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Data Center Rack Market worth $2.7 billion by 2019
The report “Data Center Rack Market by Rack unit (36U, 42U, 45U & 48U and others), by Frame design (Open Frame, Enclosed and customized), by Frame size (19 inch and others), by Service, by End User, by Verticals and by Regions - Global Forecast to 2019”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Browse 71 market data tables and 51 figures spread through 140 pages and in-depth TOC on “Data Center Rack Market by Rack unit (36U, 42U, 45U & 48U and others), by Frame design (Open Frame, Enclosed and customized), by Frame size (19 inch and others), by Service, by End User, by Verticals and by Regions - Global Forecast to 2019”
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This report studies the global data center rack market during the forecast period from 2014 to 2019. The market is expected to reach $2.7 billion by 2019, at a CAGR of 10.9% from 2014 to 2019.
MarketsandMarkets broadly segments the Data Center Rack Market by frame design: open frame, enclosed and customized; by frame size: 19 inch and others; by rack unit: 36U, 42U, 45U & 48U and others; by service: consulting services, installation & support services and professional services; by vertical into: telecom and IT, Banking, Financial Services, and Insurance (BFSI), government, public sector, media & entertainment, retail, manufacturing, healthcare, and others; by region into: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by end user into: small and medium size organization and large size organization.
The companies are designing data centers selecting the ideal racks for their needs and designing the server room around them. This help in avoiding optimal usage of support facilities such as power and cooling resources. The companies are installing the efficient infrastructure for the enclosure hardware in their data centers. The rising trend of adoption of non-standard racks is mainly driven by the need to pack more servers into data center infrastructure, improve airflow management and fit more cabling into rack systems.
As of 2014, North America is estimated to hold the largest share of the global Data Center Rack Market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 14.6% from 2014 to 2019. A number of factors including energy efficiency, developing economies such as China and India, and new data centers are stimulating the growth of the data center rack market in the Asia-Pacific region.
Hewlett Packard (U.S.), Dell (U.S.), IBM (U.S.), Eaton (Ireland), Emerson Network (U.S.), Schneider Electric (France), and Rittal (Germany) are some of the key players in the global data center rack market.
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