Authored By: Sarah
11 Jul 2024

 RFID Middleware Market to grow by USD 3240.16 million between 2024-2028

According to a research report “ RFID Middleware Market” by Deployment (On-premise, Cloud) End-user (Industrial, Transportation and logistics, Retail, Healthcare, Others) Geography (North America, APAC, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 3240.16 million at a CAGR of  10.91% during the forecast period. In the business realm, cloud-based RFID middleware serves as a crucial software solution, installed on the cloud between applications and RFID hardware devices. This setup allows users to access it remotely, thereby reducing initial server procurement costs for SMEs. Furthermore, cloud-based RFID middleware mitigates data loss risks and security concerns. Notable vendors providing such solutions include Terso, Tellago, GAO, and IDink. These platforms offer data filtering, processing, inventory services, and storage for applications like inventory management, asset management, and supply chain management. For instance, GAO Group Inc.'s GAO asset tracking software is a testament to these capabilities..

Browse market data tables, figures, and in-depth TOC on “RFID Middleware Market” by Deployment (On-premise, Cloud) End-user (Industrial, Transportation and logistics, Retail, Healthcare, Others) Geography (North America, APAC, Europe, Middle East and Africa, South America) Global Forecast to 2028.

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By Deployment, the On-premise segment is projected to dominate the market size in 2024.

RFID middleware plays a pivotal role in the industrial sector, particularly in supply chain and inventory management. By facilitating the integration of RFID tags, readers, and other components, RFID middleware enables manufacturers to streamline production cycles, optimize inventory levels, and make data-driven decisions. The resulting operational efficiencies and improved supply chain visibility are essential for businesses aiming to remain competitive in today's market.

By End-user, Industrial  segment is expected to hold the largest market size for the year 2024.

RFID middleware is a crucial component of the RFID technology ecosystem, serving as the interface between RFID hardware and enterprise systems. The on-premises deployment model for RFID middleware offers several business advantages, including enhanced security and data control. By hosting RFID middleware within their own infrastructure, organizations can mitigate risks associated with data breaches and unauthorized access, making it an attractive option for industries dealing with sensitive information, such as healthcare, finance, and defense.

North America is forecasted to hold the largest market size by region in 2024.

The RFID middleware market in the regional retail sector is poised for significant expansion, fueled by substantial investments in the industry. With a high density of organized retailers and supermarkets in North America, particularly in the US, where major players like Walmart and Target are headquartered, the retail industry's growth is accelerating, particularly in Mexico for apparel, fashion accessories, and cosmetics. This investment trend will lead to the widespread adoption of RFID systems, including RFID tags, readers, and middleware, as retailers recognize the numerous advantages of implementing these technologies in their operations.

The RFID Middleware Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Aucxis bv
  • CCL Industries Inc.
  • Cirfid Technology Co. Ltd.
  • Fujitsu Ltd.
  • GAO Group Inc.
  • Intelligic Software Pvt. Ltd.
  • Irys Pte Ltd.
  • Johnson Controls International Plc
  • Lowry Solutions
  • Murata Manufacturing Co. Ltd.
  • Nedap NV
  • Oracle Corp.
  • Quake Global Inc.
  • RF Code Inc.
  • RFID4U
  • RMS Omega Technologies
  • SIGMA Chemnitz GmbH
  • SmartX Technology Inc.
  • Terso Solutions Inc.
  • TIBCO Software Inc.
.

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Research Analysis Overview

In the realm of intelligent transportation systems, the RFID Middleware Market plays a significant role in facilitating seamless communication between various components of RFID systems. This market encompasses software solutions that enable the automatic identification of registered vehicles at toll booths, managing inventory of RFID tags and transponders, and ensuring efficient toll fee collection. The RFID Middleware Market caters to the integration of RFID technology with safety and traffic management systems. It utilizes unique identification information from RFID tags and transponders, which are read via RFID readers using radio frequency signals. These systems automatically deduct toll fees upon vehicle entry and exit, reducing manual involvement and congestion at physical toll booths. The RFID Middleware Market's architecture includes the integration of RFID systems with databases, enabling real-time location, time, and date information for toll collection and inventory management. Affordable RFID solutions in this market cater to the growing demand for RFID technology in the transportation sector, contributing to the expansion of the RFID market.

Market Research Overview

In the dynamic world of sports and entertainment and e-commerce, retailers are continually seeking ways to enhance the shopping experience, ensure customer satisfaction, and optimize their omnichannel retail operations. RFID (Radio Frequency Identification) middleware plays a crucial role in this endeavor by facilitating communication between various RFID tags and readers, enabling real-time inventory management and accurate data capture. The RFID middleware market caters to diverse retail applications, from smart shelves and restocking processes to anti-theft measures and asset management. This technology employs various tag types, such as passive tags with integrated antennas, capacitors, resistors, and semiconductor chips, and active tags with batteries and electronic circuitry. Scalability is a significant advantage of RFID middleware, making it suitable for both larger enterprises and smaller businesses. However, technical limitations, such as interference, read range, and frequency band, must be considered. Additionally, privacy laws and secure access control are essential aspects of RFID middleware implementation in industries like retail, manufacturing, finance, healthcare, and logistics. The RFID market continues to grow, driven by advancements in RFID technology, affordability, and the increasing demand for accurate product identification and efficient supply chain operations. RFID middleware is a vital component of this ecosystem, ensuring seamless communication and integration of RFID systems with various electronic devices and databases.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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