| Submit Press Release
| Submit Website
(Hosting-NewsWire.com, July 12, 2018 ) The global data center RFID market has been broadly classified based on types of solutions that include tags, readers, antennas, software, and other hardware; and services such as integration services and professional services. The solutions market is estimated to have the larger share of the global market in 2015. However, the services market is expected to grow at the highest Compound Annual Growth Rate (CAGR) in the forecast year of 2015 to 2020, owing to factors such as high technological advancements and requirements of various kinds of post and pre sales services.
Submit press release on hosting
Download PDF brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=14220884
The data center RFID market to grow from $391.4 Million in 2015 to $1,890.5 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 37.0% during the forecast period 2015–2020. The North American market currently holds the largest market share of 34.88%, while Asia-Pacific is estimated to hold the largest market share of 28.62% by 2020, growing at the highest CAGR of 41.0% during the forecast period, among all other regions.
The data center RFID market is further segmented on the basis of data center types into mid-size data centers, enterprises, and large-sized data centers; various industry verticals that include telecom and IT, BFSI, government and public, transportation and logistics, retail, media and entertainment and others. Currently, the market is experiencing the emergence of various new solutions and services providers that compete with other established solutions and services providers.
A number of factors, including the increasing number of data centers and requirements for improved inventory and assets management, are driving the growth of the global data center RFID market. The growth drivers of the market includes reduction of costs and long widen tasks by eliminating manual checks of servers and other data center assets, increased efficiency and productivity, and decreased human efforts. The major players in this market include IBM (US), RF Code (US), Zebra Technologies (US), HP (US), GAO RFID (Canada), Omni-ID (US), Alien Technology (US), Avery Dennison (US), Invengo Information Technology (China), and Impinj (US).
New product launches, partnerships, collaborations, agreements, and acquisitions are the key strategies adopted by the major players to enhance their position in the global data center RFID market. Moreover, new entrants are adopting these strategies by forming partner network channels with the leading organizations to enhance their offerings. This approach of collaborating with big vendors and having strategic partnerships allows them to become more competitive.
To Know More About Data Center RFID Market - https://www.marketsandmarkets.com/Market-Reports/data-center-rfid-market-14220884.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
| Submit your hosting website