Data Center Rack Market Growth, Demand, Trends, Size, Opportunities and Future Share 2032
Data Center Rack Market Size- By Component, By Services, By Rack Type, By Rack Height, By Rack Width, By Data Center Size, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: IACT2327 | Pages: 1 - 243 | Formats*: |
| Category : Information & Communications Technology | |||
Global Data Center Rack Market Overview
According to SPER Market Research, the Global Data Center Rack Market is estimated to reach USD 10.36 billion by 2032 with a CAGR of 8.94%.
Designed to hold servers and other data center computing hardware, a data center rack is a structure. To keep everything neatly arranged, data center racks are a crucial component. The design of a data center rack makes it simple to install networking equipment, cables, and data center equipment. Racks are primarily made to hold devices including networking hardware, telecommunications hardware, cooling systems, and UPS. Additionally, there are several form factors for data center racks, such as rack-mounted or blade servers. Most racks are made with certain slots that make it simple to attach internet, networking, and electrical cables. For proper cooling of the data center, it is also crucial. Racks with adequate ventilation allow the components to be cooled by air movement.
Additionally, racks can shield priceless equipment from impacts and natural disasters like earthquakes. As a result of these advantages, a lot of firms in the IT, retail, and other sectors are using data center rack. During the anticipated period, this element generates profitable market expansion prospects. The market is expanding primarily due to the increased popularity of big data analytics and the modernisation of IT infrastructure. The administration of intricate and disorganized organizational data that is handled across numerous data centers is aided by big data analytics.
As a result, the need for data centers is expanding, which increases the need for the racks needed to store various pieces of networking and IT equipment. Additionally, the requirement to store the data produced by smart homes, towns, and grids, which necessitate systems with broader racks and improved designs, is enhancing the use of data center racks. The development of affordable rack solutions with corrosion resistance, thermal management, system expandability, and compatibility with other technologies is another reason boosting the adoption rates of these racks.
Impact of COVID-19 on the Global Data Center Rack Market
The COVID-19 epidemic is helping the data center rack industry grow because data center rack technologies are assisting businesses in meeting the high-capacity need for data storage. As the need for data storage rises, there is an increasing need to make sure the data center rack service provider has the capacity and ability to supply data center rack solutions with excellent performance. Because of this, service providers like local data center operators and providers are investing a lot in data center rack for a variety of use cases. Additionally, the COVID-19 pandemic presents an opportunity for the data center rack market forecast since businesses all over the world are implementing data center rack to support work-from-home initiatives and enable their business goals. For instance, in the Middle East, the simultaneous effects of COVID-19 and the significant drop in oil prices have had numerous economic ramifications throughout the Gulf region. They have dramatically lowered demand for data center rack service in the area by causing the petroleum industry, which is already struggling with the global slump, to experience a demand shock. The COVID-19 virus has spread quickly, significantly increasing data traffic. Additionally, a rise in storage capacity needs has been noted as a result of the epidemic brought on by the growth of emerging technologies like artificial intelligence (AI), big data, and the Internet of Things (IoT). This will continue to fuel investments in data center racks all over the world. Despite the fact that COVID-19 has had a significant impact on many industries, the data center rack market is anticipated to experience only a moderate COVID-19 effect because of the significant shift toward digital transformation, rise in data analytics investments, rise in adoption of AI and ML, introduction of autonomous vehicles and drones, and rise in demand for tracking real-time information. During the anticipated period, these trends are anticipated to strengthen market trends for data center racks.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Component, By Services, By Rack Type, By Rack Height, By Rack Width, By Data Center Size, By End User |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Black Box, Dell Technologies Inc., Eaton Corporation, Fujitsu, Great Lakes Data Racks & Cabinets, Hewlett Packard Enterprise Developments LP, Oracle Corporation, Rittal GmbH & Co. KG, Samsung Electronics Co., Ltd, Schneider Electric |
Global Data Center Rack Market Segmentation:
1. By Component:
- Services
- Solution
2. By Services:
- Design and Consulting
- Installation
- Maintenance and Supports
3. By Rack Type:
- Cabinets
- Open Frame
4. By Rack Height:
- 42U and below
- 43U – 52U
- Above 52U
5. By Rack Width:
- 19 Inch
- 23 Inch
- Others
6. By Data Center Size:
- Large Data Centers
- Small and Mid-sized Data Centers
7. By End User:
- BFSI
- Energy and Utilities
- Government and Defense
- Healthcare
- IT and Telecom
- Manufacturing
8. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Data Center Rack Market Size (FY’2019-FY’2032)
- Overview of Global Data Center Rack Market
