period from 2022 to 2030.

Growing exposure to hazardous amount of pollution, increasing number of passenger cars and electric vehicles, adoption of new technology such as autonomous vehicles by automakers is expected to drive the market for global automotive cabin air quality sensors.

Pricing pressure for sensor manufacturers, market convergence, increase in number of diversified consumers, modified product portfolio and fluctuation in raw material price are few factors may hinder the market growth of automotive cabin air quality sensors.

Increasing number of passenger cars is majorly driven by newly introduced micro digital sensors and technology like automotive real time PM2.5 sensors, CMOSens technology. In addition, growing joint ventures and agreement between sensor manufacturers like Hella Fahrzeugkomponenten GmbH and Senseair, Government of the U.S. and Senseair, is projected to fuel the market for automotive cabin air quality sensors. Moreover, rising penetration towards automation, electric vehicles, autonomous driving and innovative business model in automotive industry have made a worldwide sales of more than 90 million in 2019. For instance, Volkswagen has recently developed a new car Tiguan with the integration of anti-allergy filters and cabin air quality sensors for reducing the intrusion of pollutants which includes allergens and fungal spores.

Increasing demand and sales of passenger cars especially in developed countries and growing consumer demand towards comfort, air quality, and health safety are predictable to upsurge the overall demand for automotive cabin air quality sensors on a global scale. In addition, the foreseeable trend on autonomous and shared mobility for passenger cars rise the new car sales by 30% in the U.S., Europe, and China, owing to expand market growth.

Over the past few years, the U.S. has closed the production gap with Japan for domestically produced passenger cars, light trucks, utility vehicles, and minivans. Moreover, the U.S. surpassed Japan in the increasingly important sector of Trucks, Buses and others. The increasing popularity of light trucks in the American automotive market with around 50% market share is projected to drive the market for automotive cabin air quality sensors. Furthermore, consumer preference plays an active role in increasing the demand for automobiles, which in turn will expand the market growth.

Avery Dennison Signs Agreement to Acquire Thermopatch

Avery Dennison has signed an agreement to acquire Thermopatch, a leader specializing in labeling, embellishments, and transfers for the sports, industrial laundry, workwear and hospitality industries. After the deal closes, which is expected to happen in the first quarter of 2023, Thermopatch will become part of the company's Retail Branding and Information Solutions (RBIS) Apparel Solutions division. The acquisition will allow the combined business to build on collective industry knowledge, leveraging the company's know-how, quality, and service to drive growth in external embellishments. Thermopatch, headquartered in Syracuse, New York, had revenues of approximately $40 million in 2022, with around 200 employees, with operations in North America and Europe.

Avery Dennison Corporation is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion.

Global Geo IoT Markets Report 2022-2027: A $67.8 Billion Market by 2028

Just as location determination has become an essential element of personal communications, so shall presence detection and location-aware technologies be key to the long-term success of the Internet of Things (IoT).

Geo IoT will positively impact many industry verticals. For example, location-enabled IoT brings connectivity, process improvements, and data to both shoppers and retailers.

Many enterprises are already seeing potential due to the inclusion of location tracking in IoT and use the ability of technologies integrated in IoT to sense and detect signals transmitted and received from tagged objects or sensors on a real-time basis. There are various solutions and applications developed for business and individual needs based on location-enabled IoT including smart cities, location-based marketing, and various indoor location applications inside stores, hospitals, and offices.

The use of mobile phones and beacons as transceivers is encouraging new application areas in location enabled IoT solutions. Location-based services and location-based advertising and marketing are the key areas of development using mobile phones and beacons.

Location-enabled IoT will soon become a global need. Unlike any other business, location enabled IoT solution providers will need to be strong enough in operations to cater to various locations other than they operate today because there will be a continuous requirement for onsite calibrations and up-gradations of the tracking devices such as sensors and beacons.

Penn State launches contactless mobile student IDs for NFC devices

Penn State University in the US has launched a digital student identity card that students can store on their Apple or Android NFC smartphone or smartwatch and use to access campus buildings and to make contactless on-campus purchases.

Students can simply hold their device to a reader to access residence halls and commons buildings, make transactions using LionCash, access their meal plans, make purchases at vending machines and pay for laundry.

Smart Retail Market to Reach $91.36 Billion By 2030

The smart retail market is expected to grow at a CAGR of 22.4% from 2023 to 2030 to reach $91.36 billion by 2030.

