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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