DUBLIN--(BUSINESS WIRE)--The "Data Center Rack Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The data center rack market by revenue is expected to grow at a CAGR of close to 4% during the period 2019-2025.
The global data center rack market size is expected to reach revenue of over $1.9 billion by 2025, growing at a CAGR of over 4% during the forecast period. The industry is witnessing growth during the forecast period on account of the increasing adoption of complex IT infrastructure, prompting operators to procure deeper and wider rack architecture. In terms of shipments, 42U still dominates the market, where the adoption of 45U, 47U, 48U, and over 48U is growing at a higher rate.
Data center operators are showing an increased preference for the adoption of racks based on the OCP design. In terms of pricing, warranty, and aftermarket services, the market is highly competitive. The use of rack solutions will continue to grow as the number of edge deployments, comprising less than 10 units, grows in developed countries such as the US, the UK, Germany, China, India, and Japan. All these countries will contribute to the growth of the market through multiple greenfield hyperscale facilities investments during 2020-2025.
The following factors are likely to contribute to the growth of the data center rack market during the forecast period:
- Deployment of Edge Data Center
- Adoption of Open-rack Architecture
- Increased Adoption of Rack Scale IT Infrastructure Solutions
- Increasing Construction of Hyperscale Data Centers
The study considers the present scenario of the data center rack market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Key Questions Answered
- What is the data center rack market size and growth rate during the forecast period?
- What are the factors impacting the growth of the data center rack market share?
- How is the growth of colocation data centers influencing the growth of the data center rack market?
- Who are the leading vendors in the data center rack market, and what are their market shares?
- What is the impact of the COVID-19 pandemic on the data center rack market share?
Market Dynamics
Opportunities & Trends
- Increased Deployment Of Edge Data Centers
- Adoption Of Open-Rack Architecture
- Increased Adoption Of Rack Scale It Infrastructure Solutions
Growth Enablers
- Increasing Construction Of Hyperscale Data Centers
- Rising Investment By Colocation Providers
- Growing Adoption Of Modular Data Center Solutions
- Growing Procurement Of Taller, Deeper, And Wider Racks
Restraints
- Availability Of Low-Cost Solutions
- Virtualization Of It Infrastructure
- Adoption Of Immersion Cooling In Data Centers
Prominent Key Vendors
- Eaton
- HPE
- Legrand
- Schneider Electric
- Rittal
- Vertiv
Other Prominent Vendors
- Black Box Network Services
- Belden
- Beijing Finen Electronic Equipment
- Cisco
- Crenlo (Emcor)
- Chatsworth Products
- Cisco
- Cannon Technologies
- C&F Group
- Conteg
- Canovate
- Dataracks
- Delta Power Solutions
- Fujitsu
- Great Lakes Case and Cabinet
- IBM
- Oracle
- Panduit
- Prism Enclosures
- Rack Solutions
- Retex
- Rahi Systems
- StarTech
- Schroff (Nvent)
- Tripp Lite
- Usystems
For more information about this report visit https://www.researchandmarkets.com/r/9vc4zu
