03.06.24
RAIN Alliance reported that 44.8 billion RAIN RFID tag chips were shipped globally in 2023, representing year-on-year growth of 32%.
“It’s fantastic to see the growth in RAIN RFID chip shipments over the past 12 months, which reflects the proliferation of applications in the retail, automotive, aerospace and healthcare sectors,” said Aileen Ryan, president and CEO of RAIN Alliance. “No matter the industry, companies are united in their goal to reach maximum operational efficiency.”
RAIN RFID technology connects billions of everyday items to the internet, enabling different industries to identify, locate, authenticate, and engage with items – be that a t-shirt, suitcase, tire or medical instrument. Use cases include tracking airplane safety equipment, improving retail inventory visibility and accuracy, optimizing warehouse operations and tracking a tire’s lifecycle.
“Adoption of RAIN RFID technology is set to continue thanks to the wide range of rapidly emerging use cases,” Ryan added. “Organizations are increasingly using tags to improve traceability of goods, for example, because the tags can confirm when a product was manufactured, the materials used, and their anticipated lifespan. This data enables smarter decision-making about recycling, refurbishment and reuse, as well as how to sustainably manage ‘end-of-life’. In this way, RAIN RFID can play a pivotal role in driving circularity in tomorrow’s economies.”
“It’s fantastic to see the growth in RAIN RFID chip shipments over the past 12 months, which reflects the proliferation of applications in the retail, automotive, aerospace and healthcare sectors,” said Aileen Ryan, president and CEO of RAIN Alliance. “No matter the industry, companies are united in their goal to reach maximum operational efficiency.”
RAIN RFID technology connects billions of everyday items to the internet, enabling different industries to identify, locate, authenticate, and engage with items – be that a t-shirt, suitcase, tire or medical instrument. Use cases include tracking airplane safety equipment, improving retail inventory visibility and accuracy, optimizing warehouse operations and tracking a tire’s lifecycle.
“Adoption of RAIN RFID technology is set to continue thanks to the wide range of rapidly emerging use cases,” Ryan added. “Organizations are increasingly using tags to improve traceability of goods, for example, because the tags can confirm when a product was manufactured, the materials used, and their anticipated lifespan. This data enables smarter decision-making about recycling, refurbishment and reuse, as well as how to sustainably manage ‘end-of-life’. In this way, RAIN RFID can play a pivotal role in driving circularity in tomorrow’s economies.”