
North America Data Center Rack Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Rack Height, By Rack Type (Cabinets/ Enclosed, and Open Frame), By Data Center Size, By Vertical, By Country and Growth Forecast
Description
North America Data Center Rack Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Rack Height, By Rack Type (Cabinets/ Enclosed, and Open Frame), By Data Center Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
The North America Data Center Rack Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
Data centers are now a vital part of the IT infrastructure for many businesses. Companies rely on data centers to effectively handle data and storage since they generate enormous amounts of data every day. Therefore, the primary factor impacting the use of data center racks is the expanding deployment of data centers worldwide. The market's growth is also being affected by the rising demand for technology services and investments from big businesses.
These data center racks are mostly used for data centers' infrastructure management. These racks house servers, cables, switches, and other hardware in the data center. Rack infrastructure has grown in importance in data centers due to evolving technology and the use of high-density servers. To guarantee that data centers operate at their peak efficiency, it is necessary to host servers efficiently, manage cables, and allow for airflow.
The region is projected to see increased investment in mega facility developments, with colocation, internet, and cloud service providers playing a significant role. This will increase demand for racks and rack alternatives. Additionally, the US government launched the Data Center Optimization Initiative (DCOI) to consolidate numerous data centers across the nation in order to provide better services to the general public while enhancing the taxpayers' return on investment. The act of creating hyper-scale data centers and turning off the underperforming ones is part of the consolidation process. The government has so far shuttered more than 3,215 square feet of campus in Northern Virginia. All these elements are predicted to support the regional market growth during the projection period.
The US market dominated the North America Data Center Rack Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,730.2 million by 2028. The Canada market is poised to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.9% during (2022 - 2028).
Based on Component, the market is segmented into Solution, and Services. Based on Rack Height, the market is segmented into 42U & Below, 43U to 52U, and Above 52U. Based on Rack Type, the market is segmented into Cabinets/ Enclosed, and Open Frame. Based on Data Center Size, the market is segmented into Large Data Centers, and Small & Medium Sized Data Centers. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Media & Entertainment, IT & Telecom, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, Dell Technologies, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Eaton Corporation PLC, Legrand S.A. (Legrand Group), and Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG).
Scope of the Study
Market Segments covered in the Report:
By Component
The North America Data Center Rack Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
Data centers are now a vital part of the IT infrastructure for many businesses. Companies rely on data centers to effectively handle data and storage since they generate enormous amounts of data every day. Therefore, the primary factor impacting the use of data center racks is the expanding deployment of data centers worldwide. The market's growth is also being affected by the rising demand for technology services and investments from big businesses.
These data center racks are mostly used for data centers' infrastructure management. These racks house servers, cables, switches, and other hardware in the data center. Rack infrastructure has grown in importance in data centers due to evolving technology and the use of high-density servers. To guarantee that data centers operate at their peak efficiency, it is necessary to host servers efficiently, manage cables, and allow for airflow.
The region is projected to see increased investment in mega facility developments, with colocation, internet, and cloud service providers playing a significant role. This will increase demand for racks and rack alternatives. Additionally, the US government launched the Data Center Optimization Initiative (DCOI) to consolidate numerous data centers across the nation in order to provide better services to the general public while enhancing the taxpayers' return on investment. The act of creating hyper-scale data centers and turning off the underperforming ones is part of the consolidation process. The government has so far shuttered more than 3,215 square feet of campus in Northern Virginia. All these elements are predicted to support the regional market growth during the projection period.
The US market dominated the North America Data Center Rack Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,730.2 million by 2028. The Canada market is poised to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.9% during (2022 - 2028).
Based on Component, the market is segmented into Solution, and Services. Based on Rack Height, the market is segmented into 42U & Below, 43U to 52U, and Above 52U. Based on Rack Type, the market is segmented into Cabinets/ Enclosed, and Open Frame. Based on Data Center Size, the market is segmented into Large Data Centers, and Small & Medium Sized Data Centers. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Media & Entertainment, IT & Telecom, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, Dell Technologies, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Eaton Corporation PLC, Legrand S.A. (Legrand Group), and Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG).
