Data Center Rack Market by Component (Solution and Services); Rack Type (Open Frame and Cabinets); Rack Height (Below 42U, 42U-52U, and Above 52U); Rack Width (19-inch, 23 inch, and Others); Data Center Size (Small & Mid-sized Data Centers and Large Data Centers), End-user (BFSI, IT &Telecom, Government & Defense, Retail, Manufacturing, Healthcare, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026500 | Pages: 100 | Industry: Technology, Media and Telecommunications | Date: Sep 2022 | Type: Global

The data center rack market crossed US$ 4.89 billion mark in 2022 and is expected to hit US$ 9.56 billion by 2030, recording a CAGR of 8.7% during the forecast period.

 

The data center rack market has been significantly growing with the high adoption of data centers across the IT industry. Increasing server density, rapid deployment in colocation of data center whitespace facilities, higher data center investments, adoption of data center rack architecture, and improved security offered using racks are some of the major factors driving the data center rack market growth. The IT & Telecom segment is expected to pace up with improved air efficiency, better energy saving, and extended hardware lifespan using data center racks. Data center racks have transformed IT facilities by separating the chilly supply air from the heated exhaust air produced by the equipment. Further, other segments such as BFSI, Government, Defense, and others are also expected to gain traction in the data center rack market during the forecasted year.

Within the report, the data center rack market is segmented into components, rack type, rack height, rack width, data center size, end-user, and geography. By component, the data center rack market is further segmented into solutions and services. Based on rack type, the data center rack market is bifurcated into open frames and cabinets. By rack height, the data center rack market is categorized into below 42U, 42U – 52U, and above 52U. Based on rack width, the data center rack market is divided into 19-inch, 23-inches, and others. Based on data center size, the data center rack market is divided into small & mid-sized data centers and large data centers. By end-user, the data center rack market is segmented into BFSI, It & Telecom, Government & Defense, Retail, Manufacturing, Healthcare, and others. Geographically, the data center rack market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Data center rack: The need to maximize airflow management, cram more servers into available data center space, and maximize cabinet space is making adopting data center racks more popular.

Data center racks act as the building block of almost every IT industry. They are available in numerous heights, widths, and depths. A data center rack is a great organizing device for all the gadgets of IT facilities. They ensure adequate ventilation so that temperature changes, whether hot or cold, will not harm the technology’s internal components. The racks also prevent cords, wires, and other external goods from being tangled up or otherwise harmed. Data center racks are a terrific method to preserve and manage modern, pricey technology and data.

 

Improved maintenance and security offered by installing data center racks is one of the major factors accelerating the data center rack market growth.

The industries for data center racks are BFSI, IT & telecom, government and defense, manufacturing, retail, healthcare, and others. Within these industries, the retail industry is one such industry, wherein the use of data center racks is increasing for enhancing customers’ personal and financial information. Owing to a growing inclination towards e-shopping, advanced technologies, such as AI and big data, are being adopted across the industry. The manufacturing industry is also increasing the use of data center racks to reduce their monthly operational expenses by using colocation services to track bandwidth and power usage. Other industries such as It & telecom, government and defense, and others are also encouraging using these data center racks.

 

Recent strategic developments in the data center rack market

The data center rack market has undergone several significant developments, and a few of these have been mentioned below:

  • In June 2021, HPE developed HPE-DC8, its modular data center unit for improved performance, flooring, and server row entrances. This allows easier access to the changes and testing.
  • In December 2021, Dell announced the launch of rack and small tower servers-Dell EMC PowerEdge.

 

 

Several players drive the data center rack market by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Cisco Systems, Dell, Inc., Eaton Corporation, Fujitsu Ltd., and Hewlett Packard Enterprise Development LP are among the prominent players operating in the data center rack market.

Target audience for the report:

  • Raw material providers
  • Data center rack service providers
  • Datacenter rack-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Semiconductor component suppliers
  • Data center rack distributors and sales firms
  • End users of data center racks
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the data center rack market has been segmented on the basis of:

  • Component:
    • Solution
    • Services
  • Rack Type:
    • Open Frame
    • Cabinets
  • Rack Height:
    • Below 42 U
    • 42U – 52U
    • Above 52U
  • Rack Width:
    • 19 Inch
    • 23 Inch
    • Others
  • Data Center Size:
    • Small and Medium-sized Data Centers
    • Large Data Centers
  • End-Users
    • BFSI
    • IT and Telecom
    • Government and Defense
    • Retail
    • Manufacturing
    • Healthcare
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Cisco Systems, Inc.
    • Dell Inc.
    • Eaton Corporation
    • Fujitsu Ltd.
    • Hewlett Packard Enterprise Development LP

Companies profiled
- Cisco Systems, Inc.
- Dell Inc.
- Eaton Corporation
- Fujitsu Ltd.
- Hewlett Packard Enterprise Development LP

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