Artificial Intelligence
Global Chipless RFID Market By Product Type, By Frequency, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026
New York, Feb. 25, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Chipless RFID Market By Product Type, By Frequency, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026” – https://www.reportlinker.com/p06028124/?utm_source=GNW
This transition occurred due to the advent of radio-frequency identification (RFID) technology as a contactless identification technique. The RFID tags utilized previously were incorporated with chips which further expand the complete cost of the tagged products. Hence, the demand for low-cost RFID tags is increasing, which can be extensively utilized without adding complete cost to the tagged items.
The global chipless RFID market is expected to register considerable growth during the forecast period. The growth of the chipless RFID market is driven by various factors like high accuracy, low manufacturing cost, and offering more functions in comparison to other alternatives. Although, the major restraint for the global chipless RFID industry is the huge initial investment cost. Moreover, retailers are increasingly shifting their focus towards chipless RFID, which is anticipated to create lucrative opportunities for the chipless RFID market. In addition, economically developed countries are likely to observe massive penetration of chipless RFID technology in several retail segments. The growth of the chipless RFID market is anticipated to boost owing to various factors like the booming manufacturing industry, incentives in the Union Budget worldwide because of the COVID-19 pandemic.
By Product Type
Based on Product Type, the market is segmented into Tag and Reader. RFID tags segment is expected to be pushed by the increasing need for the effective supply chain management. Chipless RFID stores comprehensive data of products up to 2KB, which are tagged with chipless RFID. RFID tags product profit from the automatic recording of prices and other details when the customer comes to the counter without the need to scan each product, which eventually saves the time of the customer.
By Frequency
Based on Frequency, the market is segmented into High Frequency, Low Frequency and Ultrahigh Frequency. It is possible to detect all chipless RFID within range instantly & monitor the data in a system database. Therefore, it decreases human effort & error and offers superior accuracy. In addition, chipless RFID technology offers several features like chipless RFID tags are capable of read/write, automated, distinctively identifies every item or asset, among others.
By Application
Based on Application, the market is segmented into Smart Cards and Smart Ticket & Others. The High Frequency market dominated the Global Chipless RFID Market by Frequency 2019. The Low Frequency market would showcase significant growth rate during the forecast period. Additionally, The Ultrahigh Frequency market would exhibit highest CAGR of 24.8% during (2020 – 2026).
By End User
Based on End User, the market is segmented into Logistics & Transportation, BFSI, Retail, Healthcare, and Others. The transport and logistics segment is anticipated to be a significant application during the forecast period. The increasing public transit market is expected to boost the demand in upcoming years. The growth of the market is expected to be boosted by the development of modern infrastructure in nations like India, China, and Brazil. Radio-Frequency Identification technology is being adopted by various stores and warehouses across the globe to offer big data in order to reveal new insights to the management, enable Omni-channel retailing, enhance store execution, and improve customer experience, inventory accuracy, improve on-shelf availability, and decrease shrinkage.
By Region
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia-Pacific is anticipated to grow at the promising growth rate over the forecast period. APAC region, particularly China is the major contributor to the global supply chain industry, and the companies in the country are heavily investing in the technology; for example, utilization of RFID labels in the logistic sector to enhance the production network market in the country.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Honeywell International, Inc. is the major forerunner in the Chipless RFID Market. Companies such as Avery Dennison Corporation, Zebra Technologies Corporation, NXP Semiconductors N.V., Alien Technology, LLC are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zebra Technologies Corporation, NXP Semiconductors N.V., Honeywell International, Inc., Avery Dennison Corporation, CCL Industries, Inc. (Checkpoint Systems, Inc.), Impinj, Inc., Alien Technology, LLC, Applied Wireless Identifications Group, Inc., IDtronic GmbH, and Invengo Technology Pte. Ltd.
Strategies deployed in Chipless RFID Market
Dec-2020: Avery Dennison came into partnership with Schreiner MediPharm and PragmatIC Semiconductor. The companies together utilize NFC technology to expand their smart packaging to the unit-level for general pharma, which significantly enhances patient safety and experiences.
Sep-2020: Zebra Technologies Corporation took over Reflexis Systems, a provider of AI-powered workforce management, execution and communication solutions. The acquisition integrated Reflexis’ market-leading platform with Zebra Technologies’ complementary software offerings and offered a distinct opportunity to unite the store associate experience. Following the acquisition, the company also empowered each and every front-line worker to implement the best next action.
Jun-2020: Zebra Technologies Corporation collaborated with South Carolina State University. In this collaboration, the former company aimed to offer enterprise-class insights into the supply chain for the local, small farmer with their partners to the latter company.
Jun-2020: Zebra Technologies Corporation came into collaboration with Maikubo Artificial Intelligence (AI) Academy. Under which, Maikubo implemented RFID solutions of Zebra technologies to attain a faster, more accurate asset tagging and management of its training equipment. The solution saved staff time, enhanced accuracy and visibility as well as the enhanced staff efficiency.
