Data Center Rack Market

Data Center Rack Market

Data Center Rack Market Global Industry Assessment & Forecast

# Pages:

151

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0189

Segments Covered
  • By Component Solutions, Services
  • By Rack Type Open Frame, Cabinets
  • By data center size Small and Mid-sized Data Centers, Large Data Centers
  • By Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Government and Defense, Retail, Manufacturing, Healthcare, Energy and Utilities, Others
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 3.9 Billion
Revenue 2028: 6.56 Billion
Revenue CAGR (2022 - 2028): 8.9
Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Data Center Rack market was valued at USD 3.9 Billion in 2020 and is projected to reach USD 6.56 Billion by 2028, growing at a CAGR of 8.9% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 6.56 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 8.9%

Definition And Overview

A data center rack is a type of physical steel and electronic framework that is designed to house servers, networking devices, cables and other data center computing equipment. This physical structure provides equipment placement and orchestration within a data center facility.


The global Data Center Rack market is segmented based on by Component, Rack Type, Regions, and Countries. This report provides an analysis of the global Data Center Rack market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report covers exhaustive analysis on the global Data Center Rack industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

vantage Market img 3.9 Billion 6.56 Billion

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose stringent lockdown measures during the primary stages. This led to numerous challenges owing to the supply chain. However, the market witnessed steady growth over the later stages as the governments lifted restrictions on construction activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long-term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

Major determinants that propel the data center rack market growth are swift rise in facilities of data center colocation across the nations and increase in server density.

Advanced technological development is expected to increase the growth of the market during the forecast period.

Infrastructure which is hyper-converged and provide rack-scale platforms is one of the determinants that can restrict growth of the market.

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Component, Rack Type, data center size
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Dataracks, Emerson Electric, Dell, AMCO Enclosures, Schneider Electric, Belden, Black Box Corporation, Chatsworth Products, Oracle Corp, Eaton, Tripp Lite, Fujitsu, IBM, Cisco, Rittal Corp, HPE
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Product Analysis Preview

Component Analysis: Preview

On the basis of Component, the market is segmented into Solutions, Services. Solution held the highest share in the global Data Center Rack market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Rack Type Analysis: Preview

Based on Rack Type, the market is segmented into Open Frame, Cabinets. Cabinets accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Data Center Rack Market: Component Segment Analysis

    • Solutions
    • Services

Global Data Center Rack Market: Rack Type Segment Analysis

    • Open Frame
    • Cabinets

Global Data Center Rack Market: data center size Segment Analysis

    • Small and Mid-sized Data Centers
    • Large Data Centers

Global Data Center Rack Market: Segment Analysis

    • Banking
    • Financial Services
    • and Insurance (BFSI)
    • IT and Telecom
    • Government and Defense
    • Retail
    • Manufacturing
    • Healthcare
    • Energy and Utilities
    • Others

Regional Analysis Preview

Based on region, the global Data Center Rack market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. Developing economies in the Asia Pacific region such as China and India are expected to make notable contributions in the growth over the coming years. Thus, it is expected that the Data Center Rack market is anticipated to rise over the forecast timespan.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Data Center Rack Market: Regional Analysis

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

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Data Center Rack market are Dataracks, Emerson Electric, Dell, AMCO Enclosures, Schneider Electric, Belden, Black Box Corporation, Chatsworth Products, Oracle Corp, Eaton, Tripp Lite, Fujitsu, IBM, Cisco, Rittal Corp, HPE. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Global Data Center Rack Market: Key Highlights

  • The global Data Center Rack market was valued at USD 3.9 Billion in 2020
  • The global Data Center Rack Market is projected to reach USD 6.56 Billion by 2028
  • North America held the highest share of the Data Center Rack market in 2020
  • Some of the major companies operating in the Data Center Rack market are Dataracks, Emerson Electric, Dell, AMCO Enclosures, Schneider Electric, Belden, Black Box Corporation, Chatsworth Products, Oracle Corp, Eaton, Tripp Lite, Fujitsu, IBM, Cisco, Rittal Corp, HPE

FAQ
Frequently Asked Question
  • The global Data Center Rack valued at 3.9 Billion in 2020 and is expected to reach 6.56 Billion in 2028 growing at a CAGR of 8.9%.

  • The prominent players in the market are Dataracks, Emerson Electric, Dell, AMCO Enclosures, Schneider Electric, Belden, Black Box Corporation, Chatsworth Products, Oracle Corp, Eaton, Tripp Lite, Fujitsu, IBM, Cisco, Rittal Corp, HPE.

  • The market is project to grow at a CAGR of 8.9% between 2021 and 2028.

  • The driving factors of the Data Center Rack include

    • Major determinants that propel the data center rack market growth are swift rise in facilities of data center colocation across the nations and increase in server density.
    • Advanced technological development is expected to increase the growth of the market during the forecast period.

  • North America was the leading regional segment of the Data Center Rack in 2020.