Data Center Racks Market is expected to register a CAGR close to 12.41% during 2018 – 2023 | Global Key Players - Schneider Electric, HP, Dell, SGI, IBM, Eaton, Emerson, Oracle

Marketprognosis.com Publish a New Market Research Report On “Global Data Center Racks Market - Segmented by Rack Units, By frame design, By Industry Verticals and Region - Growth, Trends and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Data Center Racks Market:

The Global Data Center Racks Market was valued at USD 2.12 Billion in 2017, and it is expected to reach a value of USD 4.27 Billion by 2023 at a CAGR of 12.41%, during the forecast period (2018 - 2023).

The scope of the report is limited to solutions offered by major players including providers of open frame racks, enclosed racks, and customized racks. While the regions considered in the scope of the report include the United States, Europe, Japan and the rest of the world. The study also emphasizes on various attack points on size of data centers and various end-user segments such as banking and finance, IT and aerospace.

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The growing global deployment of data centers is the primary driving factor influencing the consumption of data center racks in the market. Growing demand for technology services and increasing investments from major companies is also influencing the market growth. Data Centers have become a key component in IT infrastructure for many organizations. With a large amount of data being generated on a daily basis, companies rely on data centers for efficient storage and handling of data.

Initially, the focus on rack infrastructure in data centers was minimum with size and cost being the only considerations during deployment. However, the adoption of hi-density applications and importance of power, cooling and data center efficiency increasing; the need for efficient rack enclosures is growing. Data centers are adopting rack systems that can accommodate more servers per unit area, thus increasing the capacity of the data centers.

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The increasing competition and growing demand for online services in the banking and financial sector are driving the market for data centers. Financial Organizations have realized the capabilities of cloud services enabled by data centers, which are able to enhance reachability, without any increased requirement of the labor force, giving an important edge over competitors. In addition, these services reduce the pressure on the existing workforce, increase efficiency and response time. This factor has made the data centers popular in the banking sector, leading to a parallel growth in the DCR market. The security concerns, strict regulation and compliance rules related to a centralized approach, have made the sector, regularly update their systems. For instance, compliance to SOC2 rolled out in 2014, required special attention to risk management of design and implementation control, along with monitoring of controls, thus, creating a demand for improved rack systems for hardware management and therefore, accelerating the market growth.

Major Key Players:

1 Schneider electric

2 HP

3 Dell inc

4 SGI corporation

5 IBM corp

6 Eaton corporation plc

7 Emerson network power (emerson electric company)

8 Oracle and More……………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Data Center Racks Market.

Table of Contents:

1 Introduction

2 Research methodology

3 Executive summary

4 Market dynamics

5 Segmentation

6 Vendor market share

7 Company profiles

8 Investment analysis

9 Future of Data Center Racks Market

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