Smart retail refers to an established commercial shop that has gone through the digital revolution and transformed its space with new features. It integrates various cutting-edge technologies, including Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), and the Internet of Things (IoT), in the retail industry to enhance consumers' shopping experience, facilitate accurate inventory management, and improve store operations. It offers several benefits, such as increased efficiency, quality, and output sustainability

The growth of the smart retail market is driven by the growing need to enhance customer experiences & retail operations and the increasing number of smart stores. However, the lack of technology adoption in the unorganized retail sector restrains the growth of this market. The rising cases of shoplifting and the increasing adoption of disruptive technologies to forecast future market trends are expected to create growth opportunities for the stakeholders in this market. However, legal concerns & data privacy issues are major challenges for market growth. Additionally, the growing adoption of cloud services in the retail sector and the advent of computer vision in the retail sector are prominent trends in this market.

Currently, customer experience in the retail industry is witnessing a dynamic shift and directly impacting the overall business. Consumers are focusing on a personalized shopping experience across all channels. This has put a lot of pressure on online and offline retailers. Product availability and superior customer service are essential for retailers to attract and retain customers. Many retailers are adopting advanced technologies to offer customers seamless shopping experiences, such as contactless self-service, zero-friction, faster & secure digital payments, streamlining critical operations with in-house staff, analyzing customer behavior, and faster decision-making.

LumApps Introduces QR Code Login Feature for Mobile App

LumApps, an employee experience platform, announced a new QR code login feature designed to accelerate adoption among frontline and deskless workers. Managers and team leaders ('empowered employees') can now create a personalized, time-limited QR Code that gives colleagues instant, authenticated access to their LumApps account via mobile – without having to enter an email or password.

Emergence estimates that 80% of the global workforce performs deskless work daily. Many of these workers don't have company-issued computers to get updates on corporate news and culture, interact with colleagues, or access key information, resources, or apps. This often leads to a feeling of exclusion or isolation. A recent survey by Deloitte found more than a third (36%) of frontline employees lacked a sense of belonging.

The secure QR Code feature addresses this challenge by facilitating the adoption of LumApps' mobile app, allowing employees to communicate, collaborate and connect with company information and peers across the enterprise. This enables 'empowered employees' (e.g., a retail store manager, manufacturing plant manager, etc.) to delegate authenticated access by creating a personalized and time-limited QR Code to share directly with named colleagues. The invitees then scan the private code on their mobile phone, which automatically downloads the app, confirms their identity, and syncs to each individual's unique profile.

eSAT Global Joins IMC, Spreads Awareness of Low-cost GEO Satellites in IoT

eSAT Global, Inc., a provider of low-cost GEO satellite connectivity for IoT devices, has joined the IoT M2M Council, the largest community of qualified IoT buyers, to enable collaboration with leading IoT industry practitioners to develop the best satellite solutions for their needs.

eSAT Global's mission is to bring direct-to-satellite connectivity to mass-IoT devices using geosynchronous equatorial orbit (GEO) satellites, which offer greater capacity at lower per-message costs than alternatives, and without a need for terrestrial base stations or satellite launches.

eSAT's service is scheduled to launch in the fourth quarter of 2023. eSAT's partners are developing applications utilizing the company's global connectivity, including asset tracking, environmental protection, and public safety. For its part, the IMC rank-and-file membership of 25,000 enterprise users and product makers (OEMs) covers 27 different vertical-markets that deploy IoT technology around the world.

Socket Mobile Announces DuraSled Model for iPhone 14

Socket Mobile announced the arrival of the DuraSled Bluetooth Barcode Scanners for the iPhone 14.

Socket Mobile's DuraSled models combine 1D/2D Bluetooth barcode scanning capabilities into a handheld sled case for iPhones, creating a one-handed solution. Currently, Socket Mobile offers four different DuraSled scanners for iPhone users (DS800, DS820, DS840, and DS860), each containing varying features and benefits that users can choose from based on their data capture needs.

Now, compatibility for Apple iPhone 14 has been added for all models, making the DuraSled solutions more versatile and valuable than ever. Employers can now support workers who use iPhone 14 in addition to supporting older iPhones such as the iPhone 6, 7, 8, 10, 11, 12, and 13, all using the same chargers, accessories, and SDK.

With the sleek, high-performance DuraSled model, users of Apple iPhone 14 devices can now access professional-grade barcode scanning solutions. The DuraSled's rugged case protects phones from drop damage and provides a robust, versatile charging solution suitable for all workplace environments. The ease of use and resilience of the DuraSled make it an ideal product for retail, delivery services, stock counting, ticketing, and other application-driven mobile services.

Application developers who wish to integrate the DuraSled for iPhone 14 can do so through Socket Mobile's CaptureSDK. CaptureSDK gives app providers reliable and consistent data capture performance, enabling their apps to capture data in the physical world efficiently. With CaptureSDK, app providers can maximize the value of their solution and increase their customer's overall productivity and satisfaction. Providers can offer any of Socket Mobile's data capture devices interchangeably and give end-users the freedom to choose the best reader for each customer's requirements. 

