
Data Center Equipment Market Research Report By Component (Solution and Service), By Rack Type (Cabinets/ Enclosed Racks and Open Frame Rack), By Data Center (Large Data Centers and Small and Mid-Sized Data Centers), By Vertical (IT and Telecom, Banking a
Description
According to MRFR, the Global Data Center Rack Market has grown in recent years. It is estimated to reach USD 10,730.38 million by 2032, growing at an 8.86% CAGR over the forecast period (2024-2032).
The data center equipment market is a dynamic landscape shaped by several main trends. The increased adoption of cloud computing and digital infrastructure is a primary driver, with cloud providers and organizations expanding their data centers to meet rising data storage and processing demands. Furthermore, the proliferation of IoT devices and the expansion of data-intensive applications are driving up demand for data center equipment.
Market Segment insights
The worldwide Data Center Rack market is divided into several segments, including component, rack type, data center size, rack height, industrial vertical, and geography.
The market is divided into two categories based on component: solution and service. In 2023, the solution segment will hold the greatest market share. This is due to the growing need for improved cooling solutions, rack management systems, and PDUs, which are driven by the requirement for efficient and dependable data center operations.
By rack type, the market was divided into cabinets/enclosed racks and open frame racks. The cabinets/enclosed racks segment has a significant market share in 2023 and is predicted to grow at a CAGR of 9.01% throughout the forecast period, owing to its security features and good cooling management, making them ideal for large data centres and companies with high security requirements. The open frame rack category is predicted to grow at a CAGR of 8.93% throughout the forecast period.
The market is divided into large, small, and medium-sized data centers. The large data centers category will account for the majority of the market in 2023, driven by rising demand for big data analytics, cloud services, and business applications that require substantial infrastructure.
The market was divided into three categories based on rack height: 42U or lower, 43U to 52U, and 52U or higher. The 43U to 52U segment leads the market due to its balance of capacity and manageability, making it ideal for both mid-sized and large data centers.
The market was divided into industry verticals such as BFSI, manufacturing, IT and telecom, retail, healthcare, media and entertainment, and others. The IT and telecom segment has the biggest market share because to the continued development of digital infrastructure, telecommunications networks, and cloud computing.
Regional Analysis
The data center rack market is segmented into five regions: North America, Europe, Asia-Pacific, and the Rest of the World. North America dominated the data center rack market in 2023; Asia Pacific ranked second in terms of market share and is predicted to develop at the fastest rate during the forecast period 2024-2032.
Major Players
Siemens, Emerson Electric Co., S Electric, Schneider Electric, Dell Technologies, IBM, General Electric, Eaton, ABB, Emerson Electric, Hewlett Packard Enterprise, Rittal, Vertiv, Cisco Systems, and Huawei Technologies are among the data center equipment market's key players.
The data center equipment market is a dynamic landscape shaped by several main trends. The increased adoption of cloud computing and digital infrastructure is a primary driver, with cloud providers and organizations expanding their data centers to meet rising data storage and processing demands. Furthermore, the proliferation of IoT devices and the expansion of data-intensive applications are driving up demand for data center equipment.
Market Segment insights
The worldwide Data Center Rack market is divided into several segments, including component, rack type, data center size, rack height, industrial vertical, and geography.
The market is divided into two categories based on component: solution and service. In 2023, the solution segment will hold the greatest market share. This is due to the growing need for improved cooling solutions, rack management systems, and PDUs, which are driven by the requirement for efficient and dependable data center operations.
By rack type, the market was divided into cabinets/enclosed racks and open frame racks. The cabinets/enclosed racks segment has a significant market share in 2023 and is predicted to grow at a CAGR of 9.01% throughout the forecast period, owing to its security features and good cooling management, making them ideal for large data centres and companies with high security requirements. The open frame rack category is predicted to grow at a CAGR of 8.93% throughout the forecast period.