Scope of the Study
Market Segments covered in the Report:
By Component
- Solution
- Services
- 42U & Below
- 43U to 52U
- Above 52U
- Cabinets/ Enclosed
- Open Frame
- Large Data Centers
- Small & Medium Sized Data Centers
- BFSI
- Manufacturing
- Retail
- Healthcare
- Media & Entertainment
- IT & Telecom
- Others
- US
- Canada
- Mexico
- Rest of North America
- Schneider Electric SE
- IBM Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Fujitsu Limited
- Dell Technologies, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Eaton Corporation PLC
- Legrand S.A. (Legrand Group)
- Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
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Table of Contents
112 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Data Center Rack Market, by Component
- 1.4.2 North America Data Center Rack Market, by Rack Height
- 1.4.3 North America Data Center Rack Market, by Rack Type
- 1.4.4 North America Data Center Rack Market, by Data Center Size
- 1.4.5 North America Data Center Rack Market, by Vertical
- 1.4.6 North America Data Center Rack Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis – Global
- 3.1 Market Share Analysis, 2021
- 3.2 Strategies deployed in Data Center Rack Market
- Chapter 4. North America Data Center Rack Market by Component
- 4.1 North America Solution Market by Country
- 4.2 North America Services Market by Country
- Chapter 5. North America Data Center Rack Market by Rack Height
- 5.1 North America 42U & Below Market by Country
- 5.2 North America 43U to 52U Market by Country
- 5.3 North America Above 52U Market by Country
- Chapter 6. North America Data Center Rack Market by Rack Type
- 6.1 North America Cabinets/ Enclosed Market by Country
- 6.2 North America Open Frame Market by Country
- Chapter 7. North America Data Center Rack Market by Data Center Size
- 7.1 North America Large Data Centers Market by Country
- 7.2 North America Small & Medium Sized Data Centers Market by Country
- Chapter 8. North America Data Center Rack Market by Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America Manufacturing Market by Country
- 8.3 North America Retail Market by Country
- 8.4 North America Healthcare Market by Country
- 8.5 North America Media & Entertainment Market by Country
- 8.6 North America IT & Telecom Market by Country
- 8.7 North America Others Market by Country
- Chapter 9. North America Data Center Rack Market by Country
- 9.1 US Data Center Rack Market
- 9.1.1 US Data Center Rack Market by Component
- 9.1.2 US Data Center Rack Market by Rack Height
- 9.1.3 US Data Center Rack Market by Rack Type
- 9.1.4 US Data Center Rack Market by Data Center Size
- 9.1.5 US Data Center Rack Market by Vertical
- 9.2 Canada Data Center Rack Market
- 9.2.1 Canada Data Center Rack Market by Component
- 9.2.2 Canada Data Center Rack Market by Rack Height
- 9.2.3 Canada Data Center Rack Market by Rack Type
- 9.2.4 Canada Data Center Rack Market by Data Center Size
- 9.2.5 Canada Data Center Rack Market by Vertical
- 9.3 Mexico Data Center Rack Market
- 9.3.1 Mexico Data Center Rack Market by Component
- 9.3.2 Mexico Data Center Rack Market by Rack Height
- 9.3.3 Mexico Data Center Rack Market by Rack Type
- 9.3.4 Mexico Data Center Rack Market by Data Center Size
- 9.3.5 Mexico Data Center Rack Market by Vertical
- 9.4 Rest of North America Data Center Rack Market
- 9.4.1 Rest of North America Data Center Rack Market by Component
- 9.4.2 Rest of North America Data Center Rack Market by Rack Height
- 9.4.3 Rest of North America Data Center Rack Market by Rack Type
- 9.4.4 Rest of North America Data Center Rack Market by Data Center Size
- 9.4.5 Rest of North America Data Center Rack Market by Vertical
- Chapter 10. Company Profiles
- 10.1 Schneider Electric SE
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Product Launches and Product Expansions:
- 10.1.6 SWOT Analysis
- 10.2 IBM Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional & Segmental Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 SWOT Analysis
- 10.3 Oracle Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 SWOT Analysis
- 10.4 Hewlett Packard Enterprise Company (HP Development Company L.P.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 SWOT Analysis
- 10.5 Fujitsu Limited
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 SWOT Analysis
- 10.6 Dell Technologies, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 SWOT Analysis:
- 10.7 Samsung Electronics Co., Ltd. (Samsung Group)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 SWOT Analysis
- 10.8 Eaton Corporation PLC
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Acquisition and Mergers:
- 10.9 Legrand S.A. (Legrand Group)
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.5.2 Acquisition and Mergers:
- 10.10. Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
- 10.10.2.1 Partnerships, Collaborations, and Agreements:
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