The need to reduce and eliminate clerical errors is a major reason motivating the development of the data center RFID market. Reports that judge the information and communication technology industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. The market is expected to attain a revenue level worth USD 5.53 billion whilst registering a CAGR of 36.3 % by 2024.
The increasing volume of information and data from the Internet, mobile devices, and IoT devices augments the prerequisite of data centers and storage systems. The upsurge in demand for data centers around the world is anticipated to heighten the expansion of the data center RFID market in the upcoming years.
Segmental Analysis
The segment-based evaluation of the data center RFID market is carried out on the basis of data center type, solutions, services, vertical, and region. On the basis of data center types, the data center RFID market has been segmented into mid-sized data centers, enterprise data centers, and large data centers. Based on the solutions, the data center RFID market has been segmented into antennas, tags, readers, software, and others. On the basis of services, the data center RFID market has been segmented into integration services and professional services. Based on the verticals, the data center RFID market has been segmented into government & defense, BFSI, IT & telecom, retail, healthcare, and others. Based on the region, the data center RFID market has been segmented into North America, Europe, APAC, and the other countries in the world.
According to Market Research Future, the global data center RFID market has been segmented on the basis of data center type, solutions, services, vertical, and region.
Data center RFID is an essential part of data centers as these are used for tracking errors during the operations of a system. The data center RFID solutions provide environmental monitoring, asset management, and integration services that enable operators to keep a track on the assets. Additionally, RFID in data centers saves a significant amount of time and cost during the downtime as RFID tracks and locate the affected system and assets which performance and functionality are degrading. Moreover, according to Omni-ID Ltd, the number of hours spent on tracking 1,000 IT assets manually takes around five hours, whereas with the help of RFID it takes 0.4 hours. For tracking 5,000 assets manually, the time taken is 25 hours, whereas with RFID, it takes 2.2 hours, which is a useful and profitable system.
The global data center RFID market has been segmented based on data center type, solutions, services, and vertical.
By data center type, the market has been segmented into enterprise data center, mid-sized data center, and large data center. Among these, the enterprise data center holds the largest market share as big organization generates a large amount of data and requires more components such as servers, routers, and others. Moreover, the large organizations prefer investing in private data centers for storage to ensure privacy as they have high paying capacity.
Based on the solution, the global data center RFID market has been segmented as readers, tags, antennas, software, and others. The readers and tags segments hold a large market share compared to others. RFID tags are small tracking systems which use smart barcodes in order to detect items using radio frequency. An RFID reader is a device used to gather data from an RFID tag, which is used for tracking assets in a data center.
Based on verticals, the global data center RFID market has been further segmented as BFSI, government & defense, IT & telecom, healthcare, retail, and others. The BFSI segment holds the largest market share due to the generation of data on a regular basis in the industry; therefore, the demand for data centers is increasing owing to the need to store large volumes of data, which is directly driving the growth of the data center RFID market .
Key Players
The eminent players in the data center RFID market as Alien Technology Corporation (US), HP Inc. (US), IBM Corporation (US), GAO RFID Inc. (Canada), Impinj, Inc.(US), RF Code Inc. (US), Omni-ID, Ltd.(US), Avery Dennison Corporation (US), Zebra Technologies Corporation (US), and Invengo Information Technology Co. (China), Ltd, among others.
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Data Center Rfid Market Share The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Data Center Rfid Market Share.
The growth sectors of the Data Center Rfid Market Share are identified with precision for a better growth perspective.The growing demand for data centers has led to the rapid adoption of data center RFID.
Increasing data generated in Internet, mobile devices, and IoT devices, among others are expected to drive the demand for the product in the years to come.
The report published by Market Research Future (MRFR) has highlighted that the global data center RFID market is poised to strike an exponential CAGR of 36.3% during the assessment period of 2019 to 2024.FREE PDF@ https://www.marketresearchfuture.com/sample_request/8125Market Segmentation:The different types of data center profiled in this report on data center RFID market are mid-sized data center, enterprise data center, and large data center.The segments of the data center RFID market, on the basis of solutions, are readers, antennas, tags, software, and others.The global data center RFID market, on the basis of services, has been bifurcated into integration services and professional services.The different types of verticals identified in the segmental assessment of the data center RFID market are BFSI, IT & telecom, government & defense, retail, healthcare, and others.Regional Analysis:The regional evaluation of the global data center RFID market is offered in this MRFR report on both regional and a country-level basis.
