London, 09 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global RFID Middleware Market 2014-2018.
Radio frequency identification (RFID) middleware enables the development and deployment of RFID systems. The middleware absorbs differences in various RFID tags from multiple suppliers and integrates the data, thus making it possible to build scalable and flexible RFID solutions. The Global RFID Middleware Market is expected to witness high growth and post a CAGR of 23.3 percent during the forecast period.
About the Report
The latest report by TechNavio focuses on the increasing use of middleware in RFID applications. Over the past few years, there has been an unprecedented growth in the adoption of RFID applications in various industries like automotive, healthcare, retail and CPG.
“It is expected that functionalities with the advanced RFID features will be integrated for supply chain management, which will integrate middleware solutions in the end-user segments. This include concurrent control over multiple chips, remote data access, session management, more security and integrity and control over information flow. These functionalities allow manufacturers to deploy technology and use RFID to reduce costs and increase productivity,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Usage of Middleware in RFID Applications.
- For a full detailed list, view our report.
Market Challenges:
- High Hidden Cost.
- For a full detailed list, view our report.
Market Trends:
- Increase in RFID Middleware Usage.
- For a full detailed list, view our report.
Key Vendors:
- OATSystems Inc.
- Software AG
- TIBCO Software Inc.
Other Prominent Vendors:
- Global Ranger
- InSync Software
- Tyco Retail
- Xterprise
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
