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Data Center Rack Market

Data Center Rack Market Size, Share & Segmentation by Component (Solutions and Services), by Rack Type (Cabinets and Open Frame), by Data Center Size (Large Data Centers and Small and Mid-sized Data Centers), by Industry Vertical (Healthcare, Transportation, Energy & Utilities, IT & Telecommunication, Banking, Financial Services and Insurance (BFSI), Government & Defense, Media & Entertainment, Others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/ICT/1579 | June 2022 | Region: Global | 130 Pages

Report Scope & Overview:

The Data Center Rack market size was valued at USD 4.57 Bn in 2021 and is expected to reach USD 8.91 Bn by 2028, and grow at a CAGR of 8.9% over the forecast period 2022-2028.

A data center rack is an electronic structure that holds servers, routers, switches, and other network equipment. In the data Centre, data center racks are used mostly for infrastructure management. In the manufacturing, retail, financial services, information technology, and telecommunications industries, these are often utilized. As more data centre solutions are adopted, enabling for the easy and effective management of data centre networks, the market is expected to grow. Rack systems are designed to keep a variety of servers safe and secure. Power management, cooling, communication, and cable management are all included in modern racks. Remote monitoring of racks and equipment housed in the racks is also possible thanks to innovative monitoring technologies. Sensors are installed in most racks to offer real-time information on the status and performance of the racks.

Data Center Rack Market

On May 2022, Huawei presented Power POD 3.0, a brand-new power supply system, and defined the Next-Generation Data Center Facility in Dongguan, China. Huawei's commitment to developing low-carbon, smart data centres is reaffirmed with the latest rollouts, which are based on the combined expertise and cooperative efforts of Huawei Data Center Facility Team and industry experts.

MARKET DYNAMICS:

KEY DRIVERS:

  • The number of data center colocation facilities is rapidly increasing.

  • an increase in server density.

  • low-cost rack options are available.

RESTRAINTS:

  • Higher workload requirements and high-cost cooling equipment.

  • One of the obstacle’s impeding expansions is hyper-converged infrastructure, which provides rack-scale platforms in data centres.

OPPORTUNITY:

  • Adoption of a long-lasting rack, as well as an increase in hyper-scale change.

  • Investing a lot of money on data centre rack solutions

  CHALLENGES:

  • Limited power supply and increasing rack density are two issues that need to be addressed.

IMPACT OF COVID-19:

Numerous firms employ hyper-scale data center web services to apply algorithms to industry-specific models that can detect, categorize, and analyze data linkages, which can then be used to promote content, tag photographs, and offer relevant advertising. COVID-19's arrival has thrown a wrench into the data center transition. Data center services like VON services, video gaming, cloud computing, internet exchanges, content delivery networks, and other online services have benefited from increased data traffic as a result of efforts such as work from home and lockdown. As a result, data center firms have been obliged to strengthen their infrastructure, which is projected to fuel market development over the coming decade. The development of data centers is continuing, with the exception of a few projects that have been stalled by COVID-19.

MARKET ESTIMATION:

Data centre setup is a sophisticated process that needs the aid of a technical specialist. With the help of installation service providers, data centre rack enclosures are examined. Mounting the server, power, cooling, and cabling infrastructure over the data center racks, as well as installing this equipment so that it remains stable and does not slide out of position, are all included in installation services.

The big data centers section includes data centers with more than 20,000 square feet of computational area. There are frequently more than 800 racks in these data centers. Workloads must be balanced across several servers in large data centers and hyperscale facilities. They must also ensure that the cooling system is as efficient as possible. To maintain redundancy, these data centers must house various infrastructures. The need for data center racks in big data centers is projected to be driven by the requirement for redundancy.

The BFSI sector is also growing into new areas and dealing with massive amounts of traffic, which need a dependable infrastructure to process transactions. The BFSI sector comprises companies that provide banking services, such as core banking, investment banking, private banking, and cards, as well as financial services, such as payment gateways, stockbroking, and mutual funds. Companies that provide insurance services are also included. Thousands of virtual computers and real servers are also handled by the BFSI industry. The industry also has a number of monitoring systems that must cope with a variety of difficulties, such as resource allocation optimization, processing time reduction, and daily data center uptimes.

