Frost & Sullivan World Quarterly Retail Systems Outlook includes projections of potential revenue from Tablet PCs: Frost & Sullivan World Quarterly Retail Systems Outlook on POS Systems, Handheld Terminals and Tablet PC Markets – 2Q 2005, reveals that revenue in this industry (POS Systems) totaled $3.20 billion in 2005 can reach $4 billion in 2008.
and “Despite factors such as streamlining the supply chain, improving employee productivity, and customer facing applications that drive Tablet PC adoption, in the in-store space, its uptake is likely to be slow due to cost issues and lack of clarity in item level radio frequency identification (RFID) adoption,” explains Krishnan. “With rapidly increasing technology spending, retailers are seeking vendors who are willing to partner their risks as well as rewards – and equipping themselves to match the retailers’ requirements is a challenge for the vendors.”
Technology vendors in the POS, HHT, and Tablet PC space are focusing on providing multifunctional device architectures capable of forward and backward integration into the retail value chain. By leveraging on newer RFID, smart card, and wireless fidelity (Wi-Fi) technologies, these vendors collaborate with retailers to address complexities in customer demand, profitability and operational challenges. This approach of partnership between retailers and solution vendors will provide the much needed growth driver over the long term.
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