Retailers in an Omni-channel Environment Increasingly Deploy RFID for Superior Customer Experience Management

"Retailers are looking to empower their mobile workforce to enrich customers' purchase experience, and this will augment investments in technologies such as handheld readers and smartpoint-of-sale (PoS) solutions," said Ram Ravi, Industry Analyst for Industrials at Frost & Sullivan. "RFID sales will get a further boost from the intensifying focus on loss prevention, inventory management, and customer behavior analysis."

Frost & Sullivan's recent study, Analysis of Growth & Security of the Global RFID Market in Retail, Forecast to 2022, thoroughly examines the competitive structure and presents the market shares of the leading companies. The study includes forecasts, product analyses, market drivers and restraints, industry challenges, and key growth opportunities for the RFID tags, readers, and middleware segments.

For further information on this analysis, please visit: http://frost.ly/2wk

"To cater to the changing retail environment, system integrators need to develop partnerships with data analytics and cloud servicevendors," noted Ravi. "The growing interest in item-leveltagging in the retail industry will further augment RFID demand."

RFID vendors are leveraging the rise of IoT and pursuing opportunities addressing retailers' pain points by:

Analysis of Growth & Security of the Global RFID Market in Retail, Forecast to 2022 is part of Frost & Sullivan's global Automatic Identification & Security Growth Partnership Service program.

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Analysis of Growth & Security of the Global RFID Market in Retail, Forecast to 2022 [K2A4-11]

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