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Environmental monitoring is vital for data centers as it ensures the optimal conditions required for equipment operations, preventing overheating and potential hardware failures. This enhances data center reliability and reduces downtime, leading to significant cost savings. For instance, in August 2023, Vertiv launched the Vertiv Geist Watchdog 15, an environmental sensor solution, in India to improve data center monitoring & management. This independent environmental monitoring system enhances the efficiency of an IT infrastructure via remote monitoring and instant tracking of the environmental conditions in server rooms, data centers & network closet environments.
The RFID readers segment is expected to grow at a CAGR of around 18% during 2023-2032, backed by the enhanced security as these readers grant authorized personnel access to specific areas based on the credentials stored in RFID tags or cards.
Market size for data center RFID was valued at USD 1.1 billion in 2022 and is projected to grow at a CAGR of over 18.5% between 2023 and 2032, owing to the demand for real-time asset management with enhanced operational efficiency & security.
North America data center RFID industry accounted for over 40% revenue share in 2022 and will continue to showcase impressive growth through 2032, backed by the proliferation of cloud services, rising digital transformation initiatives, and the rapid growth of edge computing.
Impinj, RFTrail, Synertech, Zebra Technologies, Alien Technology, ThingMagic, CAEN RFID, Convergence Systems Limited (CSL), and GAO RFID Inc.