Friday, March 29, 2024

Remote Sensing Services Market Projected to Reach $41.72 billion by 2030

Remote sensing services, employing advanced technologies such as photographic imagery, infrared, radar, and LiDAR systems from aerial or satellite platforms, are integral in gathering and interpreting data for multiple sectors, including agriculture, forestry, environmental surveillance, urbanization strategies, defense mechanisms, and disaster preparedness. These services are pivotal in addressing the demands for precision agriculture, effective resource allocation, and comprehensive urban planning propelled by global urban growth. Furthermore, significant investments in military and civilian satellite initiatives are broadening the market scope. However, the industry faces challenges such as interoperability issues, a scarcity of skilled workforce, and accuracy limitations due to satellite estimation errors and insufficient ground verification.

Regardless of these obstacles, the increasing integration of big data analytics for managing voluminous datasets and the emerging applications within the transportation and logistics domain present notable market growth prospects. Geographically, the market showcases diverse adoption patterns; North America leads in satellite and aerial imaging technologies applications across varied domains. South America, with Brazil at the forefront, emphasizes forest and agricultural monitoring. The EMEA region exhibits a heterogeneous market due to its varied geography and politics, with Europe deeply invested in Earth observation initiatives such as the Copernicus Programme. The Middle East, with countries such as the United Arab Emirates, emphasizes urban and resource management. The Asia-Pacific region, with key contributors including China, India, and Japan, is experiencing rapid market growth driven by governmental and commercial needs for effective territory monitoring, disaster management, and resource conservation while navigating regional climatic challenges through innovative remote sensing applications.

The increasing need for real-time monitoring in agriculture and forestry is a testament to the urgency for precision and efficiency in managing these critical resources. The transition toward real-time data utilization in agriculture marks a pivotal shift toward optimizing essential aspects such as irrigation practices, crop health monitoring, and yield predictions. This shift is underpinned by robust global government support aimed at embracing precision agriculture technologies. The unpredictable nature of climate change, coupled with the rising occurrence of extreme weather events, highlights the indispensable role of remote sensing technology in equipping farmers with the necessary insights to make informed decisions and effectively mitigate risks. Similarly, in forestry, the urgency for real-time data has been magnified by the escalating challenges of deforestation, wildfires, and illegal logging. Remote sensing services are at the forefront of providing continuous, updated information essential for monitoring forest health, detecting changes in land use, and identifying potential disturbances. These services enable high-frequency monitoring over expansive agricultural and forest landscapes by leveraging satellite imagery and drone-based sensors. The convergence of remote sensing with advanced technologies, such as artificial intelligence (AI), significantly propels the capacity to analyze extensive datasets, providing stakeholders with actionable intelligence for sustainable management practices. Remote sensing technologies have become integral in fostering resilient and adaptive strategies in agriculture and forestry to meet the growing demand for real-time environmental monitoring.

In an era where precision and detail are paramount, the evolution of remote sensing technology has been significant, particularly in its resolution capabilities across various dimensions. Radiometric resolution, the gauge of a sensor's ability to distinguish minute differences in signal strength, is critical for accurately analyzing material properties in fields such as mineralogy and agriculture, where the slightest variations in reflectance can indicate vital changes. The importance of spatial resolution is equally undeniable, with its capacity to identify the smallest discernible ground objects, enhancing applications that require meticulous detail, including urban development and precise mapping. This feature is indispensable for defense, urban planning, and disaster response sectors, which rely on high spatial resolution imagery to identify crucial landscape changes. Furthermore, spectral resolution plays a vital role in distinguishing fine wavelength intervals, enabling the detailed classification of materials and vegetation, which is vital for monitoring agricultural health and analyzing coastal waters. Temporal resolution, or the frequency of sensor revisits to a specific area, supports the timely monitoring of environmental shifts, disaster development, or urban growth, serving as an essential tool for emergency responders and climate scientists. The advancements in remote sensing resolution are crucial for various industries, driving precision and enabling comprehensive analysis and monitoring to meet contemporary challenges.

Enterprise Indoor Location-based Services Market size in the US to grow by USD 25.83 billion from 2022 to 2027

The enterprise indoor location-based services market in the US is poised for substantial growth, with estimations indicating an increase of USD 25,831.89 million by 2027, marking a remarkable Compound Annual Growth Rate (CAGR) of 47.45% between 2022 and 2027. The surge in market size is fueled by several key factors including proximity marketing, enhanced indoor navigation, and efficient asset tracking solutions.

The market is significantly propelled by the need for accurate asset tracking systems. Enterprises necessitate real-time monitoring of objects and individuals within specific areas such as production facilities, hospitals, or data centers. The deployment of receivers and tags enables precise tracking, facilitating efficient asset management and security measures.

Another prominent trend in the market is the integration of analytics for business optimization. Analytics software enhances the evaluation of data collected through location-based services, providing valuable insights for process optimization and strategic decision-making. This trend is expected to gain momentum, driving data-driven approaches across various industries.

Despite the promising growth prospects, high costs and capital investment pose significant challenges to market expansion. The capital-intensive nature of the market, coupled with the complexities of deployment and integration, presents obstacles for widespread adoption, particularly among small businesses. Addressing these challenges requires meticulous planning and strategic investment strategies.

Several companies are actively contributing to market growth through strategic alliances, product launches, and technological innovations. Among the notable players are AiRISTA Flow Inc., Aislelabs Inc., Alphabet Inc., Apple Inc., and Cisco Systems Inc., to name a few. Innovations such as the Radisys ReachPoint geolocation platform underscore the industry's commitment to advancing location-based services.

Thursday, March 28, 2024

Cypher Robotics and Scanbot SDK team up to automate inventory cycle counting

Scanbot SDK has announced its partnership with Cypher Robotics, a company specializing in the development and implementation of autonomous robotic solutions. By combining their state-of-the-art technologies, they aim to streamline warehousing and inventory processes in a variety of industries.

Cypher Robotics uses Scanbot SDK's Linux barcode scanning solution in their automatic cycle counting systems. This lowers operating costs, eliminates human error and provides live inventory data, which enables better demand planning.

Automating tasks such as cycle counting not only ensures error-free inventory management, but also lets skilled workers spend less time on repetitive tasks. Thanks to the Barcode Scanner SDK's offline functionality, the scanner does not need a permanent connection to a cloud or remote system. Instead, the scanning results are stored locally and transmitted to the warehouse database as soon as the autonomous robot reconnects to the docking station. Cypher Robotics estimates that this approach can decrease inventory counting time by 90%.