The major regional segments of the market are Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW).
North America is a prime region of the data center RFID market and held the maximum market share in 2018.
Data Center RFID market is segmented by company, region (country), by Type, and by Application.
Players, stakeholders, and other participants in the global Data Center RFID market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-data-center-rfid-2020-2026-200Market segment by Type, the product can be split into:TagsReadersAntennasOther HardwareSoftwareMarket segment by Application, split into:Telecom and ITGovernment and PublicTransportation and LogisticsRetailMedia and EntertainmentBased on regional and country-level analysis, the Data Center RFID market has been segmented as follows:North AmericaUnited StatesCanadaEuropeGermanyFranceU.K.ItalyRussiaNordicAsia-PacificChinaJapanSouth KoreaSoutheast AsiaIndiaAustraliaLatin AmericaMexicoBrazilMiddle East & AfricaTurkeySaudi ArabiaUAEIn the competitive analysis section of the report, leading as well as prominent players of the global Data Center RFID market are broadly studied on the basis of key factors.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.The key players covered in this study:RF CodeZebra Technologies CorporationHewlett-PackardGAO RFIDOmni-IDGet the Complete Report & TOC @ https://www.grandresearchstore.com/ict-and-media/global-data-center-rfid-2020-2026-200Table of content1 Report Overview1.1 Study Scope1.2 Key Market Segments1.3 Market Analysis by Type1.3.1 Global Data Center RFID Market Size Growth Rate by Type: 2020 VS 20261.3.2 Tags1.3.3 Readers1.3.4 Antennas1.3.5 Other Hardware1.3.6 Software1.4 Market by Application1.4.1 Global Data Center RFID Market Share by Application: 2020 VS 20261.4.2 Telecom and IT1.4.3 Government and Public1.4.4 Transportation and Logistics1.4.5 Retail1.4.6 Media and Entertainment1.5 Study Objectives1.6 Years Considered2 Global Growth Trends2.1 Global Data Center RFID Market Perspective (2015-2026)2.2 Data Center RFID Growth Trends by Regions2.2.1 Data Center RFID Market Size by Regions: 2015 VS 2020 VS 20262.2.2 Data Center RFID Historic Market Share by Regions (2015-2020)2.2.3 Data Center RFID Forecasted Market Size by Regions (2021-2026)2.3 Data Center RFID Industry Dynamic2.3.1 Data Center RFID Market Trends2.3.2 Data Center RFID Market Drivers2.3.3 Data Center RFID Market Challenges2.3.4 Data Center RFID Market Restraints3 Competition Landscape by Key Players3.1 Global Top Data Center RFID Players by Market Size3.1.1 Global Top Data Center RFID Players by Revenue (2015-2020)3.1.2 Global Data Center RFID Revenue Market Share by Players (2015-202If You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-data-center-rfid-2020-2026-200CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
Market Research Future published a research report on “Data Center RFID Market Research Report - Global Forecast till 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.Market HighlightsThe global Data Center RFID Market is expected to register a CAGR of 36.3% during the forecast period of 2019–2024.
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.Key PlayersMRFR 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), and Invengo Information Technology Co. (China), Ltd, among others.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/8125Key SegmentsBy 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.Regional AnalysisThe 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.
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.Get Complete Report @ https://www.marketresearchfuture.com/reports/data-center-rfid-market-8125Table Of ContentsExecutive SummaryScope Of The Report2.1.
The market is expected to attain a revenue level worth USD 5.53 billion whilst registering a CAGR of 36.3 % by 2024.The increasing volume of information and data from the Internet, mobile devices, and IoT devices augments the prerequisite of data centers and storage systems.
The upsurge in demand for data centers around the world is anticipated to heighten the expansion of the data center RFID market in the upcoming years.Segmental AnalysisThe segment-based evaluation of the data center RFID market is carried out on the basis of data center type, solutions, services, vertical, and region.
On the basis of data center types, the data center RFID market has been segmented into mid-sized data centers, enterprise data centers, and large data centers.
Based on the solutions, the data center RFID market has been segmented into antennas, tags, readers, software, and others.
Based on the verticals, the data center RFID market has been segmented into government & defense, BFSI, IT & telecom, retail, healthcare, and others.
Furthermore, the growing volumes of data produced from numerous industries, social networking platforms, and enterprises, among others in the region, is a key factor for compelling the data center market, which ultimately pushes the global data center RFID market.
