Automatic data capture and process automation outfit Datalogic, has bought 20 percent of RFID company Research for Innovation (R4i).
R4i specialises in the development of software algorithms that optimise the performance of systems based on RFID technology, particularly in the Ultra High Frequency (UHF) band, which enables one or more objects, whether static or in motion, to be identified, transmitting a univocal identifier to the receiver.
Datalogic claims to be the first company in the global market to have brought automatic data identification to the retail, logistics and industrial spheres. It supplies barcode reading systems, image recognition systems and other technologies that identify objects, including RFID technology, for 45 years.
RFID and UHF technology is becoming an integral and fundamental part of IOT. It enables objects that are not intrinsically related and do not have batteries to be visible and locatable.
Datalogic CEO Valentina Volta said: “By acquiring this stake, Datalogic confirms that innovation is the key to its growth and that it intends to maintain its leadership in traditional barcode reading and image recognition technologies and complementary object identification technologies.
“ Following the agreement with R4i, Datalogic is now able to extend the development of solutions to RFID technology, improving its competitive position and increasing its presence in the four major markets.”
She said that RFID technology will make object identification increasingly automatic, univocal and incremental. It represents great opportunities for the growth of our business.
R4i CEO Pietro Carolla said: “The entrance of Datalogic, a world benchmark in the field of identification, R4i will can develop innovative solutions based on the requirements of Datalogic’s international customers operating in the retail, manufacturing, transport & logistics and healthcare spheres”.
The Tarot Card readers at DTechEx Research have been shuffling their decks and reached the conclusion that the RFID market will be worth $11.2 Billion by the end of the year.
Based on the new report “RFID Forecasts, Players and Opportunities 2017-2027”, IDTechEx Research finds that in 2017, the total RFID market will be worth $11.2 billion, up from $10.52 billion in 2016 and $9.95 billion in 2015. This includes tags, readers and software/services for RFID labels, cards, fobs and other form factors, for passive and active RFID.
In retail, RFID continues to be rolled-out for apparel tagging predominately – that application alone will demand 8.7 Billion RFID labels in 2017 – which still has plenty of room for growth since this is less than 20 percent penetration of the total addressable market for apparel in 2017. In other areas, RFID in the form of tickets used for transit will demand 825 million tags in 2017 and the tagging of animals is substantial as it continues to be a legal requirement in many more territories, with 480 million tags being used for this sector in 2017.
In total, IDTechEx expects that 18.2 billion tags will be sold in 2017 versus 15.2 billion in 2016. Most of that growth is from passive UHF (RAIN) RFID labels. However, in 2017 UHF RFID tag sales by value will be 25 percent of the value of HF tag sales, mainly because HF tags where used for security have a higher price point versus the cheaper, usually disposable labels used for tagging things.
IDTechEx Research has analyzed the RFID market for over 18 years. This report provides detailed data and analysis of the entire sector based on our extensive research including interviews with RFID adopters and solution providers in the various applicational RFID markets, giving an unprecedented level of insight into the total RFID industry and what is really happening. Predominately, IDTechEx conducts research through interviews with companies across the value chain, site visits and conference visits followed by secondary research.
For UHF, HF and LF data provided includes numbers of tags, average sales price and total tag value for 24 application categories. Interrogator forecasts are broken down by frequency. The total RFID value is given for the eleven largest RFID markets.
This comprehensive report from IDTechEx gives the complete picture covering passive RFID, battery assisted passive and active RFID. It provides detailed forecasts and depth unmatched by any other.