Mar-2020: Avery Dennison Corporation acquired Smartrac’s Transponder business. Under this acquisition, the companies aimed to develop a platform that offers a long-term growth and profitability, with powerful research and development capabilities, extended product portfolio and added manufacturing capacity. The capabilities of Smartrac helped Avery to continue its delivery on this vision on various segments.
Feb-2020: Avery Dennison opened up a new manufacturing facility in Brazil. This new factory helped to fulfill the market growth witnessed by the latest demands for projects in different verticals with the company’s advanced technology to manufacture the Radio Frequency Identification inlays.
Nov-2019: NXP Semiconductors joined hands with Identiv along with TPG Rewards, and Kraft Heinz. Together, the companies makes the Find the KRAFT Golden Singles reward scratch game, powered by Identiv’s near field communication (NFC)-enabled tag and NXP’s NFC NTAG connected solution. The NFC-enabled tags by Identiv are implemented into KRAFT Singles 24-count instant redeemable coupon (IRC) labels that can be accessed only at Walmart. These tags are based on NXP’s state-of-the-art secure authentication NFC NTAG 213 TagTamper connected solution. The solution provides security to NFC Internet of Things (IoT) applications and offers the most efficient method for digitally connected products.
Mar-2019: Avery Dennison partnered with Kit Check, the leader in automated medication management solutions for hospitals. Following this partnership, the companies are working directly with drug manufacturers worldwide for applying RFID tags to medication packaging.
Nov-2018: Avery Dennison entered into partnership with Smag Graphique, a French Manufacturing Company. The partnership helped in easier market access for label converters who look forward to provide RFID conversion options. Following the partnership, Avery Dennison’s customers visited Smag Graphique’s showroom in France, where the machine manufacturer displayed its dedicated RFID embedding machines for roll-to-roll RFID insertion and encoding.
Mar-2018: NXP Semiconductors came into partnership with AliOS, the operating system for Internet of Things (IoT) solutions developed by Alibaba Group. The partnership further boosted the production of smart cars in China. The partnership focused on installing the AliOS system and NXP’s automotive infotainment solution in the vehicles in China by 2020. Together, the companies built a next-generation smart cockpit improved by artificial-intelligence-driven interaction, multi-screen display, and secure Over-the-Air (OTA) updates.
Apr-2017: Avery Dennison signed a partnership with Target Corporation, an American retail corporation. Under this partnership, Target deployed RFID technology to more than 1,600 shops to assist in maximizing inventory availability and provide an improved customer experience.
Scope of the Study
Market Segments covered in the Report:
By Product Type
• Tag
• Reader
By Frequency
• High Frequency
• Low Frequency
• Ultrahigh Frequency
By Application
• Smart Cards
• Smart Ticket & Others
By End User
• Logistics & Transportation
• BFSI
• Retail
• Healthcare
• Others
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• Zebra Technologies Corporation
• NXP Semiconductors N.V.
• Honeywell International, Inc.
• Avery Dennison Corporation
• CCL Industries, Inc. (Checkpoint Systems, Inc.)
• Impinj, Inc.
• Alien Technology, LLC
• Applied Wireless Identifications Group, Inc.
• IDtronic GmbH
• Invengo Technology Pte. Ltd.
Unique Offerings
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p06028124/?utm_source=GNW
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Artificial Intelligence
Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct
ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.
The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity. The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities. To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress. The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”). With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region. Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy
View original content:https://www.prnewswire.co.uk/news-releases/amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct-302150677.html
Artificial Intelligence
GEEKOM A8 AI PC is now available for €799 and up.
TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.
The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
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View original content:https://www.prnewswire.co.uk/news-releases/geekom-a8-ai-pc-is-now-available-for-799-and-up-302148964.html
Artificial Intelligence
AI-exposed sectors experience productivity surge as AI jobs climb and see up to 25% wage premium: PwC 2024 Global AI Jobs Barometer
Sectors more exposed to AI are experiencing almost fivefold (4.8x) greater labour productivity growth (‘AI exposed’ means AI can readily be used for some tasks)Postings for AI jobs are growing 3.5x faster than for all jobs. For every AI job posting in 2012, there are now seven job postingsJobs that require AI skills carry up to a 25% wage premium in some marketsAI-driven spike in productivity could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standardsSkills sought by employers are changing at a 25% higher rate in occupations most exposed to AI. To stay relevant in these occupations, workers will need to demonstrate or acquire new skillsLONDON, May 21, 2024 /PRNewswire/ — Sectors more exposed to AI are experiencing almost five times (4.8x) higher growth in labour productivity, according to PwC’s inaugural 2024 Global AI Jobs Barometer, published today.
The report, which analysed over half a billion job ads from 15 countries, suggests that AI could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standards.
