“The Data Center Rack Market size was valued at US$ 4.57 Bn in 2021, and is projected to Reach over US$ 8.91 Bn by 2028, with a growing CAGR of 8.9% during the forecast period 2023-2030, as per the SNS Insider research.” The data center rack market refers to the market for server racks, cabinets, and enclosures that are used to house servers and other networking equipment in data centers. The increasing adoption of cloud-based solutions, the rise in the number of connected devices, and the growing demand for data storage and processing are driving the growth of the data center rack market.
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