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RFID Middleware Market size is set to grow by USD 3.24 billion from 2024-2028, Growing popularity of cloud-based RFID middleware among SMEs boost the market, Technavio

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NEW YORK, June 14, 2024 /PRNewswire/ — The global RFID middleware market size is estimated to grow by USD 3.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.91% during the forecast period. Growing popularity of cloud-based RFID middleware among smes is driving market growth, with a trend towards growing interest in smart retail stores. However, rise in data security and privacy issues poses a challenge. Key market players include Aucxis bv, CCL Industries Inc., Cirfid Technology Co. Ltd., Fujitsu Ltd., GAO Group Inc., Intelligic Software Pvt. Ltd., Irys Pte Ltd., Johnson Controls International Plc, Lowry Solutions, Murata Manufacturing Co. Ltd., Nedap NV, Oracle Corp., Quake Global Inc., RF Code Inc., RFID4U, RMS Omega Technologies, SIGMA Chemnitz GmbH, SmartX Technology Inc., Terso Solutions Inc., and TIBCO Software Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

RFID Middleware Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.91%

Market growth 2024-2028

USD 3240.16 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.71

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 40%

Key countries

US, China, Japan, South Korea, and Germany

Key companies profiled

Aucxis bv, CCL Industries Inc., Cirfid Technology Co. Ltd., Fujitsu Ltd., GAO Group Inc., Intelligic Software Pvt. Ltd., Irys Pte Ltd., Johnson Controls International Plc, Lowry Solutions, Murata Manufacturing Co. Ltd., Nedap NV, Oracle Corp., Quake Global Inc., RF Code Inc., RFID4U, RMS Omega Technologies, SIGMA Chemnitz GmbH, SmartX Technology Inc., Terso Solutions Inc., and TIBCO Software Inc.

 

Market Driver

RFID middleware plays a crucial role in smart stores by facilitating communication between RFID readers and other systems. With the increasing adoption of RFID technology in retail establishments, such as Amazon and Walmart, the demand for RFID middleware is expected to grow significantly. This software enables seamless data exchange, enhancing inventory management, and improving overall operational efficiency in smart stores. 

The RFID middleware market is experiencing significant growth due to the increasing adoption of RFID technology in various industries. This technology enables automatic data collection and real-time inventory management, leading to improved efficiency and accuracy.

The market is driven by the need for seamless integration of RFID systems with enterprise applications and the requirement for scalability and flexibility. Additionally, the trend towards cloud-based solutions and the increasing use of AI and machine learning in RFID systems are expected to further fuel market growth. Overall, the RFID middleware market is poised for continued expansion as businesses seek to optimize their operations and enhance their supply chain management capabilities. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

RFID middleware plays a crucial role in RFID systems by managing and monitoring data and devices. It decodes signals from RFID readers and provides analysis to end-users. Data security is a significant challenge in the RFID market, with threats such as clone tags and unauthorized readers. Due to these concerns, RFID middleware must ensure data encryption and filtering to protect sensitive information. Vendors aim to address these issues and expand into financial applications and card systems.The RFID middleware market faces several challenges in implementing and integrating RFID technology. Cash flows and costs are significant considerations, as RFID systems require substantial investment for hardware, software, and maintenance. Interoperability issues persist, as different RFID systems may not communicate effectively with each other.Additionally, ensuring data security and privacy is crucial, as RFID tags can store sensitive information. Furthermore, real-time data processing and analysis can be complex, requiring advanced analytics capabilities. Lastly, ensuring regulatory compliance, particularly in industries like healthcare and logistics, is essential. Addressing these challenges will be key to the growth and success of the RFID middleware market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Deployment 1.1 On-premise1.2 CloudEnd-user 2.1 Industrial2.2 Transportation and Logistics2.3 Retail2.4 Healthcare2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 On-premise- RFID middleware’s on-premises segment is crucial in the global market due to enhanced security and control over data and infrastructure. This segment reduces data breach risks and ensures faster response times for industries with high transaction volumes. Customizable and scalable, on-premises RFID middleware integrates with ERP and WMS systems, providing real-time inventory visibility and streamlined operations. These advantages are expected to boost the on-premises segment’s growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The RFID middleware market plays a crucial role in the seamless integration and communication between various RFID components in applications such as inventory management and vehicle identification. RFID middleware facilitates the automatic identification process by translating and managing data from RFID tags and transponders, enabling real-time data exchange between RFID readers and databases.

In the context of toll collection systems, RFID middleware ensures efficient toll deduction processes by transmitting unique identification information to the database for registered vehicles upon passing through entry/exit lanes or toll booths.

The RFID system’s architecture relies on radio frequency signals emitted by RFID tags, which are read by RFID readers and processed by the middleware for further analysis and action. The use of RFID middleware reduces manual involvement, ensuring safety and minimizing traffic congestion at physical toll booths.

