Friday, December 29, 2023

Barcodes Group launches EcoPass Cards

Barcodes Group announced it has expanded its offering of earth-friendly, sustainable products with the launch of EcoPass Access Cards. Made from 85% pre-consumer recycled plastic and a PVC laminate overlay, EcoPass cards offer the same durability and print quality as standard PVC technology cards, while reducing single-use plastic usage with every card.

Barcodes Group is actively participating in promoting a circular economy that supports recycling and sustainable practices by pricing EcoPass cards at the same or even less cost than standard PVC access cards. The two options of the product line, the 125kHz Proximity Card and the 13.56MHz Smart Card, are perfect for most physical access control and photo identification needs.

The recycled access control cards join a selection of biodegradable and compostable card holders and lanyards launched last year. The badging accessories, made from polymers derived from organic, plant-based materials, compost in one year in industrial and municipal composting facilities.

Thursday, December 28, 2023

Alegre Fantasia Partners with TapNGo for RFID Solutions in Mexico

Alegre Fantasia, experts in the Midway and Carnival industry for over 40 years, announced its partnership with TapNGo, a global provider of innovative RFID solutions.  After three years of diligently evaluating options, Alegre Fantasia has found the perfect match in TapNGo, solidifying their commitment to delivering unparalleled experiences in rides, games and entertainment.  

With a strong focus on providing the best experience for their guests at fairs throughout Mexico, they strive to offer safe and accessible fun for all individuals, while maintaining the highest quality service standards.  In collaboration with event organizers, they continuously endeavor to create the best experience possible.  Alegre Fantasia's team is paramount to their success.  

In the face of a rapidly digitizing world, TapNGo is pioneering a transformation in the fair and festival industry worldwide.  The platform is now renowned for helping vendors to maximize revenue while patrons thoroughly enjoy each and every attraction, and optimize their time.  With a comprehensive range of RFID credential solutions, including wristbands, access cards, lanyards, software and hardware solutions, TapNGo has proven their commitment and expertise to building systems tailored to the industry's needs.  These solutions are designed to seamlessly function without an internet connection, providing uninterrupted service for Alegre Fantasia and their customers.  Furthermore, TapNGo's products are fully integrated with most major ticketing platforms, ensuring an optimal integration for all parties involved.  To solidify this partnership, TapNGo will have a dedicated staff member on-site, offering full-time support to Alegre Fantasia.  This commitment to exceptional customer service ensures that any technical issues can be swiftly resolved, guaranteeing consistent smooth operations throughout their partnership.  TapNGo™ will continue to refine its digital access control solutions to always "Create Better Experiences" for their clients.

Wednesday, December 27, 2023

Korean banks let consumers make ATM cash withdrawals using QR codes

Consumers in Korea can now make cash withdrawals and deposits at ATMs by scanning a QR code with their Apple or Android smartphone rather than needing to use a physical bank card.

The service launched by the Bank of Korea is being made available by 17 banks including Shinhan Bank, KB Kookmin Bank, Hana Bank, Woori Bank and NH Nonghyup Bank.

The Bank of Korea also plans to expand the service to mobile banking apps, payment platform apps, microfinancing institutions and ATM operators.

Friday, December 22, 2023

Consortium launches certification program for NFC digital car key interoperability


The Car Connectivity Consortium (CCC) has launched a CCC Digital Key Certification program.

Once CCC members have received certification for their NFC digital keys after testing at an authorised testing lab, they will be able to feature the CCC Digital Key mark on products, manuals, marketing materials and websites so that when customers and partners see the certification logo they know they will get the CCC Digital Key experience that is trusted, interoperable and works as expected, the consortium explains.

The certification is pivotal to instilling trust among consumers and the industry because CCC Digital Key provides a global standard for interoperability, the consortium says.

Thursday, December 21, 2023

NFC Payments Market to Reach $507.1 Billion Globally by 2032

According to a new report, the global NFC payments market generated $25.8 billion in 2022, and is anticipated to generate $507.1 billion by 2032, witnessing a CAGR of 35.9% from 2023 to 2032.

The increasing adoption of smartphones as preferred payment devices, coupled with rising consumer demand for faster and more secure transactions, is boosting the growth of the NFC payments market. Additionally, the surge in contactless payment acceptance by retail stores, owing to the rising need for streamlined transactions and enhanced customer experiences, is further fueling market expansion.

However, the requirement for NFC-compliant smartphones poses a potential barrier, restricting the widespread adoption of mobile contactless payments, particularly among users with older or non-compatible devices. This factor is anticipated to hamper market growth during the forecast period. On the other hand, the continuous advancements in mobile payment technologies and the expanding integration of NFC capabilities by leading payment apps like Apple Pay and Google Pay are expected to unlock growth opportunities in the NFC payments market.


Wednesday, December 20, 2023

Johnson Controls Shows How Artificial Intelligence, IoT, Cloud Computing Rapidly Transforming the Future of Smart Buildings

"The Smart Building of the Future," a new paper from Johnson Controls outlines how smart buildings equipped with advanced technologies like artificial intelligence, IoT, cloud and cybersecurity will help enterprises create a future where our buildings integrate with human and environmental ecosystems. Smart buildings offer a harmonized environment that prioritizes both well-being and sustainability, using technology to adapt and unlock potential, support productivity and drive peak performance of building occupants.

"Never has it been more important for organizations to consider advanced and efficient ways to reduce their carbon footprint – especially in the buildings industry, which is the single largest source of our planet's greenhouse gas emissions," said Johnson Controls Chief Technology Officer Vijay Sankaran. "The smart building of the future offers new and more effective ways to help companies meet critical climate goals, reduce costs, enhance daily operations to achieve business growth and improve personalized experiences. When a building 'comes alive' with smart technology, all stakeholders benefit from the integrated approach that ultimately creates a healthier, safer and more productive environment."

Several factors are converging to accelerate the development and adoption of advanced building systems technology. As building owners work to respond to challenges such as rising energy costs and changes in occupancy patterns, among others, sophisticated IoT devices and the implementation of data analytics and AI have become more important than ever.

Ubiquitous connectivity through cloud-based services on the edge breaks down barriers between siloed and integrated devices, enabling the flow of real-time information that business leaders can analyze for insights and continuous improvement.