SeeChange Partners with Diebold Nixdorf to Transform Retail Checkout Through the Power of AI

SeeChange Technologies announced a partnership with Diebold Nixdorf, enabling and operating relevant retail consumer and staff journeys, to launch the first in a series of AI-powered self-checkout (SCO) solutions.

Diebold Nixdorf's Vynamic Smart Vision uses SeeWare machine learning to recognize fruits, vegetables, baked goods and items without a barcode. Diebold Nixdorf will demonstrate Fresh Produce Recognition at the NRF's Big Show 2023, to be held in New York City from January 15-17.

Diebold Nixdorf has adopted SeeWare, the recognition platform from SeeChange, as core technology directly integrated into Vynamic® Smart Vision, part of the Vynamic Self-Service platform. Using the artificial intelligence in SeeWare, SeeChange's edge-to-cloud AI platform, Diebold Nixdorf has enabled the integrated application of machine learning to recognize products, reducing friction at self-checkout for an improved buyer experience. By improving the speed and accuracy of SCO, Vynamic Smart Vision also frees staff time for other tasks, reduces inventory management, and increases sales volume and profitability.

Diebold Nixdorf selected SeeWare for its uniquely modular and scalable architecture. SeeWare allows new applications to be added quickly in response to changing market needs. This flexibility and scalability made SeeChange the only provider able to meet Diebold Nixdorf's requirement for future-proofed AI technology to power its constantly evolving retail point-of-sale (POS) systems. By adopting SeeWare, Diebold Nixdorf can maintain market-leading functionality and performance for POS.

Global electronic toll collection market size estimated to grow by USD 6642.5 million from 2022 to 2027

According to Technavio, the global electronic toll collection market size is estimated to grow by USD 6642.5 million from 2022 to 2027. The market is estimated to grow at a CAGR of 10.55% during the forecast period. APAC will account for 40% of the market's growth during the forecast period - For more Insights on market size Request a sample report

The market share growth of the highways segment will be higher than the other segments during the forecast period. Due to a rise in infrastructure development and better traffic management practices at toll booths on highways, the highways segment, which currently holds the biggest market share of the electronic toll collection market, is anticipated to dominate the market during the projected period.
Geography overview.

By geography, the global electronic toll collection market is segmented into APAC, Europe, North America, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global electronic toll collection market.

APAC will account for 36% of the market's growth during the forecast period. Rapid digitalization is increasing the demand for electronic toll collection in the region, which is why emerging economies like China, India, Indonesia, and Malaysia are seeing growth in the adoption of electronic toll-collecting systems. Due to the high rate of RFID tag adoption in APAC and the governmental regulations to install RFID tags in cars, the region is expected to grow significantly throughout the projection period.

Global IoT WAN Markets Report 2022-2027

The IoT WAN Market by Cellular and Non-Cellular Technologies and Solutions in Industry Verticals 2022 - 2027 report has been added to  ResearchAndMarkets.com's offering.

Wide Area Network (WAN) communications for the Internet of Things (IoT) is the core backbone for machine-to-machine (M2M) signaling for the rapid-evolving IoT application and service ecosystem. The three cellular IoT WAN methods are known as EC-GSM-IoT/3GPP, LTE-M/3GPP, and NB-IoT/3GPP.

There are also non-cellular alternative Low Power WAN (LPWAN) approaches that allow for long-range communications at a low bit rate. Each of these technologies have an important role to play in the M2M/IoT ecosystem.

For example, LPWAN-connected sensors are used for the detection of changes in the physical and/or logical relationship of one object to another(s) and/or the environment. Physical changes may include temperature, light, pressure, sound, and motion. Logical changes include the presence/absence of an electronically traceable entity, location, and/or activity. Within an IoT context, physical and logical changes are equally important. These types of solutions are used for many industrial applications across a wide variety of industry verticals.

Within the consumer segment, electronic devices have historically represented stand-alone objects functioning in isolation. This is rapidly changing as high-end consumer appliances, digital equipment, and assets as well as many lower-cost devices gain connectivity through embedded computing and communications.

A connected consumer device may be used for various purposes including entertainment, news, information, and general lifestyle enhancement. IoT WANs provide the means for ubiquitous M2M connectivity between consumer devices, manufacturers, and service providers.

While much focus is on IoT end-points and related issues such as security and power, ubiquitous wireless coverage remains the overarching issue for transformation from traditional M2M to global IoT networks. Adoption of IoT connectivity creates substantial opportunities for LPWAN network, hardware, and software services.

