Data Center Rack Market Size, Trends and Insights By Rack Type (Open Frame Rack, Cabinet, Others), By Rack Height (Below 42 U, 42 U, Above 42 U), By Data Center Size (Large Data Centers, Small Data Centers, Mid-sized Data Centers), By End Users (BFSI, Government & Defence, Healthcare, IT & Telecom, Energy, Retail, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
The Global Data Center Rack Market was valued at USD 5,344.3 million in 2024 and is expected to reach USD 12,031.5 million by 2033, at a CAGR of 9.25% during the forecast period 2024 – 2033.
A Data Center Rack is a physical structure composed of various components, such as physical steel and electronic framework. These data center racks are designed to protect house servers, networking devices, cables, and other data center computing equipment. The data rack neatly fits various IT equipment and components into the metal framework, helping to keep them organized and safely off the floor.
Data Center Rack Market: Growth Factors
Various Benefits of Data Center Racks
The growing number of data centers and increasing investment in them due to the increasing prevalence of data breach incidences are creating the need for effective and organized management of data center structures.
The data racks are open from all sides. It has no side panels, walls, or doors, and they allow a continuous air flow. A data center rack will provide sufficient air to flow to the servers and other data center equipment. This consistent air flow helps reduce the temperatures in the data centers, preventing damage that extreme temperatures might otherwise cause. Also, it helps to keep the servers running at optimal speeds.
Data center racks are physical structures composed of various components, such as physical steel and electronic framework. Thus, these racks keep hardware and data center equipment in their positions and also organize wiring.
These racks allow data wires to be tidied neatly and uniformly, helping technicians and server managers find the appropriate wire and equipment when needed. Data center racks keep all the servers and wires neat and tidy and provide easier access to servers when needed.
Due to such organized and neat arrangements, it becomes very easy for server managers and technicians to access individual servers without having to climb over other equipment. It is also much easier to physically remove and replace individual servers when needed. Thus, the above-mentioned benefits of the data center rack are expected to drive its adaptation during the forecast period.
Increase in the Number of Data Centers Across the Globe
The growing digitization across various end-use industries and the increasing implementation of emerging technologies are generating a vast amount of data, thereby increasing the establishment of data centers and data center racks.
Various factors, such as increasing implementation of cloud solutions, growing adaption and development of various emerging technologies by end-use industries, growing adaption of various technological innovations, and rapidly expanding digitalization industry across the various business verticals, are boosting the establishment of data centers across the globe, thereby creating the demand for data center racks.
For instance, as of July 2024, India has established about 152 data centers. Mumbai has 37, and Bengaluru has 21. The number of data centers in India is expected to grow exponentially in the next couple of years due to growing investment and supportive government policies.
Data centers are implementing advanced and automated racks to control temperature and provide rigid support to data center equipment, thereby driving market growth.
Additionally, the growing investment in the research and development of various emerging technologies, such as block chain, artificial intelligence, machine learning, predictive analytics, the Internet of Things, and cloud computing, is expected to create lucrative opportunities for the data center market during the forecast period.
Supportive government policies for the development of emerging technologies and fostering digitalization are expected to boost the number of data centres across the globe, thereby creating demand for data center racks. For instance, the Indian government has launched various initiatives and policies such as the Aadhar scheme, Start-Up India, and Digital India Initiative to foster the implementation of digitalization and emerging technologies in its government model. Such initiatives are expected to drive the demand for data center establishment, thereby driving the implementation of data center racks.
Data Center Rack Market: Restraints
High Cost of Data Racks and Disadvantageous of Data Center Rack
The data center rack installation and implementation require a high initial investment as it is a build-up of various metal components. The cost of implementation is very high as it includes the cost of cooling systems, electricity costs, advanced construction methods, modern servers, and equipment.
The prices of these components fluctuate periodically due to growing supply chain disruptions and increasing inflation worldwide. Furthermore, various factors such as increasing geopolitical instability, raw material shortages due to supply chain constraints, increasing economic uncertainty, skilled labour shortages, and manufacturing delays are creating hurdles in overall market growth.
Furthermore, data center racks have several disadvantages, such as requiring specific cooling requirements, large space, regular maintenance and reconfigurations, being generally less energy-efficient than blade servers, having portability issues, and being susceptible to vibrations.
Thus, such disadvantages discourage its adoption in many end-use industries, thereby restraining the market’s growth. The high cost of skilled labour, the dearth of manpower in many developing and underdeveloped countries, the high complexities in data rack implementation, and the lack of universal directives pertaining to the usage of data racks are some of the factors restraining the market’s growth.