The market is divided into large, small, and medium-sized data centers. The large data centers category will account for the majority of the market in 2023, driven by rising demand for big data analytics, cloud services, and business applications that require substantial infrastructure.
The market was divided into three categories based on rack height: 42U or lower, 43U to 52U, and 52U or higher. The 43U to 52U segment leads the market due to its balance of capacity and manageability, making it ideal for both mid-sized and large data centers.
The market was divided into industry verticals such as BFSI, manufacturing, IT and telecom, retail, healthcare, media and entertainment, and others. The IT and telecom segment has the biggest market share because to the continued development of digital infrastructure, telecommunications networks, and cloud computing.
Regional Analysis
The data center rack market is segmented into five regions: North America, Europe, Asia-Pacific, and the Rest of the World. North America dominated the data center rack market in 2023; Asia Pacific ranked second in terms of market share and is predicted to develop at the fastest rate during the forecast period 2024-2032.
Major Players
Siemens, Emerson Electric Co., S Electric, Schneider Electric, Dell Technologies, IBM, General Electric, Eaton, ABB, Emerson Electric, Hewlett Packard Enterprise, Rittal, Vertiv, Cisco Systems, and Huawei Technologies are among the data center equipment market's key players.
Table of Contents
198 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Type
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 4 Market Dynamics
- 4.1 Introduction
- 4.1 Drivers
- 4.1.1 Prompt Shift Towards Digitalization And Cloud Computing
- 4.1.2 Expansion Of Iot And Edge Computing
- 4.1.3 Increasing Demand For Energy-efficient Rack Solutions
- 4.2 Restraint
- 4.2.1 Misuse Of Unattended Public Kiosks
- 4.2.2 Complexity Of Integration And Compatibility
- 4.3 Opportunity
- 4.3.1 Adoption Of Modular And Customizable Solutions
- 5 Market Factor Analysis
- 5.1 Value Chain Analysis
- 5.1.1 Raw Material Procurement
- 5.1.2 Manufacturing
- 5.1.3 Component Supplier
- 5.1.4 Sales And Distribution
- 5.1.5 End-user
- 5.1.6 Installation And Maintenance
- 5.2 Porter's Five Forces Model
- 5.2.1 Threat Of New Entrants
- 5.2.2 Bargaining Power Of Suppliers
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Buyers
- 5.2.5 Intensity Of Rivalry
- 5.3 Covid-19 Impact Analysis
- 6 Global Data Center Rack Market, By Component
- 6.1 Overview
- 6.2 Solution
- 6.3 Service
- 7 Global Data Center Rack Market, By Rack Type
- 7.1 Introduction
- 7.2 Cabinets/ Enclosed Racks
- 7.3 Open Frame Rack
- 8 Global Data Center Rack Market, By Size
- 8.1 Introduction
- 8.2 Large Data Centers
- 8.3 Small And Mid-sized Data Center
- 9 Global Data Center Rack Market, By Height
- 9.1 Introduction
- 9.2 42u And Below
- 9.3 43u Up To 52u
- 9.4 Above 52u
- 10 Global Data Center Rack Market, By Industry
- 10.1 Introduction
- 10.2 Bfsi
- 10.3 Manufacturing
- 10.4 It And Telecom
- 10.5 Retail
- 10.6 Healthcare
- 10.7 Media And Entertainment
- 10.8 Others
- 11 Global Data Center Rack Market, By Region
- 11.1 Overview
- 11.2 North America
- 11.2.1 Us
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 France
- 11.3.3 Uk
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest Of Europe
- 11.4 Asia-pacific
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 South Korea
- 11.4.6 Rest Of Asia Pacific
- 11.5 Rest Of The World
- 11.5.1 Middle East
- 11.5.2 Africa
- 11.5.3 Latin America
- 12 Competitive Landscape
- 12.1 Introduction
- 12.2 Competition Dashboard
- 12.2.1 Product Portfolio
- 12.2.2 Regional Presence
- 12.2.3 Strategic Alliances
- 12.2.4 Industry Experiences
- 12.3 Who Are The Major Disruptors & Innovators
- 12.4 What Strategies Are Being Adopted By Market Leaders
- 12.5 Key Developments & Growth Strategies
- 12.5.1 Product Launch
- 12.5.2 Partnership, Collabration And Expansion
- 13 Company Profiles
- 13.1 Hewlett Packard Enterprise Development Lp
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategy
- 13.2 Fujitsu Ltd
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategy
- 13.3 Rittal Pvt. Ltd.
