Press release
Data Center Rack Market is projected to reach USD 8.21 Billion by 2030 : Cognitive Market Research
Data Center Rack Market is projected to reach USD 8.21 Billion by 2030 : Cognitive Market Research
- A data center rack is a framework, which is designed to house servers and computing equipment. These are important parts of a data center to keep all well-organized. Data center rack designed to host components including telecommunication equipment, networking equipment, UPS, and cooling systems. In addition, these are designed through specific slots that allow networking, and connecting electrical, and internet cables.
Summary:
● The Data Center Rack Market Size Was Valued at USD 4.21 Billion In 2022 And Is Expected to Grow at A CAGR Of 9.41 % During the Forecast Period, Reaching USD 8.21 Billion By 2030.
● North America has the largest revenue share in the data center rack market.
"To know more about The Data Center Rack Market statistics click here: https://www.cognitivemarketresearch.com/data-center-rack-market-report
Market Dynamics:
• What is the key driving factor for the data center rack market?
Increasing adoption of data center rack technology across enterprises to improve operation & productivity and popularity of server virtualization & remote control. This is the key factor expected to drive the growth of the data center rack market.
• What are the opportunities for the data center rack market?
Increasing demand for scalable and server types and stringent security requirements are anticipated to create growth opportunities for the global data center rack market in the forecast period.
• What is the retraining factor for the data center rack market?
Inappropriate power management, data security, and UPS battery failures are key factors expected to restrict the growth of the data center rack market.
Segmentation Analysis:
Component:
● Solution
● Service
Based on the component, the solution segment has the major revenue share in the data center rack market. This is owing to advances in technologies enabling data center racks to transform industries such as healthcare, manufacturing, and others projected to drive the growth of the solution segment. Furthermore, the services segment has the highest growth in the data center rack market share in the forecast period. Data center rack services improve software implementation and maximize the value of existing installations by optimizing and minimizing the deployment risks & costs expected to fuel the growth of the target market.
Rack Type:
● Open Frame Rack
● Cabinets/ Enclosed Racks
Based on rack type, the cabinets/enclosed racks segment has the largest revenue share in the data center rack market. This is due to the increasing prominence of data center racks and cabinets as essential components of the IT infrastructure drives the growth of the cabinets/enclosed racks segment.
Data Center Size:
● Large Data Centers
● Small and Mid-sized Data Centers
Based on the data center size, the small and mid-sized data centers segment has the major revenue share in the data center rack market. This owing to small and mid-sized data centers is the use of their existing data center space expected to drive the growth of this segment.
Rack Height:
● 43U up to 52U
● 42U and Below
● Above 52U
Based on rack height, the 42U and below has the leading segment in the data center rack market. This is attributed to 42U and below is compatible with a wide variety of rack-mountable networking equipment and servers projected to drive the growth of this segment. Furthermore, the 43U up to 52U segment has expected the highest growth in the data center rack market in the forecast period, owing to the increasing space of organization, and rack sizes to accommodate a greater number of racks.
Industry Vertical:
● BFSI
● Healthcare
● Manufacturing
● Retail
● IT and Telecom
● Media and Entertainment
● Others
Based on industry verticals, the retail segment has the largest market share in the data center rack market. This is due to the retail sector using large data center facilities. In addition, the increasing number of data centers and demand for efficient data centers are anticipated to drive the growth of this segment.
The Major Players in Data Center Rack Market are:
Emerson Electric, Eaton, Schneider Electric, HPE, Dell, IBM, Oracle Corp, Rittal Corp, Cisco, Chatsworth Products, Tripp Lite, Black Box Corporation, Belden, Fujitsu, Dataracks, AMCO Enclosures
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Regional Analysis:
- North America accounted for the largest share of the data center rack market
North America has the largest revenue share in the data center rack market. This is attributed to increasing investment in advanced technologies including data center racks to improve business and customer experience are expected to drive the growth of the target market in the region.
News:
- Oracle has introduced next-generation Exadata X9M platforms
In September 2021, Oracle company has announced the availability of the Oracle Exadata X9M platform, which is the latest version of the industry's fastest and most affordable system for running the Oracle database. These offerings such as Oracle Exadata database machine X9M and Exadata cloud customer X9M the platform, which runs Oracle's autonomous database for customer data centers.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Data Center Rack Market
• 3.1 Global Data Center Rack Market Size 2018 - 2030, (USD Million)
• 3.2 Global Data Center Rack Value, Absolute & Opportunity Analysis
• 3.3 Global Data Center Rack Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Data Center Rack Market Statistics 2022: Snapshot
Chapter 4 Global Data Center Rack Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Data Center Rack Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Data Center Rack Industry Mergers and Acquisition Analysis
• 5.3 Global Data Center Rack New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Data Center Rack Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Data Center Rack Market by Rack Type Segmentation Analysis (2018-2030)
Chapter 10 Global Data Center Rack Market by Industry Vertical Segmentation Analysis (2018-2030)
Chapter 11 Global Data Center Rack Market by Component Segmentation Analysis (2018-2030)
Chapter 12 Global Data Center Rack Market by Data Center Size Segmentation Analysis (2018-2030)
Chapter 13 Global Data Center Rack Market by Rack Height Segmentation Analysis (2018-2030)
Chapter 14 Global Data Center Rack Market Regional Analysis
Chapter 15 North America Data Center Rack Market Outlook (2018 - 2030)
Chapter 16 Europe Data Center Rack Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Data Center Rack Market Outlook (2018 - 2030)
Chapter 18 Latin America Data Center Rack Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Data Center Rack Market Outlook (2018 - 2030)
Chapter 20 Research Findings
Customized/Exclusive Report Access on Request
To know more about Data Center Rack Market TOC click here: https://www.cognitivemarketresearch.com/data-center-rack-market-report#table_of_contents
Related Report:
• Modular Data Center Market - https://www.cognitivemarketresearch.com/modular-data-center-market-report
• Data Center Cooling Market - https://www.cognitivemarketresearch.com/data-center-cooling-market-report
• Data Center Security Market - https://www.cognitivemarketresearch.com/data-center-security-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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