Custom Made Casino Revolutionizes Marketing with QR Code Custom Poker Chips

In an innovative move set to redefine the marketing landscape, Custom Made Casino has unveiled its latest offering: QR Code Custom Poker Chips. This groundbreaking product merges the tactile appeal of physical tokens with the boundless possibilities of digital marketing, creating a dynamic new way for brands to engage with their audience. As the digital and physical realms continue to converge, Custom Made Casino's latest innovation offers an unparalleled opportunity for businesses to connect with their customers on multiple levels.

The concept is as brilliant as it is simple: each poker chip is customized with a QR code that, when scanned, directs users to a digital destination of the brand's choosing. This could be a website, a promotional video, an exclusive offer, or an interactive experience— the possibilities are endless. This seamless integration of physical and digital marketing not only captures the attention of potential customers in a novel way but also encourages immediate engagement with the brand's digital content.

Custom Made Casino's QR Code Custom Poker Chips represent a significant leap forward in promotional merchandise. Traditional marketing giveaways often fail to make a lasting impact or provide measurable engagement metrics. However, these innovative poker chips change the game by offering tangible brand memorabilia that doubles as a gateway to digital interaction. This dual functionality not only enhances the value of the promotional item but also allows businesses to track engagement and gather valuable data on consumer behavior.

Wednesday, March 27, 2024

Hana Technologies Signs a New License Agreement With Michelin

Hana has signed a new license agreement with tire manufacturer Michelin. This agreement allows Hana to produce and market the new and innovative 'Link Less' embeddable RFID Tire Tag (Rev4) in and outside the tire market.

With a legacy of collaboration dating back to 2005 - and the first license agreement signed in 2008 - Hana has been an instrumental partner in developing a balanced portfolio of RFID tire tag solutions. Leveraging Hana's 30 years of expertise in RFID and Michelin's tire manufacturing prowess, this enduring collaboration has driven innovations that will redefine the automotive industry's approach to tire tracking, management, and sustainability.

Since its inception, Hana has spearheaded the manufacturing of over 150 million RFID tire tags, setting the standard for reliability, efficiency, and performance in tire identification technology. Each tag represents a testament to Hana's commitment to excellence and innovation, providing tire manufacturers and vehicle operators worldwide with unparalleled visibility and control over their tire assets.

In a testament to our continued dedication to driving innovation in the tire industry, Hana is thrilled to announce our participation at the upcoming Tire Technology Expo in Hannover this March. Visitors are cordially invited to booth 2026, where they can witness firsthand the cutting-edge advancements in RFID tire tagging technology and explore its transformative potential for the automotive sector.

Revolutionary AI QR Codes: Art Meets Tech, by Mary Srl

In an era defined by rapid technological advancements, Mary srl, a trailblazer in crafting cutting-edge solutions, unveils the latest iteration of itts application, the "QR Code Barcode Reader AI."

This update marks a significant departure from conventional QR codes, transforming them from mere functional codes into individualized digital masterpieces through the seamless integration of artificial intelligence (AI). )

The main highlight of this update is the app's ability to generate "artistic QR codes", true masterpieces of digital art. Thanks to AI, QR codes are no longer simple sets of black and white squares but become rich and complex images, within which the code is ingeniously concealed. These artistic QR codes not only capture attention but also add a new aesthetic dimension to traditional functionality, making them innovative marketing tools for businesses looking to stand out.

Furthermore, "QR Code Barcode Reader AI" leverages the power of ChatGPT to offer an advanced AI chat feature, transforming the app into a virtual assistant capable of providing detailed information about the contents of scanned codes. This feature opens new frontiers in digital interaction, offering users an unprecedented level of insight and personalization.

Tuesday, March 26, 2024

Unitech Launches New Rugged Smartphone: Boosting Retail with Free OS Upgrades, Extended Battery Life, and Advanced 5G Connectivity

Unitech Electronics unveiled its latest innovation, the EA660 rugged smartphone. Tailored for the retail industry's unique challenges, the EA660 aims to revolutionize operational efficiency and workforce productivity with its unique combination of complimentary operating system (OS) upgrades, substantial battery life, and cutting-edge connectivity options, including Wi-Fi 6E and 5G.

Operating systems continually evolve, often leaving users struggling to adapt to the latest updates, which can lead to inconvenience. With Unitech Shield, our value-added service for security patches, it ensures the EA660 remains at the forefront of security and operating system technology, offering free regular OS updates to the latest Android versions. By safeguarding the device against the latest threats and streamlining operations, while also extending the lifecycle of the EA660 rugged smartphone, it provides a convenient way to receive extended security support, the newest features, and performance enhancements. This makes it the ideal choice for retailers looking to boost efficiency and protect their technology investments.

In the realm of retail operations, the challenges of mid to long-range barcode scanning are ever-present. From managing warehouse inventory to arranging products on store shelves, the necessity of scanning barcodes from a distance is undeniable. Enter the Unitech EA660, equipped with cutting-edge 1D/2D barcode scanning technology. Capable of effortlessly scanning barcodes from short to middle-range (optional engine) distances, reaching up to 12 meters, and Simplifying data capture from varying distances, the EA660 empowers businesses to enhance efficiency and accuracy in their daily operations, offering a dependable solution from inventory management to order processing.

No more interruptions from changing the battery during your workday. The EA660 is UL certified for reliability and safety, featuring a powerful 5000mAh battery that provides up to 20~22 hours of operation. Designed for extended use, it ensures seamless operation all day long, tackling the most demanding tasks without faltering. This is especially beneficial for sectors reliant on continuous mobile device usage, guaranteeing uninterrupted productivity without the constant need for recharging. Additionally, the EA660 supports Warm SWAP, allowing users to save time by not waiting for a reboot. It also includes a battery info & battery care APP for charging settings, designed to extend the battery's life cycle.

Global retail automation market projected to reach USD 44.3 billion by 2029;

The global retail automation market is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% from 2024 to 2029.

Higher adoption of RFID technology in retail automation; minimized labor cost by embracing automation; rising demand for high-quality and fast service to consumers serve as a significant drivers for growth of the retail automation market.

The growth of retail automation in Europe can be attributed to several factors. First, the increasing adoption of technology by retailers to streamline operations and improve the customer experience. Second, the growing demand for convenience and efficiency among consumers, driving the need for automated solutions such as self-checkout systems and contactless payment options.

The key players operating in the retail automation market are Honeywell International Inc. (US), NCR VOYIX Corporation. (US), Diebold Nixdorf, Incorporated. (US), Zebra Technologies Corp. (US) and Hangzhou Hikvision Digital Technology Co., Ltd. (China), among others.

Monday, March 25, 2024

Digital Payment Market size to grow by USD 160.94 billion from 2022 to 2027

The Digital Payment Market size is estimated to grow by USD 160.94 billion, accelerating at a CAGR of 21.23%, during the forecast period. The digital payment market is fragmented owing to the presence of many global and regional companies.

