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RNCOS Research - RFID Tags: The Eyes Are Not Here
RNCOS Research (http://www.marketsmonitor.com/category/COM32.html) The RFID technology which involves miniscule microchip tags would enable to track down individuals in future by the objects they would possess RNCOS' report "RFID Industry Analysis 2006" says that this technology will expand.
/Franchise PR News/ - NEW DELHI, INDIA, March 31, 2006 - RNCOS Research (http://www.marketsmonitor.com/category/COM32.html) The evolution of RFID technology in future could well track down individuals by what they would wear, eat or carry objects because things would be so designed and tagged. RFID stands for radio frequency identification. RFID tags are miniscule microchips, which listen for a radio query and respond by transmitting their unique ID code. The RFID tags function by the use of power from the initial radio signal and cannot work by batteries.
It can be well imagined where everything that one buys is more expensive than a Snickers will carry RFID tags, which would include a 64-bit unique identifier having about 18,000 trillion possible values. So RFID would track through personal possessions. For instance an individual's sweater's RFID tag would link with his credit card that was used to buy it and recognize the person by name when he returns the item. Grocery stores would display ads on wall-sized screens based on buyers' spending patterns.
More examples can be imagined as in a future divorce case, which could involve one party taking help of RFID logs - to prove that a spouse was in a certain location at a certain time. Future burglars could look for RFID tags on thrown away packages, which could indicate that an expensive electronic gear was nearby.
A recent market research report named "RFID Industry Analysis 2006" published by RNCOS predicts that by 2009, the total RFID tag market will be $2.8 billion. And by 2008 more than 6.8 billion tags will be sold worldwide for tagging medicine, baggage, animals, books and tickets.
The report gives an in-depth review of the use of RFID technology in manufacturing sector, their alliances, development of new products and current growth prospects. It says that in 2006 itself more manufacturing companies will expand their initial attempts of RFID technology with a massive growth reaching US $3 billion, largely in United States and Europe.
The report "RFID Industry Analysis (2006)" by RNCOS states that the RFID tag market will continue to penetrate into newer markets through innovations in animal tracking and sports timing applications. The technology would be made easier to deploy by means of more flexible forms.
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