- 13.3.1 Company Overview
- 13.3.2 Products Offered
- 13.3.3 Key Developments
- 13.3.4 Swot Analysis
- 13.3.5 Key Strategy
- 13.4 Great Lakes Data Racks & Cabinets
- 13.4.1 Company Overview
- 13.4.2 Products Offered
- 13.4.3 Key Developments
- 13.4.4 Swot Analysis
- 13.4.5 Key Strategy
- 13.5 Eaton Corporation Plc
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategy
- 13.6 Oracle
- 13.6.1 Company Overview
- 13.6.2 Financial Overview
- 13.6.3 Products Offered
- 13.6.4 Key Developments
- 13.6.5 Swot Analysis
- 13.6.6 Key Strategy
- 13.7 Black Box
- 13.7.1 Company Overview
- 13.7.2 Financial Overview
- 13.7.3 Products Offered
- 13.7.4 Key Developments
- 13.7.5 Swot Analysis
- 13.7.6 Key Strategy
- 13.8 Schneider Electric
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategy
- 13.9 Dell Inc.
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategy
- 13.10 Samsung Electronics
- 13.10.1 Company Overview
- 13.10.2 Financial Overview
- 13.10.3 Products Offered
- 13.10.4 Key Developments
- 13.10.5 Swot Analysis
- 13.10.6 Key Strategy
- 13.11 Data Citations
- List Of Tables
- Table 1 Messages From The Management:
- Table 2 Qfd Modeling For Market Share Assessment
- Table 3 Global Data Center Rack, By Component, 2019-2032 (Usd Million)
- Table 4 Global Data Center Rack, By Component, 2019-2032 (Thousand Units)
- Table 5 Global Data Center Rack, By Rack Type, 2019-2032 (Usd Million)
- Table 6 Global Data Center Rack, By Rack Type, 2019-2032 (Thousand Units)
- Table 7 Global Data Center Rack, By Size, 2019-2032 (Usd Million)
- Table 8 Global Data Center Rack, By Size, 2019-2032 (Thousand Units)
- Table 9 Global Data Center Rack, By Height, 2019-2032 (Usd Million)
- Table 10 Global Data Center Rack, By Height, 2019-2032 (Thousand Units)
- Table 11 Global Data Center Rack, By Industry, 2019-2032 (Usd Million)
- Table 12 Global Data Center Rack, By Industry, 2019-2032 (Thousand Units)
- Table 13 Global Data Center Rack Market, By Region, 2019-2032 (Usd Millions)
- Table 14 Global Data Center Rack Market, By Region, 2019-2032 (Thousand Units)
- Table 15 North America Data Center Rack, By Country, 2019-2032 (Usd Million)
- Table 16 North America Data Center Rack, By Country, 2019-2032 (Thousand Units)
- Table 17 North America Data Center Rack, By Component, 2019-2032 (Usd Million)
- Table 18 North America Data Center Rack, By Component, 2019-2032 (Thousand Units)
- Table 19 North America Data Center Rack, By Rack Type, 2019-2032 (Usd Million)
- Table 20 North America Data Center Rack, By Rack Type, 2019-2032 (Thousand Units)
- Table 21 North America Data Center Rack, By Size, 2019-2032 (Usd Million)
- Table 22 North America Data Center Rack, By Size, 2019-2032 (Thousand Units)
- Table 23 North America Data Center Rack, By Height, 2019-2032 (Usd Million)
- Table 24 North America Data Center Rack, By Height, 2019-2032 (Thousand Units)
- Table 25 North America Data Center Rack, By Industry, 2019-2032 (Usd Million)
