he RFID Printers Market size is expected to grow from US$ 1,745.4 Mn in 2022 to US$ 2,654.4 Mn by 2028
at
a CAGR of 7.2% during the forecast period.
RFID (Radio Frequency Identification) labels are widely used, especially in the retail sector. The
growth
is a result of an increase in the rate of adoption of the RFID printing technology with the help of
special RFID printers.
More than 28 billion RAIN RFID chips were deployed in 2021 and it’s expected that the market for these tags will have reached 35 billion by the end of 2022. The majority of these chips are low-cost 3-cent 96-bit RFID “product ID tags” used in supply chain logistics for retailers, performing a similar function as the barcode from the 1970s, but with the benefit that they read through a box at a speed of 1,000 items (tags) per second.
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TRAVEL
Powercast's Ubiquity transmitter and receiver modules allow device manufacturers to build low-cost wireless charging and two-way communication into everything from electric toothbrushes to home security systems.
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Earlier this year, Walmart issued a new mandate which required suppliers in certain departments to begin providing RFID tags, joining retailers such as Nordstrom in expanding its use of the technology.
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The cannabis market is a very interesting industry. For decades, marijuana and the cannabis family has been illegal, including the US. In 2006, for example, Colorado rejected a ballot initiative to legalize marijuana. Six years later, Colorado voters approved a similar initiative. Oregon would approve its own initiative in 2014.
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Developers, hobbyists and Raspberry Pi enthusiasts searching for a RFID or NFC reader powered by a Pico W sure to be interested in a new Kickstarter campaign launch for the aptly named ReadPi. Now in its last week of funding the ReadPi has already blasted past its required pledge goal with four days remaining and features a 125 KHz 13.56 MHz frequency together with a 1.3 inch LCD screen, SD card reader, buzzer, joystick and battery support. Backer early bird pledges are now available for the innovational project from roughly $33 or £28 (depending on current exchange rates).
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Lowe’s Cos. Inc. is leveraging cutting-edge technology in a new initiative to curb store shrink called “Project Unlock.”
Project Unlock combines low-cost RFID chips and Internet of Things (IoT) sensors to activate power tools at the point of purchase while also creating a secure, publicly accessible, and anonymized record of legitimate purchases. by blockchain.
Technology is constantly adapting and upgrading. Some gadgets get lost in the stream of updates, but radio frequency identification (RFID) is here for the long haul. Companies and people are using RFID technology in these interesting ways to make life easier and more fun.
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