Home > News > Industry News > RFID Era Has Come


RFID Era Has Come

  • Author:Dan Chou
  • Release on :2016-10-29

It’s an exciting time for radio frequency identification (RFID) technology. With increased standards, lower system costs, enhanced solution reliability and greater adoption rates, RFID is poised for explosive growth in 2016 and beyond. In fact, the RFID market is expected to reach $18.68 billion by 2026, according to a recent report from IDTechEx. And, if RFID continues to follow the trajectory of its predecessor — barcodes — this prediction is highly valid.

Although barcodes were introduced in the 1970s, it wasn’t until the 1980s that they became regular fixtures in the retail sector. Yet, it took another decade before the technology solidified and barcodes surged into a wider range of industries — including manufacturing. RFID is showing a similar pattern. Off to a slow start in the 1990s and early 2000s, RFID has since begun to pick up speed, heavily permeating the retail space in recent years. In 2014 alone, retail companies were responsible for the use of 3 billion RFID labels, mostly used for apparel tagging, IDTechEx reports. Now, as did barcodes, RFID technology is ready to take other industries by storm.

As we enter a new era for RFID, then what products can use RFID technology, what traditional can be replaced by RFID technology, one key industry is electronic lock verse mechanical keys. Especially RFID Card hotel proximity locks. Nowadays, almost all hotels owner use RFID hotel locks and software and encoder to manage their rooms, it makes all things easier and easier. 

Check website: www.tyminlocks.com to know more.

Copyright Tymin 2016 All Rights Reserved
Mobile browser | Computer browser