AI-enabled autonomous smart buildings will be at the core of the next generation of smart buildings, driving efficiencies, enhancing the user experience and enabling advancements in sustainability. AI at the edge reduces privacy, compliance and cyber concerns by allowing data to be securely processed and stored within the building operator's network.

Digital twins enable a continuous feedback loop between the physical and the virtual by facilitating the integration of AI, IoT and cloud technologies to generate strategic recommendations for improving building performance and user experience.

As many of the technical foundations required to turn buildings into smart buildings already exist, organizations should take additional action to prepare for and improve their future building operations. This includes developing a strategy that includes user experience, partnering with IT and cybersecurity teams, establishing partnerships with external consultants, investing in education and training, and running pilot projects.

This report builds on recently announced survey results from Johnson Controls and Forrester Consulting that show widespread acceptance of sustainability as a business priority and a firm recognition that partners are essential to realizing 2030 sustainability commitments. The survey found building operators believe smart buildings are important in helping organizations accelerate sustainability initiatives and that adding or upgrading building automation and digital technologies to optimize energy use are among the most impactful sustainability investment areas. The survey also found that most leaders seek partners, like Johnson Controls, who can provide a digital platform across sites and use cases, which Johnson Controls provides.

Tuesday, December 19, 2023

Athletic brand On streamlines fulfillment with RFID

To improve its inventory visibility and efficiency, On, a Swiss athletic brand, is implementing Nedap iD Cloud RFID technology across its global operations. The RFID platform will allow On to track and trace every item from production to purchase. The benefits of this solution include better warehouse and store operations, faster fulfillment, and prevention of unauthorized sales.

On tested Nedap’s RFID technology in a pilot program and achieved positive results. The technology uses radio waves to identify and track objects wirelessly and in real time. On used the item-level data from the RFID tags to optimize its manufacturing, sales, returns, and loss prevention processes.

As On grows its presence in the U.S., it is using RFID-based supply chain tracking to support its expansion. The brand opened a store in Brooklyn, N.Y., in July 2023, after launching its first U.S. flagship in Manhattan in December 2020. The stores feature innovative technology and design. On plans to open more stores in Miami, Chicago, Austin and Portland, Ore., where its North America headquarters is located.

Monday, December 18, 2023

Socket Mobile Adds Upgrade Option to Free Camera Barcode Scanner on Android

Socket Mobile announced that it is now possible to upgrade from its free SocketCam C820 to the SocketCam C860, an enhanced camera-based barcode scanner for Android.

The C860 is the newest addition to the SocketCam product family, and it turns any Android device into a robust scanning solution capable of reading damaged and other difficult-to-read barcodes, even in adverse conditions. SocketCam C820, released last year by Socket Mobile, offers excellent scanning capabilities in good conditions and is free to use. It's a great choice for budget-conscious users with basic scanning requirements in normal conditions. Today, Socket Mobile is introducing a more advanced, subscription-based version designed to serve users who have more demanding scanning requirements.

SocketCam C860's best-in-class technology leads the industry for software decoding, bringing a competitive edge against even the best commercial scanners on the market. A key strength of the C860 is its ability to swiftly and accurately read damaged barcodes. This, combined with its speed and proficiency in capturing barcodes even in poor lighting conditions, sets the C860 apart from others in the industry. The result is enhanced productivity and efficiency, as Android users can now easily manage more complex daily scanning requirements.

The advanced SocketCam C860 for Android is available to end-users for a monthly subscription fee of just $5.99. Once upgraded, all CaptureSDK-enabled apps on the device will enjoy the benefits of the C860. This business approach sets Socket Mobile apart in the market, as it focuses on a device-based license rather than the more expensive application-based licensing common with other companies.

Friday, December 15, 2023

The global military Internet of Things (IoT) market pertains to deploying IoT technologies and solutions

The global military Internet of Things (IoT) market pertains to deploying IoT technologies and solutions within the defense and military sectors.

In a military context, IoT involves the integration of interconnected devices, sensors, and systems designed to gather, transmit, and analyze data for diverse military objectives. These objectives encompass augmenting situational awareness, refining logistics and supply chain operations, streamlining equipment maintenance, and elevating military activities' overall efficiency and efficacy.

The military IoT employs WiFi, cellular, RFID and satellite communication technologies to create a highly interconnected and data-driven ecosystem. These technologies enable the seamless exchange of critical information, enhancing the military's surveillance, reconnaissance, logistics, and decision-making capabilities. The global military IoT also includes hardware, software and services.

By leveraging IoT technologies, military organizations can monitor and manage critical infrastructure, equipment, and vehicles in real time, reducing downtime and ensuring readiness. Furthermore, the military IoT market facilitates advanced communication and coordination among military units, enabling seamless collaboration during missions and operations. It supports the implementation of intelligent decision-making systems, aiding commanders in making informed choices swiftly and effectively.

IoT is a powerful technology for innovation and progress, poised to reshape industries and improve various aspects of our lives by harnessing the capabilities of interconnected devices and data-driven insights. As IoT technology continues to evolve, it is poised to redefine the landscape of modern warfare and defense operations. Military forces are gaining unprecedented situational awareness and operational efficiency with an ever-growing array of interconnected devices, sensors, and data analytics capabilities. This evolution enables the development of smarter and more agile defense strategies, including remote operations with unmanned systems and enhanced logistics management.

Luxury brand uses RFID tags and QR codes to link perfumes to digital twins

Bastille Parfums, a French luxury brand, has added RFID tags and QR codes to its perfume bottles to improve supply chain traceability, product tracking, fraud prevention, and customer engagement.

The RFID tags allow Bastille to track and trace its products in real-time across the entire supply chain, from raw material sourcing to customer purchasing, while the QR codes enable customers to access information about the fragrance they have purchased and confirm its authenticity1.

Responding to consumers’ desire for greater ingredient disclosure, two Bastille fragrances, including bestseller Pleine Lune and new release Paradis Nuit, will be equipped with a serialized QR code associated with the RFID tag.

A single scan of the QR code with a smart device, such as a phone or tablet, will take users to a digital experience to unlock information regarding the origin of ingredients, date of bottling, olfactory values, fragrance composition, and sustainability details.

By utilizing the unique digital ID for both the RFID and QR code, the experience provided is unique for every single item. Bastille will benefit from interaction and engagement insights that help them to better understand their customers and identify trends. This new communication channel allows Bastille to create a stronger connection with their customers and reinforce their loyalty with an enriched CRM experience.

