Market Research Future (MRFR) has published a cooked research report on the “Global Data Center RFID Market” that contains information from 2018 to 2030. The Data Center RFID market is estimated to register a CAGR of 27.50% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Data Center RFID market— Hewlett-Packard, International Business Machines Corporation (IBM), Avery Dennison, GAO RFID Inc., Impinj, Inc., RF Code, Omni-ID, Ltd., Zebra Technologies Corporation, Alien Technology Corporation, Invengo Information Technology Co., Ltd.
Data Center RFID Market Highlights
The global Data Center RFID market is accounted to register a CAGR of 27.50% during the forecast period and is estimated to reach USD 9.2 Billion by 2030.
The data center RFID market refers to the industry segment that encompasses the adoption and implementation of radio frequency identification (RFID) technology within data centers. RFID enables the tracking and monitoring of assets, equipment, and inventory within data center environments, providing real-time visibility and improved management of resources. It enhances operational efficiency, reduces manual labor, and enables better asset utilization and security within data center facilities.
Segment Analysis
The global Data Center RFID market has been segmented based on Solution, Services and Business Vertical
Based on Solution, the market is segmented into Tags, Readers, Antennas, Software, and Other Hardware. In data centres, tags are the most frequently used technology. In order to maintain inventory, tags are frequently implanted in goods or machinery and connected to a network.
Based on Services, the global Data Center RFID market has been segmented into Integration Services and Professional Services. Integration Services segment is expected to grow at a significant rate during the forecasted years.
Based on Business Vertical, the global Data Center RFID market has been segmented into BFSI, Telecom and IT, Retail, Textile, Healthcare, Transportation and Logistics, and Others. The IT and telecom industries are the main ones that employ RFID technology to track assets in Data Centres. Effective administration is required for the widespread use and complexity of telecom equipment.
Regional Analysis
The global Data Center RFID market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Data Center RFID market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Data Center RFID market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Data Center RFID market comprises of Middle East, Africa, and Latin America.
The North America Data Center RFID Market dominated this market in a data centre in North America Due to the need for accurate and effective asset tracking of data centre assets, the RFID market is anticipated to expand throughout the course of the projected period. Data centres with sensitive information are frequently targeted by hackers and malicious software. Data centre assets can be equipped with RFID technology to identify the attackers. A rise in the demand for RFID technology in the retail sector, the enforcement of animal labelling laws, the usage of security and access control applications, and the installation of RFID in manufacturing facilities to promote efficiency are some of the key drivers of regional market expansion. NASA has installed an RFID system at its Langley Research Centre data centre in the US to track the inventory of vital assets such as servers, switches and racks.
Key Findings of the Study
- The global Data Center RFID market is expected to reach USD 9.2 Billion by 2030, at a CAGR of 27.50% during the forecast period.
- The North America Data Center RFID Market dominated this market in a data centre in North America Due to the need for accurate and effective asset tracking of data centre assets.
- Based on Services, Integration Services segment is expected to grow at a significant rate during the forecasted years.
- Hewlett-Packard, International Business Machines Corporation (IBM), Avery Dennison, GAO RFID Inc., Impinj, Inc., RF Code, Omni-ID, Ltd., Zebra Technologies Corporation, Alien Technology Corporation, Invengo Information Technology Co., Ltd.
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Companies Covered | 15 |
Pages | 111 |
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