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Data Center Rack Market by Component (Solutions, Services) by Rack Type (Open Frame, Cabinets) by Rack Height (42U and Below, 43U up to 52U, Above 52U) by Rack Width (19 Inch, 23 Inch, Others) by Data Center Size (Small and Mid-sized Data Centers, Large Data Centers) by Industry: Growth, Future Prospects, and Competitive Analysis, 2015 - 2027

During the forecast period 2021-2027, the data center rack market is expected to grow at a CAGR of 8.6%. The market is estimated to be worth US$ 4,301.8 million in 2021 and will generate US$ 7,664.06 million by 2027. The data center rack is an integral component of data center infrastructure requirements with specific data center optimization solutions. The data center racks maximize the architecture by combining wire management, an uninterruptible power supply, and air conditioning. The data center rack is available in various sizes and functionalities to meet the needs of businesses and data centers. Data center infrastructure upgrades have resulted in tremendous data center rack market growth. Aging data centers are not meeting power, cooling, structural demand, and technological advancement, so infrastructure upgrades in data centers are driving the data center rack market. It is estimated that data center IP traffic grows at a rate of 1.3 ZB per month annually. Furthermore, the increase in the data center area has helped to boost the demand for racks in the data center rack market. For example, during 2013-2018, the global scope of data centers increased from 1.56 billion square feet to 1.96 billion square feet.

Global Data Centre Rack Market

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Infrastructural Upgrade in Data Centers

The growing demand for power, cooling, and structural demand due to technological advancement is not being met by ageing data centers, so infrastructure upgrades in data centers are driving the data center rack market. Data centers, according to The Green Grid, are dynamic. Infrastructural upgrades in data centers reflect market behaviors, and businesses must anticipate their customers' needs. Storage capacity will be increased as infrastructure is upgraded. According to bicsi.org, data center infrastructure may include servers, computers, cables, cabinets, security such as firewalls or biometric security systems, network equipment such as switches or routers, data center management software and applications, power, cooling fans, air conditioning, and ventilation. Servers in data centers consume a lot of energy, primarily from processors and memory components. Server upgrades are required to achieve significant energy efficiency in organizations. Because rack cabinets include built-in cooling fans and cable management, they are widely used in data center infrastructure upgrades. Continuous data center improvement improves performance by utilizing as much energy, equipment, and floor space as possible. This data management and upgrading necessitate the addition of more rack cabinets to make more room in the room. Many servers can be stacked on top of the other in a single rack cabinet, reducing floor space. As a result, infrastructure upgrades in data centers necessitate more rack cabinets, while the global data center rack market expands at the same time.

North America is expected to have the largest market size during the forecast period.

North America holds the dominant position in 2020 and is expected to maintain this position throughout the forecast period. The North American region comprises countries such as the United States and Canada. In 2020, the United States will dominate the North American data center rack market. The data center rack market in the United States has been rapidly developing and expanding. The current data centers have undergone numerous changes in terms of IT equipment, cooling, and power. The increased numbers of business applications and data growth have paved the way for data center operators to establish rack cabinets that are productive enough to mount applications that can deliver higher efficiency. In addition, the data center rack market comprises premium monitoring solutions that allow for the monitoring and controlling of racks and the equipment housed within them.

Global Data Center Rack Market Key Players:

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. are some of the key players operating in the global data center rack market. Most companies have launched various products in the market in order to increase their business in a competitive market. Products are used in a variety of industries. This will help to increase sales and enter potential markets, generating revenue for the organization. For example:

  • Rittal introduced the AX compact enclosure and XK small enclosure ranges in November 2019. The new AX compact enclosure and XK small enclosure ranges provide a solution for every application.
  • Schneider Electric introduced an integrated rack with chassis-based, immersive liquid cooling in December 2019. Avnet's liquid-cooled server is connected with Schneider Electric's NetShelter liquid-cooled enclosure technology, enabling easy deployment in data centers or edge computing settings.

 Frequently asked questions about global data center rack market

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.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Godaddy
Published Date:  Sep 2021
Category:  Information and Communications Technology
Report ID:   60428
Report Format:   PDF
Pages:   120
Rating:    4.2 (61)
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