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UHF RFID (RAIN) Market to reach US$ 5,588.33 Million by 2027 to grow at a CAGR of 13.8% iCrowd Newswire 06 May 2021, 10:08 GMT+10 Radio frequency identification (RFID) systems that operate in the UHF frequency spectrum are termed UHF RFID systems. The term RAIN originates from RAdio frequency Identification, which acts as a nod to the link between UHF RFID and the cloud. Several hardware components such as tags and readers are integrated within this technology. Growing complexities in supply chains-due to outsourcing, internationalization, and e-retailing-are leading to mitigation of control over various activities, which has led to vulnerabilities in these supply chains. Counterfeiting is a widespread issue that impacts various businesses. At present, the issue is limited to luxury products and goods such as beauty products and apparel. For instance, in March 2020, in Malaysia, ~600 cases of online sales of counterfeit surgical masks were reported.

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