The Global Data Center Racks Market is expected to grow at a CAGR of 7.8% from 2019 to 2026. Asia-Pacific accounts for the major share in the global data center rack market. Data centers have witnessed growth driven by increasing dependence and spending on cloud technologies.
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Market Introduction and Market Dynamics
Increase in expenditure on cloud computing and growing deployment of data centers around the world is the major factors supplementing the growth of the market. Moreover, with changing technologies and the adoption of high density servers, rack infrastructure has become an important aspect in data centers. Further, continuous launch of new and improved technologies is expected to provide new business opportunities for key players in the near future.
Market Segmentation & Crisp Analysis
The global Data Center Rack Market is segmented into rack units, end user, and geography. By rack units, the market is segmented into small, medium, and large. The end user segment comprises BFSI, IT & Telecom, manufacturing, retail, and others. By geography, the market is covered under various distinct geographical regions such as North America, Europe, Asia- Pacific, and Rest of the World. The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers Western Europe and Eastern Europe. China, India, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, and the Middle East & Africa.
Manufacturers’ Competitive Analysis
The top players operating in the market are frequently investing on research & development and are planning to increase their presence in the untapped emerging economies. Major companies operating in the Data Center Rack Market are Hewlett Packard, Dell, IBM, Eaton, Emerson Network, Schneider Electric, Rittal, Fujitsu, Huawei, and Hitachi.
Scope of the Report
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segment as well as cross sectional analysis of the segments including the geographies and its countries. Key companies operating in this market and their company profile along with market share analysis and competitive scenario is also part of the report. Furthermore, the client information from different industries from the point of view of manufactures has been provided in this report. The data of revenue share, shipment, gross profit, net income have also been included to give the better understanding of the competitors in the Data Center Rack Market.
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