KEY MARKET SEGMENTS:

On The Basis of Component         

  • Solutions

  • Services

On The Basis of Rack Type          

  • Cabinets

  • Open Frame

 On The Basis of Data Center Size

  • Large Data Centers

  • Small and Mid-sized Data Centers

 On The Basis of Industry Verticals        

  • Healthcare

  • Transportation

  • Energy & Utilities

  • IT & Telecommunication

  • Banking, Financial Services and Insurance (BFSI)

  • Government & Defense

  • Media & Entertainment

  • Others

Data Center Rack Market

REGIONAL ANALYSIS:

North America, Latin America, Asia-Pacific excluding Japan, Middle East & Africa, Western Europe, Eastern Europe, and Japan are the seven primary regions that make up the global high-density racks market. The global market for high-density racks was dominated by North America. The high-density racks market is likely to be driven by emerging economies such as India and China, owing to increased investments in numerous industries such as banking, telecom, and insurance, among others, which require data centers to support new projects in the area.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The major key players are Schneider Electric SE, Belden Inc., Cisco Systems, Inc., Chatsworth Products, Dell Inc., Hewlett Packard Development LP, Oracle Corporation, Rittal, Fujitsu Limited, and Vertiv Group Corp.

Data Center Rack Market Report Scope:
Report Attributes Details
Market Size in 2021  US$ 4.57 Bn
Market Size by 2028  US$ 8.91 Bn
CAGR   CAGR of 8.9% From 2022 to 2028
Base Year 2021
Forecast Period  2022-2028
Historical Data  2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Component (Solutions and Services)
• by Rack Type (Cabinets and Open Frame)
• by Data Center Size (Large Data Centers and Small and Mid-sized Data Centers)
• by Industry Vertical (Healthcare, Transportation, Energy & Utilities, IT & Telecommunication, Banking, Financial Services and Insurance (BFSI), Government & Defense, Media & Entertainment, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Schneider Electric SE, Belden Inc., Cisco Systems, Inc., Chatsworth Products, Dell Inc., Hewlett Packard Development LP, Oracle Corporation, Rittal, Fujitsu Limited, and Vertiv Group Corp
Key Drivers • The number of data center colocation facilities is rapidly increasing
• an increase in server density
Market Opportunities • Adoption of a long-lasting rack, as well as an increase in hyper-scale change

 


Frequently Asked Questions (FAQ) :

Ans: - The Data Center Rack market size was valued at USD4.57 Bn in 2021.

Ans: - Limited power supply and increasing rack density are two issues that need to be addressed.

Ans: - The segments covered in the Data Center Rack Market report for study are on the basis of component, rack type, data center size, and industry verticals.         

Ans: - The major key players are Schneider Electric SE, Belden Inc., Cisco Systems, Inc., Chatsworth Products, Dell Inc., Hewlett Packard Development LP, Oracle Corporation, Rittal, Fujitsu Limited, and Vertiv Group Corp.

Ans. The study includes a comprehensive analysis of Speech-to-text API Market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Data Center Rack Market Segmentation, by Component

8.1 Solutions

8.2 Services

 

9. Data Center Rack Market Segmentation, by Rack Type

9.1 Cabinets

9.2 Open Frame

 

10. Data Center Rack Market Segmentation, by Data Center Size    

10.1 Large Data Centers

10.2 Small and Mid-sized Data Centers

 

11. Data Center Rack Market Segmentation, by Vertical

11.1 Healthcare

11.2 Transportation

11.3 Energy & Utilities

11.4 IT & Telecommunication

11.5 Banking, Financial Services and Insurance (BFSI)

11.6 Government & Defense

11.7 Media & Entertainment

11.8 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13. Company Profiles

13.1 Schneider Electric SE,

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2. Belden Inc.,

13.3 Cisco Systems, Inc.

13.4 Chatsworth Products

13.5 Dell Inc.

13.6 Hewlett Packard Development LP

13.7 Oracle Corporation

13.8 Rittal

13.9 Fujitsu Limited

13.10 Vertiv Group Corp.

 

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

 

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

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Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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