Data Center Rack Market Research Report

 

Global Data Center Rack Market

The GMI Research forecasts that the Data Center Rack Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increase of data center colocation facilities, a rise of edge computing, deployment of IoT, reduced physical infrastructure costs and fixed overhead cost, and the growing server density.

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Introduction of the Data Center Rack Market:

A data center rack is a physical steel and electronic structure designed to house servers, cables, networking devices, and other data computing equipment. It helps to hold other components including, telecommunication equipment, UPS, and cooling systems and is the finest organization tool for all electronics.

Key Players of the Global Data Center Rack Market:

·         AGC Networks Limited

·         Schneider Electric

·         Fujitsu Limited

·         IBM Corporation

·         Rittal GmbH & Co. KG

·         Vertiv Group Corporation

·         Dell Technologies, Inc

·         Cisco Systems, Inc

·         Hewlett Packard Enterprise (HPE) Company

·         Eaton Corporation Plc

Data Center Rack Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The drivers stimulating the growth of the global data center rack market include the accelerating server density and the rise in data center colocation provisions. Colocation centers have allured companies owing to the mounting scale and size of business operations. In addition, the enterprises consider them an ideal business partner because of their assistance during the introduction of a new application and increasing storage and power. Additionally, a few data center racks make it easier to manage computing infrastructure. Thus, the adoption of colocation data centers is promoting the growth of data center rack across businesses. Moreover, the growth of edge computing, surging internet usage, and deployment of IoT resulting in a rise in the installation of colocation data centers will further fuel the market demand. The high density helps them to load more power into smaller space, reducing the infrastructure and fixing overhead expenses, also augments the market's growth. On the other hand, meeting the desired cooling needs may prove to be a challenge for businesses and is projected to hinder the market growth.

Component Segment Drivers

On the basis of components, the market is segmented into services and solutions. The services segment is predicted to expand at a higher CAGR during the forecast period. This is owing to the high demand for installation of rack as it is a complicated process and requires skilled technical professionals. Installation services are cabling, infrastructure, cooling, and mounting of a server.

Rack Height Segment Drivers

Based on rack height, 42U and below is forecasted to witness a significant growth in the near future as it is reconcilable with all equipment of server manufacturer’s and can be customized easily. In addition, they possess the ability to handle heaviest load i.e. more than 1000 lbs. The frame design protects liquid to accumulate on gasket and from penetrating the side panel or door when opened..

Vertical Segment Drivers

On the basis of vertical, the IT & telecom industry is contemplated to experience a faster growth rate primarily attributed to the large amount of data stored or produced by the industry. The growing penetration of mobile data and subscription has raised the data traffic and the initiation of cloud and 5G technology is fuelling the market demand.

Regional Drivers

Based on regional coverage, Asia-Pacific is expected to grow at a faster CAGR over the forecast period. This is due to the ongoing increase in energy efficiency, data traffic, and rising deployment of data centers in emerging countries like India, Japan, and China. Moreover, growing investment in businesses coupled with the switch in businesses towards digitalization contributes to the growth of the market.

Data Center Rack Market Segmentation:

Segmentation by Component:

·         Solutions

·         Services

o   Design and Consulting

o   Installation

o   Maintenance and Support

Segmentation by Type:

·         Open Frame

·         Cabinets

Segmentation by Height:

·         42U and Below

·         43U up to 52U

·         Above 52U

Segmentation by Width:

·         19 Inch

·         23 Inch

·         Others (24 Inch and 28 Inch)

Segmentation by Vertical:

·         Banking, Financial Services, and Insurance (BFSI)

·         IT and Telecom

·         Government and Defense

·         Retail

·         Manufacturing

·         Healthcare

·         Energy and Utilities

·         Others (Media and Entertainment, and Transportation and Logistics)

Segmentation by Data Center Size:

·         Small and Mid-sized Data Centers

·         Large Data Centers

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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