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World RFID Middleware MarketsProduct Type: Market Research ReportPublished by: Frost & Sullivan Published: April 2005 Product Code: R1-3094 Description Rising RFID Awareness Propels Growth in Middleware Market The radio frequency identification (RFID) middleware market is set to grow at a steady rate in the near future following the rising product awareness among end users. The on going evaluation of RFID technology following the mandates issued by authorities in the United States is one of the causes for this renewed interest. In line with the climbing interest, the use of RFID tags and readers are expected to rise. As a result, the generation of data will be on a large scale. This is likely to impact the RFID middleware market positively as middleware is vital to managing the collected data. Increasing awareness about the stable expected returns on investment is also likely to boost development in this sector. This Frost & Sullivan research service on the worldwide markets for RFID middleware offers in-depth information on drivers, restraints, and industry challenges. The study includes demand and revenue forecasts that allow participants to plan effective long-term strategies. It also aims to identify market and technology trends to enhance market intelligence. The comprehensive market analysis highlights growth opportunities that participants can effectively capitalize on. Four primary vertical markets - retail & consumer packaged goods, healthcare and pharmaceutical, logistics and transportation and hi-tech manufacturing - are analyzed in terms of their revenue generation potential. Mandates, Specification of Standards and Participation of Regulatory Authorities Drive Adoption of RFID Technology, Boosting Middleware Market RFID adoption is likely to rise following the recent mandates issued by retail giants such as Wal-Mart, Albertsons and Target and other major entities such as the U.S. Department of Defense. These mandates insist on suppliers becoming RFID compliant, compelling most suppliers to integrate existing systems with new RFID systems. Specification of standards by EPC Global and participation of the FDA will also increase RFID adoption. "The resulting adoption will create the need to manage data generated and the need to integrate data from readers with other enterprise applications such as enterprise resource planning and warehouse management systems," observes the analyst of the research. "These requirements, in turn, are likely to boost demand for software solutions, propelling the middleware market." Strategic Alliances Key Trend in RFID Middleware Market To ensure maximum user mileage from RFID technology, vendors must develop products that function irrespective of hardware type or vendor. Seamless integration of enterprise applications such as warehouse management systems (WMS) or enterprise resource planning (ERP) is also vital. This is especially important as most end-users obtain their hardware systems from multiple vendors for reasons such as vendor proximity, trusted partners, or order volume. Most vendors are developing and utilizing middleware to create systems that are compatible to a variety of interfaces. "With the growing need for interoperability, partnerships between hardware vendors and RFID architecture providers with middleware vendors, and enterprise applications solution providers are on the rise," says the analyst. "These uniform and seamless solutions for end users create ease of use and reduce cost of integration, thus increasing a vendor’s reach and network of its strategic partners to improve business opportunities." Table of Contents 1. Executive Summary 1. Market Overview 1. Introduction 2. Market Segments 2. Major Research Findings 1. Opportunities and Forecasts 2. Strategic Conclusions 2. Total World RFID Middleware Market 1. Overview and Definitions 1. Introduction 2. Market Drivers a. Item Level Tagging Expected to Increase The Amount of Data Generated Greatly b. Mandates From Entities Like Wal-Mart and US Department of Defense Pushing Adoption of the Technology c. Increasing Awareness About Accruable Returns from RFID Deployment d. Partnerships Driving Growth Through a Complete Solution Offer e. Vendors Developing Products Keeping In Mind The Needs Of End-Users 3. Market Restraints a. High Cost of Hardware Restrains Adoption b. Awareness Level of End-Users Is Low c. Standards Are Not Yet Clearly Defined and Understood By Vendors and End-Users d. Lack Of Understanding Of Middleware Functionality By Actual Users 4. Industry Challenges 5. Market Engineering Measurement Analysis 2. Forecasts and Trends 1. Revenue Forecasts 2. Demand Analysis 3. Market and Technology Trends 4. Pricing Analysis 3. Competitive Environment 1. Competitive Structure Analysis 2. Company Profiles 4. RFID Middleware Market Evaluation 1. End User Cost Analysis 2. Interest Level of Adoption 3. Desired Features and Functions 3. Strategic Analysis by Vertical Markets 1. Consumer Packaged Goods and Retail 1. Introduction 2. Market Drivers a. Mandates from Global Retail Giants Like Wal-Mart and the United States Department of Defense (DoD) b. Very High Need to Track Items in Stores to Prevent Pilferage by Customers and Store Employees c. Cost Savings and Increased Efficiency in Managing the Supply Chain d. Results of Successful Deployments Providing Encouragement for Others to Deploy RFID 3. Market Restraints a. High Cost of Tags Restrains Growth b. Cost of Hardware Still Prohibitively High 4. Revenue Forecasts 2. Pharmaceutical and Healthcare 1. Introduction 2. Market Drivers a. Efforts to Prevent Huge Losses from Drug Counterfeits b. High Cost of Items to be Tagged Makes More Business Sense for Tagging c. Return on Investment Realized Faster d. Participation by the U.S. Food & Drug Administration (FDA) 3. Market Restraints a. Lack of Standards Specification is Making Adoption Difficult b. Concern Over Effect of Radio Frequency Energy on Drugs 4. Revenue Forecasts 3. Logistics and Transportation 1. Introduction 2. Market Drivers a. Increasing Need To Track Containers b. RFID Holds Huge Potential When Coupled With Complementary Technologies 3. Market Restraints a. Use Of Active Tags Are Required That Are Still Highly Priced b. End-Users Maintaining A Strict Wait-and-Watch Strategy c. Lack Of Robust Middleware to Provide Easy Integration With Complementary Technologies 4. Revenue Forecasts 4. Hi-tech Manufacturing 1. Introduction 2. Market Drivers a. Need to Track Parts That Go into Manufacturing of Other Products b. Reducing Hardware Prices Strengthens the Business Case For RFID 3. Market Restraints a. Uncertainty About Return On Investment b. Certain Conditions in a Manufacturing Unit are Considered Too Hazardous For Optimum Performance Of RFID Tags 4. Revenue Forecasts 4. Strategic Analysis by Geographic Region 1. North America 1. Overview 2. Retail and Consumer Packaged Goods 3. Pharmaceutical and Healthcare 4. Logistics and Transportation 5. Hi-tech Manufacturing 2. EMEA 1. Overview 2. Retail and Consumer Packaged Goods 3. Pharmaceutical and Healthcare 4. Logistics and Transportation 5. Hi-tech Manufacturing 3. Asia-Pacific 1. Overview 2. Retail and Consumer Packaged Goods 3. Pharmaceutical and Healthcare 4. Logistics and Transportation 5. Hi-tech Manufacturing 5. Frost & Sullivan Awards 1. Frost & Sullivan Awards 1. Excellence in Technology Award 2. Product Innovation Award 3. Technology Innovation Award 6. Appendix 1. Decision Support Database Tables 1. Number of Retail Stores 2. Number of Hospitals 3. Total Healthcare Expenditure List Of Figures |
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