The growth of the market is primarily driven by the advantages of digital payments. These payment methods have transformed the way individuals and businesses conduct transactions, offering a wide range of benefits that are reshaping financial interactions. Notably, convenience is a key advantage within the digital payments market.

The market is segmented by end-user (large enterprises and SMEs), component (solutions and services), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The large enterprises segment is expected to experience notable growth during the forecast period. The adoption of digital payments by these corporations is primarily fueled by their high transaction volume. Key players in this category include businesses in the banking, securities, finance, and insurance (BSFI) sectors, as well as those in information technology and manufacturing.

By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa. APAC will have the largest share of the market.

During the forecast period, the Asia-Pacific (APAC) region is anticipated to account for a substantial 34% of the global market's expansion. This growth can be attributed to the rapid urbanization in the region and the increasing adoption of Internet services. Additionally, the growing popularity of digital payment methods like e-wallets and payment gateways is a key driver behind the regional market's expansion.

IoT-based Asset Tracking and Monitoring Market worth $9.2 billion by 2029

The global IoT-based asset tracking and monitoring market size is expected to grow from USD 5.0 billion in 2024 to USD 9.2 billion by 2029, at a CAGR of 12.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. Machine-to-machine (M2M) applications, such as asset tracking, are on the other extreme of the complexity and sophistication scale, pushing the boundaries of what is technically achievable.

The adoption of IoT for asset tracking is based on commercial realities. A delivery vehicle is an example of a typical M2M and asset tracking combination. A wireless transmitter and GPS positioning are combined in an active asset tracking system for fleet management, which offers the vehicle's real-time location, engine data, and similar status at all times, as well as alerts regarding any attempted heist or tampering with the truck. As the controller in the head office can divert the vehicle to a new pick-up spot or avoid traffic congestion, it also supports increased efficiency.

Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market. It leverages various technologies like Wi-Fi, Bluetooth, and low-power wide-area networks (LPWANs) to locate and monitor valuable assets within enclosed spaces like warehouses and factories. For instance, monitoring of individual animals within the barns and enclosures to track their feed, water consumption, and health comes under the indoor asset tracking of livestock monitoring. For automotive application indoor monitoring includes tracking robots, equipment, and material within the factory.

North America and Europe are rapidly moving toward the development of smart cities by leveraging the widespread use of 4G LTE networks available in these regions. Governments in countries such as the US, the UK, Germany, and France are encouraging the widespread adoption of cellular IoT technologies for environmental monitoring applications. Companies usually interact with many communication providers to secure connectivity at each site due to the patchwork quilt of cellular carrier coverage and the unexpected nature of the next location to successfully convey data. When scaling hundreds of drilling rigs across large regions with unknown coverage and service provider alternatives at each location, Pason faces operational issues. To resolve them, the AirLink RV50X Industrial LTE-A Gateway offered by Sierra Wireless was chosen by Pason for its North American communications services.

The scope of the automotive segment includes fleet tracking and management, SKU handling in logistics, and construction equipment such as off-highway vehicle tracking and monitoring. IoT-enabled sensors and gadgets make it feasible to access GPS trackers. IoT allows for asset tracking, automatic location tracking, and geofencing solution tracking. IoT allows effective tracking of usage hours, like acceleration sensors. With IoT in asset trackers, real-time notifications of the asset's arrival enable better process management. It is possible to monitor warehouse stocks using Bluetooth Low Energy (BLE) Beacons that broadcast data to smartphones or electronic devices. This helps to streamline the asset storage, receiving, and transmission processes.

Friday, March 22, 2024

Discover the 5 reasons why brands are shifting to dynamic QR codes without compromising their budget

Believe QR codes belong in the tech graveyard? Think Again! Dive into the heart of controversy where the old meets the new in a clash of digital titans. As the dust settles on the battleground of innovation, dynamic QR codes emerge as the undisputed champions of marketing agility and efficiency. Gone are the days of static, one-dimensional QR codes that lead to a dead end. The future beckons with QR Code KIT leading the charge, transforming how brands connect with their audience without breaking the bank. Prepare to be challenged, intrigued, and enlightened as we unveil the seismic shift setting the digital marketing world on fire.

The evolution of QR codes - A controversial turn from obsolete to omnipotent

Once relegated to the annals of early 2000s technology, QR codes were nearly consigned to the digital dustbin, dismissed as a quaint relic of a bygone era. Launched into the tech cosmos in the 1990s, these pixelated squares were initially designed to track vehicles during manufacturing. However, their journey from a niche tool to global ubiquity is anything but straightforward. In their infancy, QR codes promised a bridge between the physical and digital worlds, offering a quick scan solution to access content, websites, and promotions. Yet, for years, they languished in the shadow of their potential, often criticized for their static nature and the lack of widespread adoption among consumers.

Enter the dynamic QR code, a phoenix rising from the ashes of its predecessor's limitations. This new breed of QR technology has reignited the debate around the relevance of QR codes, transforming them into a potent tool for real-time engagement and personalized marketing. Unlike their static counterparts, which permanently point to a single destination, dynamic QR codes are mutable, allowing their destination URLs to be updated without changing the code itself. This flexibility allows brands to engage with their audience, from tracking user engagement to providing updated information or offers in real-time.

The polemic doesn't stop at the utility. Critics of the old QR code paradigm often pointed to user apathy and the hassle of needing a separate app to scan. However, with smartphones now universally equipped with native scanning capabilities and dynamic QR codes offering a compelling reason to scan—by promising ever-renewed content—the narrative is shifting. This evolution speaks to a larger digital revolution, where adaptability and engagement are paramount, and technology, once deemed obsolete, can find new life and purpose.

Dynamic QR codes, therefore, are not just a technological advancement; they represent a broader philosophical shift in how we think about connecting the physical and digital worlds. The controversy surrounding their resurgence and the subsequent adoption by brands worldwide underscores a critical lesson in digital marketing: innovation is not just about creating new tools but reimagining the potential of existing ones to meet the ever-changing demands of consumers and markets.

QR Code KIT, formerly uQRme, revolutionized the digital landscape by introducing the world to the first dynamic QR code generator. This innovation sprang from founder Diego Gopen's vision while exploring augmented reality interactions. Searching for the perfect trigger to launch these experiences, he envisioned a QR code with a unique destiny: one that could be reused indefinitely without reprinting. This breakthrough not only offered a sustainable solution to the problem of reprinting but also unlocked the potential for always-updated content, thereby saving costs and enabling brands to gather key insights about their customers. This narrative of innovation underscores QR Code KIT's leading role in transforming QR codes from static to dynamic, proving that with the right vision, even overlooked technologies can become tomorrow's indispensable tools for engagement and insight.

