News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, March 15, 2018 ) RFID tags are electronic tags, which function on the principle of radio waves. They use electromagnetic fields to automatically identify and track tags that are attached to objects. They are primarily used for monitoring and tracking objects through an RFID reader. The information recorded by RFID tags can be later read by scanning devices using RFID technology. RFID tags in retail operations help reduce delivery cycle time, provide transparency, streamline supply chain operations, and help retailers capture data, and use data management software to identify the buying pattern of customers.
Publisher's analysts forecast the global retail RFID security tags market to grow at a CAGR of 38.26% during the period 2017-2021.
the growing preference for advanced inventory management practices will be one of the primary growth drivers for the global retail radio-frequency identification (RFID) security tags market till 2021. The application of RFID technology in the retail sector ensures the availability of items in stock. This technology maintains relevant knowledge of product availability and means to locate them. This in turn, enable store stockers to track and locate the hidden items. The application of this technology ensures a high level of accuracy and precision by offering a better inventory management.
Market challenge - High maintenance cost and risk of mechanical vulnerability
Market trend - Growing omnichannel retailing
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