Thursday, December 14, 2023

Colorado discontinues traceability tags with RFID chips for cannabis operators

Recently, Colorado passed new rules that could save cannabis operators tens of thousands or even hundreds of thousands of dollars in track-and-trace compliance costs and might also lead to the replacement of Metrc as the state’s traceability provider.

According to Denver TV station KMGH, the rules adopted on November 9 and effective from January 8, 2024, eliminate the requirement for RFID tags in seed-to-sale tracking. However, cannabis companies are still required to use an inventory tracking system1.

The RFID tags previously required by Colorado regulators cost 25-45 cents each, depending on the type of tag1. Different tags are used for different phases in the plant or product life cycle. For example, according to data from Colorado’s Marijuana Enforcement Division (MED), there were 1,029,683 plants in the state in September, which would translate into RFID tag costs of $257,420-$463,3571.

It is unclear if or when Metrc will start producing new, less expensive, chip-free RFID tags. Colorado, like most markets with a regulated marijuana industry, requires operators to use a state-mandated seed-to-sale traceability system for cannabis plants to guard against diversion and facilitate recalls1.

3D Smart Brochures Take Center Stage

In a move set to redefine the customer engagement landscape, the latest innovation in product marketing has arrived - intelligent 3D brochures. These dynamic new tools bring a fresh perspective to traditional marketing materials, offering customers a hands-on, interactive experience like never before.
 
Intelligent 3D Brochures are transforming the way consumers interact with products by bringing a real-life, three-dimensional product experience directly to their phones or tablets.

By scanning a QR code, these brochures offer an in-depth exploration of a product, combining the convenience of digital with the tangibility of physical reality.

Wednesday, December 13, 2023

High-performance SWIR Image Sensor

IMX992 and IMX993 SWIR image sensors are equipped with Sony’s original SenSWIR technology to offer even higher resolution and higher performance than comparable sensors. The small pixel size of 3.45μm achieves high resolution even with their compact size. Noise reduction mode can be enabled as the environment requires, allowing for vivid imaging even of tiny objects. These sensors use digital output to achieve high functionality and, as they are compatible with both SLVS and MIPI interfaces, camera settings are simplified and excellent flexibility in parts selection is possible.

Both of these high-performance SWIR image sensors offer precision and meet a variety of needs in industrial inspection, identification, and measurement applications, helping to boost productivity.

The IMX992 and IMX993 have approximately 5.32 and 3.21 megapixels respectively, making them the highest-resolution SWIR image sensors in the industry.*1 To achieve this, Sony has used its original SenSWIR technology to develop a new small pixel size of 3.45 μm. The 5-megapixel-class resolution and cell-sized 3.45-μm pixel specifications are widely used in C-mount-sized general global shutter image sensors, these are the first industrial SWIR image sensors to achieve equivalent specifications.

Through high-resolution photography, these sensors offer vivid imaging even of tiny subjects, greatly improving precision in inspection and measurement applications that use SWIR-range light. They can also expand the imaging area while maintaining the same resolution, which is expected to improve efficiency through one-time large-scale imaging.

Smart Healthcare Market Size Estimated to Reach USD 1,013.14 Billion by 2032

The global smart healthcare market size is estimated to reach around USD 1,013.14 billion by 2032, increasing from USD 259.14 billion in 2023 and the sector has been growing at a healthy CAGR of 16.36% between 2023 and 2032.

The North America smart healthcare market size surpassed USD 63,800.8 million in 2022 and is estimated to hit around USD 281,340.4 million by 2032, growing at a remarkable CAGR of 15.67% from 2023 to 2032.

The Europe smart healthcare market size was estimated at USD 71,572.1 million in 2022 and is anticipated to surpass around USD 308,013.7 million by 2032, expanding at a notable CAGR of 15.39% from 2023 to 2032.

The LATAM smart healthcare market size reached USD 16,765.5 million in 2022 and is projected to be worth around USD 87,342.1 million by 2032, expanding at a double-digit CAGR of 17.61% from 2023 to 2032.

Smart healthcare is a healthcare system that uses technology like wearables, the Internet of Things, and mobile internet to connect people, resources, and healthcare-related institutions, dynamically access information, and effectively manage and respond to the needs of the medical ecosystem. Integrating physicians and patients into a single platform for intelligent health monitoring through the analysis of daily human activities is known as smart healthcare. To improve people's lives by lowering health risks and increasing their well-being, smart healthcare integrates diverse healthcare delivery systems, uses electronic patient data, and streamlines procedures. Access to healthcare is improved via patient-centric services, like remote monitoring and checks, which adapt to the patient's specific needs and have more users.

Tuesday, December 12, 2023

Socket Mobile's SocketScan S370 Universal NFC & QR Code Mobile Wallet Reader Receives NFC Forum Certification

The SocketScan S370 Universal NFC & QR Code Mobile Wallet Reader has achieved certification from the NFC Forum Certification Program.

The NFC Forum Certification Program verifies consistency in the behavior of NFC devices, confirming that products conform to NFC Forum specifications and ensuring interoperability with other NFC-Forum-certified devices. The SocketScan S370 has passed the program's rigorous testing and validation process, further certifying its interoperability and performance within a vast NFC environment. Achieving this certification is fundamental to ensuring users enjoy a seamless and trouble-free NFC experience when using the S370—as the device is now validated to read all NFC Forum-compliant tags, which number in the billions.

The SocketScan S370 is a high-performance data capture platform that supports both 1D and 2D barcode scanning and NFC reading and writing. It combines the latest 13.56 MHz Near Field Communication (NFC) contactless technology with barcode scanning and Bluetooth Low Energy connectivity. Designed to enable Socket Mobile's App partners to facilitate e-wallet applications via on-screen barcode scanning or tap-and-go NFC reading, the S370 combines leading-edge technologies that deliver an effortless data capture experience for business owners and consumers.

Application developers who wish to enable the S370 for their apps can do so through Socket Mobile's SDK. CaptureSDK gives app providers the most reliable and consistent data capture performance, enabling the app to efficiently capture data in the physical world and utilize it in-app to maximize the value of their solution and increase their customers' overall productivity and satisfaction. One integration of CaptureSDK allows app providers to offer any of Socket Mobile's data capture products interchangeably, giving end-users the freedom to choose the best device for their specific needs. If your app already uses CaptureSDK, the S370 works out of the box for immediate use.