5 reasons why brands are switching to dynamic QR codes

In the rapidly evolving digital landscape, brands increasingly turn to dynamic QR codes as a cornerstone of their marketing and engagement strategies. This pivot is driven by several key advantages that dynamic QR codes offer over their static counterparts, fundamentally altering how brands interact with their audience.

Enhanced flexibility and control: One of the most compelling features of dynamic QR codes is their inherent flexibility. Unlike static QR codes, which permanently link to a single URL, dynamic QR codes allow for real-time updates to the linked content without needing to alter the QR code itself. This capability means a single QR code can serve multiple purposes over time, from promoting a limited-time offer to redirecting users to the latest product launch or content piece. For brands, this translates to unparalleled control over their messaging and the ability to swiftly adapt to market trends or customer feedback without the logistical and financial burden of generating and distributing new QR codes.
Real-time data and analytics: Dynamic QR codes have advanced tracking capabilities that provide real-time insights into user engagement and campaign effectiveness. Brands can monitor how many times a QR code was scanned, from which geographic locations, and even track the user journey post-scan. This wealth of data enables marketers to refine their strategies precisely, tailoring content to meet their audience's needs better and optimizing campaigns for maximum impact.
Enhanced customer engagement: The ability to update content linked to a QR code instantly offers a vast array of possibilities for crafting personalized and interactive user experiences. Dynamic QR codes can surprise and delight customers with fresh, relevant content, enhancing engagement and fostering a deeper connection with the brand. Whether directing the dynamic QR code to a landing page, digital restaurant menus, virtual business cards, personalized offers, or augmented reality experiences, dynamic QR codes are a portal to a more engaging and tailored brand experience.
Cost-effective campaign management: The adaptability of dynamic QR codes also presents significant cost savings. By eliminating the need to reprint and redistribute QR codes for each new campaign, brands can allocate their resources more efficiently, focusing on creativity and innovation rather than logistics. This efficiency reduces waste and enables a more agile marketing approach, with the flexibility to test, learn, and iterate in real time.
Future-proofing brand strategies: Adopting solutions that can adapt and evolve becomes increasingly critical as digital technologies advance. Dynamic QR codes represent a forward-thinking choice for brands, offering a versatile tool that can integrate with future digital trends and technologies. By embedding flexibility and adaptability into their engagement strategies, brands can capitalize on emerging opportunities and confidently navigate the digital future.
In conclusion, the shift towards dynamic QR codes is driven by their ability to provide enhanced flexibility, valuable data insights, improved customer engagement, cost-effective campaign management, and a pathway to future-proofing brand strategies. As we move forward, dynamic QR codes stand out as a pivotal technology for brands looking to innovate engagement practices and thrive in the digital age.

What to avoid when creating dynamic QR codes

Don't be a digital dinosaur: Linking QR codes to outdated or irrelevant content is a surefire way to frustrate and lose your audience. Keep content fresh, exciting, and in step with current trends. If your linked page screams 1999, you're doing it wrong.

Escape the black hole of homepages: Sending users to your homepage is like dropping them into a digital maze with no cheese. Direct them to specific content or offers that they care about. Don't waste their scan!

Avoid the mobile mishap: If your site looks like a Picasso painting on a smartphone, you've got a problem. Ensure your linked content is mobile-optimized, or watch your engagement plummet faster than you can say "responsive design."

Test or die: Launching QR codes without testing is like skydiving without checking your parachute. Ensure your QR works across different devices and apps, or prepare for a crash landing in user satisfaction.

Don't be creepy: Respect privacy and be transparent about data collection. Linking to content that stealthily harvests personal info is a fast track to becoming a cautionary tale in digital trust.

Impinj Announces Settlement of Patent Litigation

Impinj announced a settlement of its patent disputes with NXP Semiconductors N.V. As outlined in an 8-K filed with the U.S. Securities and Exchange Commission, the agreement terminates all pending legal proceedings, releases each party from liability for past patent infringement, and licenses each party’s patents to the other.

It also releases resellers and end users from infringement claims for the sale or use of the parties’ UHF RFID products before the date of the agreement.

The agreement, which concludes a multi-year patent dispute during which Impinj prevailed in multiple trials, includes both an up-front payment and a yearly license fee to Impinj.

Thursday, March 21, 2024

Global Passport Reader Market Sees Surge in Adoption of E-passports, Self-Service Kiosks, Mobile and Compact Readers

The global passport reader market value stood at US$321.02 million in 2023 and is expected to reach US$501.30 million by 2029.

The global passport reader market has exhibited consistent growth driven by various factors, such surge in air passenger traffic, coupled with the continuous global expansion and construction of airports, which forms a significant catalyst. The market further thrives on the escalating numbers of international immigrants and the widespread adoption of passport readers in the banking sector. Government initiatives focusing on digital identity, along with the increasing occurrences of passport forgery, contribute to the market's upward trajectory. Moreover, the heightened utilization of passport readers within the hospitality sector adds to the comprehensive growth landscape.

The market's upward trajectory is sustained by these diverse growth drivers, reflecting a robust demand for passport reader technology worldwide. As the travel and identification landscape evolves, passport readers play a crucial role in enhancing security measures, facilitating seamless processes, and addressing the challenges associated with global mobility and identification verification. The passport reader market is poised for sustained growth, fueled by these dynamic factors and the continuous evolution of technology in the identification and travel sectors. The market is expected to grow at a CAGR of 8.18% over the projected period of 2024-2029.

The RFID segment held the highest share in the market and OCR segment is expected to be the fastest growing segment in the forecasted period. RFID passport readers are essential for secure identity verification, decoding information from RFID-chipped passports. With the global rise of e-passports equipped with RFID technology, there's an increased demand for compatible readers. Additionally, OCR passport readers, employing Optical Character Recognition, automate text data extraction from passports, enhancing identification accuracy. The growing adoption of OCR readers is fueled by the need for efficient and secure identity verification in travel, border control, and financial services. Integration of these readers streamlines processes, reduces errors, and contributes to a seamless, secure global travel environment, significantly impacting the overall growth of the passport market.

Compact Full-page held the highest share in the market and Self-service Kiosks are expected to be the fastest growing segment in the forecasted period. The Compact Full-page Passport Reader, utilizing advanced OCR technology, efficiently extracts information from entire passport pages, contributing to global passport reader market growth by enhancing security and streamlining immigration processes. Similarly, Passport Readers integrated into self-service kiosks automate passport and identity document reading, enhancing efficiency in processes like check-in and immigration. The rising adoption of these advanced kiosks at airports and border crossings drives demand for passports, thereby fueling the growth of the global passport reader market.

