Data Center RFID Market Surge Towards Solid Growth by 2024

Zion Market Research, the market research group announced the analysis report titled "Data Center RFID Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"

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Sarasota, FL -- (SBWire) -- 08/28/2017 --Global Data Center RFID Market: Overview

A data center is nothing but a facility or a storage that shelters those computers that are essential for the growth of a business. These data centers are equipped to give trusted, timely, and secure data within the firm. But nowadays, increasing threats for data and information have become a matter of concern for the data center managers. Hence, these managers are utilizing various technologies for the protection of their data. Radio-frequency identification (RFID) is one such technology that can be used for keeping track of assets such as routers, servers, and others.

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Automation through RFID decreases human error and inefficiency, decreases complexity and cost while elevating control and flexibility. RFID enables firms to collect and identify a bunch of metrics for assets of the data center. In addition, they assist to elevate the operational efficiency and inventory accuracy.

Global Data Center RFID Market: Growth Factors

The global data center RFID market does one thing that is favorable for each and every organization. It helps in tracking costly data center and decreases the additional operational cost. This is the chief reason as to why the global data center RFID market elevated suddenly. Moreover, a large amount of data centers is opting for RFID technology to reduce the expenses, improve the operational efficiency, and increase inventory accuracy.

When RFID tags are used on data center equipment racks, it can assist in providing data about racks within a few seconds. In addition to this, mislaid elements can be located with no efforts without reading serial number individually.

Global Data Center RFID Market: Segmentation

Based on the type of solutions, the global data center RFID market is segmented as readers, tags, software, antennas, and other hardware. On the basis of the type of service, the global market is diversified as integration services and professional services. On the basis of industry verticals, the global data center RFID market is classified as IT and telecom, BFSI, healthcare, government and defense, manufacturing and energy, research and academic, and retail.

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Global Data Center RFID Market: Regional Analysis

Latin America, North America, the Middle East and Africa, and Asia Pacific give the geographical diversification of the global data center RFID market. Of which, Asia Pacific is said to be dominating the global market. Increasing digitization in the Asia Pacific countries such as India and China is driving the growth of global data center RFID market. The remaining regions of the world will show a steady but consistent growth in the global data center RFID market.

Global Data Center RFID Market: Competitive Players

Noteworthy players in the global data center RFID market include RF Code, IBM, HP, Zebra Technologies, Omni-ID, GAO RFID, Avery Dennison, Alien Technology, Impinj, and Invengo Information Technology.

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Zion Market Research
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