The global demand for Data Center Rack Market is presumed to reach the market size of nearly USD 9.41 MN by 2028 from USD 4.92 MN in 2021 with a CAGR of 9.7% under the study period 2022 - 2028.
Data center rack is a physical frame usually made of steel and other alloys. These racks are used to keep electronic servers, cables, networking devices, cooling systems and other data center computing equipment. Data center racks provide adequate airflow and space to the devices, so they do not get damaged by temperature changes and prevent cords, wires and other costly components from becoming tangled. Data center racks are installed in data centers primarily for infrastructure management.
Market Dynamics
The market is mainly driven by the growing trend of big data analytics and the modernization of IT infrastructure. Moreover, the rapid increase of data center colocation facilities worldwide and server density fuel the market growth. The growing adoption of data center solutions that enable easy and efficient management of data center networks is expected to support market growth. Furthermore, the need to store data generated by smart homes, cities, and grids necessitates systems with wider racks and upgraded designs, which drives the growth of data centre racks. In addition, growing investments in data center equipment across the globe offer immense growth opportunities to the market. However, hyper-converged infrastructure that provides rack-scale platforms in the data center is one of the factors that may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of data center rack. The growth and trends of data center rack industry provide a holistic approach to this study.
Market Segmentation
This section of the data center rack market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By Rack Type
By Data Center Size
- Large Data Centers
- Small And Mid-Sized Data Centers
By Industry Verticals
- Healthcare
- Transportation
- Energy & Utilities
- IT & Telecommunication
- Banking, Financial Services And Insurance (BFSI)
- Government & Defense
- Media & Entertainment
- Others
By Rack Height
- 42U And Below
- 43U Up To 52U
- Above 52U
By Rack Width
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Data Center Rack market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Data Center Rack Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data center rack market include Schneider Electric SE, Belden Inc., Cisco Systems, Inc., Chatsworth Products, Dell Inc., Hewlett Packard Development LP, Oracle Corporation, Rittal, Fujitsu Limited, Vertiv Group Corp.This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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