Gear & Accessories

Connected Packaging Market Market Landscape

Segments

- Based on technology, the Global Connected Packaging market can be segmented into RFID (Radio Frequency Identification), NFC (Near Field Communication), QR codes, and others. RFID is expected to dominate the market due to its ability to provide real-time tracking and secure data management. NFC is also gaining traction in the market as it enables easy communication between packaging and smartphones. QR codes are popular for their cost-effectiveness and easy implementation.

- On the basis of application, the market can be categorized into food & beverages, pharmaceuticals, personal care, automotive, and others. The food & beverages segment is anticipated to hold a significant share in the market as connected packaging helps in ensuring product authenticity and quality control. The pharmaceutical industry is also adopting connected packaging to track and trace products throughout the supply chain.

Advanced Metering Infrastructure (AMI) is a critical component of modern smart grid systems, enabling two-way communication between utilities and consumers. It integrates smart meters, communication networks, and data management systems to provide real-time insights into energy consumption, enhance billing accuracy, and improve overall grid efficiency.

What Is Advanced Metering Infrastructure (AMI)?

AMI refers to a network of intelligent metering systems that collect, measure, analyze, and transmit detailed data on electricity, water, or gas usage. Unlike traditional meters that require manual readings, AMI systems automatically record and send data at regular intervals to the utility provider via secure communication channels.

This infrastructure forms the backbone of smart grid technologies, supporting demand response, energy conservation, and outage management.

Components of AMI

1. Smart Meters