- Segmentation of Global Data Center Rack Market By Component (Services, Solution)
- Segmentation of Global Data Center Rack Market By Services (Design and Consulting, Installation, Maintenance and Supports)
- Segmentation of Global Data Center Rack Market By Rack Type (Cabinets, Open Frame)
- Segmentation of Global Data Center Rack Market By Rack Height (42U and below, 43U – 52U, Above 52U)
- Segmentation of Global Data Center Rack Market By Rack Width (19 Inch, 23 Inch, Others)
- Segmentation of Global Data Center Rack Market By Data Center Size (Large Data Centers, Small and Mid-sized Data Centers)
- Segmentation of Global Data Center Rack Market By End User (BFSI, Energy and Utilities, Government and Defense, Healthcare, IT and Telecom, Manufacturing, Media and Entertainment, Transportation and Logistics, Others)
- Statistical Snap of Global Data Center Rack Market
- Global Data Center Rack Market Growth Analysis
- Problems and Challenges in Global Data Center Rack Market
- Global Data Center Rack Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Data Center Rack Market
- Details on Recent Investment in Global Data Center Rack Market
- Competitive Analysis of Global Data Center Rack Market
- Global Data Center Rack Market Major Players
- SWOT Analysis of Global Data Center Rack Market
- Global Data Center Rack Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Data Center Rack Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Data Center Rack Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Data Center Rack Market
7. Global Data Center Rack Market, By Component, 2019-2032 (USD Million)
7.1 Services7.2 Solution
8. Global Data Center Rack Market, By Services, 2019-2032 (USD Million)
8.1 Design and Consulting8.2 Installation8.3 Maintenance and Supports
9. Global Data Center Rack Market, By Rack Type, 2019-2032 (USD Million)
9.1 Cabinets9.2 Open Frame
10. Global Data Center Rack Market, By Rack Height, 2019-2032 (USD Million)
10.1 42U and below10.2 43U – 52U10.3 Above 52U
11. Global Data Center Rack Market, By Rack Width, 2019-2032 (USD Million)
11.1 19 Inch11.2 23 Inch11.3 Others
12. Global Data Center Rack Market, By Data Center Size, 2019-2032 (USD Million)
12.1 Large Data Centers12.2 Small and Mid-sized Data Centers
13. Global Data Center Rack Market, By End User, 2019-2032 (USD Million)
13.1 BFSI13.2 Energy and Utilities13.3 Government and Defense13.4 Healthcare13.5 IT and Telecom13.6 Manufacturing13.7 Media and Entertainment13.8 Transportation and Logistics13.9 Others
14. Global Data Center Rack Market, By Region, 2019-2032 (USD Million)
14.1 Global Data Center Rack Market and Market Share by Region (2019-2025)14.2 Global Data Center Rack Market and Market Share by Region (2026-2032)14.3 Asia-Pacific
14.3.1 Australia14.3.2 China14.3.3 India14.3.4 Japan14.3.5 South Korea14.3.6 Rest of Asia-Pacific
14.4 Europe
14.4.1 France14.4.2 Germany14.4.3 Italy14.4.4 Spain14.4.5 United Kingdom14.4.6 Rest of Europe
14.5 Middle East and Africa
14.5.1 Kingdom of Saudi Arabia14.5.2 United Arab Emirates14.5.3 Rest of Middle East & Africa
14.6 North America
14.6.1 Canada14.6.2 Mexico14.6.3 United States
14.7 Latin America
14.7.1 Argentina14.7.2 Brazil14.7.3 Rest of Latin America
15. Company Profiles
15.1 Black Box
15.1.1 Company details15.1.2 Financial outlook15.1.3 Product summary15.1.4 Recent developments
15.2 Dell Technologies Inc.
15.2.1 Company details15.2.2 Financial outlook15.2.3 Product summary15.2.4 Recent developments
15.3 Eaton Corporation
15.3.1 Company details15.3.2 Financial outlook15.3.3 Product summary15.3.4 Recent developments
15.4 Fujitsu
15.4.1 Company details15.4.2 Financial outlook15.4.3 Product summary15.4.4 Recent developments
15.5 Great Lakes Data Racks & Cabinets
15.5.1 Company details15.5.2 Financial outlook15.5.3 Product summary15.5.4 Recent developments
15.6 Hewlett Packard Enterprise Developments LP
15.6.1 Company details15.6.2 Financial outlook15.6.3 Product summary15.6.4 Recent developments
15.7 Oracle Corporation
15.7.1 Company details15.7.2 Financial outlook15.7.3 Product summary15.7.4 Recent developments
15.8 Rittal GmbH & Co. KG
15.8.1 Company details15.8.2 Financial outlook15.8.3 Product summary15.8.4 Recent developments
15.9 Samsung Electronics Co., Ltd
15.9.1 Company details15.9.2 Financial outlook15.9.3 Product summary15.9.4 Recent developments
15.10 Schneider Electric
15.10.1 Company details15.10.2 Financial outlook15.10.3 Product summary15.10.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Data Center Rack Market is projected to reach USD 10.36 billion by 2032, growing at a CAGR of 8.94% during the forecast period.
Data Center Rack Market grew in market size from 2021. The Market is expected to reach USD 10.36 billion by 2032, at a CAGR of 8.94% during the forecast period.
Data Center Rack Market CAGR of 8.94% during the forecast period.
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Data Center Rack Market size is USD 10.36 billion from 2022 to 2032.
Data Center Rack Market Segment is Covered By Component, By Services, By Rack Type, By Rack Height, By Rack Width, By Data Center Size, By End User.
The North America region is anticipated to have the highest market share in the Data Center Rack Market.
The key players in the market include Companies Covered Black Box, Dell Technologies Inc., Eaton Corporation, Fujitsu, Great Lakes Data Racks & Cabinets, Hewlett Packard Enterprise Developments LP, Oracle Corporation, Rittal GmbH & Co. KG, Samsung Electronics Co., Ltd, Schneider Electric.
The market is expanding primarily due to the increased popularity of big data analytics and the modernisation of IT infrastructure.
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