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Data Center Rack Global Market Strategic Assessment 2017 Analysis & Forecast to 2022

(IT-NEWSWIRE.COM, May 31, 2017 ) The data center rack market is expected to grow at a CAGR of more than 19% during 2016 2022 in terms of shipment.
Data Center Rack Report Insights
Global Data Center Rack market research report provides an in-depth analysis of the global data center market and its strategic assessment and forecasts for the period of 20172022. The report considers the present scenario of the data center rack market and includes a discussion on market growth drivers, trends, and restraints. It also profiles the leading vendors in the market.
The report provides the analysis of key segments and provides a comprehensive analysis of market and provides the market size in terms of the following:

For more information about this report:

By Size
Customized Data Center Racks

By Geography
Latin America
North America

By Country
Nordic Regions
Southeast Asia
Western Europe

Data Center Rack Market Market Size and Dynamics
According to Publisher analysts, the data center rack market is likely to grow at a CAGR of more than 13.8% during the period 20162022. The demand for data center rack relies upon two major factors: Construction of new data centers and upgrading of existing projects. Furthermore, it is observed that major players are reducing the average lifespan of data center rack. Hence, the reduction in the lifespan will increase the demand as they will be replaced every five years.

Furthermore, the market is likely to grow significantly during the forecast period due to the innovations in technology such as the introduction of racks equipped with mechanical parts such as cooling systems.
The shipment of 42U racks is likely to dominate the market till 2022. However, the shipment of 47U, 48U, and 51U rack is expected to witness a strong growth during the period. Data centers that are likely to be commissioned during the forecast period will require taller rack units such as 45U, 47U, 48U, and 51U. Therefore, the market share of taller racks will be twice than the share in 2014.
The data center rack market is expected to grow at a CAGR of more than 19% during 2016 2022 in terms of shipment.

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Data Center Rack Market Trends, Drivers, and Challenges
A major trend witnessed in the data center rack market is the shipment of taller rack. The shipment of 48U rack has been growing almost 16% on the Y-0-Y basis. On the other hand, 42U racks have been increasing moderately. The data center rack market research report provides a detailed study of the trends, drivers of data center rack market that are going to boost the market revenue.

Data centers need secure facilities because they house infrastructure that powers the business operations. Operators are investing in safeguards to protect sensitive information, which is increasing in several verticals. Rack-level security is one of the new measures being developed by the operators, where video surveillance and biometrics protect every rack. Hence, increase in rack level physical security and intense price war among local and global vendors are major emerging trends which are expected to drive the data center rack market during the forecast period.

The construction of new data centers, particularly tier 3 and tier 4 data centers in several locations to store data has been increasing. Increasing number of data center white floor space means more number of IT devices. To accommodate more number of IT devices such as servers, and storage devices more number of racks required. Hence, growing number of new construction projects is one of the major factor that is driving the market. Furthermore, declining price of racks, increasing use of customized racks, and upgradation of storage capacities of the existing projects are among the other factors that are going to drive the market growth. The market research report also highlights the challenges to the market which are expected to affect the market revenue.

Data Center Rack Market Geographical Analysis and Key Countries
The report includes market analysis of different regions such as APAC, Europe, Latin America, MEA, and North America. It also outlines the major market share holders and analyzes the market size of all the leading regions. In 2016, the data center rack market in North America accounted for the largest market share followed by Europe. However, the scenario is going to change as the APAC region is likely to witness a more demand for data center rack than North America and the Europe region in 2022. The market in APAC region is likely to be almost triple by 2022. There is an intense price war among local vendors and global vendors for rack of 42U and 45U in the US, Western Europe, and Latin America. In APAC, local vendors hold the major market share and will continue their dominance till 2022.

Data Center Rack Market Key Vendor Analysis and Market Share
The report provides the competitive landscape of the market and the key players in the market. It covers the players operating in the entire value chain of the market. The leading seven vendors mentioned in the market research report are as following:

Blackbox Network Services
Hewlett Packard Enterprise (HPE)
Vertiv (Emersion network Power)
Tripp Lite
Schneider Electric

Other prominent vendors in the market included in the report are AFCO Systems, AMCO Enclosures (IMS Engineered), AMS NETTECH, Belden, C&F Group, Cannon Technologies, Chatsworth, Conteg, Crenlo, Dataracks, Dell, Delta Group, Fujitsu, Instor Solutions, MFB, Pentair, Raritan, Sharkrack, and TTK.

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Priya Sisodia


Source: EmailWire.Com


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