GAO Tek News, Market Report

Data Center RFID: Market Insights & Trends 2024

The global Data Center RFID market is poised for substantial growth, with an anticipated value of US$4.0 million by 2029, driven by a robust CAGR of 3.2% from 2023 to 2029. RFID technology, integral to asset tracking through radio waves, comprises active and passive tags, with significant applications across various sectors like Telecom and IT, Government and Public, Transportation and Logistics, and Retail. Tags are projected to exhibit a notable CAGR during the forecast period, with Asia Pacific emerging as a high-growth region, led by demand from China and the United States.

The report offers comprehensive insights into market dynamics, industry structure, and developments, with a focus on market size, growth rates, and emerging opportunities. Key objectives include providing global market forecasts, analyzing market share and ranking by company, and presenting detailed segmentation.

Segmentation is based on type (tags, readers, antennas, other hardware, software) and application (Telecom and IT, Government and Public, Transportation and Logistics, Retail, Media and Entertainment). Regional analysis covers North America, Europe, Asia Pacific, South America, and Middle East & Africa, providing insights into market size, growth potential, and future development prospects. Core chapters delve into competitive landscape analysis, regional sales and revenue figures, and profiles of key players, offering detailed information on product sales, revenue, and recent developments. Additional chapters cover market dynamics, industrial chain analysis, sales channels, and research findings. Overall, the report caters to various stakeholders in the industry.

Moreover, the report profiles key players such as IBM Corporation, Impinj, Zebra Technologies, Avery Dennison, Hewlett Packard Enterprise, and GAO RFID among others based on company details, product portfolio, and market performance metrics.