Data Center Rack & Enclosure Market Outlook 2027: Growth Amid New Technological Possibilities

Data Center Rack & Enclosure Market Outlook 2027: Growth Amid New Technological Possibilities

A detailed analysis of the data center rack & enclosure market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.

Increase in adoption of cloud computing and IOT technologies among enterprises and large organizations will drive data center rack & enclosure market outlook. Surging number of enterprises has led to a rise in the proportion of hyperscale data centers consisting of largely integrated networking and data storage solutions and components.

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The hardware segment dominated the overall data center rack & enclosure market in 2017. The growth is credited to increasing demand for high-quality network infrastructure across various digitalized domains such as BFSI, healthcare, manufacturing, IT & telecom and government. The mega data center facilities have been experiencing the need of effective design of the racks and enclosures for proper airflow management and efficient cooling of the components.

Newly developed products come properly deployed with doors, blank panels, thermal seals, plinth, and air corridors for improving air ventilation, thus reducing the chances of equipment failure due to overheating which can lead to financial losses. Rising need for innovative solutions to address the equipment heat and cable complexity in mega or hyperscale facilities will promote product adoption, stimulating the market demand.

Pertaining to growing requirements for enhanced cooling solutions, the hardware segment held over 80% of the data center rack & enclosure market share in 2018 and is projected to continue its supremacy through 2025.

The IT & telecom sector revolves around the conceptualization of data center racks since it completely dependent on data storage and networking solutions. Incorporation of IoT technologies for various processes in the IT & telecom sector will fuel high demand for data storage systems. Enormous amount of data consistently generated and transmitted over the web will promote the deployment of new data center facilities over the forthcoming years.

The market is thus anticipated to witness significant gains from the IT & telecom applications owing to increasing adoption of IoT for various processes in the IT & telecom sector.

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Europe held over 28% of the global data center rack & enclosure market share in 2017, owing to growing expansion of data centers. Escalating demand for networking and data storage solutions has prompted the companies to deploy several innovative facilities which has been fueling the product demand.

Major Key Points from Table of Content:

Chapter 6   Data Center Rack & Enclosure Market, By Application

6.1    Market share, by application, 2020 & 2027

6.2    BFSI

6.2.1    Market estimates and forecast, 2017 - 2027

6.3    Colocation

6.3.1    Market estimates and forecast, 2017 - 2027

6.4    Energy

6.4.1    Market estimates and forecast, 2017 - 2027

6.5    Government

6.5.1    Market estimates and forecast, 2017 - 2027

6.6    Healthcare

6.6.1    Market estimates and forecast, 2017 - 2027

6.7    Manufacturing

6.7.1    Market estimates and forecast, 2017 - 2027

6.8    IT & Telecom

6.8.1    Market estimates and forecast, 2017 - 2027

6.9    Others

6.9.1    Market estimates and forecast, 2017 - 2027

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