Maryland tests digital ID cards for Android NFC smartphones

Android users in Maryland are the first to be able to create and store digital versions of their state identity card and driving licence in Google Wallet on their NFC smartphone and use it to verify their identity at Transportation Security Administration (TSA) security checkpoints at selected airports.

Google has begun beta testing support for digital IDs and driving licences in the state.

Once they have added their digital ID to Wallet, users can then authenticate their identity by tapping their device on an NFC terminal.

It’s available to eligible users in Maryland and is accepted by the TSA at some supporting airports.

Moscow Metro reports wide biometric ticketing adoption

Passengers travelling on the Moscow Metro and Moscow Central Circle services in Moscow paid for a total of around 32m journeys using the network’s FacePay biometric contactless fare payment system and more than 220,000 new users registered to use FacePay during 2022, Moscow Metro reports.

Additionally, FacePay users will soon be able to link student discount cards and other passes and ‘social transport’ cards to the system, Moscow Metro says.

The metro operator began publicly testing the FacePay biometric contactless payment system in August 2021 before launching a network-wide rollout in September 2021.

Barcodes Group to attend NRF - Retail's Big Show

To boost their efforts in the retail space, Barcodes Group is hosting an exhibitor booth which will feature their latest software partner Tag Retail Systems at NRF - Retail's Big Show, January 15-17, 2023.

The strategic partnership synergizes hardware and software capabilities, providing a unified solution for retail businesses. The NRF event presents clients with the unique opportunity to witness the solution in a live retail environment.

Tag Retail Systems is a leader in developing innovative technologies for digital and brick & mortar retailing. Their application platform connects critical retail operations from supply to shop floor, suitable for any ruggedized mobile computer. The partnership adds additional value to Barcodes Group's robust inventory and point-of-sale solutions and allows clientele to digitize their retail operations.

42Gears MDM Expands Zebra Technologies' Printer and RFID Device Management

42Gears, a Zebra PartnerConnect Independent Software Vendor, announced that SureMDM, its Unified Endpoint Management (UEM) solution, now supports Zebra Link-OS printers and RFID devices. 42Gears had successfully completed Zebra Technologies' Validated Program for its flagship product SureMDM in 2020, during which the product's interoperability with select Zebra mobile computers was validated.

SureMDM is a cost-effective device management solution that helps front-line workers and IT administrators using Zebra Link-OS printers and Zebra FX7500 and FX9600 fixed RFID readers with firmware version 3.10 and above to stay productive at their workplaces.

42Gears is a prominent name in the enterprise mobility management domain, with advanced solutions that are designed to transform the digital workplace. Its product portfolio includes SaaS and on-premise solutions that support devices based on all major operating systems and help increase frontline worker efficiency. 42Gears products are used in various industries, such as healthcare, manufacturing, logistics, education, retail, and mobile app development.

Worldwide Student RFID Tracking Market is predicted to grow at a major pace

The worldwide Student RFID Tracking Market is predicted to grow at a major pace, reports Market Research Intellect. Its latest analysis report, titled “Global Student RFID Tracking Market Insights, Forecast to 2028“. offers a novel purpose of read regarding the worldwide market.

Analysts believe that the dynamical consumption patterns are expected to own a good influence on the market. For a short summary of the worldwide Student RFID Tracking Market, the analysis report provides associate government outline. It explains the assorted factors that kind a vital component of the market. It includes the definition and therefore the scope of the market with an in depth rationalization of the market drivers, opportunities, restraints, and threats.

Both leading and rising players of the worldwide Student RFID Tracking Market are comprehensively checked out within the report. The analysts authoring the report deeply studied every and each side of the business of key players in operation within the international Student RFID Tracking Market. within the company identification section, the report offers thoroughgoing company identification of all the players lined. The players ar studied on the premise of various factors like market share, growth methods, new product launch, recent developments, future plans, revenue, ratio, sales, capacity, production, and products portfolio.

CONTROLTEK Unveils New Website for Enhanced Customer Experience

CONTROLTEK, an expert in tamper-evident packaging, retail asset protection and RFID inventory and asset tracking solutions, unveils a new website for enhanced customer experience which is located at www.controltekusa.com. This newly designed website offers quick and easy access to essential information and richer insight into CONTROLTEK's comprehensive portfolio of innovative solutions and services.

The new website offers a mobile-friendly, modern design, improved functionality and enhanced rich content focused on CONTROLTEK's mission to provide best-in-class solutions to protect your assets, deter theft and improve your profitability.

