Chipless RFID Market Rapid Technological Advancements to Reach at CAGR of 27.43% by 2021
RFID devices without silicon chips in the transponder are called chipless RFIDs. This technology, enabled by embedding the devices in the products or goods, helps in tracking inventory, retrieving product information whenever required, and inventory replenishment. As chipless RFID systems do not contain silicon chips, they store information in electromagnetic materials. Chipless RFID systems are more cost efficient than chip embedded RFID systems.
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