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World Data Center RFID Market - Opportunities and Forecast, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773669
Data center RFID solutions use RFID technology for monitoring and management of the highly expensive and critical assets including routers, tape media, servers and other IT assets in a data center. Data center RFID solutions provide asset management, environmental monitoring, and integration services. The active RFID transmits information from asset tags to a management system, providing functional data. Besides tracking and monitoring of assets, the technology enables end-users to read multiple tags simultaneously, thus improving efficiency of operations. There are many drivers, restraints and opportunities shaping the future of the market. The key factor driving the market is the increased requirement for efficient management of data center resources. Additionally, the growing adoption of data center automation also supplements the growth of this market. However, lack of awareness about the benefits offered by the data center RFID and high deployment cost act as key restraining factors, limiting the market growth. The number of data centers in the next few years are anticipated to grow, thus offering numerous opportunities for the growth of the market.

The market is segmented based on types, solutions, services, business verticals, and geography. The types of data centers include mid-sized data center, enterprise data centers, and large data centers. The solutions covered in the study consists of tags, software, readers, antennas, and others. The services discussed in the market research report include integration services, and professional services. Business verticals such as BFSI, healthcare, information technology and telecom, retail, and others depend greatly on this technology. Geographically, the market is segmented across North America, Europe, AsiaPacific and LAMEA.

World data center RFID companies are seen expanding their business by adding new products to their existing portfolio. Proven business strategies such as acquisitions, and collaborations are helping many companies put forth their brand value successfully. Enterprises are investing generously in research and development to maintain a competitive edge in the market. The list of most prominent market players includes IBM, Zebra Technologies, HP, Alien Technology, GAO RFID, Impinj and others.

KEY BENEFITS FOR STAKEHOLDERS

The market research study offers an in-depth analysis of the present and new trends with a special focus on the business environment worldwide
A comprehensive assessment of the major drivers, restraints and opportunities influencing market growth are thoroughly studied
Market status and business performance in regions such as North America, Europe, AsiaPacific, and LAMEA are also discussed in the market research report
This research entails a comprehensive, qualitative evaluation of effective marketing and branding initiatives backed by major brands
Comprehensive assessment of the strengths, weaknesses, opportunities and threats faced by major vendors are also covered by the report

DATA CENTER RFID MARKET KEY SEGMENTS

Data Center RFID Market By Data Center type

Enterprise data center
Mid-sized data center
Large data center

Data Center RFID Market By Solution

Readers
Tags
Antennas
Software
Others

Data Center RFID Market By Service

Professional
Integration

Data Center RFID Market By Business Vertical

BFSI
Information technology and telecom
Retail
Healthcare
Others

Others Data Center RFID Market By Geography

North America
Europe
Asia-Pacific
LAMEA

Key Players

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

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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