Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 84.11 Billion | USD 247.09 Billion | 12.72% | 2023 |
According to the report published by Zion Market Research, the global Data Center Rack Server Market size was valued at USD 84.11 Billion in 2023 and is predicted to reach USD 247.09 Billion by the end of 2032. The market is expected to grow with a CAGR of 12.72% during the forecast period. The report analyzes the global Data Center Rack Server Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Data Center Rack Server industry.
Global Data Center Rack Server Market: Overview
A data center rack server is a kind of physical steel and electronic framework specially designed for data center computing equipment, house servers, cables, networking devices, and others. This structure offers a place for equipment and orchestration within a data center facility. It is generally a rack-mounted server and configured to install in a framework known as a rack. Data center rack server comprises mounting slots known as bays and they stack hardware units in a way secured with bolted enclosures. It is considered a low-profile enclosure as compared to a tower server. These rack servers are designed to keep multiple servers by stacking one above the other. They are integrated network resources and reduce required floor space. It also simplifies wiring between network components.
Global Data Center Rack Server Market: Growth Factors
Daily huge amount of data is generated and hence corresponding increase in data centers to store and process such data is anticipated to propel the global data center rack server market growth. Every business enterprise relies on various modes for data generation and data center rack servers as these are reliable sources to store and transfer zillionths of data globally. This is the major factor driving the global market in the future. The number of data centers is multiplying to accumulate data, which are being generated every second. Rising e-commerce businesses and banking businesses need data center rack servers for web-based services and may foster global market growth. It enhances the functionality and helps to reduce operational expenditure. To meet such requirements, the most apt systems are available in the global market.
Global Data Center Rack Server Market: Segmentation
The global data center rack server market is classified based on the end users as cyber security firms, e-commerce businesses, cloud services, and banking institutions. Based on the product, the global market is fragmented into N-way servers, single-processor quad-core, dual-processor Xeon, RISC servers, single-processor Xeon, and 4-way servers. The global data center rack server market is categorized based on geography as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Data Center Rack Server Market |
Market Size in 2023 | USD 84.11 Billion |
Market Forecast in 2032 | USD 247.09 Billion |
Growth Rate | CAGR of 12.72% |
Number of Pages | 205 |
Key Companies Covered | NEC Corporation, Lenovo, Selrack Pvt. Ltd., Hewlett Packard Enterprise Development LP, and Fujitsu |
Segments Covered | By Product, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Data Center Rack Server Market: Regional Analysis
North America contributed to the largest market share in the global data center rack server market. It is the dominating region across the globe owing to the largest data centers globally and being the major contributor to producing data center rack server products. Asia Pacific is an emerging niche market due to increasing IT industries. Emerging economies in this region such as Thailand, China and India are expected to boost the global market growth owing to subsequent data centers increasing in these regions.
Western Europe region is following the same trend about the growth of the global data center rack server market. These rack servers are augmenting in Eastern Europe recently will foster global market growth. Participation of the government in the development of the data center rack server in the Middle East and Latin America also opens up new growth opportunities in the global market.
Global Data Center Rack Server Market: Competitive Players
Key players identified in the global data center rack server market are;
The global data center rack server market is segmented as follows;
By End User
By Product
By Region
What Report Provide
FrequentlyAsked Questions
A data center rack server is a computer server designed to be mounted in a standardized rack within a data center. These servers are optimized for space efficiency, cooling, and power management. They are the backbone of modern IT infrastructure, powering applications, storing data, and enabling network connectivity.
According to a study, the global data center rack server market size was worth around USD 84.11 billion in 2023 and is expected to reach USD 247.09 billion by 2032.
The global data center rack server market is expected to grow at a CAGR of 12.72% during the forecast period.
North America is expected to dominate the data center rack server market over the forecast period.
Leading players in the global data center rack server market include NEC Corporation, Lenovo, Selrack Pvt. Ltd., Hewlett Packard Enterprise Development LP, and Fujitsu, among others.
The data center rack server market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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