Introduction to Data Center Rack
Data center rack are referred to all those rack types which are meant to provide equipment placement and orchestration within a data center facility. This physical structure, which is usually composed of physical steel and electronic framework, provides house to servers, networking devices, cables and data center computing equipment among others.
Data center rack also holds other components, for instance, networking equipment, telecommunication equipment, cooling systems and UPS among others. These structures are created using a systematic design and are generally fabricated with slots for connecting electrical, networking and internet cables.
Market Size and Forecast
The global data center rack market is observing vibrant growth on account of the growing data center service providers, rising data center colocation and the increasing adoption of data centers across end users on the back of rising internet traffic across the globe. According to International Energy Agency (IEA), global internet traffic has tripled since 2015, and is further expected to double by 2022 to 4.2 zettabytes per year. Additionally, the number of mobile internet users is expected to increase from 3.6 billion in the year 2018 to 5 billion by 2025, and, IOT connections is expected to triple from 7.5 billion in 2018 to over 25 billion by 2025. The statistics also portray the increasing workloads on data centers, which is anticipated to create the demand for organized structures, such as data center racks, for greater efficiency and maintenance of these devices. In another statistical report by the IEA, data center workload globally is estimated to increase from 138 units (2015 = 100) in the year 2016 to 519 units (2015 = 100) in the year 2021, with a growth of 3.76x. CLICK TO DOWNLOAD SAMPLE REPORT
The market is anticipated to record a CAGR of around 6.10% throughout the forecast period, 2019-2027. The global data center rack market is segmented by type into server rack and network rack, out of which, server rack is anticipated to hold the largest market share on account of growing deployment of servers across the globe which is raising the need for proper server storage systems amongst the enterprises so as to enhance their infrastructure and make greater efficiency of the limited storage space available in the premises.
Growth Drivers
Rising Data Center Service Industry
The data center service market is anticipated to garner a CAGR of 14.69% over the forecast period. Data centers are important to all those enterprises who are operating their businesses in the present borderless world. Data centers help enterprises in hosting mission-critical application for both private and public platforms by streamlining information and providing easy access to users and customers. Moreover, with the changing technology and the adoption of high density servers, enterprises are providing greater importance in rack infrastructure. Additionally, rising need for effectively hosting servers, managing cables and facilitation of air flow so as to ensure optimum performance of data centers, coupled with increasing demand for technology services across organizations and the increasing investments from major companies for the deployment of data centers around the world, all of these factors are anticipated to promote significantly towards the data center rack market during the forecast period.
Growing Need To Increase Efficiency Of Data Centers
Although the global data center industry is anticipated to grow multifold in the coming years, there is a rising concern regarding the energy consumption by the data servers across the globe. According to IEA, the world is becoming increasingly digitalized, and data centers and data transmission networks are emerging as an important source demanding about 1% electrical energy of global electricity demand. Moreover, energy consumption by servers globally is estimated to grow from 88.4 TWh in the year 2015 to 109.1 TWh in the year 2021.
With the growing consumption of data across the globe, the IT infrastructure for data centers will gradually shift from small and inefficient data centers towards much larger cloud and hyperscale data centers, thereby demanding greater energy efficient data center racks, which are capable enough to handle such large load and further facilitate the air flow system required for optimum performance of these devices.
Restraints
Weight Management of Servers
Data center devices vary in size and shape as well as in their weights. With the dynamic advancement in technology, and frequent changes in device models, technicians observe difficulties in managing the weight per square meter, which is anticipated to act as a barrier to the growth of the global data center rack market.
Market Segmentation
Our in-depth analysis of the global data center rack market includes the following segments:
By Type
- Server Rack
- Network Rack
By Rack Units
- Small
- Medium
- Large
By End User
- BFSI
- Information and Technology
- Manufacturing
- Retail
- Others
By Region
On the basis of regional analysis, the global data center rack market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Asia-Pacific is expected to hold the largest market on the back of increasing data traffic and the growing need for the deployment of energy efficient data centers. Moreover, the region is witnessing a rise in the digitization of processes, for instance, the Digital India, Make in India, Smart Cities project and others in India. Furthermore, increasing investments from nations such as China, India, Singapore and others for cloud data centers is also anticipated to contribute significantly towards the growth of the market in the region.
The global data center rack market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.
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