The report finds that for every job posting requiring AI specialist skills (i.e., machine learning) in 2012, there are now seven job postings.[1] PwC research also finds that growth in jobs demanding AI skills has outpaced all jobs since 2016, with postings for jobs requiring AI skills growing 3.5x faster than for all jobs.
The findings also highlight economic opportunity for labour forces: jobs that require AI skills carry up to a 25% average wage premium in some markets.
Skills sought by employers are changing much faster in occupations more exposed to AI, with old skills disappearing – and new skills appearing – in job ads at a 25% higher rate than in occupations less exposed to AI. To stay relevant in these occupations, workers will need to demonstrate or acquire new skills.
As questions abound around the technology’s impact on everything from job security to long-term business viability, the findings highlight positive news, even for workers in sectors most exposed to AI. The findings also reflect a good news story for workers and the global economy in which AI-enabled workers are more productive and more valuable, opening the door to rising prosperity for workers and nations.
Carol Stubbings, Global Markets and Tax & Legal Services (TLS) Leader, PwC UK, says:
“AI is transforming the labour market globally and presents good news for a global economy hindered by deep economic challenges and concerns around long-term business viability. For many economies experiencing labour shortages and low productivity growth, the findings highlight optimism around AI with the technology representing an opportunity for economic development, job-creation, and the creation of new industries entirely. However, the findings show that workers will need to build new skills and organisations will need to invest in their AI strategies and people if they are to turbocharge their development and ensure they are fit for the AI age.”
Near fivefold productivity growth in sectors more exposed to AI
The findings paint a positive picture of the impact of AI on labour markets and productivity. Sectors most exposed to AI – financial services, information technology, and professional services – are experiencing nearly five times higher labour productivity growth than sectors less exposed to AI.[2]
Jobs that require AI skills carry significant wage premiums
Across the five major labour markets for which wage data is available (US, UK, Canada, Australia and Singapore), jobs that require AI specialist skills carry a significant wage premium (up to 25% on average in the US), underlining the value of these skills to companies. Across industries (in the US for example), this can range from 18% for accountants, 33% for financial analysts, 43% for sales and marketing managers, to 49% for lawyers. While the wage premium differs by market, overwhelmingly this is higher in all markets analysed.
AI penetration is accelerating, particularly in knowledge work sectors
The study finds that knowledge work sectors are seeing the most rapid growth in the share of roles requiring AI skills. This includes financial services (2.8x higher share of jobs requiring AI skills vs other sectors), professional services (3x higher), and information & communication (5x higher).[3]
No going back to yesterday’s jobs markets: the skills building imperative
Companies, workers, and policymakers share responsibility for helping workers build the skills to succeed in a fast-changing jobs market. Skills demanded by employers in occupations more exposed to AI are changing at a 25% higher rate than in less exposed occupations. 69% of CEOs expect AI will require new skills from their workforce, rising to 87% of CEOs who have already deployed AI, according to PwC’s 27th Annual Global CEO Survey 2024.
Pete Brown, Global Workforce Leader, PwC UK, adds:
“Businesses and governments around the world will need to ensure they are adequately investing in the skills required for both their people and organisations if they are to thrive in a global economy and labour market being transformed by AI. Equally, there is tremendous opportunity for people, organisations, and economies with expertise in new and emerging technologies such as AI. Ensuring a skills-first approach to recruitment as well as continued investment in workforce upskilling is imperative as no industry or market will remain immune to the impact of AI’s technological and economic transformation.”
Scott Likens, Global AI and Innovation Technology Leader, PwC US, concluded:
“AI provides much more than efficiency gains. AI offers fundamentally new ways of creating value. In our work with clients, we see companies using AI to amplify the value their people can deliver. We don’t have enough software developers, doctors, or scientists to create all the code, healthcare, and scientific breakthroughs the world needs. There is a nearly limitless demand for many things if we can improve our ability to deliver them – and limitless opportunity for organisations and individuals that invest in learning and applying the technology.”
Notes to Editors:
About the PwC 2024 Global AI Jobs Barometer
PwC’s new Global AI Jobs Barometer uses half a billion job ads from 15 countries to examine AI’s impact on jobs, skills, wages, and productivity. Analysing data from the past decade and across a large number of sectors, the report provides insight on AI job penetration, salary premiums, vacancy rates and more. The report will be presented at the VivaTech Summit in Paris by PwC global leaders.
About PwC
© 2024 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see http://www.pwc.com/structure for further details.
[1] Refers to six of the fifteen countries analysed: US, UK, Singapore, Australia, Canada and New Zealand.[2] Due to the availability of OECD data, PwC analysis focused on just these six sectors profiled for the period 2018-2022 (2023 data has not yet been released).[3] Other sectors include: Agriculture, Mining, Power, Water, Retail Trade, Transportation, Accomodation, Real Estate, Administrative, Arts and Entertainment, Household Activities, Construction, Manufacturing, Education and Social Activities and ExtraCurricular Activities.
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