Digitalization Drives Investments in RFID for Manufacturing According to ARC Research

New ARC Advisory Group market research reveals that connectivity and digitalization are driving adoption of and investments in RFID (radio frequency identification) for manufacturing and supply chain.

“RFID is a key technology enabler for successful digitalization.  Many companies have developed innovative RFID-enabled applications that reduce costs, improve efficiency and safety, and/or provide them with  a competitive differentiation.  These include real-time location systems for inventory, work-in-progress, mobile production assets, and personnel. As a result, we’re seeing significant and growing investment in the market for RFID sensors and software,” according to Ebele Maduekwe, Research Analyst at ARC Advisory Group and key author of ARC’s RFID in Manufacturing Global Market Research report.

About the RFID in Manufacturing Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the RFID in manufacturing market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by revenue category, hardware type, tag by design, tag technology, application type, region, sales channels, and customers.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to four years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.

About ARC Advisory Group

Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.