Global Data Center Rack And Enclosure Market Price 2024, Forecast To 2033
8 Mar, 2024
The data center rack and enclosure market rose from $3.5 billion in 2023 to $3.88 billion in 2024, with a 10.7% CAGR, due to data storage demands. Forecasts suggest growth to $5.89 billion by 2028, driven by IoT data and edge computing, with trends in liquid cooling and open-source hardware.
Global Data Center Rack And Enclosure Market Key Driver
The expansion of new data centers is driving the growth of the data center rack and enclosure market. Data centers require racks and enclosures to organize and protect critical hardware, ensuring efficient operation. For instance, according to KDCC, Korea's data center capacity is projected to expand, boosting the data center rack and enclosure market.
Get A Free Sample Of The Global Data Center Rack And Enclosure Market ReportGlobal Data Center Rack And Enclosure Market Segments
The data center rack and enclosure market covered in this report is segmented –
1) Product Type:Open Frame Racks, Rack Enclosures, Wall-Mount Racks
2) Component:Solution, Service
3) Installation:Wall-Mounted, Floor Mounted
4) Size:18U-22U, 23U-32U, 33U-42U, 43U-48U And Above 49U
5) Application:Information Technology (IT), Telecommunication, Banking, Financial Services, And Insurance (BFSI), Government, Healthcare, Manufacturing, Education Sector, Other Applications
By Geography: The countries covered in the data center rack and enclosure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the data center rack and enclosure market in 2023. The regions covered in the data center rack and enclosure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Data Center Rack And Enclosure Industry Players
Dell Inc.; Hewlett Packard Enterprise Development LP; International Business Machines Corporation; Cisco Systems Inc.; Oracle Corporation; Schneider Electric SE; Fujitsu Ltd.; Eaton Corporation; Emerson Electric Company; Delta Electronics Inc.; Legrand SA; Vertiv Holdings Co.; Rittal Gmbh and Co. KG; nVent Electric plc; Belden Inc.; Panduit Corporation; Blackbox Corporation; AGC Network Ltd.; Rahi Inc.; Hammond Manufacturing Co. Ltd.; C and F Tooling Ltd.; Canovate Group; Innovation First International Inc.; Chatsworth Products Inc.; AFCO Systems Inc.; Great lakes Data Racks and Cabinets Co. Inc.; Martin International Enclosures LLC; IMS Engineered Products LLC; Amco Enclosures; Prism Enclosures Ltd.
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Data Center Rack And Enclosure Market Overview
A data center rack and enclosure are equipment used to house and protect servers and other IT equipment in a data center or server room. It provides a structured and organized environment for the placement and management of data center computing equipment.