Cold Chain Market size is set to grow by USD 441.18 bn from 2024-2028, use of RFID in cold chain logistics boost the market-

The global cold chain market size is estimated to grow by USD 441.18 bn from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 18.04% during the forecast period. The cold chain market manages the transport and logistics of perishable goods like food (vegetables, fruits, fish, dairy) and pharmaceuticals (blood, drugs, organs, vaccines).

Regulatory compliance is paramount, with efficient storage and transportation vital to maintain quality and extend shelf life. Monitoring temperature ranges (chilled, frozen) ensures product integrity. Technology like RFID tracking aids decision-making. End-user focus lies in food & beverages and pharmaceuticals. Market growth may be influenced by substitutes for perishable products.

In developing countries like India, the penetration of cold chains is limited due to high fixed costs. End-users, particularly farmers, avoid cold storage as it increases product costs and prices, affecting profitability. Compliance with regulations for perishable food products is essential, but substitutes like traditional storage methods persist. End-users are concentrated in rural areas, making storage, transportation, and packaging challenges. Cold chains offer temperature ranges (chilled, frozen, deep-frozen) for food & beverages and pharmaceuticals, extending shelf life. Technological developments in monitoring components and transportation are crucial to improving cold chain adoption. Key challenges include insufficient technical knowledge and transportation facilities.

The North American region dominates the global cold chain market, driven by the surge in protein-rich food imports and online grocery sales. IT spending on advanced technologies like cloud computing, IoT, RFID, and data analytics is crucial for effective inventory management and temperature control of temperature-sensitive products. Regulations and warehouse management systems are essential for ensuring compliance and efficiency. Market concentration is high, with strategic partnerships and mergers and acquisitions shaping the industry landscape. Characteristics of the North American cold chain market include advanced IT infrastructure, stringent regulations, and a focus on optimizing cold storage logistics.

Wednesday, March 20, 2024

Global Smart Retail Market expected to reach USD 71.8 Bn by 2028 growing at a CAGR of 16.48%.

The Global Smart Retail Market is estimated to be USD 33.49 Bn in 2023 and is expected to reach USD 71.8 Bn by 2028 growing at a CAGR of 16.48%.

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

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

Barcode Label Printer Market Expected to Reach $4.3 Billion, Globally, By 2032 at 5.2% CAGR

According to anew report, the global barcode label printer market was valued at $2.6 billion in 2022 and is estimated to reach $4.3 billion by 2032, exhibiting a CAGR of 5.2% from 2023 to 2032.

The barcode label printer market is expected to witness notable growth owing to globalization of supply chains and the broader adoption of Automatic Identification and Data Capture (AIDC) technologies. Moreover, the adoption of cloud-based solutions is expected to provide lucrative opportunities for the growth of the market during the forecast period. On the contrary, integration of barcode label printers with existing IT systems and software limits the growth of the barcode label printer market.

On the basis of type, the industrial printer segment held the highest market share in 2022, accounting for nearly two-fifths of the global barcode label printer industry revenue and is estimated to maintain its leadership status throughout the forecast period. Industrial barcode label printers dominate revenue in the market due to their robust capabilities and durability, catering to high-volume and demanding industrial applications. Industries such as manufacturing, logistics, and aerospace rely on industrial printers for efficient and continuous label printing in challenging environments. These printers offer features such as high-speed printing, rugged designs, and support for a variety of label materials.

Tuesday, March 19, 2024

Movate Signs MoU with Loyola College to set up an AI & IoT-based Robotics Lab in India

Movate, formerly known as CSS Corp, a digital technology and customer experience (CX) services provider, has recently signed an MoU with Loyola College, an esteemed institution consistently ranked among the top 10 colleges in India, to set-up an Advanced Robotics Lab.

Ranked 7th nationally in NIRF (National Institutional Ranking Framework, India) 2023, Loyola College is slated to have this state-of-the-art robotics lab within its premises in Chennai. This advanced facility will be equipped with cutting-edge AI and IoT technologies, aiming to empower students with the latest tools and skills in the dynamic field of robotics.

The laboratory will encompass a total area of 750 square feet, with 600 square feet designated for real-time testing and an additional 150 square feet reserved for storage. The lab will house well-equipped robotic kits, a drone kit, 3D printers, projectors, and the necessary computing power to support students' endeavors. It will provide students with a platform to gain practical experience with advanced technologies. Additionally, Movate is also investing in specialized training for the faculty to ensure that the lab's resources are leveraged effectively to empower students and make them future-ready.

Movate has entered into a partnership with Yagen Robotics, a company that specializes in manufacturing educational robotics kits for various age groups and expertise levels. It also holds recognition from the Department of Industrial Policy & Promotion and the Ministry of Commerce & Industries, Government of India, underscoring its commitment to quality and compliance with government standards in the field of educational robotics.

Electronic Toll Collection Market worth $14.7 billion by 2029

The global electronic toll collection market was valued at USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to register a CAGR of 7.9% during the forecast period according to a new report by MarketsandMarkets™.

The rise in demand for electronic toll collection systems is attributed to the Urgent need to mitigate traffic congestion and reduce road accidents, strong government support through funding and investment in deployment of advanced tolling solutions, and high convenience due to automated payment options.

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029. Highways are an essential means to go from one location to another quickly and efficiently. Vehicles are driven at high speeds on highways; however, high-speed traffic can also pose certain challenges. Hence, safety is crucial on roads designed and constructed for high-speed travel.

The more real-time information that motorists receive on the current traffic situation, the safer they are while driving. Kapsch TrafficCom's intelligent urban traffic concepts are based on advanced technologies, such as ANPR, DSRC, and GNSS, to ensure calculation of the correct payment of tolls. These technologies have demonstrated efficacy in highway toll collection and ensure high reliability and accuracy.  

Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029. The back-office integration and enforcement services include customer services and services related to host and toll plaza systems. Host and plaza systems collect transactional data from all types of lanes, summarize data, generate reports, and download files providing details regarding toll rates, toll schedules, and transponder status lists. Back-office operations involve the management of payments made via generic payment methods, barcoding, online modes, digital payment methods, RFID, etc.

The RFID segment accounted for the largest market share of ~64% in 2029. RFID technology utilizes radio-frequency electromagnetic fields to identify objects that carry RFID tags. This technology is used for electronic identification, tracking, and storing information on a tag. Two-way radio transmitters/receivers, also called interrogators or readers, send a signal to the tag and read its response. RFID readers scan the tag and send the information to the database for storage. RFID is a prominent electronic toll collection technology due to its low operational cost.

