Global Data Centre Cabinets Rack Market - 2021-2028

Global Data Centre Cabinets Rack Market - 2021-2028

Market Overview

The Global Data Center Cabinets Rack Market is Expected to reach at a CAGR of XX% during the forecast period (2021-2028).

A data center cabinet rack is physical steel and electrical framework with removable front and back doors, side panels, and four adjustable vertical mounting rails. It is made to house servers, networking devices, cables, and other data center computing hardware. It is also known as Rack enclosures. The front and rear doors are usually vented to provide sufficient circulation through mounted equipment from the front to the back.

Market Dynamics

The increasing need for IoT has led to the adoption of data-intensive applications to drive the data center cabinets rack market. However, lack of room compared to open frame racks is expected to restrain the market.

The increasing need for IoT has led to the adoption of data-intensive applications is expected to drive the data center cabinets rack market

The growing number of high smartphone penetration, internet users, increased social media usage, rising acceptance of cloud services and the necessity for businesses to shift from server room environments to data centers are the major drivers in the data center cabinets market. In November 2021, SynchroKnot released a new software product called virtual system on chip (vSoC), which is anticipated to change people's perception of cloud computing, edge computing, data centers and the IoT. According to a media report, the program is intended to lower the cost of data center hardware infrastructure, cooling and software licensing by 30-50 times.

Furthermore, 5G deployment has begun in several nations globally, which will significantly impact the industry as telecommunication companies collaborate with data center service providers to construct edge data centers. The rising demand for services from developing countries is projected to fuel the retail market.

Lack of room in comparison to open frame racks are expected to restraint the market

Standard data center cabinets racks do not have much room for cabling as open frame racks. There may be extra wider cabinets or cabinets configured without doors or side panels for open frame applications requiring higher weight capacities. Because of less room availability, the data center cabinets rack cannot be utilized for network wiring closets and distribution frame purposes with high-density cabling. They cannot give convenient access to cable management.

COVID-19 Impact Analysis

Due to the global coronavirus outbreak, cloud computing, APIs, microservices and blockchain are expected to become increasingly frequently employed in digital banking systems. As a result, data centers will certainly see much expansion in the financial and banking industries. The market will increase significantly in 2021, owing to the rising demand for data traffic management across various industrial verticals. Corporations and academic institutions' rapid use of remote working and e-learning technologies will boost demand for high-performance data center rack and enclosure solutions for equipment housing.

Segment Analysis

Based on rack height, the data center cabinets rack market is segmented into 42U and below, 43U up to 53U and above 53U.

Data center cabinets rack height is one of the popular ways to classify a server. The rack is labeled by its specific height, such as 42U server racks. The U in 42U stands for rack units or U-spaces, which equal 1.75 inches. 42U and 48U are the standard height since they are small enough to access equipment easily and large enough to allow room for growth.

Therefore, the 42U rack is compatible with most servers and networking equipment. On the other hand, rack height below 42U is considered for rack enclosures such as 22U and 27U racks. They are known as half-rack. At the same time, they can be as small as 5U and on-standard, such as 18U or 37U.

Companies operating in the global data center cabinets rack market are innovating new solutions to cater to the demand rising from end-use industries and are focusing on new products. For instance, in May 2021, Vertiv Group Corp, an American company, launched a pre-assembled micro data center system called VRC-S. It is available in 42 or 48U, designed for the Edge or small IT sites. It is a very efficient plug-and-play solution that is portable to the location with integrated UPS. It powers both the in-rack cooling and backup ventilation and the power distribution for IT assets.

Geographical Analysis

The data center cabinets rack market is segmented into North America, Europe, South America, Asia-Pacific and Middle East & Africa based on geography.

In Europe, the demand for data centers increased significantly due to the coronavirus pandemic, with most of the region's workforce shifting to remote working. The demand for digital services led to effective utilization of existing data center space and drove service providers' revenues in 2020. Hyper-scale providers continue to dominate using ODM solutions through their self-built facilities and collocated cloud regions across Europe. The rising Greenfield modular data center investments will contribute to the Europe data center colocation market.

Moreover, the Europe market is witnessing increasing investments from operators through mergers and acquisitions and joint ventures. For instance, in September 2021, Google announced its plan to expand its operations in Germany with US$ 1,180 million worth of investments in new data centers in the country. The company aims to expand its Cloud Region in Frankfurt in a new Google-owned Hanau facility and launch a new region in Berlin-Brandenburg.

Competitive Landscape

The global data center cabinets rack market is highly competitive with the increasing IoT and cloud services, resulting in high investment by multinational and local companies. Further, the major players contributing to the market's growth are Vertiv Group Corp., Eaton, Rittal GmbH & Co. KG, Innovation First Global, Inc., Dell Technologies, Schneider Electric, Oracle, Legrand, Sysracks.com and GOMA ELETTRONICA SpA, among others. In addition, the players are adopting growth strategies such as acquisitions, product launches and collaborations, contributing to the market growth globally.

Vertiv Group Corp.

Overview: Vertiv Group Corp. is a U.S.-based global company specializing in providing data centers equipment and services. It is headquartered in Ohio, U.S. The company offers its products and services under the following brands: Alber, Avocent, E+I EngineeringGroup, Geist, Liebert and NetSure.

Product Portfolio: Vertiv Group Corp. offers the Vertiv Knürr Smaract Compact Rack, an innovative and practical 19 enclosure that is highly adaptable and efficient while taking up very little space. At the same time, it allows for easy integration and modular growth, resulting in a diverse set of comprehensive solutions.

Key Development:

In May 2021, Vertiv Group Corp. launched a pre-assembled micro data center system called VRC-S. It is available in 42 or 48U, designed for the Edge or small IT sites.

Why Purchase the Report?

Visualize the composition of the data center cabinets rack market segmentation by component, rack width, rack height, data center size, end-user and region, highlighting the key commercial assets and players.

Identify commercial opportunities in the data center cabinets rack market by analyzing trends and co-development deals.

Excel data sheet with thousands of data points of data center cabinets racks market-level 4/5 segmentation.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for the key product of all major market players

The global data center cabinets rack market report would provide access to an approx. 77 market data tables, 76 figures and 180 pages.

Target Audience

Banking, Financial Services and Insurance (BFSI) Companies

IT Companies

Cloud Computing Services

Traders, Distributors and Suppliers of Data Centre Rack

Investment Research Firms