"Our new website marks an important milestone in our company's plan for growth and expansion, creating a unified hub to showcase the full range of solutions we offer," said Tom Meehan, CFI, President at CONTROLTEK. "It was important to us that our financial institution, government agency, retail, aerospace and manufacturing partners had access to information that would help them make informed decisions and solve their challenges."

SimplyRFID Unveils RFID Inventory for Shopify at the NRF Big Show

SimplyRFID's Wave 3.3.9 releases on January 20, 2023 and can be previewed at the NRF Big Show this week (Jan. 15-17) at booth #4246 in the Javits Center, NY. The most significant new Wave feature is direct data exchange with Shopify.

Quarterly inventories are obsolete. Today's inventories are weekly - even daily - and take minutes with SimplyRFiD's Wave RAIN RFID system.

Before RFID, the only choice was manual barcode counts that took a team hours and yet only 75-85% accurate (Source: Gartner Contemporary Retail Report, November 2021). Still, when RFID became viable around 2008, the value of RFID wasn't there because the concept of how to use a global accurate inventory didn't exist. As omnichannel and e-commerce became a driving requirement for retailers, connecting inventory at the store to the web changed the value proposition for RFID.

After a years of study at retailers, SimplyRFiD developed the business processes and workflows to help retailers get up and running with minimal effort and high confidence of a successful, fast rollout and built it into their Wave App.

SimplyRFiD will be at the NRF Big Show in booth #4246 from Jan. 15-17, 2023. On hand to discuss how SimplyRFID can help retailers improve their business processes with RFID will be Carl Brown, President, Eric Richmond, Vice President of Delivery, and Will Montalbo, Vice President of Marketing.

lululemon partners with Nedap

Nedap has been selected by lululemon as their new provider for the deployment of Nedap iD Cloud which will enhance its omni-guest experience across its 600+ stores globally by optimizing product availability.  

lululemon athletica inc. has partnered with Nedap as they continue to invest in a strong omni-guest experience across the globe.  As stores are a significant point of connection and community for lululemon’s guests, Nedap’s iD Cloud platform is a crucial pillar to unlock real-time inventory data so that stores have the right product assortment available on their floors, creating a seamless experience across brick-and-mortar through digital engagement.  

In August 2022, lululemon began its deployment of iD Cloud to its fleet of North American stores. The project was completed in September when all North American stores became live on iD Cloud. lululemon will continue to scale up the RFID-based inventory management platform to Europe, the Middle East, Africa, and the Asia Pacific region in early 2023, streamlining growth in new markets. 

Smart Airports Market worth $8.3 Billion by 2027

The smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027 according to a new report by MarketsandMarkets. The growing demand for advanced smart solution to cater the increased demand of air-passenger footfall to drive the market.

Upgrades & Service segment is projected to lead the smart airports market during the forecast period. Existing systems and solutions are being upgraded with advanced technology and solutions to improve the passenger experience and operational efficiency. The market is being driven by the desire for enhanced maintenance and services to ensure their continued operation.

Endpoint Device segment is projected to dominate the market share during the forecast period. To expedite the screening process, airports use dependable endpoint devices like biometrics, RFID, beacons, and so forth. The customer experience and airport operations have both improved with the deployment of end point devices. Furthermore, improvements in endpoint devices have raised security standards and streamlined airport security checks.

Major players operating in the smart airports market include SITA (Switzerland), THALES (France), Siemens AG (Germany), Amadeus IT Group SA (Spain), IBM Corporation (US), Cisco Systems Inc. (US), Indra Sistemas S.A. (Spain), Honeywell International Inc. (US), L3Harris Technologies Inc (US).are some of the market players.

OPEX Enhances Warehouse Automation Sorting Technology to Incorporate RFID Scanning

OPEX Corporation is expanding the capabilities of its leading-edge Sure Sort Warehouse Automation technology to incorporate radio frequency identification (RFID) scanning to meet client needs and increase operational speed and efficiency.

OPEX has added the option of RFID scanning capabilities to meet growing needs from clients, especially apparel manufacturers and retailers. Bar codes sometimes get hidden in garments and require additional operator handling, which slows operations. Because RFID employs radio waves, scanning does not require a visual connection. In addition to the apparel industry, RFID scanning is popular for cell phone and pharmaceuticals processing to name a few applications.

With increasing labor costs and supply chain challenges, the demand for more responsive warehouse automation technology has never been more crucial. Sure Sort robotic delivery vehicles, iBOTs®, quickly and accurately process up to 2,400 items each hour with as little as three operators, and have the ability to recharge as they travel through the system.

OPEX will be exhibiting at NRF 2023 at the Javits Center in New York City January 15th-17th. The Sure Sort automated put wall will be on site in OPEX’s booth #769. Attendees can see a live demonstration as well as meet with automation experts during the expo.

