Frequently Asked Questions:
The market is expected to be valued $4,301.8 million in 2021 and $7,075.7 million by 2027.
The market’s major opportunities are customized racks and seismic cabinets for sensitive environments are becoming more popular.
Data centre infrastructure upgrades, data centre investments, high density server requirements, and rising demand for high power efficiency are all factors driving the market.
North America holds the market’s dominant position in 2020 and is expected to maintain this position throughout the forecast period.
The major players in the global data center rack market are Oracle Corporation, Fujitsu Ltd, Cisco, Hewlett-Packard Company, Huawei Technologies, Eaton Corporation Plc, Emerson, Rittal Gmbh & Co. Kg, Lenovo, Schneider Electric, Tripp Lite, Black Box Corporation, NEC Corporation, Quanta Computer Inc, Dell, Inc. The majority of companies have made new product releases a key priority in order to increase their market share.