Data Center Rack Server Market Size, Share, Growth & Trends
The Data Center Rack Server Market is expected to reach USD 7,200 million by 2027, growing at a CAGR of 24.7% over the forecast period (2020-2027).
The factors driving growth of the market includes emerging need to scale data centers, increasing demand for data center rack servers from end-use industries such as BSFI, IT & Telecom and Healthcare and Lifesciences, advent of virtualized servers and improvements in the living standards. Data center rack servers consolidates network resources enhances flexibility, minimizes the cost of operation, easy to maintain, reduces the amount of space required and improves security, are some of the features pushing the Global Data Center Rack Server Market. Moreover, growing adoption of advanced technologies such as cloud computing, edge computing and Internet of Things (IoT), expansion of the e-commerce industry, rising focus of companies on diversifying servers and rapid urbanization, are some of the additional factors supplementing the Data Center Rack Server Market size. In addition, the increasing investments by leading players on research and development, strategic partnerships and alliances between companies, and growing population growth rates, are further contributing towards the market growth.
However, growth of the Data Center Rack Server Market is hindered due to high cost of cooling equipment.
Major players operating in the market are Fujitsu Ltd., Oracle Corporation, NEC Corporation, Lenovo, Hewlett Packard Enterprise Development LP, Dell EMC, Vertiv, Huawei Technologies Co. Ltd., Cisco Systems Inc., and Rittal Inc. among others.
Based on Form Factor the 2U segment is predicted to grow at a significant CAGR during the forecast period
The 2U servers minimizes power consumption and are economical, which are pushing growth of the segment.
Based on Data Center Type, the Mid-Sized Data Centers segment is expected to grow at a fastest CAGR over the forecast period
Mid-sized data centers are enhancing scalability and helps organization in store their personal and private data, are propelling segment’s growth.
Based on Region, the North America region is predicted to grow at a remarkable CAGR during the forecast period
Presence of the leading players such as Hewlett Packard Enterprise Development LP, Dell EMC and Oracle Corporation, growing adoption of advanced technologies, rising focus on scaling data centers, growing population growth rates and and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.
key Developments
In 2018, Dell EMC introduced three Power Edge servers to be implemented in software-defined environments, edge, and high-performance computing. The R6415, R7415, and R7425 Power Edge servers expanded the product portfolio of servers with the latest technologies to meet the workload demands of the modern data center.
In 2018, Fujitsu Ltd. introduced Fujitsu Server PRIMERGY CX1430 M1, a latest multi-mode server model focusing on customers like data center companies and cloud service providers and also for offering edge computing for IoT systems.
Market Segmentation
Segmentation by Form Facto
1U
2U
4U
Others
Segmentation by Service
Design & Consulting
Support & Maintenance
Installation & Deployment
Segmentation by Tier Type
Tier 1
Tier 2
Tier 3
Tier 4
Segmentation by Data Center Type
Mid-Sized Data Centers
Enterprise Data Centers
Large Data Centers
Segmentation by Vertical
Government & Defense
IT & Telecom
BFSI
Healthcare & Life Sciences
Media & Entertainment
Research & Academia
Retail & Ecommerce
Energy & Utilities
Others
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
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