NewswireToday - /newswire/ -
Singapore, Singapore, 2008/06/10 - Superior returns, enhanced privacy, larger memory, as well as more features and form factors are the order of the day in the Asia Pacific radio frequency identification (RFID) tags market, following a rise in end-user awareness about the technology.
Companies can enhance their RFID operations through alliances or acquisitions and aim to generate enough volumes to support the tag cost and the technological advances.
New analysis from Frost & Sullivan (autoID.frost.com), Strategic Assessment: Asia Pacific RFID Innovations and Ideas, provides insights on how the success of the improved RFID tags is heavily dependent on the solving of several commercial and engineering issues. Some of these concerns include development of affordable RFID tags, performance in complex environments, management and validation of the vast amount of data collected, and resolution of social issues regarding protection of personal data and user privacy.
Many companies have already recognized the potential of RFID to become the next ubiquitous technology to revolutionize many aspects of lives and have made substantial headway in R&D.
"Nevertheless, the benefits of innovation are still intangible for many even though they have started to yield real business value in the RFID space," says Frost & Sullivan Industry Analyst Parul Oswal. "Significant research and commercialization is required to achieve the vision of pervasive, device-to-device communications between basic identification and sensing devices and the data gathering infrastructure."
Strategic Assessment: Asia Pacific RFID Innovations and Ideas is part of the Automatic Identification & Security Growth Partnership Service program, which also includes research in the following markets: Biometrics, smart cards, RFID, security, etc. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with a strategic assessment of innovations and ideas in the Asia Pacific RFID space, then send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.
Strategic Assessment: Asia Pacific RFID Innovations and Ideas - P191