Online ordering with an NFC coaster

Swiggy Instamart, a food delivery service based in Bangalore, India, has launched a promotional drinks coaster that comes equipped with NFC and a QR code. The coaster enables consumers to access a selection of snacks and beverages by tapping or scanning it with their mobile device. The coasters are being sent to customers when they make a purchase from the Swiggy Instamart platform.

By tapping the embedded NFC tag or scanning the QR code, customers can enter the delivery service’s newly launched Bolt Snackstation without having to browse the regular menu on the company’s app. The snack station comprises a curated list of munchies and beverages, possible ready-to-go combos, and trending snacks.

Additionally, it uses AI to track orders and suggest snacks based on users’ preferences. Customers can easily get drinks and snacks delivered in 10 minutes using the Bolt Snackstation. The brochure sent along with the coaster says that the brand will bring out more interesting keep-at-home offerings for instant access to various curated product collections.

Monday, December 11, 2023

Lloyds Bank adds NFC passport scanning to mobile banking app


Lloyds Bank has introduced a new feature in its mobile banking app that allows UK consumers to verify their identity and upload personal data by scanning the NFC chip embedded in their passport with their smartphone. The passport-scanning feature will speed up the bank account application process and reduce the risk of error by enabling users to automatically populate data fields, including their name, title, date of birth, gender, and country of birth, directly from their passport.

Lloyds Bank has also launched a Smart ID app that allows users to generate, store, and use a digital identity on their Apple or Android mobile device to verify their age and ID for a range of uses without having to show physical identity documents.

The Smart ID app is available to all UK consumers, whether they have a Lloyds account or not, and is interoperable with other UK digital identity apps including Yoti and Post Office EasyID, meaning that it can be used wherever these apps are already accepted. Lloyds, Yoti, and the Post Office will announce new ways people can use their digital ID apps over the coming months.

Global market for RFID Readers estimated at US$9.6 Billion in the year 2022

The global market for RFID Readers estimated at US$9.6 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030, growing at a CAGR of 12.3% over the analysis period 2022-2030.

Handheld, one of the segments analyzed in the report, is projected to record 9.6% CAGR and reach US$12.3 Billion by the end of the analysis period. Growth in the Fixed segment is estimated at 15.9% CAGR for the next 8-year period.

The RFID Readers market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 15.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.5% and 11.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.


Friday, December 8, 2023

Nine in 10 payment ring users say it’s their favourite way to pay

According to a Mastercard survey, 89% of European consumers prefer using a contactless payment ring over smartphone payments (49%) and payment cards (44%) for making contactless payments. Mastercard has partnered with Intesa Sanpaolo bank to introduce a contactless NFC payments ring in Italy, which allows users to connect the device to their bank-issued Mastercard payment card and use it to make contactless payments at the point of sale.

The key drivers for consumer adoption of payment rings are “the desire to make payments quickly (82%), to be at the forefront (69%) and to be fashionable (31%)”, according to Mastercard. Nearly one in three older users also cited safety reasons (32%).

Intesa Sanpaolo’s payments ring is shipped in an inactive state with a QR code that allows activation only by the cardholder, with authentication via the Intesa Sanpaolo Mobile app. The payments ring does not require any battery charge or internet connection to get into operation 1. To pay for purchases in contactless mode, it is necessary to simply bring the ring close to the POS, just like for payments via physical cards or smartphones.

Smart Card Market size worth $ 30.71 Billion, Globally, by 2030

The Global Smart Card Market is projected to grow at a CAGR of 7.69% from 2022 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 16.81 Billion in 2021 and is expected to reach USD 30.71 Billion by the end of the forecast period.

These cards, crafted from durable materials such as plastic or metal, serve as robust security tokens, fostering secure transactions through direct physical contact (chip and dip) or advanced short-range wireless connectivity methods like near-field communication (NFC) and radio-frequency identification (RFID).

The current surge in global Smart Card Market demand is driven by the ongoing Covid-19 pandemic, underscoring the pressing need for secure, contactless payment solutions. Consumer preference for tap and pay cards has propelled the industry forward, accentuated by the widespread adoption of smartphones and increased internet usage across the globe. Industry-specific applications, including contactless, contact-based, hybrid, and dual interface cards, have gained prominence, becoming pivotal components of secure transactions in various sectors.

While the Smart Card Market witnesses unprecedented growth, challenges loom in the form of initial investment hurdles. The integration of sophisticated chips and the deployment of decryption readers necessitate substantial financial commitments, potentially limiting market expansion.

However, strategic investments in research and development initiatives are reshaping the landscape. Innovations in smart card technology are not only addressing these challenges but also paving the way for secure, eco-friendly public transportation infrastructures.

For instance, the recent implementation of HOLO smart cards by the City and County of Honolulu's Department of Transportation Services stands as a testament to the industry's commitment to enhancing ticketing efficiency and eliminating traditional queuing systems.

Anticipating Smart Card Market trends, North America is poised to dominate the smart card market, leveraging heightened consumer awareness and widespread adoption across diverse sectors. Meanwhile, the Asia-Pacific region, fueled by the escalating internet penetration in nations such as China and India, is set to experience unparalleled growth, demonstrating the highest Compound Annual Growth Rate (CAGR) in the industry.

Thursday, December 7, 2023

Global marine sensors market is projected to grow from USD 1.4 million in 2023 to USD 1.9 million by 2028,

The global marine sensors market is projected to grow from USD 1.4 million in 2023 to USD 1.9 million by 2028, at a CAGR of 6.5% from 2023 to 2028.

The report covers the entire ecosystem of the ship sensors industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Increasing need for maritime transportation and navies focusing on technologically advanced marine vessels drive the marine sensors market. However, management of massive data generated by marine sensors and maintenance Process and Calibration of sensors are limiting the overall growth of the market.

Major Players in the marine sensors market are Honeywell International Inc. (US), Eaton Corporation (Ireland), TE Connectivity (Switzerland), Garmin Ltd. (US), and Curtiss Wright (US) among others.

The tankers sub segment of commercial ship type segment is projected to have the largest share in 2023. Tankers play a crucial role in the global economy by facilitating the movement of essential resources and commodities across the world's oceans and waterways. They are equipped with advanced navigation and safety systems to ensure the safe transport of their cargoes and to protect the marine environment.

