The Global Data Center Rack Market was valued at $3.6 billion in 2021 and is projected to reach $9.2 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2030.
A Data Center Rack is a frame designed to house servers, cables, and other components. This physical steel and electronic framework allows device deployment and orchestration within a data center facility. Data racks are used in IT, telecom, BFSI, manufacturing, and other industries. Individual mounting structures, such as colocation racks, stack numerous hardware devices and services on top of each other. It provides security, cooling, and ease of system troubleshooting.
Durable data center cabinets are primarily designed to accommodate servers of various form factors, such as rack-mounted servers and blade servers. It is also designed to accommodate other components, including telecom equipment, networking equipment, cooling systems and UPS. Each rack is typically prefabricated with slots for running electrical, networking, and internet cables. Data center server racks are built according to systematic design and classified according to capacity or the number of bays.
Market Dynamics:
Drivers:
The expanding IT infrastructure of various industries generates significant amounts of structured and unstructured data. This necessitates the development of hyperscale data centers to store and protect the data generated by highly secure services. The adoption of cloud-based applications and services by IBM, Amazon, Google, and Microsoft helps generate significant amounts of data. As a result, they replaced their existing public cloud data centers with hyper-scale data centers to focus on improving their data storage capabilities. Demand for large-scale data centers is increasing as a large amount of data is being generated due to the increased use of smartphones, SNS, and OTT platforms.
Governments around the world are investing more and more in developing hyperscale data center infrastructure to address growing consumer and business demand for digital services. The increasing prevalence of advanced technologies such as IoT, AI, and ML in various industries creates large amounts of data that require hyper-scale data centers for storage. Therefore, increasing investment in hyper-scale data center development energizes the rack industry.
Restraints:
Datacentre cable management is a complex task. Poor cable management can cause problems throughout the enterprise due to unstructured cabinets, difficulty installing equipment, and extended maintenance and troubleshooting windows. Inadequate cooling requirements in data centres create hazardous environments due to limited airflow into cabinets. Additionally, as rack densities and multi-hop connections increase, keeping track of cabinets in Excel spreadsheets becomes more difficult. Many organizations invest resources and time in implementing, planning, and maintaining their network infrastructure. However, businesses still struggle to address many key data center cable management challenges.
Key players:
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Cisco Systems, Inc.
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Black Box Corporation
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Chatsworth Products, Inc.
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Dell Inc.
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Eaton Corporation Plc
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Fujitsu Limited
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IBM Corporation
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Huawei Technologies Co., Ltd.
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Hewlett Packard Enterprise Development LP
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Legrand SA
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Oracle Corporation
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Rittal GmbH & Co. KG
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Schneider Electric SE
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Belden Inc.
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Vertiv Group Corp.
Market Segmentation:
Data Center Rack Market, By Component
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Solutions
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Services
Data Center Rack Market, By Rack Type
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Cabinets
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Open Frame
Data Center Rack Market, By Data Center Size
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Large Data Centers
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Small and Mid-sized Data Centers
Data Center Rack Market, By Industry Verticals
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Healthcare
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Transportation
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Energy & Utilities
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IT & Telecommunication
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Banking, Financial Services and Insurance (BFSI)
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Government & Defense
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Media & Entertainment
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Others
Data Center Rack Market, By Region:
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North America
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U.S.
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Canada
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Europe
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UK
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Germany
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France
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Spain
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Italy
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Netherlands
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Asia Pacific
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China
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Japan
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India
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Australia & New Zealand
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South Korea
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Southeast Asia
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Latin America
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Brazil
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Mexico
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Argentina
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Colombia
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MEA
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South Africa
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UAE
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Israel
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Saudi Arabia
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Regional Analysis:
North America is expected to hold a prominent global data center rack market share by 2022, owing to increasing IT infrastructure development driven by customer data storage and maintenance needs. The presence of multiple IT and telecom companies in countries such as the United States and Canada helps increase the deployment of data centers and their services in the region.
The market size in the Asia-Pacific region is expected to grow significantly during the forecast period owing to the expansion of the IT sector in the region. The European data center rack market is projected to generate a revenue of USD XX billion by 2030, growing at a CAGR of XX% over the forecast period. Markets in South America, the Middle East, and Africa are growing due to the growing adoption of hybrid cloud solutions and the increasing use of interconnected solutions with the help of colocation services.
Scope of the Report:
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Report Metric |
Details |
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Market Size Available for Years |
2020–2030 |
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Base Year Considered |
2020 |
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Forecast Period |
2021–2030 |
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Forecast Unit |
Value (USD) |
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Segments Covered |
Offering, Technology, Application, End-User, and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, and LAMEA |
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Companies Covered |
Cisco Systems, Inc. Black Box Corporation, Chatsworth Products, Inc., Dell Inc., Eaton Corporation Plc, Fujitsu Limited, IBM Corporation, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, Legrand SA, Oracle Corporation, Rittal GmbH & Co. KG, Schneider Electric SE, Belden Inc., Vertiv Group Corp., GmbH, OPSWAT, Inc., Portnox (Access Layers Ltd.), Pulse Secure, Solarwinds Inc., Trustwave (Singtel), and Venustech Group Inc. |
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Market Size Estimation
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