Monday, March 18, 2024

Smart Stadium Market Size to Grow by USD 50.70 billion from 2024 to 2028

The Smart Stadium Market is projected to grow by USD 50.70 billion from 2024 to 2028, with a CAGR of 30.15%. Enhanced operational efficiency is a key driver, as smart stadium solutions enable authorities to optimize energy use, automate processes, and improve crowd control. These solutions also offer real-time data integration with public transport and weather departments, enhancing overall efficiency and driving market demand during the forecast period.

The global smart stadium market is fragmented, with the presence of several global as well as regional vendors. Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

    The digital content management segment is poised for significant growth in the forecast period, focusing on video management, digital signage, and mobile content management. Valued at USD 1.62 billion in 2018, this segment facilitates content delivery to various endpoints, including smartphones and tablets. Mobile content management systems enable personalized content delivery to spectators, enhancing user experience. With increasing demand for tailored content and advertisements, the adoption of digital content management software is expected to surge, driving market growth.

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

Europe is poised to contribute 38% to the global market growth, led by its vibrant sports culture and technological advancements in stadiums. The region, home to popular sports leagues like the PREMIER LEAGUE and Wimbledon, sees increased demand for smart stadiums among Generation Z fans accustomed to digital connectivity. Many stadiums have already implemented innovative solutions like LED lighting, pitch monitoring sensors, and eco-friendly heating and cooling systems. With ongoing initiatives to enhance fan engagement and stadium efficiency, Europe is set to drive market growth in the forecast period.

Janam Unveils All-in-One UHF RFID Reader for Supply Chain Operations

Janam Technologies, a provider of rugged mobile computers and contactless access solutions, announced the launch of its XR2 UHF RFID Reader – an all-in-one device designed for real-time tracking and unprecedented visibility into the location and status of items throughout the supply chain.

Built to thrive in demanding warehouse, manufacturing and logistics operations, XR2 combines the most advanced RAIN RFID technology with a sleek, intuitive and ergonomic design that sets a new standard for power and performance. Superior sensitivity, long-range RFID reading and lightning-fast processing speeds bring enormous value to inventory management, asset tracking and other line-of-business applications.

Equipped with an advanced Honeywell 1D/2D imager for high-throughput capture of even the most difficult-to-read barcodes, XR2 ensures every barcode is acquired and decoded swiftly and accurately.

With JanamConnect, an optional multi-carrier SIM card solution available to XR2 users, businesses gain access to the best-performing cellular networks worldwide, including AT&T, Verizon, T-Mobile and more than 600 other networks.

XR2's built-in GPS functionality not only provides accurate location data but also enhances asset tracking and management. By merging precise tag location information with RFID data, XR2 enables businesses to gain business-critical insights into asset logistics, streamline operations and significantly boost efficiencies across the modern supply chain.

Friday, March 15, 2024

Partnership Yields Low-Cost, Dock Door RFID Reader

Surgere has released the first of its new Apex Series of readers to help companies deploy a high-performance RFID solution across their dock doors or conveyors, in volume.

The readers are designed to be easily mounted overhead to accomplish a near 100 percent read rate and were built in partnership with RF Controls. The readers, currently being beta tested by several Surgere customers, can be daisy chained across up to three dock doors, while one deployment is able to cover an unlimited number of doors.

Surgere has traditionally provided RFID solutions for the automotive industry. In the past few years, it extended its customer base to include a variety of manufacturers and consumer goods brands.

Identiv Launches bitse.io 3.0 IoT Connecting Cloud with Advanced Supply Chain and Brand Protection Features


Identiv nnounced the launch of bitse.io 3.0, the latest iteration of its global IoT connecting cloud platform. The updated platform offers advanced features designed to transform applications in supply chain management, brand protection, and customer engagement.

bitse.io simplifies the deployment of innovative IoT applications, enabling customers to rapidly bring solutions with the latest radio-frequency identification (RFID) and IoT technologies to market. With native support for encrypted and tamper-proof tags based upon the top RFID and IoT chips from leading IC manufacturers, industries such as healthcare, retail, and logistics can easily implement secure, efficient IoT solutions. The platform's intuitive design allows for direct configuration of cutting-edge tags, eliminating the need for additional coding and reducing both time and costs.

The new Supply Chain Insights feature provides comprehensive analytics by integrating with enterprise systems like ERP, EPCIS, and CRM. This seamless connectivity offers valuable insights into operations, aiding compliance with upcoming regulations like the European Union Digital Product Passport (DPP) and supporting sustainability initiatives.

Brands seeking to enhance consumer engagement will find bitse.io 3.0 particularly beneficial. The platform's latest features allow for the seamless delivery of content and deeper insights into customer preferences, leading to more effective, impactful marketing campaigns and stronger brand loyalty.

A current pilot program in the wine and spirits sector showcases the exceptional value of bitse.io 3.0. A leading wine and spirits producer has successfully implemented the platform for authentication and traceability of its latest products, while simultaneously offering an engaging virtual experience that strengthens customer loyalty. The enhanced features of bitse.io 3.0 provide unparalleled real-time visibility and advanced traceability, making it an ideal solution for a wide range of industries, including healthcare, pharma, medical devices, smart packaging, specialty retail, and industrial applications.

Thursday, March 14, 2024

RFIDKNOW Unveils Innovative and Affordable FlexAntenna

Technology pioneer RFIDKNOW has released its industrial RFID portal, designed to be scalable, robust and easy to deploy. The RFIDKNOW FlexAntenna completely transforms traditional RFID portal reading systems, by blending technology innovation with practicality. The result is a reader portal that is easy to ship, handle and install, with exceptional read performance.

Demand for visibility into supply chains is driving the need for affordable, modular RFID reader portals in warehouses and distribution centers. Many existing RFID antenna solutions can be a challenge to ship and install at busy dock doors and conveyors. Ability to rapidly deploy industrial RFID systems without heavy equipment is crucial for large-scale deployments.

RFIDKNOW is uniquely positioned to offer a solution to RFID functionality and affordability. Its leadership has decades of experience advising companies on a wide variety of RAIN RFID projects. “It became clear that existing RFID portals were not cost effective, convenient, or accurate enough to meet industry needs,” says Joe Hoerl, the company’s principal consultant. “RFIDKNOW decided to take action and developed FlexAntenna.”

Developed in cooperation with industry-leading antenna design firm Innovoi, Ltd., the patent-pending FlexAntenna’s modular multilinear antennas represent a completely new engineering approach to RFID tag reading and portal manufacturing. With focused beams this innovative new technology captures RFID tag reads from all orientations for best-in-class performance.

