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Data Center RFID Market: Projection of Each Major Segment over the Forecast Period.

12-18-2017 11:03 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Data Center RFID Market: Projection of Each Major Segment over

A data center is a facility of computer systems that houses the data and applications which are critical for the success of business organizations. Data centers are integrated to deliver timely, trusted and secure information within the organization.

Currently, data center managers are continuously facing pressure to enhance the security of data center assets and ensure optimal utilization of resources. Hence, they are integrating various technologies such as Radio-frequency identification (RFID) to keep track of critical assets such as servers, routers and other IT assets.

Automation via RFID reduces inefficiency and human error, reduces costs and complexity while increasing flexibility and control. RFID allows companies to identify and collect a range of metrics for data center assets. Additionally, they help to increase inventory accuracy and operational efficiency.

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Based on the type of assets, RFID tags can be for servers, switches, storage devices (removable drives and backup drives) among others. Based on solutions, RFID for data centers include tags (active or passive tags), readers, antennas and software.

Data Center RFID Market: Key Growth Enablers

Data centers consist of expensive, mission critical assets which need to be tracked. Tracking data center assets helps to organize them and reduce operational costs. Moreover, manual tracking is expensive and consolidating inventory can be tedious and inefficient. Hence, a large number of data centers are increasingly turning to RFID technology to decrease expenses, increase inventory accuracy, and improve operational efficiency.

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Data Center RFID Market: Defining Trends

Globally, an increasing number of enterprises are demanding better management of data center resources. RFID tags and other solutions help to improve the management of data center assets. This is driving the global data center RFID market.

Presently, due to the Internet of Things (IoT), massive amounts of data is being generated which is driving the need for data centers. As the number of data centers is expected to rise during the forecast period there is abundance opportunity for RFID technology to be incorporated within data centers.

Data Center RFID Market: Regional and Competitive Snapshot

Geographically, the data center RFID market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is the biggest market for data centers RFID technologies. Increasing digitization in the Asia Pacific region is driving the growth of data centers in this region and hence it is an emerging region for data center RFID market.

Some of the leading players in the global RFID marketplace include IBM Corporation, Zebra technologies, Hewlett-Packard Development Company L.P., Invengo Information Technology Co. Ltd and Impinj, Inc. among others.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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