In July 2023 the U.S. Maritime Administration (MARAD) confirmed the enrollment of nine ships in the Tanker Security Program (TSP). This program was established to meet national defense and security needs by creating a fleet of commercially viable, privately-owned product tank vessels. Funding for TSP was allocated by Congress through the Fiscal Year 2022 Consolidated Appropriations Act, as mandated by the Fiscal Year 2021 National Defense Authorization Act (NDAA) with minor adjustments in the FY22 NDAA.

Fuel and Propulsion: The second largest share in application segment in the marine sensors market in 2023

The Fuel and propulsion sub segment of application type segment is projected to have the second largest share in 2023. Marine sensors are essential components in fuel and propulsion systems for ships and boats. These sensors serve critical functions to enhance operational efficiency and safety. They monitor fuel levels and flow, enabling operators to manage consumption effectively and detect any anomalies. Engine temperature and pressure sensors ensure safe engine operation by preventing overheating and detecting issues like low oil pressure.

Marine sensors also play a pivotal role in emissions control, helping vessels comply with environmental regulations by monitoring exhaust emissions. They contribute to propulsion system health by measuring RPM and detecting abnormal vibrations, facilitating optimal engine performance.

Additionally, GPS sensors aid navigation and safety by providing real-time location data for route planning and collision avoidance. These sensors are integrated into alarm and safety systems, ensuring early warning and protection for both crew and vessel. Overall, marine sensors are indispensable tools for improving efficiency, compliance, and safety in the maritime industry.

The pressure sensor sub segment of sensor type segment is projected to have the second largest share in 2023. In the maritime operations, diverse control systems and marine air compressors, both high and low-pressure variants, alongside submerged firewater pipe level equipment, exhibit distinct prerequisites for pressure and level assessment.

The robust and precise measurements by individual pressure sensors provide vital information and output for optimizing system functionality, resulting in enhanced efficiency, diminished energy consumption, and precise system positioning. Furthermore, the utilization of pressure measurement for equipment condition monitoring and early detection of issues also establishes a foundational dataset supporting the reliability and failure rate analysis of ship systems.

Ricoh Cuts Inspection Time By 94% With RFID Solution From Zebra Technologies

Ricoh Company Ltd (Ricoh) has successfully introduced Zebra’s radio frequency identification (RFID) solution at its distribution centers in Gotemba, Kawasaki and Osaka in Japan. The deployment enhances the tracking and retrieval of multiple secure digital (SD) cards, typically installed as part of the standard checking procedure, into the multifunction copier and printers sent in for warranty claim processing.

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.

“Previously, our staff manually inspected and removed SD cards from the printers which was extremely inefficient, prone to human errors and time-consuming,” said Yu Furusawa, Head of Digital Products Business Unit, Ricoh. “After introducing RFID technology, we are now confident all installed SD cards have been removed from the copiers and printers when we are done with the checks. And this can now be done in a fraction of the time needed before.”

The manual inspection process would typically take a total of 223 minutes per month. The RFID-enabled process now takes only 13 minutes, cutting the inspection time by 94% and enabling front-line workers to focus on more strategic tasks. Additionally, the chance of losing SD cards due to human errors, such as forgetting to remove them from the copiers and printers, have also been significantly reduced with the introduction of RFID technology.

Wednesday, December 6, 2023

IoT software market in travel and leisure to expand between 2022 and 2027 to $11 billion

IoT software market in travel and leisure to expand at a CAGR of 17% between 2022 and 2027 to $11 billion.

The Internet of Things, or IoT, describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. Enterprise spending on IoT across the travel and leisure sector is set to experience steady growth over the next few years. The total is set to reach $28 billion by 2027, up from $10 billion in 2019. Within the overall travel and leisure market, IoT software will dominate over the coming years.

The COVID-19 pandemic brought key IoT use cases to the attention of the travel and tourism industry. Airports, for example, used connected thermal cameras to detect potential COVID-19 infections or deployed sensors to monitor and cap occupancy in communal spaces on-site.

In this way, the pandemic increased the adoption of IoT, contributed to a positive attitude toward the technology, and catalyzed safety-enhancing innovations for both consumers and employees. And now, in the post-pandemic world, further IoT use cases continue to emerge that will enhance operational efficiency, reduce costs, improve decision-making, and improve customer experience across the sector.

IoT is essential to digitalization in travel and tourism. Airlines, for example, can deploy the predictive maintenance capabilities of IoT systems to reduce the cost and downtime of aircraft repairs. This is just one of the many transformative use cases of IoT with this emerging technology ready to be employed across the travel and tourism value chain, for example, to manage crowds at popular attraction sites, personalize hotel stays, simplify airport navigation, and much more.

IoT can also assist in travel and tourism companies addressing ESG challenges. In the last decade, COVID-19 appeared as the top existential threat to the travel and tourism industry, but as companies recover, the challenge of ESG has returned to center stage. IoT can address ESG concerns in a host of ways from sensor-enabled smart lighting and thermostats that monitor and adjust the environment of lodgings to improve energy efficiency to IoT-enabled smart buildings that integrate energy-efficient technology throughout cities.

RFID in Healthcare Market to Surpass US$ 30.03 Billion by 2030

According to Coherent Market Insights, Global RFID in Healthcare market size was valued at US$ 8.22 Billion in 2023 and is expected to surpass US$ 30.03 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 20.3% from 2023 to 2030. The global RFID in healthcare market is experiencing strong growth owing to increased adoption for asset tracking, patient monitoring, and drug management, advancement in RFID technology, and integration of IoT.

Increasing need for RFID systems in manufacturing units for improving productivity is expected to drive the market over the forecast period. For instance, in June 2021, according to a research article published by Informs, Inc., a provider of innovative and customized solutions for managing and tracking products and information for customers throughout the world, Radio frequency identification (RFID) technology has proven to be an extremely effective solution, allowing workers to quickly identify and track assets by location throughout the supply chain. RFID tags could effectively replace barcode labels so that you can easily collect data and improve manufacturing efficiency through warehouse automation.

Global RFID in healthcare market is expected to surpass US$ 30.03 Billion by 2030 and is anticipated to witness a CAGR of 20.3% during the forecast period 2023-2030, owing to increasing need for RFID systems in the manufacturing units for improving productivity and increasing product launches by the key players.

