With the continuous innovation of RFID technology, RFID will become an important part of various industries

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RFID electronic tags are physical media that are installed to the product electronic code (EPC) of traceable items. They have a wide range of applications, can be circulated globally, and can perform operations such as reading, writing, and identification.

RFID (Radio Frequency Identification) technology has attracted much attention in recent years as an important technology for building the Internet of Things.

The huge market space of RFID will be opened up, and the advantage of a company is to discover and master it before the demand is formed.

1: The RFID industry is expected to grow steadily, especially in the apparel and retail industries.

As the global economy stabilizes, more and more retailers are shifting from a wait-and-see state to formal deployment. Companies that have deployed the RFID project will continue to expand the project. The utilization rate of RFID technology in this field will increase steadily. The utilization rate of RFID technology in other fields is also increasing, but the growth rate is relatively stable. In the apparel industry, La Chapelle’s women’s clothing and fast fashion leader UR uses innovative apparel RFID technology for real-time management, realizes warehousing and storage chain management, effectively distributes product supply chain distribution efficiency and increases sales, which greatly reduces labor costs.

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<p><strong>2: The application of RFID technology in the three major industries of aviation, construction and energy has soared, and the utilization rate is second only to the retail industry.</strong></p>
<p>Nowadays, companies in these three industries are paying more and more attention to RFID technology. In the aviation industry, the adoption of Boeing and Airbus will be the biggest driving factor for RFID technology. At present, construction companies are also looking for ways to improve efficiency, and the energy industry also needs to cut costs to cope with the reality of low oil prices. These will be the stage for the future of RFID technology.</p>
<p><strong>3: Some Microsoft executives have also begun to realize the huge industry opportunities of RFID technology</strong></p>
<p>Since Microsoft and other large technology companies believe that technology can help promote the development of cloud computing, there are signs that it will begin to pay attention to RFID technology.</p>
<p><strong>4: Passive RFID sensors with lower and lower costs are introduced.</strong></p>
<p>There are signs that Microsoft and other large technology companies will begin to wait and see RFID technology because they find that RFID technology can effectively promote the growth of cloud computing. If RFID technology is applied, it will help them greatly improve efficiency.</p>
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5: With more and more innovations in RFID technology, passive RFID sensors will be used by more companies.

In the past few years, passive UHF RFID tags and sensors have been significantly improved. The current focus is to simplify deployment and make the system more scalable. It is very important for multi-store retailers to use RFID technology to innovate. All companies will benefit from these advances and will also benefit from the era of smart new retail technology.

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