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The Retail RFID market is a subset of the larger RFID industry, which uses radio frequency identification technology to track and manage inventory. RFID tags are attached to products and scanned by readers to provide real-time data on the location and status of items. This technology is used in retail stores to improve inventory accuracy, reduce out-of-stock situations, and improve customer service. Retail RFID also helps retailers reduce labor costs associated with manual inventory management.
In the Retail RFID market, companies provide RFID tags, readers, and software solutions to retailers. These solutions are used to track items throughout the supply chain, from the manufacturer to the store shelf. Companies in the Retail RFID market include Impinj, Checkpoint Systems, Smartrac, and Avery Dennison. Show Less Read more