Global Data Centre Rack Market Size, Share, Development, Growth and Demand Forecast 2021 to 2030

In a recently published report, Global Data Centre Rack Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Data Centre Rack Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Data centers need secure facilities because of the sensitive data they hold. The basic blocks of a data center are the racks used and organizations design their server room around them. Organizations need to be clear about the rack frame and unit in order to optimize the space of the data center. They can also plan about the cabling, power and cooling system effectively. With the advancements in the rack security measures, organizations can rent out the data center space and reduce the operating costs. Constant advancements in the rack market make it more diverse providing a lot of options to the organizations.

The prime users of this rack market are the organizations with data centers. They utilize the advancements in the rack technology to optimize the overall efficiency of the data center.

Market Dynamics
Building of new data centers and upgrading the current ones are one of the prime drivers of this market. The advancements in providing rack level security really have an impact on this market. Building private racks with biometric and cam security and renting them out to reduce the maintenance costs also contribute to the rack market growth. Other advancements such as provision for cooling, cable and power management also contribute to the market. The technical and operational advancements provided by some of the key players in this market improve the efficiency of the data center and this alone drives the organizations towards the key players in the market. Low awareness of the type of solutions provided hampers the growth of this market.

Market Segmentation
The market is segmented based on the size of the data center (small, medium, large), type of frame design used (Open, closed and customized), rack unit (36U, 42U, 45U and 48U), type of services provided (Managed security services, Security Consulting, Professional services).

Regional/Geographic Analysis
North America dominates the rack market and occupies a major chunk of this market. The prime reason is the number of data centers. It is followed by Europe. The trend of this market in the economic development countries of Asia Pacific region is in a positive way due to the increase in awareness of data security paving way for construction of new data centers.

The market also throws up several opportunities when there is an up gradation of the data center or a new data center is getting built. The opportunities are created by the players in the market by showing advancements in providing rack level security and other operational advancements such as cooling and cable management. Entry of new players in to the market is really difficult owing to the high fixed costs.

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Key Players
Some of the major players in the market include Dell, Eaton Corporation, Fujitsu, Hewlett-Packard, Rittal Corporation and Sharkrack.

Report ContentsRegional AnalysisReport Highlights
Global Market segments

Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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Kenneth Research
Email : sales@kennethresearch.com
Phone: +1 313 462 0609

Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

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