NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The data center rack market is expected to grow by USD 1.80 bn from 2021 to 2025. Technavio's latest market research report estimates that the market will progress at a CAGR of 11.74%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Data Center Rack Market 2021-2025: Segmentation
Learn more about the various segments of the data center rack market,
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Data Center Rack Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the data center rack market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Belden Inc., Eaton Corp. Plc, Fujitsu Ltd., Hewlett Packard Enterprise Co., Legrand SA, Oracle Corp., Rittal GmbH & Co. KG, Schneider Electric SE, The Siemon Co., and Vertiv Group Corp.
The report also covers the following areas:
The increasing investments in data centers, growth of Big Data analytics, and emerging containerized and micro-mobile data centers will offer immense growth opportunities. However, the increasing focus on data center consolidation will hamper the market growth.
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Data Center Rack Market 2021-2025: Key Highlights
Data Center Rack Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 11.74%
Market growth 2021-2025
USD 1.80 billion
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
APAC at 29%
Key consumer countries
US, China, UK, Australia, and Germany
Leading companies, competitive strategies, consumer engagement scope
Belden Inc., Eaton Corp. Plc, Fujitsu Ltd., Hewlett Packard Enterprise Co., Legrand SA, Oracle Corp., Rittal GmbH & Co. KG, Schneider Electric SE, The Siemon Co., and Vertiv Group Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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