Data Center Rack Market: Opportunities
Increasing Number of Hyper Scale Data Centers and Increasing Cloud Deployment
Many technology giants and corporate companies are adapting hyperscale data centers, which support more than 5,000 servers on a single platform. Hyperscale data centers integrate thousands of individual machines and services seamlessly on a single server. They rapidly scale on demand to provide a unified and streamlined user experience.
For instance, in 2023, more than 1,000 hyperscale data centres were established across the globe, and this number is expected to increase exponentially in the next couple of years due to the increasing adaption of emerging technologies such as Artificial Intelligence, the Internet of Things, and Edge computing.
Thus, the growing number of hyperscale data centers is expected to propel the installation of various data infrastructure solutions, such as data center racks, thereby creating lucrative opportunities for market growth during the forecast period.
The increasing deployment of cloud-based solutions in many emerging economies and various end-user industries across the globe is expected to create lucrative market opportunities during the forecast period.
Various factors, such as increasing internet penetration, the growing number of smartphone users, the emergence of a work-from-home culture, and supportive government policies such as the Government of India’s Digital India and Smart City Mission, are increasing the deployment of cloud-based solutions across the globe.
Thus, the growing deployment of cloud-based solutions is creating demand for unified and large-scale data storage facilities, thereby creating lucrative opportunities for the data center rack market.
Data Center Rack Market: Segmentation Analysis
The Global Data Center Rack market is segmented by rack type, rack height, data center type, end users, and region. The market is divided into open-frame racks, cabinets, and others by Rack type.
Among all of these, the cabinet rack segment dominated the market and is expected to keep its dominance during the forecast period due to the growing adaption of cabinet rack systems across the various end-use industries. The primary function of a cabinet rack is to provide a controlled and secure environment for networking and computing equipment.
The growing adaption of cutting-edge technologies such as Artificial intelligence, cloud computing, blockchain, and the internet of things increasing the installation of high-density computing solutions, thereby creating the need for advanced data storage systems, which in turn boosts the demand for denser cabinet rack servers because they provide the cutting-edge cooling systems. Data cabinets store, organize and protect the data centers’ equipment.
The open frame rack segment is expected to grow at the fastest CAGR during the forecast period. It is being increasingly implemented in many end-use industries because it provides easy airflow, easy access, excellent ventilation, and cost-effective solutions for equipment housing.
Open frame racks are very useful in various end-use applications that require frequent equipment access and don’t demand high-security measures. They are a perfect fit for large data centers where a single party owns the entire facility.
The IT & Telecom segment dominated the global data center rack market by end-user industry. It is expected to maintain its dominance during the forecast period owing to the increasing adoption of data racks in the IT and telecom industry.
Various factors, such as the rapidly expanding IT & Telecom industry across the globe, growing demand for advanced data center infrastructure, increasing investment by private and government sectors in the development of the IT sector, and increasing implementation of various emerging technologies such as Artificial Intelligence, Cloud computing, big data analytics in this sector are creating the large volume of data, thereby creating the need for data centres, which in turn boosting the installation of data center racks.
The healthcare segment is expected to grow at the fastest CAGR during the forecast period. The stakeholders operating in the healthcare industry are implementing various emerging technologies, such as digitalized medical treatments, artificial intelligence-driven diagnosis technologies, analytics solutions, cloud computing, telemedicine, and wearable technologies.
These technologies are creating a vast amount of data related to patients’ personal information and treatments, which in turn is creating a need for advanced data centers and data center infrastructures.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 5,344.3 Million |
| Projected Market Size in 2033 | USD 12,031.5 Million |
| Market Size in 2023 | USD 4,600 Million |
| CAGR Growth Rate | 9.25% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Rack Type, Rack Height, Data Center Size, End Users and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
Data Center Rack Market: Regional Analysis
The global Data Center Rack market is segmented by region into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. Of these, the North American region held the highest market share in 2023 and is expected to keep its dominance during the forecast period owing to the rapid adaption of digital practices across the region.
Major countries like the U.S., Canada, and Mexico drive the North American data center market. Various factors such as increasing investment in digitalization by the U.S. government, the presence of a well-established IT & Telecom industry, increasing adoption of various emerging technologies, increasing investment in the healthcare industry, and the growing number of data centers in the region are mainly propelling the market growth of this region.
The U.S. dominated the North American data center rack market due to supportive government policies and the presence of well-established IT infrastructure in the region.