The FlexAntenna is optimized for ease of transportation and installation. In addition to being modular, compact and lightweight to reduce shipping costs, FlexAntenna boasts a robust aluminum enclosure that withstands the rigors of industrial environments. Deployments are seamless, since the FlexAntenna can be fitted with leading RFID readers and associated software systems, right out of the box.

IoT Chips Market to Reach $ 1.7 Trillion, Globally, by 2032 at 14.3% CAGR

Allied Market Research published a report, titled, "IoT Chips Market by Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic Device, and Others) and Industry Vertical (Healthcare, Consumer Electronics, Industrial, Automotive, Banking Financial Services & Insurance, Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global IOT chips market was valued at $432 billion in 2022, and is projected to reach $1.7 trillion by 2032, growing at a CAGR of 14.3% from 2023 to 2032.

The IOT chip market is expected to witness notable growth owing to the increased deployment of 5G. Moreover, the surge in demand for IOT chips in the healthcare and automotive industries is expected to provide lucrative opportunities for the growth of the market during the forecast period. On the contrary, rise in security concerns limits the growth of the IOT chip market.

On the basis of hardware, the processor segment held the highest market share in 2022, accounting for more than one-fourth of the global IOT chip market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the increase in demand for edge devices and surge in demand for consumer electronics and soaring popularity of smart homes which use different processor such as microcontroller, and microprocessor. However, the Sensor segment is projected to manifest the highest CAGR of 16.55% from 2023 to 2032.

On the basis of industry vertical, the industrial segment held the highest market share in 2022, accounting for more than one-fourth of the global IOT chip industry revenue and is estimated to maintain its leadership status throughout the forecast period. However, the consumer electronics segment is projected to manifest the highest CAGR of 16.55% from 2023 to 2032, owing to the emergence of several smart appliances that connect to the internet and smartphones.

Wednesday, March 13, 2024

Smart Agriculture Market size to grow by USD 8.91 billion from 2022 to 2027

The smart agriculture market size is to grow by USD 8,917.85 million from 2022 to 2027. Also, the growth momentum will progress at a CAGR of 9.23% during the forecast period, according to Technavio. The widespread availability of affordable cloud services is catalyzing the widespread adoption of smart farming practices on a global scale.

Presently, agricultural operations are migrating towards cloud-based platforms, driven by the prospect of enhanced data accessibility, streamlined information dissemination, improved coordination across farming activities, and secure storage of critical data. Historically, the cost of cloud solutions has posed a significant challenge for farmers. Yet, proactive initiatives by cloud service providers to boost agricultural productivity, coupled with escalating competition within the industry, have resulted in a notable reduction in cloud service expenses. This trend underscores a pivotal shift towards cost-effective yet cutting-edge technological solutions tailored to the needs of modern agricultural enterprises.

The smart agriculture market is fragmented, and the degree of fragmentation will accelerate. The availability of low-cost cloud services encouraging the adoption of smart farming will offer immense growth opportunities. However, the High initial investment in smart farming technology will hamper the market growth.et.

Higher production levels can be achieved by improving wireless communication in the agricultural sector. Thus, this will lead to Equipment repair and maintenance. Furthermore, improved operational reliability in the field can also lead to higher crop production levels. Data collection and storage have become easier with the help of big data analytics. It also facilitates decision-making and other farmer practices. Therefore, increasing adoption of big data is expected to drive market growth during the forecast period.

Zebra Technologies Introduces Automation Solutions at MODEX 2024 to Empower Connected Workers

Zebra Technologies announced new enterprise mobile computing and intelligent automation solutions designed to enable an agile, resilient supply chain with the power of a connected workforce. Zebra will highlight its expanded portfolio of solutions at MODEX 2024 Booth B6623 in the Georgia World Congress Center – Hall B, March 11-14 in Atlanta, Ga.

Operations leaders in the manufacturing, warehouse, retail, and transportation and logistics industries worldwide continue to grapple with fostering resilient supply chains amid heightened omnichannel demands for speed and accuracy, ongoing labor shortages, and economic uncertainty. Recognizing the criticality of an optimized supply chain, 89% of decision-makers surveyed in Zebra’s 2023 Global Warehouse Study say if their organizations do not invest in technology to improve operations, they will not meet their business objectives.

According to Zebra’s study, eight in 10 decision-makers and frontline workers said using more technology and automation would help meet or exceed productivity goals. In addition, decision-makers (54%) and workers (49%) agree addressing worker comfort and ergonomics is a top workforce initiative.

At MODEX, visitors will see how Zebra’s new RS2100 wearable scanner – the industry’s smallest back-of-hand (BOH) scanner – enhances productivity and delivers new levels of comfort to workers. The unique mount on the RS2100 leaves the palm completely unobstructed, providing greater freedom to handle items.

Zebra will also launch the WT6400 and WT5400 wearable computers. Engineered to streamline hands-free workflows while enhancing comfort, the WT6400 and WT5400 provide more flexibility for picking orders, sorting items, and managing inventory with greater efficiency and accuracy. With a larger display and integrated keyboard, the WT6400 is easily accessible for right- and left-handed workers, and its integrated angled camera captures images to document damaged items or completed tasks. The WT6400 is designed for demanding environments, including freezer operation (-30°C), while the WT5400 introduces a new class of wearable computers for hands-free retail workflows.

A new addition to Zebra’s TC5X series are the TC53e/TC58e/TC53e-RFID mobile computers. Designed to meet today’s latest standards, the TC5Xe series offers 5G, Wi-Fi 6E, integrated RFID, premium security features and contains 25% post-consumer recycled plastic by mass. The TC53e-RFID offers integrated short-range UHF RFID, enabling associates to take inventory in the backroom, validate tickets at a concert or verify all items in a shopping cart from up to nearly 4 ft/1.2m away with the same device ergonomics as the standard TC53e.

The TC5Xe series, WT6400 and WT5400 are all powered by the Qualcomm® QCM4490 processor and Qualcomm® QCS4490 processor which provide long lifecycles and more processing power compared to previous generations. These devices can run multiple applications including apps powered by augmented reality and AI, apps designed for voice and line of business as well as simple ‘green screen’ legacy apps.

Tuesday, March 12, 2024

Researchers fabricate the world's smallest QR code using infrared information carrier

Credit cards embedded chips, national mints printed watermarks, and high-profile locations installed retina scanners all for the same reason—to protect information. As attackers grow smarter, so must defense.

Sheng Shen, professor of Mechanical Engineering, along with collaborators at Penn State University, have developed a pixel-by-pixel approach to visible camouflage with hopes of scaling it for enhanced infrared surveillance, optical security, and anti-forgery protections. The research is published in the journal Science Advances.

