RFID systems have been a boon for the retail industry. They help reduce delivery cycle time, provide transparency, streamline supply chain operations, and help retailers capture data, and use data management software identify the buying pattern of customers.
RFID technology has also helped vendors step-up both inventory management and security, in a bid to keep a closer eye on products through the entire supply chain.
And while the global RFID market for retail applications accounted for just 7.49% of the total RFID market in 2014, this number is expected to jump to 24.33% in 2019, growing at cumulative average growth rate of 40%.
As a result, security tags for the retail industry are also in demand and are expected to grow by almost $3 billion by 2021. Learn more about the retail RFID security tags market below.
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Technavio analysts have identified 15 companies expected to have a big impact on the retail RFID market over the next four years:
Alien Technology
For 20 years Alien Technology has proven to be the trusted supplier of EPCglobal Gen2 and ISO/IEC 18000-6c compliant UHF passive RFID transceiver chips, tags, inlays & labels, fixed & mobile readers and related professional services for item tagging, retail/apparel, transportation, life sciences and many other applications.
Avery Dennison
Avery Dennison Retail Branding and Information Solutions (RBIS) is a global leader in Radio Frequency Identification (RFID)-enabled solutions with more than 800 patents, and applications and global manufacturing capabilities that have produced over five billion RFID tags and labels. Avery Dennison has an industry-leading solution development team that supports customers from business case development to complete solution implementation. Based in Westborough, Massachusetts, Avery Dennison RBIS responsibly serves the global marketplace with operations in 115 locations, 50 countries across six continents. For more information, visit rbis.averydennison.com.
Checkpoint Systems
Checkpoint Systems is a global leader in merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility.
Checkpoint’s solutions are built upon 45 years of radio frequency technology expertise, innovative high-theft and loss-prevention solutions, market-leading RFID hardware, software, and comprehensive labeling capabilities, to brand, secure and track merchandise from source to shelf.
GlobeRanger
GlobeRanger’s proven IoT platform, iMotion, enables the Internet of Things (IoT) and Industrial Internet by simplifying the development, deployment, and management of RFID, mobile and sensor-based solutions.
GlobeRanger is a leading technology provider of enterprise sensor, IoT and Edge Computing software, and offers robust end-to-end solutions and professional services.
The company’s mission is to provide the most reliable, scalable, and flexible enterprise edge software infrastructure and solutions at the lowest total cost of ownership (TCO).
Impinj
Impinj is a leading provider of RAIN RFID solutions. We deliver Item Intelligence, physical items’ unique identity, location and authenticity, to the digital world, which we believe is the essence of the Internet-of-Things. Our platform connects billions of everyday items such as apparel, medical supplies, automobile parts, drivers’ licenses, food and luggage to applications such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell.
InSync Software
InSync’s software powers the world’s leading RFID, GPS and sensor-driven asset tracking applications. Whether utilized through the cloud (SaaS) or on-premises, InSync’s products allow end-users, managed service providers and ISVs to rapidly realize the benefits of a highly connected world – increased asset visibility, improved operational efficiencies and reduced risks.
Nedap
Nedap Retail offers RAIN RFID solutions that cover all relevant in-store RFID applications including goods receiving, stock room to sales floor movements, inventory taking, sales, returns and Electronic Article Surveillance (EAS). Our RFID solutions help retailers overcome the challenges of deploying advanced technology such as RFID in all stores. The hard- and (SaaS) software is designed for retail stores, offering best in-store RFID read performance and an intuitive design.
RFID4U
RFID4U offers a combination of RFID technical expertise, practical assessment and implementation services, and industry leading innovative solutions that place RFID4U among the leaders in RFID technology solutions. We can help your company stay ahead of the RFID evolution, while allowing you to take full advantage of latest innovations in this rapidly changing technology.
All our RFID solutions are based on our cutting edge TagMatik™ – The Rapid RFID Deployment Platform
Developed by us using more than a decade of rich RFID experience as a leading trainer and implementer for Fortune 500 organizations, TagMatik™ is an enterprise, cloud ready software platform enabling rapid deployment and integration of scalable, real-time visibility solutions for enterprise asset management, inventory control, warehouse management, access control, apparel tracking, work-in-process tracking, re-usable assets tracking, campus tracking and construction management.
Smartrac
SMARTRAC is the leading, global company in the field of RFID technology that makes products smart and enables businesses to identify, authenticate, track and complement product offerings with digitally based services and link objects with customer’s IT systems and the internet.
SML Intelligent Inventory Solutions
SML makes RFID simple by delivering a complete RFID solution, including software, hardware, RFID-enabled woven labels, printed fabric labels, EAS, trim, printed paper tags, and more. SML is the second largest RFID label provider in the world and manages encoding, serialization and tag management. SML IIS’s Clarity™ application platform is is used by the world’s largest and finest retailers around the world.
Software AG
Software AG offers the world’s first Digital Business Platform, empowering customers to rapidly innovate, differentiate and win in the digital world. The unique combination of process, data integration and real-time analytics in one comprehensive middleware platform enables Software AG customers to drive operational efficiency, modernize their systems and optimize processes for smarter decisions and better service.
Tellago
Tellago is an award-winning application development firm focusing on revolutionizing enterprise IT by providing innovative software solutions that leverage the latest technology trends in the software industry. Tellago’s technology practices focus on providing software and service solutions for large enterprise IT markets using revolutionary technologies. Currently we are focused on disrupting enterprise IT by providing solutions in key areas like enterprise mobility, modern business intelligence and big data, cloud computing, social computing, collaboration, and natural user interfaces such as Microsoft’s Kinect for Windows.
TIBCO Software
TIBCO Software empowers executives, developers, and business users with Fast Data solutions that make the right data available in real time for faster answers, better decisions, and smarter action. Over the past 15 years, thousands of businesses across the globe have relied on TIBCO technology to integrate their applications and ecosystems, analyze their data, and create real-time solutions.
Tyco Retail Solutions
In today’s dynamic retail environment, you understand the importance of innovative new strategies to improve your business performance and build shopper loyalty. To help you get there, you need a partner like Tyco Retail Solutions that recognizes, responds, and delivers the technology, solutions, and expertise needed to stay one step ahead—while staying in touch with the constantly changing needs of your customers.
Zebra
Zebra (NASDAQ: ZBRA) makes businesses as smart and connected as the world we live in. Zebra tracking and visibility solutions transform the physical to digital, creating the data streams enterprises need to simplify operations, know more about their businesses, and empower their mobile workforces. For more information, visit www.zebra.com.