Asia Pacific is expected to grow at the fastest CAGR during the forecast period owing to the growing adaptation of digital practices in the various end-use verticals.
Various factors, such as the growing proliferation of cloud computing solutions, an increasing number of data-driven SMEs, increasing investment in emerging technologies such as AI and IoT, and growing investment in healthcare technologies, are expected to create lucrative opportunities for market growth during the forecast period. Major countries such as China, India, Japan, ASEAN, South Korea and Australia are mainly driving the market growth of this region.
China dominated the Asia Pacific Data Center Rack market and is expected to remain dominant during the forecast period owing to increasing investment in data centers and well-established end-user industries. For instance, in 2023, about 450+ data centers were built in China, and this number is expected to increase exponentially in the next couple of years due to the increasing implementation of cloud solutions and growing investment in data storage and processing solutions in the region.
List of the prominent players in the Data Center Rack Market:
- AMCO Enclosures
- Belden Inc.
- Chatsworth Products
- Cisco Systems Inc.
- Dell Inc.
- Eaton
- Fujitsu
- Rittal GmbH & Co. KG
- Great Lakes Data Racks & Cabinets
- Eaton Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Legrand
- nVent
- Panduit Corp.
- Rittal GmbH & Co. KG
- Schneider Electric
- Samsung Electronics Co. Ltd
- Dell Technologies Inc.
- Schneider Electric
- Vertiv Group Corp.
- Others
The Data Center Rack Market is segmented as follows:
By Rack Type
- Open Frame Rack
- Cabinet
- Others
By Rack Height
- Below 42 U
- 42 U
- Above 42 U
By Data Center Size
- Large Data Centers
- Small Data Centers
- Mid-sized Data Centers
By End Users
- BFSI
- Government & Defence
- Healthcare
- IT & Telecom
- Energy
- Retail
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Data Center Rack Market (2024 – 2033) (USD Million)
- 2.2 Global Data Center Rack Market: snapshot
- Chapter 3. Global Data Center Rack Market – Industry Analysis
- 3.1 Data Center Rack Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Various Benefits of Data Center Racks
- 3.2.2 Increase in Number of Data Centers Across the Globe
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Rack Type
- 3.7.2 Market Attractiveness Analysis By Rack Height
- 3.7.3 Market Attractiveness Analysis By Data Center Size
- 3.7.4 Market Attractiveness Analysis By End Users
- Chapter 4. Global Data Center Rack Market: Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Data Center Rack Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Data Center Rack Market – Rack Type Analysis
- 5.1 Global Data Center Rack Market Overview: By Rack Type
- 5.1.1 Global Data Center Rack Market Share, By Rack Type, 2023 and 2033
- 5.2 Open Frame Rack
- 5.2.1 Global Data Center Rack Market by Open Frame Rack, 2024 – 2033 (USD Million)
- 5.3 Cabinet
- 5.3.1 Global Data Center Rack Market by Cabinet, 2024 – 2033 (USD Million)
- 5.4 Others
- 5.4.1 Global Data Center Rack Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Data Center Rack Market Overview: By Rack Type
- Chapter 6. Global Data Center Rack Market: Rack Height Analysis
- 6.1 Global Data Center Rack Market Overview: By Rack Height
- 6.1.1 Global Data Center Rack Market Share, By Rack Height, 2023 and 2033
- 6.2 Below 42 U
- 6.2.1 Global Data Center Rack Market by Below 42 U, 2024 – 2033 (USD Million)
- 6.3 42 U
- 6.3.1 Global Data Center Rack Market by 42 U, 2024 – 2033 (USD Million)
- 6.4 Above 42 U
- 6.4.1 Global Data Center Rack Market by Above 42 U, 2024 – 2033 (USD Million)
- 6.1 Global Data Center Rack Market Overview: By Rack Height
- Chapter 7. Global Data Center Rack Market: Data Center Size Analysis
- 7.1 Global Data Center Rack Market Overview: By Data Center Size
- 7.1.1 Global Data Center Rack Market Share, By Data Center Size, 2023 and 2033
- 7.2 Large Data Centers
- 7.2.1 Global Data Center Rack Market by Large Data Centers, 2024 – 2033 (USD Million)
- 7.3 Small Data Centers
- 7.3.1 Global Data Center Rack Market by Small Data Centers, 2024 – 2033 (USD Million)
- 7.4 Mid-sized Data Centers
- 7.4.1 Global Data Center Rack Market by Mid-sized Data Centers, 2024 – 2033 (USD Million)
- 7.1 Global Data Center Rack Market Overview: By Data Center Size