TfL celebrates a decade of contactless payment on London’s buses

Transport for London (TfL) is marking ten years since contactless payment using a bank card was first introduced as a new way to pay on London's buses, making it easier and more convenient for millions of customers.

The system, which evolved from TfL's successful Oyster card system and was developed in partnership with the wider banking industry, allows customers to benefit from the ease and convenience of using their contactless bank card or mobile device, rather than having to pre-purchase anything. The system also allows for daily and weekly (Monday to Sunday) capping, meaning customers never pay more than the equivalent 7 Day ticket.

On its first day, only 2,061 customers made 2,586 bus journeys using contactless bank cards, although this was impressive given how few of the cards were in general circulation. Since then, the popularity of contactless, both as a means to pay generally and also as a method of paying for travel, has risen exponentially. A year after launching, TfL had seen more than 6.5 million journeys (around 33,000 bus journeys a day) being made using a contactless payment card and by December 2017, more than half a billion journeys had been made (with TfL seeing around 900,000 bus journeys a day made using contactless.)

Following the pandemic, bus ridership is now at around 80-85 per cent of pre-pandemic levels, with more than five million journeys a day being made - with around 1.7 million of those made using pay as you go with contactless. Around 70 per cent of all pay as you go journeys on buses are made using contactless payment cards or mobile devices - with the most popular bus route for contactless use the route 149 from London Bridge to Edmonton with around 100,000 contactless taps a week.

Musical hacks: a jukebox with RFID

Taking its name from the Brothers Grimm, a new player is able of playing a number of children’s stories and fables in multiple languages, with each physically represented by a small cassette tape likeness with an RFID tag hidden in each one.

 A tape can be selected and placed in the player, and the Arduino at the center of it will recognize the tag and play the corresponding MP3 file stored locally on an SD card. There are simple controls and all the circuitry to support its lithium battery as well.

Puma North America Boosts Sales with RFID

Puma North America (NA) is rolling out radio frequency identification (RFID) technology at 135 stores throughout the continent following a three-store pilot.

The solution has provided a 2 percent increase in sales, the company reports, based on improved inventory accuracy. The system consists of Nedap Retail's iD Cloud software platform, as well as UHF RFID tags, readers and printers at each store.

The system provides analytics such as smart refill suggestions, based on the data related to RFID readers, and it enables omnichannel sales due to visible and accurate inventory data at all stores. Puma has indicated to Nedap that it achieved a return on its investment within six months. In the long term, the company plans to extend the RFID system for use in loss prevention.

Puma first met with Nedap to build an automated solution for its North American stores in May 2021.

RFID Wristband Market Will Grow With Highest CAGR Till 2030

RFID wristbands are becoming increasingly popular and are being used in a variety of applications. The market for RFID wristbands is growing rapidly and has the potential to become a big business. There are many reasons why RFID wristbands are becoming more popular, including the convenience they offer, their security features, and the variety of applications that they can be used.

The market for RFID wristbands is expected to grow at a significantly faster rate than the overall global market for technology products over the next few years.

A new report provides quantitative data on market size and market share over time. The report contains a detailed account of possible situations and critical situations covered by the corporate media.

Biometric Payment Smart Card Solution to Be Developed by Infineon, Fingerprint Cards AB

Infineon Technologies AG and Fingerprint Cards AB announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey solution for a biometric payment smart card.

The goal of the cooperation is to make biometric smart card production as simple and easy as producing a standard dual interface payment card.

This comprehensive SECORA Pay Bio turnkey solution will include both Fingerprints’ FPC1323 sensor with its biometric software algorithm and Infineon’s upcoming SLC39B Secure Element.

This solution will come with a pre-certified Java Card operating system including Mastercard and Visa bio-applets. With the development of the innovative Infineon Biometric Coil on Module (BCoM) package based on inductive coupling technology, the overall biometric smart card manufacturing process 'will be significantly simplified and the bill of material considerably reduced'.

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Passwordless Authentication Market to be Worth $55.70 Billion by 2030

The global passwordless authentication market size is expected to reach USD 55.70 billion by 2030, growing at promising 18.2% CAGR, according to a new report by Grand View Research, Inc. Passwordless authentication is a security procedure that uses unique biological traits of a person to validate their authenticity.

Fingerprint recognition and facial recognition provide various benefits. The increased security, accountability, convenience, and their non-transferable nature are crucial drivers for the growth.

The surge in e-commerce and internet banking, as well as legislations by various authorities such as central banks mandates large organizations to utilize robust authentication mechanisms to authenticate customers.
Multi-factor authentication protects clients from phishing attempts and fraudulent purchases and secures transactions.