On the basis of Product Type, the tags segment is expected to dominate the global RFID in the healthcare market during the forecast period and this is attributed to their benefits, as they can be used to search, identify, track, and communicate with items and people in hospitals. Essentially, RFID tags are smart labels that can store a range of information from serial numbers, to a short description, and even pages of data.

On the basis of Region, North America is expected to dominate the market over the forecast period owing to the increase in healthcare facilities and technological advancement by the key players. Whereas, product launch by the key players is also expected to drive the North America market.

Tuesday, December 5, 2023

TEKLYNX Achieves Zebra Technologies Validation

TEKLYNX International, known globally for helping companies barcode better with their labeling software and industry-leading customer support, has successfully completed Zebra Technologies' Enterprise Testing Program for its suite of barcode label design, print automation, and enterprise label management software solutions.

This designation indicates to customers and partners that TEKLYNX software was successfully tested, confirming its performance and functionality with Zebra's industrial thermal transfer barcode label printers.

TEKLYNX software is designed to evolve with manufacturers' growing needs. From straightforward product labels to complex labeling in regulated industries, TEKLYNX barcode label design, print automation, and enterprise label management solutions deliver. With native drivers tailored for Zebra printers, TEKLYNX offers unparalleled print performance. Whether printing labels from a single desktop or across multiple points in a production line, in a loading dock, or from a forklift, TEKLYNX and Zebra Technologies ensure efficiency and accuracy.

Zebra Technologies is a leading digital solution provider enabling businesses to intelligently connect data, assets, and people. Zebra Technologies' 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 products, to meet user application-specific needs.

Reusables.com Launches New Technology For Universities to Eliminate Packaging Waste

A new technology solution to eliminate single-use packaging waste launched this fall at Simon Fraser University (SFU), following a successful pilot last year that saw 125 kgs of single-use packaging waste reduced and more than 500 kgs of carbon emissions avoided in six months.

Reusables.com announced its partnership with Compass Group Canada (through their educational food service division, Chartwells), Canada's leading food service and support services company. With interest from universities across the country, Reusables is rolling out its new Tap to Reuse and Smart Return Bin technology, first at SFU's Mackenzie Café.

As of September this year, customers at SFU's busy Mackenzie Café are replacing single-use packaging with stainless steel reusable containers powered by Reusables' RFID technology that allows anyone to easily borrow and return containers, like a library system. The model is free for users and helps food service operations save costs on disposable packaging.

The move comes in an effort to continue the reduction of single use plastics in the food service industry at a critical time. The use of single-use plastic packaging has increased exponentially in recent decades, contributing to the growing issue of plastic waste. With only a small percentage of plastic or compostables being recycled in Canada, approaches that focus on reduction and reuse are the most effective means to prevent packaging from becoming waste in the first place.

Reusables.com provides enabling technology for food service operators to offer reusable containers as an alternative to disposable packaging. The company initially launched with restaurants in Vancouver and is now providing its technology to universities and corporate campuses in North America to make reusable packaging the new standard.

Reusables.com's software tracks and reports on the environmental impact created. Its RFID tags and automated return system manages containers with a 99% overall return rate. The company's plastic free, high-performance containers and cups do not require an app or a deposit, making it the most convenient and scalable platform for sustainable packaging.

Monday, December 4, 2023

Internet Of Things Market size is set to grow by USD 1,036.83 billion from 2022-2027

The internet of things market size is estimated to increase by USD 1,036.83 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of almost 15.12% during the forecast period. The substantial growth of the Internet of Things (IoT) market is driven by the rising trend of industrial automation.

Industries are undergoing a shift by integrating digital and physical systems, facilitating machine-to-machine (M2M) communication and enhancing human-machine interfaces (HMI). Advanced regions have extensively embraced these systems, leading to the emergence of Industry 4.0. In this phase, intelligent machines execute manufacturing tasks, robots cooperate with humans in product assembly, and autonomous driverless transport vehicles manage logistics. For more insights on the historic (2017 to 2021) and forecast market size (2023 to 2027).

The industrial sector, valued at USD 168.54 billion in 2017 and growing until 2021, anticipates significant market share growth driven by IoT technology. This tech boosts productivity, offering a competitive edge globally. By connecting machines and devices, data insights aid in predictive maintenance and performance optimization. Challenges include investment needs, business model redesign, security, lack of standardization, and interoperability. Collaboration among IoT entities and government support aims to overcome these hurdles and enhance expertise levels.

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

During the forecast period, APAC is projected to contribute 38% to global market growth. Government infrastructure investments in India, China, and the Philippines, with Small and Medium-sized Enterprise (SME) modernization initiatives, are driving the adoption of IoT. APAC governments advocate embedded sensor deployment within smart city projects to improve urban governance and public services.

World Internet of Things Convention 2023 Kicked off in China

The World Internet of Things Convention 2023, the eighth edition of annual conference hosted by the international organization "World Internet of Things Convention", was recently held in Beijing.

In his message to the World Internet of Things Convention, the UN Secretary-General António Guterres said, "In an interconnected world, your theme 'New Internet of Things, New Economy, New Era' is a testament to the power of digital technologies." "The internet of Things is reshaping industries and driving social-economic changes around the globe. Through the real-time data sharing and networking of information, IoT applications across transportation, agriculture, energy and healthcare are improving quality of life and can advance the Sustainable Development Goals," he mentioned.

Mr. HE Xuming, Chairman of the WIOTC Executive Committee, observed that the communications network of 5G carrying IoT will move towards the development direction of 6G, starlink network, quantum and photon transmission. The output size of world's digital economy registered 2 billion US dollars in 2023. Global IoT connections are projected to grow by over 20 percent, likely to surpass 18 billion in number this year.

By 2030, the amount of such connections is estimated to exceed 80 billion. China is leading in sustainable development of IoT infrastructure construction and digital economy, with the total number of 5G base stations topping 3.2 million this year and the IoT connections surging nearly 30 percent to outnumber 2.3 billion. The IoT-fueled digital economic industrialization is set to usher in a new world social-economic landscape.

