Global Data Center RFID Market - Industry Size, Share, Growth, Trends and Forecast 2016 - 2024
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Latest Research Report Data Center RFID Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
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Data
Center RFID Market: Overview
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.
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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. 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. RFID tags when used on racks of data
center equipment can help in retrieving information about racks
within no span of time. Additionally, misplaced equipment can be
easily located without reading individual serial number on tags.
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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. Additionally, these solutions help
increase efficiency and productivity by decreasing the manual
workforce which can be used for other vital tasks in an organization.
Thus, the increased need for better management of resources with
better productivity is collectively 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.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
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The
study is a source of reliable data on:
Key
market segments and sub-segments
Evolving
market trends and dynamics
Changing
supply and demand scenarios
Quantifying
market opportunities through market sizing and market forecasting
Tracking
current trends/opportunities/challenges
Competitive
insights
Opportunity
mapping in terms of technological breakthroughs
The
regional analysis covers:
North
America (U.S. and Canada)
Latin
America (Mexico, Brazil, Peru, Chile, and others)
Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries,
Belgium, Netherlands, Luxembourg)
Eastern
Europe (Poland, Russia)
Asia
Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle
East and Africa (GCC, Southern Africa, North Africa)
TMR
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sub-sector and tiers of companies. The basic components used to
determine market size and forecast for a specific product area are
not only limited to supply-side data, but are also related to demand,
industry trends, and the economic outlook. All the above data points
are utilized to generate a statistical model targeting the sector
marketplace. More than 300 TMR analysts across the world integrate
these elements into a framework to determine the subsector market
size for a base year and then forecast growth within each market.
TMR
regularly interviews technology and business professionals as an
ongoing effort to track the latest developments within each sector.
These continuous surveys are stratified by company size and industry
segment and weighted to reflect the global market place. All data
are collected on an ongoing effort through a structured questionnaire
rolled over the web or conducted via telephones. This provides the
TMR team opportunities to request for detailed question sets, complex
skip patterns, and real-time calculations, which assists respondents
in answering questions involving numbers and percentages.
Respondents, who are interviewed as experts, are screened and
qualified based on certain criteria in addition to their
decision-making authority and the scope of activity within their
organizations.
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