The increasing adoption of smartphones and other electronic gadgets is a crucial element driving the biometric authentication market forward. According to a July 2022 Oxford Economics and Samsung study, up to 85% of small and midsize enterprises allow all or most of their staff to use mobile devices for work. Personal laptops and smartphones used by employees might expose a small firm to the dangers of unauthorized access to proprietary data, files, and systems. Such solutions remain the need of the hour and growing focus of many companies around the world.

Loftware Achieves Zebra Technologies Validation

Loftware has successfully completed Zebra Technologies' Enterprise Testing Program for its Loftware NiceLabel suite of labeling and print solutions. This designation indicates to customers and partners that Loftware NiceLabel was successfully tested, confirming its performance and functionality with Zebra's industrial thermal transfer printers.

Zebra's Enterprise Testing Program enables eligible channel partners to test the interoperability of their software and hardware solutions with select Zebra mobile computers, scanners, printers, RFID solutions, and software to meet user application-specific needs. Validation status ensures that all aspects of Loftware's NiceLabel software, including features utilized on Zebra devices, work in harmony to deliver a superior end-user experience, thereby supporting customers' mission-critical labeling and printing needs.

Loftware NiceLabel, hosted in the most secure cloud platforms, offers businesses everything to manage labeling processes in one system. Designed for rapid deployments at one site or across multiple locations, it is an ideal solution for mid-sized or growing businesses. Users can be up and running in minutes while having everything they need to manage their entire labeling process, from label design and template management to printing. It allows organizations to integrate labeling with key business systems to create a more efficient labeling process. Users can start small or local, and easily expand the system to multiple locations.

 

Fujitsu Semiconductor Memory Solution, Marubun and Ossia Partner to Announce Cota Real Wireless Power ePaper RFID Tags

 

Through a new three-way partnership, Cota Real Wireless Power will be integrated within UHF band radio frequency identification tags (RFID tags) with electronic paper.

These Forever Battery smart tags and digital displays will open up market opportunities through the collaboration of Ossia, Marubun, and Fujitsu Semiconductor Memory Solution (FSM).

The announcement was made during the Consumer Electronics Show, which takes place January 5-8, 2023, at the Las Vegas Convention Center, in Nevada.

Ossia and Marubun have been working together on developing a wirelessly powered IoT sensor receiver that can be embedded within a wide variety of electronic devices.

Fujitsu Semiconductor Memory Solution offers memory products and various solutions primarily on Ferroelectric Random Access Memories (FeRAM). Among these products, one is a battery-less solution using RFID technology. By combining Ossia's Cota technology with FSM's RFID technology, we are working to develop new markets.

Cota Real Wireless Power can deliver focused-energy over air to hundreds of RFID tags, asset tracking systems and shelf labels simultaneously and automatically, without user intervention, maintenance, batteries, or wiring. It can be safely used around people and pets, and can be remotely managed via the cloud. Due to its continuous energy on demand system, it relieves product engineers of the feature limitations that batteries impose (to extend battery life), and provides the opportunity for the development of more useful innovations, including expanded and deeper data insights.

Pepper and Notion to Create a Leading IoT Platform Company

Pepper and Notion are creating a leading IoT and smart home platform business that will offer insurance carriers customized, seamless and connected solutions in the fast growing Insurtech and IoT industries.

Pepper enables businesses worldwide to build, deliver and monetize secure connected devices and services to consumers through a sustainable revenue model. Notion is an easy-to-use DIY smart property monitoring sensor system and app to enable home and small business owners to proactively monitor and reduce loss from costly property damages. Comcast, the previous owner of Notion, has made an investment in the Pepper/Notion combination.

The global InsurTech market is poised to grow to $167 billion by 2023 and the US consumer IoT services market is expected to reach $25 billion by 2025. Together, Pepper and Notion will provide an opportunity for insurance carriers to access these high growth markets and evolve from the legacy "repair and replace" business model to a "protect and prevent" approach. By pairing next generation IoT and smart home technologies, insurance carriers can reduce the frequency and dollar amount of insurance claims filed by policy holders while home, property and small business owners can save up to 20% on insurance by proactively monitoring for water leaks, fire, carbon monoxide, mold, open doors and windows, drastic temperature changes, and more.

Pepper-powered solutions will open the door to real time, actionable data for carriers and customers through its seamless and secure consumer IoT platform. The data generated through these programs will be controlled and owned by the carrier and its customers. In addition to improving key carrier business metrics like underwriting and claims reduction, the combination of Pepper and Notion will enable the sale of new value-added services, including additional insurance products and create attractive recurring revenue streams through a variety of connected home premium services.

