Data Center Rack Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	120 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260747

Best Price Guarantee
Price	from $4,850
Length	120 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260747

Data Center Rack Market

Growth Factors of Data Center Rack Market

The data center rack market size was valued at USD 5.73 billion in 2023, and the market is now projected to grow from USD 6.21 billion in 2024 to USD 13.80 billion by 2032, exhibiting a CAGR of 10.5% during the forecast period of 2024-2032.

The shifting conventional working system to work from home during pandemic has propelled the data center rack market growth. The travel restriction has amplified the utilization of social media and online streaming. The rapid preference for remote working has increased demand for these services.

The data center rack market share globally has increased due to the growing number of data center facilities. It can efficiently manage vast amounts of information generated from digital services. Businesses and organizations enlarge capacities to store and process data. The escalating demand for data storage and processing capability are fueling the market expansion.

The trend of rising adoption of high-density and modular rack designs. It is impelling the market growth. Computer room operators are increasingly implementing the high-density racks to have room for more computing power in smaller footprints. The necessity for energy efficiency and space optimization in hyperscale data processing centers are encouraging market expansion.

Comprehensive Analysis of Data Center Rack Market

The data center rack market and information & communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the information & communication technology industry. These segmentations are methodically segregated by types of rack type, data center size, rack height, and industry. The rack types include cabinets/enclosed racks and open frame racks. The data center size involves small and mid-sized data centers and large data centers. The rack height includes 40U and below, 41U up to 50U, and above 51U. The industries are BFSI, Retail, IT & telecom, government, healthcare, and others.

The North American region is conducive to the global data center rack market, leading to a recall of USD 2.17 billion because of the rapid acceptance of AI applications across various fields and strong technology investment activity initiated by government funding and support.

The top players in the market play a crucial role in the information & communication technology industry assuring industrial prospectus growth and setting market standards. These players include Schneider Electric SE (France), Vertiv Group Corp. (U.S.), Eaton Corporation plc (Ireland), Cyber Power Systems, Inc. (Taiwan), Vertiv Group Corp. (U.S.), Legrand S.A. (France), nVent Electric plc (U.K.), Hewlett Packard Enterprise Development LP (U.S.), Rittal GmbH & Co. KG (Germany), Dell Technologies Inc. (U.S.), and FUJITSU Limited (Japan), these market players provide a level-playing competitive landscape.

In August 2023, Cyber Power Systems, Inc. announced the redesign of their line of spacing-saving server racks and rack accessories to lighter and smaller models. The new server racks line includes CR42U11001. It is a 42U free standing server rack, and three wall-mount rack models in various sizes from 6U to 12U.

Global Data Center Rack Market Scope

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019 – 2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024 – 2032

Historical Period 2019 – 2022

Growth Rate CAGR of 10.5% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Rack Type

Cabinets/Enclosed Racks

Open Frame Racks

By Data Center Size

Small and Mid-sized Data Centers

Large Data Centers

By Rack Height

40U and Below

41U up to 50U

Above 51U

By Industry

BFSI

Retail

IT & Telecom

Government

Healthcare

Others (Education and Media & Entertainment)

By Region

North America

U.S. (By Industry)
Canada (By Industry)
Mexico (By Industry)

South America

Brazil (By Industry)
Argentina (By Industry)
Rest of South America

Europe

U.K. (By Industry)
Germany (By Industry)
France (By Industry)
Italy (By Industry)
Spain (By Industry)
Russia (By Industry)
Benelux (By Industry)
Nordics (By Industry)
Rest of Europe

Middle East & Africa

Turkey (By Industry)
Israel (By Industry)
GCC (By Industry)
North Africa (By Industry)
South Africa (By Industry)
Rest of Middle East & Africa

Asia Pacific

China (By Industry)
Japan (By Industry)
India (By Industry)
South Korea (By Industry)
ASEAN (By Industry)
Oceania (By Industry)
Rest of Asia Pacific