- Table 26 North America Data Center Rack, By Industry, 2019-2032 (Thousand Units)
- Table 27 Us Data Center Rack, By Component, 2019-2032 (Usd Million)
- Table 28 Us Data Center Rack, By Component, 2019-2032 (Thousand Units)
- Table 29 Us Data Center Rack, By Rack Type, 2019-2032 (Usd Million)
- Table 30 Us Data Center Rack, By Rack Type, 2019-2032 (Thousand Units)
- Table 31 Us Data Center Rack, By Size, 2019-2032 (Usd Million)
- Table 32 Us Data Center Rack, By Size, 2019-2032 (Thousand Units)
- Table 33 Us Data Center Rack, By Rack Height, 2019-2032 (Usd Million)
- Table 34 Us Data Center Rack, By Rack Height, 2019-2032 (Thousand Units)
- Table 35 Us Data Center Rack, By Industry, 2019-2032 (Usd Million)
- Table 36 Us Data Center Rack, By Industry, 2019-2032 (Thousand Units)
- Table 37 Canada Data Center Rack, By Component, 2019-2032 (Usd Million)
- Table 38 Canada Data Center Rack, By Component, 2019-2032 (Thousand Units)
- Table 39 Canada Data Center Rack, By Rack Type, 2019-2032 (Usd Million)
- Table 40 Canada Data Center Rack, By Rack Type, 2019-2032 (Thousand Units)
- Table 41 Canada Data Center Rack, By Size, 2019-2032 (Usd Million)
- Table 42 Canada Data Center Rack, By Size, 2019-2032 (Thousand Units)
- Table 43 Canada Data Center Rack, By Height, 2019-2032 (Usd Million)
- Table 44 Canada Data Center Rack, By Height, 2019-2032 (Thousand Units)
- Table 45 Canada Data Center Rack, By Industry, 2019-2032 (Usd Million)
- Table 46 Canada Data Center Rack, By Industry, 2019-2032 (Thousand Units)
- List Of Figures
- Figure 1 Global Data Center Rack Market: Executive Summary
- Figure 2 Global Data Center Rack Market: Structure
- Figure 1 Global Data Center Rack Market: Market Growth Factor Analysis (2019-2032)
- Figure 2 Driver Impact Analysis (2019-2032)
- Figure 3 Restraint Impact Analysis (2019-2032)
- Figure 4 Supply Chain Analysis: Data Center Rack Market
- Figure 5 Global Data Center Rack, By Component, Segment Attractiveness, (Usd Million)
- Figure 6 Global Data Center Rack, By Component, 2023 (% Share)
- Figure 7 Global Data Center Rack, By Rack Type, Segment Attractiveness, (Usd Million)
- Figure 8 Global Data Center Rack, By Rack Type, 2023 (% Share)
- Figure 9 Global Data Center Rack, By Size, Segment Attractiveness, (Usd Million)
- Figure 10 Global Data Center Rack, By Size, 2023 (% Share)
- Figure 11 Global Data Center Rack, By Height, Segment Attractiveness, (Usd Million)
- Figure 12 Global Data Center Rack, By Height, 2023 (% Share)
- Figure 13 Global Data Center Rack, By Industry, Segment Attractiveness, (Usd Million)
- Figure 14 Global Data Center Rack, By Industry, 2023 (% Share)
- Figure 15 Global Data Center Rack, By Region, 2023 (% Share)
- Figure 16 North America Market Analysis: Data Center Rack Market, 2019-2032(Usd Million)
- Figure 17 North America Data Center Rack, By Country, 2023 (% Share)
- Figure 18 Europe Market Analysis: Data Center Rack Market, 2019-2032(Usd Million)
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