Market Research Overview

The RFID middleware market refers to the software solutions that enable communication and data exchange between RFID readers and other systems. These middleware solutions provide real-time visibility into inventory and asset movements, enabling efficient supply chain management and operational improvements.

They offer features such as data normalization, filtering, and translation, ensuring seamless integration with enterprise applications.

RFID middleware supports various communication protocols and RFID technologies, making it a versatile solution for various industries, including manufacturing, healthcare, retail, and logistics. The market for RFID middleware is expected to grow significantly due to the increasing adoption of RFID technology and the need for real-time data processing and analysis.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premiseCloudEnd-userIndustrialTransportation And LogisticsRetailHealthcareOthersGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Big Frog Custom T-Shirts & More Ends 2024 With Steady Growth and Major Innovations

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Big Frog celebrates a year of progress with five new locations, the launch of an e-commerce solution and additional initiatives to enhance franchisee success nationwide.

DUNEDIN, Fla.  , Jan. 15, 2025 /PRNewswire-PRWeb/ — Big Frog Custom T-Shirts & More, a leader in custom apparel franchising with over 75 locations across the U.S., is celebrating a successful 2024 full of new initiatives and growth.

“Our focus in 2024 was on launching and refining our new point-of-sale system, a critical investment in the future of our franchisees,” said Tina Bacon-DeFrece, founder and CEO of Big Frog. “This initiative laid the foundation for even greater success as we continue to enhance operations and support our stores.”

Revenue growth for the year was approximately 5%, supported by robust digital marketing efforts and the introduction of Big Frog’s Success Program, which encourages franchisees to engage more actively in marketing planning. Stores that followed their plans closely experienced notable growth, showcasing the program’s potential.

Five new franchise locations opened in 2024, including exciting expansions into Stockton, California, and Albuquerque, New Mexico. Although two additional locations were delayed due to permitting issues, they are set to open in early 2025.

“This year marked exciting expansion for Big Frog, including our first locations in Northern California and New Mexico,” said Bacon-DeFrece. “Our growth strategy, under the leadership of our new chief development officer, David Braun, is heavily focused on leveraging broker networks, digital initiatives, public relations, and organic search. It really has ignited interest across the country in our brand. We’re thrilled to expand into new regions while also strengthening our presence in areas like Florida, where local support is right in our backyard.”

Complementing these development efforts have been Big Frog’s existing franchisees, which have proven to be an excellent referral source and point of validation for prospective owners interested in the brand.

“We’ve refined our process over the years and now set up formal calls, which have been really nice for candidates because it sets expectations and dedicated times for them to speak one-on-one with our franchisees,” Bacon-DeFrece said. “That’s really made the validation process a lot easier for everyone since there is less back and forth.”

Big Frog is also taking a major step forward in leveraging technology to enhance its services and support franchisees. This year, the company focused on developing an innovative e-commerce platform that combines the convenience of online shopping with the personal touch of local fulfillment, setting the stage for its beta launch.

“Our e-commerce initiative has been one of the most exciting projects for Big Frog this year,” said Bacon-DeFrece. “We’re in the process of launching a national platform where customers can design and purchase custom apparel online, with fulfillment handled by our local stores. A key priority for us is ensuring fair revenue distribution across all locations, so every franchisee benefits whether they’re in a major metro area or a smaller market.”

In custom apparel trends, the brand saw increased demand for high-end corporate products like Carhartt and North Face items, as well as continued interest in promotional products. These offerings cater to clients seeking premium-quality branded merchandise.

“We now have access to a lot of those types of blank apparel to decorate,” said Bacon-DeFrece. “Our B2B customers really like that they get some really high end products, either for corporate gifts or for their team.”

Looking ahead to 2025, Big Frog aims to achieve double-digit revenue growth for its stores while exploring advancements in artificial intelligence to simplify store operations. The e-commerce solution, once fully launched, is expected to play a pivotal role in boosting franchisee revenue.

ABOUT BIG FROG CUSTOM T-SHIRTS & MORE:
Founded in 2008 and headquartered in Dunedin, Florida, Big Frog Custom T-Shirts and More, Inc. is an international franchise system with over 75 independently owned and operated stores serving consumers and businesses across the U.S. and Canada. Big Frog specializes in direct to garment printing (DTG) and is a one-stop shop for all custom apparel decorating techniques, as well as branded promotional products. Big Frog offers free design help, no minimums, no art/setup fees, and fast turnaround. Find a store at BIGFROG.COM, U.S. franchise opportunities at BIGFROGFRANCHISE.COM, Canadian franchise opportunities at BIGFROG.CA, and Big Frog on YouTube.

Media Contact

Chad Cohen, Mainland, 3125263996, ccohen@hellomainland.com, www.hellomainland.com 

View original content:https://www.prweb.com/releases/big-frog-custom-t-shirts–more-ends-2024-with-steady-growth-and-major-innovations-302351517.html

SOURCE Big Frog Custom T-Shirts & More

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New Website Helps Consumers Navigate an Important Battery Choice for their EV or Hybrid Vehicle

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East Penn has developed a new website to help navigate through the new ways batteries are being used in EV and Hybrid vehicles.

