Global Market Size of Data Center Rack Market – 10 Year Market Forecast

ICT

Data Center Rack Market Size Forecast 2022-2029

Primarily, data center racks are used for infrastructure management in the data centers. Data centers have become an important component in the IT infrastructure of various organisations for efficient handling and storage of the large amounts of data generated daily. Over the study period, Europe is expected to be the largest market with the highest growth rate, followed by North America and APAC. The global data center rack market size is anticipated to grow from USD 5.54 billion in 2022 to USD 10.46 billion by 2029, registering a CAGR of 10%. The cumulative market size is calculated to be USD 66 billion.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• The data center rack vertical is studied by Global Market Database to provide relevant market information to industry players.
• Which region is the key driver supporting the growth of the data center rack merket?

• The European region is the key driver supporting the growth of the data center rack merket.
• Which data center segment is expected to dominate the market over the forecast period?

• The small and mid-sized data centers segment is expected to dominate the market over the forecast period.
• Which rack height is the most in demand in the data center racks market?

• 42U and below rack height is the most in demand in the data center rack market.
• What is the forecast period for the data center rack market report?

• The forecast period for the data center rack market report is from 2022 to 2029.

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