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Data Center RFID Market Analysis, Trends, and Forecasts, 2025 - Global Market is Projected to Grow by $7.4 Billion - ResearchAndMarkets.com

December 19, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 19, 2019--

The “Data Center RFID - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Data Center RFID market worldwide is projected to grow by US$7.4 Billion, driven by a compounded growth of 36.1%

Tags, one of the segments analyzed and sized in this study, displays the potential to grow at over 35.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.6 Billion by the year 2025, Tags will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 40.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$220.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$343.2 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Tags will reach a market size of US$261.2 Million by the close of the analysis period.

As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 34.6% over the next couple of years and add approximately US$1.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

For more information about this report visit https://www.researchandmarkets.com/r/rrc25p

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SOURCE: Research and Markets

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PUB: 12/19/2019 06:33 AM/DISC: 12/19/2019 06:33 AM

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