The New Zealand data center rack market reached a volume of over 20,000 in the previous year, and it is further projected to register a CAGR of 10.6% during the forecast period. The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country/region.
The upcoming DC construction projects in the country will increase the demand for Data Center Racks in the coming years. The New Zealand Data Center Rack Market is moderately consolidated with a few major players, such as Eaton Corporation, Black Box Corporation, Schneider Electric SE, and Vertiv Group Corp., in the market. These major players, with a prominent market share, focus on expanding their regional customer base.
In May 2023, NextDC planned for new data center developments in New Zealand, Malaysia, and Japan. The company has named its planned New Zealand data center as AK1, situated in central Auckland.
In October 2022, Eaton announced the release of its new Open Compute Project (OCP) open rack v3 (ORV3) compatible solutions. It was purpose-built and preconfigured, focusing on the efficient, scalable delivery of critical power for their data center facilities seeking to deploy ORV3 racks. The rack featured extra-wide and extra-deep cabinets; the open rack enclosure supports hybrid mounting equipment and two locking-colocation compartments.
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