Disrupting Supply Chain Tracking: The Potential of the Chipless RFID Market
Govind Pmr03 Feb, 2023Technology
The Chipless RFID market refers to a new technology in radio frequency identification that does not require a microchip to store information. Instead, the information is encoded onto the antenna of the tag, making it significantly cheaper and more flexible than traditional RFID technology. This technology is expected to grow rapidly in the coming years due to its cost-effectiveness and wide range of applications in industries such as retail, logistics, and healthcare. The market is expected to be driven by increasing demand for real-time tracking, asset management, and supply chain optimization. Additionally, the growing adoption of the Internet of Things (IoT) and advancements in the field of artificial intelligence are expected to provide further opportunities for growth in the Chipless RFID market.
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