'Our collaborators came to us with brochosomes—a 'magic' structure leafhoppers produce to create a cloak effect to hide from predators,' Shen said. 'We wanted to understand brochosomes' optical limitations to see what more we could do with them.'

Brochosomes are 3D soccer ball-like objects with nanoscale cavities that internally absorb light rather than reflect it onto outside structures. In nature, biologists suspect that this allows leafhoppers to blend in with their background.

To test functionality, the team simulated two different versions of the structure, one with cavities for light absorption and one without.

There is a fundamental law in physics that if a structure is a good absorber of energy it can emit an equal amount of energy, explained Zhuo Li, Ph.D. candidate at Carnegie Mellon. 'We quickly realized that if we put both structures together one would emit more energy than the other. That would make one appear brighter to an infrared camera than the other.'

Monday, March 11, 2024

Scanbot SDK's new RTU UI v.2.0 makes integrating barcode scanning into mobile apps easier

Scanbot SDK has significantly improved the Ready-to-Use UI Components of its Barcode Scanner SDK for iOS and Android. This makes it easier for companies to provide their apps' end users with intuitive scanning interfaces without having to build them from the ground up.

The RTU UI v.2.0 comes with new configuration options to quickly adapt its visual appearance:

The new color palette feature lets developers easily match the UI colors to the company branding, rather than configuring each UI component individually.

Text elements such as the on-screen user guidance can be adapted in wording, position and color.

Developers can choose how to display the top bar: transparent or filled.

Buttons for zoom, to switch cameras and for the built-in flashlight are now included out of the box as part of the new action bar.

Additionally, the Android Barcode Scanner SDK's UI components are now based on Jetpack Compose, the recommended UI toolkit for Android development.

In some use cases, companies may want to display information tied to a barcode's value directly to the user. To accommodate this, the RTU UI v.2.0 can now show connected data right in the scanning interface.

This feature is also available for the SDK's AR Overlay, making it even easier for users to look up further information about the items they scan.

Allegion Launches Schlage XE360 Series Wireless Locks

 

Allegion US has introduced the Schlage XE360 Series Wireless Locks, a new electronic lock portfolio designed with multifamily market needs – like style and technology – in mind, at an attractive price point.

The XE360 Series is the next generation of innovative electronic locks from Schlage, outfitted with the options and features most looked for by multifamily properties and made to fit the needs of a wide range of common area openings.

With in-demand finishes and modern lever styles, the XE360 Series was designed to complement a variety of design styles. It operates in an offline or No-Tour environment, which eliminates the need for property managers to visit the lock as credentials update the access rights.
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Friday, March 8, 2024

All4Labels and Tageos Developing Sustainable RFID Products

Tageos and All4Labels, a global label company, have announced their cooperation in the field of highly sustainable RFID inlays and tags.

With their common goal to drive and foster sustainable RFID products across all industries, the French-based RFID specialist will be able to offer the new Zero Max RFID inlays powered by All4Labels´ eRFID antennas to the market.

Paper-based RFID inlays manufactured using antennas made by precision laser cutting 4E technology are quite sustainable: 100% plastic free, 100% heavy-metal free and 100% conflict-material free. They are also highly efficient and offer up to 70% less waste and up to 90% smaller carbon footprint compared to PET material use, the companies say.

IoT Sensors Market Forecast to Surge at 22.7% CAGR to Reach $56.8 Billion by 2030

The Global IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Forecast to 2030 report has been added to ResearchAndMarkets.com's offering.

With a projection to expand at a compelling compound annual growth rate (CAGR) of 22.7% through to 2030, the market is anticipated to attain a valuation of $56.8 billion, signifying robust industrial advancements and technological innovation.

In today's interconnected world, IoT sensors play an indispensable role. They offer critical data for various applications, ranging from enhancing consumer electronics functionality to streamlining manufacturing processes. The report categorically analyzes offerings such as image sensors, humidity sensors, and optical sensors, among others, highlighting the adoption trends across different technologies including wired and wireless systems.

The manufacturing sector is poised to witness significant uptake of IoT sensors, leveraging them for applications like smart robotics and inventory management. Simultaneously, the healthcare industry's focus has shifted towards enhancing patient monitoring systems through IoT integration, opening opportunities for sensor technology to transform care delivery and optimize healthcare workflows.

Bolstered by the advent of Industry 4.0 and smart city initiatives, the Asia-Pacific region is the frontrunner in IoT sensor adoption with substantial investments and demand for advanced sensor-enabled devices. Key technological trends such as wireless connectivity and artificial intelligence integration within IoT sensors are setting the stage for a transformative landscape in sensor technology and industry applications.

Market analysts delve into the competitive dynamics, spotlighting the major players in IoT sensor technology and their market shares. They also offer crucial insights into the market trends, drivers, restraints, and the array of opportunities available for stakeholders. Such in-depth knowledge helps in deciphering the diverse strategies adopted by leading industry participants, making the report a cornerstone for understanding current market scenarios and future growth prospects.

The geographical analysis within the report encompasses regional trends and growth hotspots, identifying high-potential areas and emerging market participants. This enhances the understanding of the local competitive environment, assisting businesses and investors to strategize accordingly.

Thursday, March 7, 2024

Avery Dennison Names Ryan Yost President, Materials Group

Avery Dennison Corporation announced that Ryan Yost has been appointed president, Materials Group.

Yost has held several leadership roles at Avery Dennison over the past two decades. He previously held operations and supply chain leadership roles in multiple Materials Group businesses before moving to Solutions Group where he led operations and commercial teams across the globe.

Yost holds a Bachelor of Science in Business Administration in operations and supply chain management from Bowling Green State University and a Master of Business Administration from Cleveland State University.

Reports up to 80% of Credit Cards Have Been Compromised

Up to 80% of all credit cards in circulation have been compromised. Studies suggest that as many as eight in ten credit cards that are currently issued have already been compromised by some sort of hack or data breach.1

SmartMetric developed a biometric credit card that has an internal rechargeable battery that is used to power the fingerprint scanning of the card user independent of card reading terminals and ATM’s. This allows the SmartMetric biometric card to be able to used anywhere and anytime a card holder wants to use their new biometric card.

The advanced SmartMetric biometric card has many other features not least is its hardware-based detection of a live finger. This provides the card with added security against fake fingerprint replicas making the SmartMetric biometric card the most secure card developed.

SmartMetric’s card enrolls a user’s fingerprint easily and as frictionless as experienced in enrolling a fingerprint on a smart phone. On receipt of the card, the user simply touches the cards fingerprint sensor four times. This stores the users fingerprint permanently in the card making the card only useable when the owner of the card touches the sensor to turn on the card at the time, they wish to make a payment.