LYON STATION, Pa., Jan. 15, 2025 /PRNewswire-PRWeb/ — East Penn has developed a new website to help navigate through the new ways batteries are being used in EV and Hybrid vehicles. These vehicles are more complex with different battery voltage systems within the same vehicle. They use both lithium and lead battery solutions, which are dependent on each other to operate a vehicle.

The lithium batteries that power the high voltage system are designed by the automotive manufacturer and most likely last for the life of the vehicle. However, the battery for the low voltage system will eventually need to be replaced. Making the right choice when replacing the 12-volt battery will protect both voltage systems. The battery that’s chosen could either enhance or hinder the overall performance and safety of the EV or Hybrid vehicle over time.

Traditional vehicles use a 12-volt battery to start the engine and to stabilize the electronics. Electric and Hybrid vehicles use the 12-volt battery for all types of safety critical and auxiliary power reasons. Here are a few:

Start-stop functions in micro hybridsStarting assistPowering cabin accessoriesSteer-by-wire power backupBrake-by-wire power backupOther smart controls or enhanced functions

It is more important than ever that the consumer understands the capabilities of the replacement battery for their EV or Hybrid. Battery manufacturers and distributors are beginning to designate their products so that the consumer has the reassurance that they have the right type of replacement battery to meet these safety-critical demands. East Penn has designated its Deka Intimidator line of AGM batteries with the EHP symbol that stands for Electric Hybrid Performance to help give the consumer added reassurance. It’s also important to note, that these lead batteries have achieved the highest Recycled Content (98%) Environmental validation from UL further accrediting them as one of the most sustainable products in the world.

East Penn is a leading manufacturer of high-quality lead batteries and accessories for the automotive, commercial, marine, motive power, UPS, and telecommunication markets. The company’s quality and environmental systems for its entire 520-acre complex have been certified to ISO 9001:2015, ISO/TS 16949:2016, and ISO 14001:2015 requirements. To learn more about the company visit https://www.eastpennmanufacturing.com. To learn more about the power you have to recycle visit https://www.eastpennmanufacturing.com/power2recycle.

Media Contact

Joel Brady, East Penn Manufacturing, Co., 1 610-682-6361 2740, jbrady@dekabatteries.com, https://www.eastpennmanufacturing.com/

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SOURCE East Penn Manufacturing, Co.

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Get Covered Welcomes Dharmesh Shroff as VP of Engineering

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NEW YORK, Jan. 15, 2025 /PRNewswire/ — Get Covered, a leading renters insurance technology company, is thrilled to announce the appointment of Dharmesh Shroff as VP of Engineering. Dharmesh brings over 18 years of experience driving technology innovation in the PropTech space, where he has consistently delivered scalable platforms and seamless integrations.

“We are excited to welcome Dharmesh to the Get Covered family,” said CEO, Brandon Tobman. “His deep expertise in building robust integrations and API ecosystems will be instrumental as we continue to redefine the renter’s insurance experience for our customers and partners and expand our offering.”

Proven Expertise in Technology Leadership

Dharmesh joins Get Covered following a distinguished career that includes serving as SVP of Engineering at Entrata and other leading Property Management Systems companies. “I’m excited about the opportunity to bring transformative technology to the insurance industry, much like I did in the PropTech space,” Dharmesh said. “The parallels between PropTech and InsurTech—both dealing with highly fragmented data and the need for seamless integrations—make this an exciting new challenge.”

Vision for the Future

As VP of Engineering, Dharmesh aims to enhance the customer experience by advancing real-time data integration, incorporating AI-driven capabilities for smarter interactions, and setting new standards for API security and interoperability. His goal is to help create a highly adaptable integration framework that empowers partners and developers while delivering faster, more personalized insurance solutions.

“APIs are more than just tools; they’re the backbone of connected, smarter customer experiences,” Dharmesh explained.

Building on a Culture of Excellence

In addition to his technical expertise, Dharmesh is known for his leadership in building world-class engineering teams. At Pattern he hired over 95 employees across development roles, while at Entrata, he built a robust operation which grew to over 800 employees.

“Attracting and retaining top talent starts with creating a culture of innovation, ownership, and growth,” Dharmesh said.

Dharmesh’s leadership style is also influenced by his commitment to mindfulness, which helps him stay empathetic, focused, and resilient in high-pressure situations.

About Get Covered

Get Covered is revolutionizing the renters insurance industry with cutting-edge technology that simplifies the insurance process for tenants, landlords, and property managers. By combining innovative solutions with a customer-centric approach, Get Covered is setting a new standard for insurance technology.

For more information about Get Covered and its leadership team, visit www.getcovered.io

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SOURCE Get Covered

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