Iridium Introduces its Next Generation Satellite IoT Data Service

Iridium Communications announced the service introduction of Iridium Messaging TransportSM (IMTSM), a two-way cloud-native networked data service optimized for use over Iridium Certus and designed to make it easier to add satellite connections to existing or new IoT solutions. IMT provides an IP data transport service unique to the Iridium network, designed for small-to-moderate-sized messages supporting satellite IoT applications. Integrated with Iridium CloudConnect and Amazon Web Services (AWS), the new service can reduce development costs and speed time to market for new Iridium Connected® IoT devices. IMT has been highly anticipated by Iridium's partner ecosystem and is currently available for the Iridium Certus 100 service with introduction on Iridium Certus 200, 350 and 700 planned for the first quarter of 2023.

As a connectionless messaging service for Iridium CertusTM modules, IMT aligns with current established server-device message constructs using hubs, Pub/Sub or queues, depending on application platforms. The IMT service can be used by a customer application that is 'store and forward' or has small amounts of data traffic that does not require a persistent connection between servers, utilizing an Iridium Certus terminal. Whether it's machine-to-machine (M2M), e-mails, weather updates, transactions, or group communications, IMT enhances two-way messaging to and from anywhere in the world.

IMT is utilized with the Iridium CloudConnect model of server-side message processing, regardless of the underlying over-the-air and ground systems technologies and protocols. The Iridium CloudConnect service combines Iridium IoT capabilities with AWS cloud services extending customers' IoT reach to the more than 85 percent of the earth that lacks terrestrial coverage. IMT utilizes industry-standard protocols and technology for managing and delivering messages in the cloud, including MQTT, HTTPS and WebSocket (WSS). This makes IMT an easier, faster, and less expensive protocol to develop with, supporting users with countless advantages to design applications that are scalable and easier to distribute to other platforms.  

Among the first products built with IMT available are the RockREMOTE by Ground Control and STREAM+ by MetOcean Telematics. The RockREMOTE offers a reliable and flexible solution for industrial IoT applications including oil and gas, mining, utilities and renewables, and transport & cargo. It has a built-in MQTT application that allows developers to submit and receive data payloads across the MQTT protocol. Users can send and receive messages, pictures, to and from anywhere in the world utilizing this IMT implementation over the Iridium Certus 100 service.

Lowe’s Employs RFID, Blockchain to Combat Retail Theft

Lowe’s has unveiled a new solution, developed in its Innovation Labs division, designed to combat retail theft in way that is invisible to customers through the use of RFID chips and the blockchain.

Called Project Unlock, the new technology combines low-cost RFID chips and IoT sensors to activate power tools at the point of purchase while also creating a secure, publicly accessible and anonymized record of legitimate purchases on the blockchain.

Organized retail crime has been on the rise since 2020 and costs retailers an average of $700,000 per $1 billion in sales, according to the National Retail Federation. Solutions up until now have typically involved locking up high-value merchandise, but Lowe’s new technology could allow the company to throw away its padlocks and shelf gates.

Queensland passengers get real-time service information on their NFC smartphone

Passengers travelling on bus services in the Australian state of Queensland will soon be able to access bus schedules, notifications and real-time service information at more than 15,000 bus stops with a tap of their Apple or Android NFC smartphone.

Transit authority Translink has begun installing devices at bus stops that will enable passengers to tap an NFC tag to view information relevant to the specific stop they are waiting at without needing to use the Translink app.

Translink originally revealed plans to pilot NFC tag at bus stops in November 2019.

Powercast & KYOCERA AVX Team on Battery-Free Solutions

Powercast Corporation and KYOCERA AVX are teaming to create sustainable, battery-free solutions capable of harvesting power from industry-standard RFID readers to power ESLs (electronic shelf labels), RFID Sensor Tags and other battery-free IoT devices. Both Powercast (booth #52311) and KYOCERA AVX (booth #11123) will demonstrate the solutions at CES 2023 in Las Vegas, January 5 – 8, 2023.

A tiny Powercast PCC110 Powerharvester receiver chip embedded in electronic devices harvests RF out of the air when it comes within range of a UHF RFID reader, converts that RF to DC (direct current), and then stores it in a KYOCERA AVX supercapacitor for discharge when needed. This battery-independent power storage eliminates battery replacement maintenance and keeps disposable batteries out of landfills.

'The ability to power green, sustainable devices solely from the RF harvested from the RFID readers deployed today throughout many industries can solve the main problem IoT deployments face - battery replacement,' said Charles Greene, PhD, COO and CTO of Powercast.