$6.6 Billion Data Center Rack Markets, 2027: Analysis by Component, Rack Type, Rack Height, Rack Width, Data Center Size, Vertical and Region - ResearchAndMarkets.com
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Thursday, October 13, 2022
The "Data Center Rack Market by Component (Solutions and Services), Rack Type (Open Frame and Cabinets), Rack Height, Rack Width, Data Center Size (Small and Mid-sized Data Centers and Large Data Centers), Vertical and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
Key Points:
- The "Data Center Rack Market by Component (Solutions and Services), Rack Type (Open Frame and Cabinets), Rack Height, Rack Width, Data Center Size (Small and Mid-sized Data Centers and Large Data Centers), Vertical and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
- The global data center rack market is expected to grow from USD 4.4 billion in 2022 to USD 6.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 8.7%.
- The growing demand for data managing and storing leads to the high demand for data center infrastructure, which has further boosted the demand for data center rack solutions.
- The region is witnessing a surge in demand for data center colocation and hyperscale data center facilities owing to the favorable climatic conditions and the availability of green power.