WHAT IS THE FUTURE OF RFID TECHNOLOGY?

Date:Jan 18, 2018

WHAT IS THE FUTURE OF RFID TECHNOLOGY?

  RFID or Radio Frequency Identification has rapidly replaced the age-old concept of barcodes which have been in use since 1974. And though, RFID is not a new technology and confirms its roots in World War 2, where it was used to track the airplanes.

  Existing since such a long time and with some major improvement elements currently, RFID is slowly emerging to completely swipe the barcode technology. If you believe the past forecasts, RFID is set to attain a growth rate of 22.4 percent till 2018 and would be $10 billion industry till 2020.

  Doesn’t it sound too promising? Yes, it surely is!

  And it provides cost-effective and reliable tracking solutions for the industrial needs. Therefore, in future, you could expect the RFID Tags to possess the following major changes:

· Increased memory power

· Sensor integration with the tags

· RFID tags with cloud-based capabilities

· RFID systems with electronic printing technology

· Chipless RFID Tags

  Thus, RFID technology is the promise of a bright future, where you could view some major healthy changes. These changes are aimed to not only turn them more convenient but completely swipe the old-school barcode technology.

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