14.5% Growth Rate for Data Center Rack Server Market by 2024 | Latest Innovation, Advance Technology, Top Companies

Data Center Rack Server Market 2019-2024 report tells the market value in next few years and report shows the whole scenario of Data Center Rack Server industry.

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The Global Data Center Rack Server Market size is expected to grow from US$ 52.1 Billion in 2019 to US$ 102.5 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period.This report spread across 134 Pages, Profiling 22 Companies and Supported with 85 Tables and 34 figures is now available in this research.

Top Companies profiled in the Data Center Rack Server Market:
o Hewlett Packard Enterprise(US)
o Lenovo(China)
o Dell (US)
o Cisco Systems(US)
o Huawei(China)
o Oracle (US)
o Fujitsu(Japan)
o NEC (Japan)
o Rittal (Germany)
o Vertiv(US)
o Schneider Electric (France)
o Asus (China)
o Inspur Systems (China)
o Iron Systems (US)
o Black Box Corporation (US)
o Quanta Computer (China)

"BFSI vertical segment to account for the highest market share during the forecast period"
Banking and finance institutions are evolving with the implementation of emerging digital technologies in an attempt to find innovative ways to better serve their customers. They are redesigning their processes to help create an improved and personalized user experience by placing storage and processing near the perimeter with edge computing.

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"Mid-sized data centers segment to record the fastest growth rate during the forecast period"
The adoption of data center rack servers among mid-sized data centers is estimated to grow at the highest CAGR during the forecast period. Rack servers used in mid-sized data centers provide a facility for storing and computing information at a lower cost, which helps organizations in their personal or private usage. Organizations are rapidly adopting these solutions as they provide increased scalability, and provide for easy migration from traditional technologies.

"North America to account for the highest market share during the forecast period"
North America is estimated to dominate the global data center rack server market due to the presence of a large number of data centers in the region and the rise in popularity of technology..Furthermore, more advanced technology ecosystem and greater user expertise have fueled the growth of North American data center rack server market.

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Competitive Landscape of Data Center Rack Server Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Dynamic Differentiators
1.3 Innovators
1.4 Emerging Companies

Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall data center rack server market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies.

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