- Chapter 8. Global Data Center Rack Market: End Users Analysis
- 8.1 Global Data Center Rack Market Overview: By End Users
- 8.1.1 Global Data Center Rack Market Share, By End Users, 2023 and 2033
- 8.2 BFSI
- 8.2.1 Global Data Center Rack Market by BFSI, 2024 – 2033 (USD Million)
- 8.3 Government & Defence
- 8.3.1 Global Data Center Rack Market by Government & Defence, 2024 – 2033 (USD Million)
- 8.4 Healthcare
- 8.4.1 Global Data Center Rack Market by Healthcare, 2024 – 2033 (USD Million)
- 8.5 IT & Telecom
- 8.5.1 Global Data Center Rack Market by IT & Telecom, 2024 – 2033 (USD Million)
- 8.6 Energy
- 8.6.1 Global Data Center Rack Market by Energy, 2024 – 2033 (USD Million)
- 8.7 Retail
- 8.7.1 Global Data Center Rack Market by Retail, 2024 – 2033 (USD Million)
- 8.8 Others
- 8.8.1 Global Data Center Rack Market by Others, 2024 – 2033 (USD Million)
- 8.1 Global Data Center Rack Market Overview: By End Users
- Chapter 9. Data Center Rack Market – Regional Analysis
- 9.1 Global Data Center Rack Market Regional Overview
- 9.2 Global Data Center Rack Market Share, by Region, 2023 & 2033 (USD Million)
- 9.3. North America
- 9.3.1 North America Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.3.1.1 North America Data Center Rack Market, by Country, 2024 – 2033 (USD Million)
- 9.3.1 North America Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.4 North America Data Center Rack Market, by Rack Type, 2024 – 2033
- 9.4.1 North America Data Center Rack Market, by Rack Type, 2024 – 2033 (USD Million)
- 9.5 North America Data Center Rack Market, by Rack Height, 2024 – 2033
- 9.5.1 North America Data Center Rack Market, by Rack Height, 2024 – 2033 (USD Million)
- 9.6 North America Data Center Rack Market, by Data Center Size, 2024 – 2033
- 9.6.1 North America Data Center Rack Market, by Data Center Size, 2024 – 2033 (USD Million)
- 9.7 North America Data Center Rack Market, by End Users, 2024 – 2033
- 9.7.1 North America Data Center Rack Market, by End Users, 2024 – 2033 (USD Million)
- 9.8. Europe
- 9.8.1 Europe Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.8.1.1 Europe Data Center Rack Market, by Country, 2024 – 2033 (USD Million)
- 9.8.1 Europe Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.9 Europe Data Center Rack Market, by Rack Type, 2024 – 2033
- 9.9.1 Europe Data Center Rack Market, by Rack Type, 2024 – 2033 (USD Million)
- 9.10 Europe Data Center Rack Market, by Rack Height, 2024 – 2033
- 9.10.1 Europe Data Center Rack Market, by Rack Height, 2024 – 2033 (USD Million)
- 9.11 Europe Data Center Rack Market, by Data Center Size, 2024 – 2033
- 9.11.1 Europe Data Center Rack Market, by Data Center Size, 2024 – 2033 (USD Million)
- 9.12 Europe Data Center Rack Market, by End Users, 2024 – 2033
- 9.12.1 Europe Data Center Rack Market, by End Users, 2024 – 2033 (USD Million)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.13.1.1 Asia Pacific Data Center Rack Market, by Country, 2024 – 2033 (USD Million)
- 9.13.1 Asia Pacific Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.14 Asia Pacific Data Center Rack Market, by Rack Type, 2024 – 2033
- 9.14.1 Asia Pacific Data Center Rack Market, by Rack Type, 2024 – 2033 (USD Million)
- 9.15 Asia Pacific Data Center Rack Market, by Rack Height, 2024 – 2033
- 9.15.1 Asia Pacific Data Center Rack Market, by Rack Height, 2024 – 2033 (USD Million)
- 9.16 Asia Pacific Data Center Rack Market, by Data Center Size, 2024 – 2033
- 9.16.1 Asia Pacific Data Center Rack Market, by Data Center Size, 2024 – 2033 (USD Million)
- 9.17 Asia Pacific Data Center Rack Market, by End Users, 2024 – 2033
- 9.17.1 Asia Pacific Data Center Rack Market, by End Users, 2024 – 2033 (USD Million)
- 9.18. Latin America
- 9.18.1 Latin America Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.18.1.1 Latin America Data Center Rack Market, by Country, 2024 – 2033 (USD Million)
- 9.18.1 Latin America Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.19 Latin America Data Center Rack Market, by Rack Type, 2024 – 2033
- 9.19.1 Latin America Data Center Rack Market, by Rack Type, 2024 – 2033 (USD Million)
- 9.20 Latin America Data Center Rack Market, by Rack Height, 2024 – 2033
- 9.20.1 Latin America Data Center Rack Market, by Rack Height, 2024 – 2033 (USD Million)
- 9.21 Latin America Data Center Rack Market, by Data Center Size, 2024 – 2033
- 9.21.1 Latin America Data Center Rack Market, by Data Center Size, 2024 – 2033 (USD Million)
