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A rack server also called as a rack mount server is a type of hardware which is installed in a certain framework which is downright horizontal instead of upright tower server system. This enables the servers to execute and manage an enterprise application or serve as data center. A single rack comprises of several servers stacked over one another making a joint network resource which minimizes the floor space. The global data center rack market is anticipated to grow at the CAGR of 11% during the forecast period 2016-2023. The market generated the revenue of $1.6 Billion in 2015 and is anticipated to reach up to $3.32 Billion by 2023. The key factors driving the market include:
The increase in demand for high density servers is due to the benefits associated with it such as cost effectiveness, minimum respond time, and long term savings.
Expansion of infrastructural market, infrastructural upgradation in data center, high investment and high density server environment helps to drive the global data center rack market. The increasing internet of things market helps to accelerate the global data center rack market. It is projected that the amount of joined devices globally will rise from $15 billion in 2016 to 50 billion by 2020. It is estimated that the expenditure on internet of things devices and services will rise from $656 billion in 2014 to $1.7 trillion in 2020. However, some of the major factors that restraint the growth of global data center rack market are reduction of shipments of rack, decline in demand of server hardware due to consolidation and virtualization and interoperability issues. Blade servers, micro servers and HVAC for highly dense environment are some of the challenges that the global data center rack market faces. In spite of restraining factors and challenges, the global data center rack market still has opportunities such as increasing trend of customized racks and need for seismic cabinets for critical environment.
Source: OBRC Analysis
The global data center rack market is segmented into rack units, frame design, frame size, services, vertical and end-users. Rack units are further segmented into:
Frame design is sub-segmented into:
Frame size is sub-segmented into:
Service is sub-segmented into:
Vertical is sub-segmented into:
End-user is sub-segmented into:
The revenue for the above verticals and end-user segments are specific to the data center rack market. However, the total revenue of these verticals and end-users in general has been excluded from the scope of the report. Moreover, the total market has been calculated by summing up rack unit, frame size, frame design and service segments and excluded other than these segments for calculating data center rack market revenue share.
Geographically, the global data center rack market is segmented into:
North America holds the largest share followed by Europe. Increasing popularity of high density data centers and the need to decrease the power consumption of data center infrastructure are major factors contributing to the growth of data center rack market in North America. Asia Pacific has the fastest growing rate during the forecast period, due to high technological adoption rates and rising number of new data center.
The major market players of the global DATA CENTER rack market are:
Detailed analysis of these companies provided in this report comprises of overview, SCOT analysis, product portfolio, strategic initiative and strategic analysis.
These companies use various strategies such as mergers & acquisitions, collaboration, partnership and product launching. For example, in May 2017, Cisco acquired Viptela a software company to increase the product portfolio of the company. Eaton launched new solutions and innovative products applicable to data centers to offer the solutions for making businesses smoother with low cost.
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This report will:
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At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global data center rack market offers the longest chain of market segmentation covering major market segmentation based on rack unit and frame size. The report tracks the major market trends in the global data center rack market such as technological advancement, high density server environment and so on. For each market segments covered in global data center rack report, we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the data center rack, with giving extensive strategy analysis of more than 15 companies. Moreover, the report discusses various models such as 360degree analysis, See Saw analysis, and Porter’s five force model and so on. For high level analysis in the report we provide a comparative analysis of historic and current year data.
Key findings of the global data center rack market: