Data Center RFID Market Outlook 2022- Explains COVID-19 Impact, Share and Future Growth, Size & Expert Review

Data Center RFID Highlights

The Data Center RFID Market is expected to register a CAGR of 36.3% during the forecast period of 2019–2024. There are various factors contributing to the growth of the global data center RFID market, such as the increasing requirement for asset management systems to improve the operational efficiency and functionality of the data centers. Additionally, to overcome the losses caused due to downtime of the data center, the RFID usage is increasing as these devices and systems track and locate the malfunctioning systems or assets.

The report provides factual information of Data Center RFID Market Size, market growth rate, CAGR, future growth forecasts, total production, annual sales, profitability, SWOT Analysis & Expert Review

Data Center RFID Market Key Players

MRFR recognizes the key players in the global data center RFID market as -

  • HP Inc.(US)
  • IBM Corporation(US)
  • Avery Dennison Corporation(US)
  • GAO RFID Inc.(Canada)
  • Impinj Inc.(US)
  • RF Code Inc.(US)
  • Omni-ID Ltd.(US)
  • Zebra Technologies Corporation (US)
  • Alien Technology Corporation(US)
  • Invengo Information Technology Co.(China).

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The prominent players keep innovating and investing in research and development to offer a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities emphasize strengthening their reach to the customers.

Data Center RFID Market Key Segments

By data center type, the market has been segmented into enterprise data center, mid-sized data center, and large data center.

By solution, the market has been segmented into readers, tags, antennas, software, and others.

By services, the market has been segmented into professional services, and integration services.

By vertical, the market has been segmented into BFSI, government defense, it telecom, healthcare, retail, and others.

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Data Center RFID Market Regional Analysis

The global data center RFID market is estimated to grow at a significant rate in the future. The geographical analysis of data center RFID market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

North America dominates the global data center RFID market, by region, due to the early adoption of the data center RFID across various industries. This is because North America has a large number of data centers due to the presence of various industries such as BFSI, IT telecom, and healthcare, which generate large volumes of data regularly. Therefore, to store this data, there is a need for a significantly large number of data centers. Therefore, to track the asset and component during the downtime to reduce the losses; RFID is gaining popularity in the region. Additionally, the presence countries such as the US, Canada, and Mexico also contributes to the growth of the market. Asia-Pacific is considered to be the second largest market due to emerging economies such as India, Japan, China, and South Korea in the region. Moreover, high adoption of smartphones, laptops, smart devices, usage of the Internet in the  region is growing rapidly, which also leads to the huge generation of data and increase the demand for data centers in the region, which directly increases the demand for data center RFID in the region.

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Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

Continued...

4. Market Landscape

Continued...

Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
  • It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

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