Introduction
RFID is a technology with huge potential in manufacturing. With multiple applications leading to recognizable business benefits, the global market for RFID in manufacturing is slowly picking up. Looking at how RFID can be applied to manufacturing and the market dynamics ensures that vendors will be able to bolster their offerings into this key vertical.
Scope of this report
- The report looks at the technology behind RFID from a high level and details some of the characteristics behind both hardware and software.
- The report also investigates the strategy and coverage of 8 different RFID vendors including IBM, SAP and Sun.
- The report discusses how RFID technology can be applied and implemented to various manufacturing processes within a factory and highlights key issues.
- This report forecasts the RFID market from 2004 to 2010. The forecast includes vertical and geographical data as well as RFID technology.
Research and analysis highlights
Datamonitor expects RFID uptake to be gradual. The impact of exogenous factors such as mandates on manufacturers will continue to drive the greater RFID market to a point where not complying with mandates becomes less expensive than compliance.
A part of RFID applications depend on the activity of business partners in the supply chain. Co-operation between trading partners requires integration of IT systems. Data integration vendors who are experienced with integrating POS data with IT systems are well placed to capitalize on an area of RFID that is not big now, but will be in future.
It is Datamonitors view that RFID needs to be employed to complement already implemented MES software. MES, traditionally, has always had a considerable price tag, and as such, many manufacturers who were early adopters of that technology, will be reluctant to discard such a major investment.
Key reasons to read this report
- The report looks at what RFID technology is, what is driving it and how it can be applied.
- Discover how vendors should educate the market to convince manufacturers to take RFID solutions on board.
- Get to know Datamonitors estimates for the global market for RFID software, hardware and services.
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