Written by Sharath Muddaiah
Smart label adoption is soaring, generating vast data that firms must analyse with AI and BI tools to boost operations and enable ecosystem-wide sharing.
As international trade grows more complex, smart labels are revolutionising the import process by providing real-time tracking and data sharing capabilities.
Smart labels, compatible with existing systems and requiring no extra infrastructure, are set to transform industries like retail and logistics, driving rapid market growth.
The adoption of IoT and smart labels is set to revolutionise efficiency in enterprises, with global active IoT devices projected to reach 39.9 billion by 2033.