- 9.22 Latin America Data Center Rack Market, by End Users, 2024 – 2033
- 9.22.1 Latin America Data Center Rack Market, by End Users, 2024 – 2033 (USD Million)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.23.1.1 The Middle-East and Africa Data Center Rack Market, by Country, 2024 – 2033 (USD Million)
- 9.23.1 The Middle-East and Africa Data Center Rack Market, 2024 – 2033 (USD Million)
- 9.24 The Middle-East and Africa Data Center Rack Market, by Rack Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Data Center Rack Market, by Rack Type, 2024 – 2033 (USD Million)
- 9.25 The Middle-East and Africa Data Center Rack Market, by Rack Height, 2024 – 2033
- 9.25.1 The Middle-East and Africa Data Center Rack Market, by Rack Height, 2024 – 2033 (USD Million)
- 9.26 The Middle-East and Africa Data Center Rack Market, by Data Center Size, 2024 – 2033
- 9.26.1 The Middle-East and Africa Data Center Rack Market, by Data Center Size, 2024 – 2033 (USD Million)
- 9.27 The Middle-East and Africa Data Center Rack Market, by End Users, 2024 – 2033
- 9.27.1 The Middle-East and Africa Data Center Rack Market, by End Users, 2024 – 2033 (USD Million)
- Chapter 10. Company Profiles
- 10.1 AMCO Enclosures
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Belden Inc.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Chatsworth Products
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Cisco Systems Inc.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Dell Inc.
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Eaton
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Fujitsu
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Rittal GmbH & Co. KG
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Great Lakes Data Racks & Cabinets
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Eaton Corporation
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Oracle Corporation
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Hewlett Packard Enterprise Development LP
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 International Business Machines Corporation
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Legrand
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 nVent
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Panduit Corp.
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Rittal GmbH & Co. KG
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Schneider Electric
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Samsung Electronics Co. Ltd
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Dell Technologies Inc.
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.22 Vertiv Group Corp.
- 10.22.1 Overview
- 10.22.2 Financials
- 10.22.3 Product Portfolio
- 10.22.4 Business Strategy
- 10.22.5 Recent Developments
- 10.23 Others.
- 10.23.1 Overview
- 10.23.2 Financials
- 10.23.3 Product Portfolio
- 10.23.4 Business Strategy
- 10.23.5 Recent Developments
- 10.1 AMCO Enclosures
List Of Figures
Figures No 1 to 34
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- AMCO Enclosures
- Belden Inc.
- Chatsworth Products
- Cisco Systems Inc.
- Dell Inc.
- Eaton
- Fujitsu
- Rittal GmbH & Co. KG
- Great Lakes Data Racks & Cabinets
- Eaton Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Legrand
- nVent
- Panduit Corp.
- Rittal GmbH & Co. KG
- Schneider Electric
- Samsung Electronics Co. Ltd
- Dell Technologies Inc.
- Schneider Electric
- Vertiv Group Corp.
- Others
FAQs
The increasing number of data centers across the globe and increasing investment in the emerging technologies across the globe are major drivers in global Data Center Rack market.
The “Open Frame Rack” category dominated the market in 2023.
The key players in the market are AMCO Enclosures, Belden Inc., Chatsworth Products, Cisco Systems Inc., Dell Inc., Eaton, Fujitsu, Rittal GmbH & Co. KG, Great Lakes Data Racks & Cabinets, Eaton Corporation, Oracle Corporation, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Legrand, nVent, Panduit Corp., Rittal GmbH & Co. KG, Schneider Electric, Samsung Electronics Co. Ltd, Dell Technologies Inc., Schneider Electric, Vertiv Group Corp., Others.
“North America” had the largest share in the Data Center Rack Market.
The global market is projected to grow at a CAGR of 9.25% during the forecast period, 2024-2033.
The Data Center Rack Market size was valued at USD 5,344.3 Million in 2024.