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Data Center RFID Market: Data Center RFID Market is to attain a Valuation Of USD 36 Billion By 2033 from USD 12 Billion in 2022.

04-10-2023 08:43 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Data Center RFID Market: Data Center RFID Market is to attain

According to the report, the global Data Center RFID market is expected to grow from $12 Billion in 2022, which is expected to reach $36 Billion by 2033, growing at the CAGR of 15% from 2023 to 2033. The data centre RFID (Radio Frequency Identification) market is expanding rapidly, driven by rising demand for efficient and secure data storage and management systems. RFID technology uses electromagnetic fields to automatically identify and track tags attached to objects in a data centre, such as servers, networking equipment, and other assets. The market is divided into components, types, data centre types, and geographies. RFID tags, readers, antennas, software, and services are all part of the component segment. Active RFID and passive RFID are two types of RFID. Enterprise data centres, colocation data centres, and wholesale data centres are all types of data centres. North America is the largest data centre RFID market, followed by Asia Pacific and Europe. The growing demand for high-speed internet connectivity, as well as Some of the key factors driving market growth are the rapid adoption of cloud computing and the growing number of data centres in these regions.

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Key Highlights:
• The global Data Center RFID Market size was valued at USD 12 billion in 2022 growing at a CAGR of 15% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.

The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal
The COVID-19 pandemic has had a mixed impact on the Data Center RFID market. On one hand, the demand for data center services has increased due to the shift to remote work and online activities. On the other hand, disruptions in the supply chain and uncertainties in the market have affected the adoption of RFID technology in data centers. However, as the pandemic eases and the market stabilizes, the demand for RFID solutions is expected to rebound in the coming years.

In terms of COVID 19 impact, the Data Center RFID market report also includes the following data points:
• COVID19 Impact on Data Center RFID market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Data Center RFID market

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Key Players
Some of the major Data Center RFID players holding high market share include company Bartech Data Systems Pvt. Ltd., Bartronics India Ltd, Honeywell International Inc. and Assa Abloy These players use new product acquisition and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Bartech Data Systems Pvt. Ltd.
• Bartronics India Ltd
• Honeywell International Inc.
• Assa Abloy
• AVERY DENNISON CORPORATION
• Identiv, Inc.
• Impinj, Inc.
• Infotek Software & Systems Ltd.
• NXP Semiconductors
• GAO RFID Inc.
• Data logics S.P.A.
• Alien Technology LLC
• bar code india ltd.
• Invengo Information Technology Co. Ltd.
• Zebra Technologies Corporation

Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Data Center RFID Market:
o Tags

Commercial
Animal Tracking
Transportation
Agriculture
Security and Access Control
Healthcare
Retail
Logistics and Supply Chain
Others
o Readers
Commercial
Animal Tracking
Transportation
Agriculture
Security and Access Control
Healthcare
Retail
Logistics and Supply Chain
Others
o Software and Services
Commercial
Animal Tracking
Transportation
Agriculture
Security and Access Control
Healthcare
Retail
Logistics and Supply Chain
Others

Market Segment By Frequency with focus on market share, consumption trend, and growth rate of Data Center RFID Market:
o Low Frequency
o High Frequency
o Ultra-High Frequency

Market Segment By End Use with a focus on market share, consumption trend, and growth rate of Data Center RFID Market:
o Commercial
o Animal Tracking
o Transportation
o Agriculture
o Security and Access Control
o Healthcare
o Retail
o Logistics and Supply Chain
o Others

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Global Data Center RFID Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Data Center RFID market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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