Besides the Opening Ceremony, the event also consisted of Ambassador Forum, World New Economic Forum, International Cooperation Forum and ten plus parallel sessions on industry, agriculture, energy, AI, transportation, healthcare, etc, followed by the founding of dozens of global industrial commissions involving multiple sectors. Government officials from various countries and international organization leaders from ISO, IEC, ITU and WFEO respectively spoke at the international convention, which has attracted government officials, diplomatic envoys and corporate representatives from nearly 50 countries. The conference boasted more than 2000 participants on site and 40 million attendees online. The organization also issued the initiative "Build the Intelligently Interconnected Global Market of Digital Economy" at the convention.

Friday, December 1, 2023

RAPID check and Ultra Tag RFID set to transform asset security

Datatag, the delivery partner of the Construction Equipment Association's (CEA) CESAR security scheme, has unveiled its latest innovations – the RAPID (Registered Assets Police Information Database) check service and a cutting-edge Ultra Tag RFID transponder.

reading distance, when used with a Datatag scanner, marks a substantial improvement in identification technology – a development that is poised to significantly bolster the resilience of tagged assets against theft and tampering.

RAPID, a web-based application, represents a year of dedicated development by the team at Datatag and consolidates data of approximately 625,000 construction and agricultural machines into a single, accessible platform. The database will be a huge benefit for law-enforcement agencies, allowing all 142,000 police officers in the UK, and countless others globally, to access comprehensive data with just a smartphone.

Kiva Sales and Service Partners with 2D Barcode Tech Innovator Lucid Green

Kiva Sales and Service (KSS) announced its official partnership with Lucid Green, the intelligent UPC platform transforming the cannabis supply chain, across its portfolio. This commitment solidifies KSS's mission in advancing the cannabis supply chain through Lucid's 2D barcode technology and encourages other California stakeholders to follow their lead.  

The advantage of Lucid Green's technology is that its QR codes are unique for every single unit of product. Individual cannabis-related items that a Lucid Green partner distributes are tagged with an identifying marker that exists nowhere else in the world. This technology also creates a geofence for each individual product, marking where it was made and where it is being sold.

If any counterfeit concerns arise, brands can track the location of their hundreds or thousands of unique units. This brings anti-counterfeit security, authentication and confidence that can make or break brand loyalty.

Thursday, November 30, 2023

Wiliot Named to Fast Company's Third Annual List of the Next Big Things in Tech

Wiliot, the Internet of Things pioneer whose IoT platform is enabling trillions of "things" to gain intelligence, announced that its ambient IoT Pixels and Visibility Platform has been named to Fast Company's third annual Next Big Things in Tech list.  The esteemed award program honors the technology breakthroughs that promise to shape the future of industries—from healthcare and security to artificial intelligence and data.

The Wiliot ambient IoT Visibility Platform, which is currently found inside the supply chains of many of the world's largest companies, was recognized for its ability to connect the digital and physical worlds using its IoT Pixels – stamp-sized, self-powered compute devices that cost pennies.

These IoT Pixels can attach to any "thing" to connect it to the internet; not just expensive things like cars, appliances, shipping containers, and crates, but the things inside them: fruits, veggies, vaccine vials, clothes, airplane parts, and just about everything else.

Once connected, products transmit real-time, case and item-level information about their location, temperature, humidity, and carbon footprint – equipping some of the world's largest companies with the data they need to make more profitable, sustainably-minded decisions that increase revenue, improve safety, and create a more livable planet.

The ambient IoT will also act as the extended nervous system for artificial intelligence, enabling businesses to communicate with trillions of Wiliot-connected products through generative AI platforms from OpenAI, Google, Microsoft, and others to come.

Integrating ambient IoT and generative AI goes beyond just passive supply chain visibility, enabling business leaders to take action to address supply chain issues, such as fixing bottlenecks; taking action when vegetable containers are above their temperature thresholds; and reducing the carbon footprint of a specific product line in real time.

RFID Technology Revolutionizes Global Healthcare Market

The utilization of RFID technology in the global healthcare sector is poised for remarkable growth, with an estimated market value reaching $12.1 billion by 2028. This growth is anticipated to be driven by a robust Compound Annual Growth Rate (CAGR) of 16.4% from 2023 to 2028.

The future of RFID in the global healthcare market is filled with promise, particularly in applications such as asset tracking, patient tracking, pharmaceutical tracking, and blood tracking. Key drivers for this market include the increasing adoption of RFID technology for enhanced patient security, efficient inventory management, automation in healthcare processes, and the expanding use of RFID by healthcare professionals to track essential items used in surgeries.

Insights into the RFID in Healthcare Market

Tags are expected to remain the larger product segment over the forecast period, primarily due to their extensive use in hospitals to locate and ensure the safety of patients, thereby streamlining the care process.

Pharmaceutical tracking is anticipated to continue as the largest application segment, owing to the technology's pivotal role in identifying counterfeit medications, as well as the increasing demand for RFID to manage inventories and reduce labeling errors.

North America is projected to retain its position as the largest region in the RFID in healthcare market, attributed to its well-established healthcare infrastructure, the rising adoption of RFID to mitigate pharmaceutical errors, and the growing number of regulations focusing on patient safety.

Wednesday, November 29, 2023

Automatic Fare Collection (AFC) Systems Market to grow by USD 4,672.71 million between 2022 - 2027

The Automatic Fare Collection (AFC) Systems Market is expected at a CAGR of 9.72% between 2022 and 2027. The market size is anticipated to increase by USD 4,672.71 million during the forecast period.

The AFC systems market is segmented by component (hardware and software), application (railways, parking, entertainment, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa), providing a comprehensive understanding of its diverse facets.

The surge in demand for cost-effective public transportation solutions, coupled with government initiatives promoting AFC system adoption, forms the bedrock for the market's growth. Successful applications of diverse technologies, encompassing mobile ticketing, radio frequency identification (RFID), and Near Field Communication (NFC), are pivotal catalysts. Dynamic technological innovations, notably mobile ticketing and RFID are set to fuel exponential market growth. The integration of RFID technology in AFC systems, particularly in metro stations, is propelling the market forward.

Heightened data privacy and security concerns pose a significant challenge to the AFC systems market. With the proliferation of electronic payment systems, the volume of personal and financial data processed and stored has surged, making the market susceptible to cyber threats. Ensuring robust data privacy and security measures is imperative to mitigate vulnerabilities and sustain market growth. Technavio provides a report on Automatic Fare Collection (AFC) Systems Market that includes the market's key drivers, trends, challenges, and customer landscape, download the sample report now.

