Data Center Rack Market Size, Share, Growth Report 2032

Data Center Rack Market Insights

According to a report from Zion Market Research, the global Data Center Rack Market was valued at USD 4.24 Billion in 2023 and is projected to hit USD 9.07 Billion by 2032, with a compound annual growth rate (CAGR) of 8.82% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Data Center Rack industry over the next decade.

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Global Data Center Rack Market: Overview

A data centre rack is a type of physical steel and electronic framework that is designed to house servers, networking devices, cables and other data centre computing equipment. This physical structure provides equipment placement and orchestration within a data centre facility. The main purpose of a data centre rack is to house servers with various shape variables (such as rack-mounted or blade servers). While they are primarily intended to hold servers, some are intended to hold other components, such as Networking equipment, Telecommunication equipment, Cooling systems and UPS. Every rack is typically prefabricated with electrical, networking and Internet cable link slots. Using a systematic design, data centre racks are created and categorised depending on their size or the number of bays - effectively, the amount of equipment they can carry.

Global Data Center Rack Market: Growth Factors

Growing end-user penetration is projected to favourably affect the growth of the global data centre rack market over the forecast period due to the availability of low-cost rack solutions. By incorporating a large amount of features, manufacturers prioritise constant changes in their offerings, which are also expected to fuel the growth of the data centre rack industry. Data centre rack servers, combined with power efficiency, exhibit inherent high density and are also expected to drive demand growth. In addition, the growing adoption of rack servers over the next few years is also projected to fuel demand growth due to developments in the software-defined security market. The market has seen a move to a server-based rack data centre, which is supposed to play a critical role in allowing IT teams to fulfil the constantly changing business demands of companies while reducing both organisational and capital spending.

Global Data Center Rack Market: Segmentation

The Data Center Rack market is fragmented based on component, rack type, rack height, rack width, data centre size, verticals and end user. By component, the market is divided into software, and services. By rack type, the data center rack market is fragmented into Open Frame, and Cabinets. By rack height, the market is divided into 42U and Below, 43U up to 52U, Above 52U. On the basis of rack width, the data center rack market is classified into 19 Inch, 23 Inch, Others. On the basis of data centre size, the market is divided into Small and Mid-sized Data Centers, Large Data Centers. On the basis of verticals, the Data Center Rack market includes Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Government and Defense, Retail, Manufacturing, Healthcare, Energy and Utilities, Others.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Data Center Rack Market: Report Scope

Global Data Center Rack Market: Regional Analysis

In the near future, North America is said to be leading the worldwide rack demand for data centres. The key factor behind this calculation is the increasing prevalence and curiosity among users of data centre racks. On the other hand, the fastest expanding network for the global market is said to be Asia Pacific. New technologies are being embraced by countries such as India and China, thus encouraging the development of the worldwide data centre rack industry.

Global Data Center Rack Market: Competitive Players

Some main participants of the Data Center Rack market are Hewlett-Packard, Emerson Network, Huawei, Rittal, Hitachi, Eaton, Rittal, HPE, IBM, Cisco, Fujitsu, Dell, Schneider Electric, Vertiv, AGC Networks, Legrand, Oracle, Belden, nVent, Panduit, Great Lakes Data Racks & Cabinets, Tripp Lite, IMS Engineered Products, Rahi Systems, Chatsworth Products, among others.

Data Center Rack Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa