At present, we have a wide range of technologies such as RTLS, sensors, Wi-Fi, ZigBee, GPS, RuBee and ultra-wideband (UWB) that can be combined with traditional active RFID to develop better solutions that add more value to end-users' businesses. As the industry matures, more convergence of different technologies is bound to happen to achieve the best results.
The present challenge is to make all these technologies work together. Stronger middleware and algorithms that can support the seamless integration of various technologies with enterprise resource planning (ERP) systems are required.
Another issue that makes integration difficult is the interoperability of various technologies. Different technologies are proprietary solutions and bringing them together to one common platform is a challenging task at present.
Market participants need to focus on developing solutions that work beyond pilots and support business expansion. Additionally, the initiatives from participants, associations, and governments would help standardize various technologies and products.
The impact of this challenge is likely to remain medium in the mid to long terms.
This research service analyses current and future trends in the Global active RFID and sensors market. Active RFID and RFID-based sensors are expected to gain greater traction in an emerging market. This service discusses various market drivers and restraints and also the challenges the market is facing right now and also gives an overview of various market and technological trends. Various segments such as traditional active RFID, RTLS and active RFID sensors are discussed in detail along with their total revenues and revenue forecasts. Regional analysis and competitive analysis are also provided. This deliverable will give market participants the necessary business intelligence to accelerate growth in this fast-paced, upcoming market.
Click for Report details:Analysis of the Active RFID and Sensor Networks Market