The research report on the Automatic Fare Collection (AFC) Systems Market also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including: Atos SE, Chinasoft International Ltd., Cubic Corp., Dormakaba Holding AG, Gaoxin Modern, GRGBanking, Indra Sistemas SA, KML Technology Group Ltd., Leadway Tech, LECIP Holdings Corp., LG Corp., Masabi Ltd., Nippon Signal Co. Ltd., NXP Semiconductors NV, OMRON Corp., Scheidt and Bachmann GmbH, Shanghai Huaming Intelligent Terminal Equipment Co. Ltd., Siemens AG and Thales Group.

Apple expands Tap to Pay on iPhone to France

Merchants in France can now accept contactless card and mobile payments on their Apple iPhone without requiring any additional hardware, thanks to Apple’s Tap to Pay on iPhone softPOS service1.

The service is supported by banks in the BPCE Group, including Banques Populaires, Caisses d’Epargne, and Payplug, as well as payment services providers Adyen, myPOS, Revolut, SumUp, Viva Wallet, and Worldline1. Support from BNP Paribas, Crédit Coopératif, Market Pay, Stancer, and Stripe is also expected soon1.

Merchants deploying Tap to Pay for iPhone at numerous points of sale in France include Christian Dior, Dyson, Rituals, and Sézane, as well as restaurants that support L’Addition payment service1. Cosmetics brand Sephora will also roll out the service in its French stores in the coming weeks.

Tuesday, November 28, 2023

UK rail operators call for national pay-as-you-go contactless ticketing

The UK Rail Delivery Group (RDG), which represents the country’s train operating companies, has issued a periodic indicative notice (PIN) to procure a ‘tap converter service’ (TCS) that would enable rail operators to offer pay-as-you-go digital ticketing options and ensure that passengers pay the best possible fare for their journeys1.

The TCS will allow operators to submit taps from multiple token types, from which it will construct journeys and determine the best available fare based on the latest rail data, such as timetable, disruption, fare data, and more. It will then provide the calculated fare information to the operator so it can charge the customer and submit settlement records to the rail industry settlement engine1.

The RDG aims to deliver a ‘best of class’ service that aligns with the strategic vision for future digital ticketing for GB Rail going forward1.

Global Dairy Herd Management Market Size Anticipated to Achieve US $6.83 Billion By 2032

According to Polaris Market Research latest research report, the global dairy herd management market size and share is predicted to grow from USD 3.43 billion in 2022 to USD 6.83 billion in 2032.

It is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 7.1% from 2023 to 2032, according to the latest report by Polaris Market Research.

The methodical and thorough approach to managing a dairy herd's health, procreation, and productivity is known as dairy herd management. For dairy farms to sustain long-term high output, it is a crucial component. They must effectively oversee the feeding, comfort, reproduction, and milking of cows, among other critical considerations.

Furthermore, by increasing reproductive efficiency, maintaining herd health, and optimizing milk output, dairy herd management plays a critical role in guaranteeing the sustainability and profitability of dairy farming operations, boosting the dairy herd management market demand. To efficiently manage the herd and satisfy the expectations of the dairy sector, a mix o

Monday, November 27, 2023

Vehicle RFID Tag Market to grow by USD 1.89 billion from 2023 to 2028

The vehicle RFID tag market is estimated to grow by USD 1.89 billion from 2023 to 2028, growing at a CAGR of 13.92%. The vehicle RFID tag market is fragmented owing to the presence of many global and regional companies.

By Geography, the market is classified as APAC, North America, South America, Europe, and Middle East and Africa. APAC will have the largest share of the market, contributing 67% to the global market growth. Economies such as China, India, Indonesia, and Malaysia in the region witnessed a rise in the adoption of RFID tags owing to the introduction of the electronic toll collection system. The governments of APAC countries are continuously working to ease the toll payment process and increase their revenue. Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.

The passenger cars segment is significant during the forecast period. Sedans, coupes, hatchbacks, crossovers, and SUVs are increasingly in demand in China, the US, Canada, India, Germany, France, the UK, Spain, and others. This is because high disposable income and convenient and attractive vehicle loan schemes by financial institutions and automobile manufacturers back this demand for vehicles.

Smart Locker Market worth $3.6 billion by 2028

The Smart Locker Market is projected to grow from USD 2.1 billion in 2023  and is estimated to reach USD 3.6 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.6% from 2023 to 2028 according to a new report by MarketsandMarkets.

The need for smart lockers arises from the evolving demands of modern lifestyles, driven by factors such as the surge in e-commerce activities, the imperative for contactless solutions amidst the pandemic, last-mile delivery challenges in urban environments, advancements in technology like IoT and RFID integration, and the growing emphasis on sustainable and secure parcel management practices. These lockers cater to convenience, efficiency, and security demands in package delivery and storage, adapting to the changing dynamics of consumer behavior and the technological landscape.

The software segment is expected to grow fastest in the smart locker industry during the forecast period. This is primarily because of the increasing demand for advanced solutions that promote storage management efficiency, security, and convenience. The rise of contactless and IoT-driven technologies has spurred the adoption of smart locker software, particularly in response to the evolving needs of workplaces and public spaces. The surge in e-commerce and the secure parcel delivery solutions market further contribute to the demand for sophisticated software offerings that seamlessly integrate with smart locker systems. Additionally, the growing emphasis on data analytics and real-time monitoring capabilities enhances the appeal of smart locker software, allowing administrators to gain valuable insights into usage patterns and security. The versatility of these software solutions, catering to a wide range of applications, including asset tracking, user authentication, and access management, is also a driving factor in their increasing market presence.

The growing need for smart lockers in the office sector is driven by a convergence of factors reshaping contemporary work environments. Smart lockers offer an efficient and organized solution for staff/employees to securely store personal belongings, particularly relevant in flexible work arrangements where dedicated workspaces may be limited. The demand for contactless solutions positions smart lockers as a touchless and secure method for employees to access their belongings. These lockers also address the increasing volume of package deliveries in office settings, streamlining the management process. The reduced administrative burden, seamless integration with access control systems, and alignment with green initiatives further solidify smart lockers as a pivotal element in fostering modern and tech-savvy office environments.