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of Generative AI
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Data Center Rack Key Players Market Share/Ranking, 2023
5. Global Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Rack Type (USD); 5.2.1. Cabinets/Enclosed Racks; 5.2.2. Open Frame Racks; 5.3. By Data Center Size (USD); 5.3.1. Small and Mid-sized Data Centers; 5.3.2. Large Data Centers; 5.4. By Rack Height (USD); 5.4.1. 40U and Below; 5.4.2. 41U up to 50U; 5.4.3. Above 51U; 5.5. By Industry (USD); 5.5.1. BFSI; 5.5.2. Retail; 5.5.3. IT & Telecom; 5.5.4. Government; 5.5.5. Healthcare; 5.5.6. Others (Education, Media & Entertainment, etc.); 5.6. By Region (USD); 5.6.1. North America; 5.6.2. South America; 5.6.3. Europe; 5.6.4. Middle East & Africa; 5.6.5. Asia Pacific
6. North America Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Rack Type (USD); 6.2.1. Cabinets/Enclosed Racks; 6.2.2. Open Frame Racks; 6.3. By Data Center Size (USD); 6.3.1. Small and Mid-sized Data Centers; 6.3.2. Large Data Centers; 6.4. By Rack Height (USD); 6.4.1. 40U and Below; 6.4.2. 41U up to 50U; 6.4.3. Above 51U; 6.5. By Industry (USD); 6.5.1. BFSI; 6.5.2. Retail; 6.5.3. IT & Telecom; 6.5.4. Government; 6.5.5. Healthcare; 6.5.6. Others; 6.6. By Country (USD); 6.6.1. United States; 6.6.1.1. By Industry; 6.6.2. Canada; 6.6.2.1. By Industry; 6.6.3. Mexico; 6.6.3.1. By Industry
7. South America Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Rack Type (USD); 7.2.1. Cabinets/Enclosed Racks; 7.2.2. Open Frame Racks; 7.3. By Data Center Size (USD); 7.3.1. Small and Mid-sized Data Centers; 7.3.2. Large Data Centers; 7.4. By Rack Height (USD); 7.4.1. 40U and Below; 7.4.2. 41U up to 50U; 7.4.3. Above 51U; 7.5. By Industry (USD); 7.5.1. BFSI; 7.5.2. Retail; 7.5.3. IT & Telecom; 7.5.4. Government; 7.5.5. Healthcare; 7.5.6. Others; 7.6. By Country (USD); 7.6.1. Brazil; 7.6.1.1. By Industry; 7.6.2. Argentina; 7.6.2.1. By Industry; 7.6.3. Rest of South America
8. Europe Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Rack Type (USD); 8.2.1. Cabinets/Enclosed Racks; 8.2.2. Open Frame Racks; 8.3. By Data Center Size (USD); 8.3.1. Small and Mid-sized Data Centers; 8.3.2. Large Data Centers; 8.4. By Rack Height (USD); 8.4.1. 40U and Below; 8.4.2. 41U up to 50U; 8.4.3. Above 51U; 8.5. By Industry (USD); 8.5.1. BFSI; 8.5.2. Retail; 8.5.3. IT & Telecom; 8.5.4. Government; 8.5.5. Healthcare; 8.5.6. Others; 8.6. By Country (USD); 8.6.1. United Kingdom; 8.6.1.1. By Industry; 8.6.2. Germany; 8.6.2.1. By Industry; 8.6.3. France; 8.6.3.1. By Industry; 8.6.4. Italy; 8.6.4.1. By Industry; 8.6.5. Spain; 8.6.5.1. By Industry; 8.6.6. Russia; 8.6.6.1. By Industry; 8.6.7. Benelux; 8.6.7.1. By Industry; 8.6.8. Nordics; 8.6.8.1. By Industry; 8.6.9. Rest of Europe
9. Middle East & Africa Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Rack Type (USD); 9.2.1. Cabinets/Enclosed Racks; 9.2.2. Open Frame Racks; 9.3. By Data Center Size (USD); 9.3.1. Small and Mid-sized Data Centers; 9.3.2. Large Data Centers; 9.4. By Rack Height (USD); 9.4.1. 40U and Below; 9.4.2. 41U up to 50U; 9.4.3. Above 51U; 9.5. By Industry (USD); 9.5.1. BFSI; 9.5.2. Retail; 9.5.3. IT & Telecom; 9.5.4. Government; 9.5.5. Healthcare; 9.5.6. Others; 9.6. By Country (USD); 9.6.1. Turkey; 9.6.1.1. By Industry; 9.6.2. Israel; 9.6.2.1. By Industry; 9.6.3. GCC; 9.6.3.1. By Industry; 9.6.4. North Africa; 9.6.4.1. By Industry; 9.6.5. South Africa; 9.6.5.1. By Industry; 9.6.6. Rest of MEA
10. Asia Pacific Data Center Rack Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Rack Type (USD); 10.2.1. Cabinets/Enclosed Racks; 10.2.2. Open Frame Racks; 10.3. By Data Center Size (USD); 10.3.1. Small and Mid-sized Data Centers; 10.3.2. Large Data Centers; 10.4. By Rack Height (USD); 10.4.1. 40U and Below; 10.4.2. 41U up to 50U; 10.4.3. Above 51U; 10.5. By Industry (USD); 10.5.1. BFSI; 10.5.2. Retail; 10.5.3. IT & Telecom; 10.5.4. Government; 10.5.5. Healthcare; 10.5.6. Others; 10.6. By Country (USD); 10.6.1. China; 10.6.1.1. By Industry; 10.6.2. India; 10.6.2.1. By Industry; 10.6.3. Japan; 10.6.3.1. By Industry; 10.6.4. South Korea; 10.6.4.1. By Industry; 10.6.5. ASEAN; 10.6.5.1. By Industry; 10.6.6. Oceania; 10.6.6.1. By Industry; 10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players: 11.1. Schneider Electric SE; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Vertiv Group Corp.; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Eaton Corporation plc; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Cyber Power Systems, Inc.; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Recent Developments; 11.5. Legrand S.A.; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Business Segment Share; 11.5.2.4. Recent Developments; 11.6. nVent Electric plc; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Hewlett Packard Enterprise Development LP; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.8. Rittal GmbH & Co. KG; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Current Revenue; 11.8.2.3. Recent Developments; 11.9. Dell Technologies Inc.; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. FUJITSU Limited; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share
12. Key Takeaways