Global Data Center Rack Server Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022
The global Data center rack server market is anticipated to grow at a CAGR of 11% during 2016 to 2022. The market has generated the revenue $ 1.6 Billion in 2015 and is anticipated to reach up to $ 3.32 Billion by 2022. Infrastructural Upgrade in Data Centre, Investment in Data Centre and High Density Server Environment helps to drive the market of Data center rack server, globally.
On the basis of segmentation the market of Data center rack server is further segmented as Rack Unit, Frame Design, Frame Size, Service and End User. On the basis of rack unit the market is further segmented into 36u Rack, 42u Rack, 45u & 48u Rack. Similarly on the basis of Frame Design the market is further segmented into Open Frame Rack, Enclosed Rack and Customized Rack. Further based on Frame Size the market is segmented into 19 Inch Rack and various others. In addition to this, based on server the market is segmented into Consulting Services, Installation and Support Services and professional Services. On the basis of end users the market of data center rack server is further segmented into Small And Medium-Sized Organizations and Large-Sized Organizations. Based on vertical the market of Data center rack server is segmented into Media and Entertainment, IT And Telecom, Healthcare, Retail, Banking, Financial Services, And Insurance (BFSI), Public Sector,, Manufacturing and many more. Rising end-user adoption due to availability of low-cost rack solutions is anticipated to favorably impact the global data center rack market growth over the forecast period. Manufacturers accentuate on making continuous improvements in their offerings by addition of significant number of features, which is also anticipated to drive the data center rack market. Data center rack servers exhibit inherent high density coupled with power efficiency, and is also projected to fuel market growth.
On the basis of geography, the global Data center rack server market is segmented into North America, Asia pacific, Europe, and rest of the world. North America holds the largest share followed by Europe. Increasing popularity of high density Data Centers and demand to decrease the power consumption of the Data Center infrastructure are major factors contributing to the growth of Data Center Rack Market in North America. Moreover, Asia Pacific is the fastest growing region over the forecast period, due to high technological adoption rates and rising number of new data center in the region.
Some of the notable players of the Data center rack server market are APC Net Shelter, Belkin Racks, Black Box Corporation, Chatsworth Racks, Crenlo, Dell, Eaton, Emerson, Hewlett-Packard Company, Kendall Howard, Panduit, Pentair, Rittal Gmbh & Co. Kg, Schneider Electric, Tripp Lite. Acquisition, merger, innovation and new product launch are the key strategies which help to sustain in the market. For example: In 2015, Dell Inc. and EMC Corporation have signed an agreement in which Dell, together with its owners, Michael S. Dell, MSD Partners and Silver Lake, will acquire EMC Corporation, while maintaining VMware as a publicly-traded company.
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