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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