Data Center Rack & Enclosure Market Present Scenario and Future Forecast by 2027
According to GMI, Inc., report, global data center rack & enclosure market size is slated to cross over US$5 billion by 2027. With the emergence of a data-driven society, the dependence on social media and cloud computing technologies have risen at a stellar rate, encouraging the deployment of data center rack & enclosure for housing important IT components in data centers.
The proliferation in cloud computing industry has driven the requirement for hyperscale cloud data centers deployment in large numbers, which will foster the demand for data center racks & enclosures to shelter numerous vital IT components. Leading cloud services providers, such as IBM Corporation and Amazon Web Services are emphasizing on incorporating highly efficient rack & enclosures in their hyperscale cloud data centers.
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Data center rack & enclosure market are available in numerous frame designs, which enable data center operators to choose them according to specific requirements and data center size. Open frame racks with mounting rails do not have sides or doors and are widely applicable in racks that do not control airflow and offer physical security.
Open frame racks are widely deployed to tackle data center network complexities in large IT infrastructure. These racks provide convenient access and enough open space for efficient cable management.
This feature allows the application of open frame data center rack & enclosure in structured network wiring and distribution frameworks, which usually have high-density cabling infrastructure.
The adoption of Industry 4.0 resulting in rapid digitalization and integration of robotics and AI-drive solutions to efficiently manage factory operations across the manufacturing sector will lead to the generation of a large amount of data.
The automotive industry is increasingly deploying connected devices and IoT infrastructure in production lines to track and monitor vehicles’ performance for future technical improvements, creating tremendous demand for efficient IT and networking facilities.
Soaring data storage demand resulting in a rising number of hyperscale data centers could increase the adoption of racks and enclosures for easy mounting of IT components, simplifying networking complexities, and improving data center operations.
Global data center rack & enclosure market share from Asia Pacific is predicted to grow significantly over the coming years, owing to the considerable expansion in industrial and manufacturing sectors primarily across countries like India, Japan, and China. Growing demand for advanced devices, along with the high adoption of technologies such as AI, cloud computing, machine learning, and IoT is fueling reliance on data centers.
Robust digital transformation and several government initiatives to establish advanced internet infrastructure for providing easy access to high-speed internet should support the deployment of large-scale data centers across the region.
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For example, the Asia Pacific Information Superhighway is a government initiative that emphasize on providing affordable and highly accessible internet across the APAC by consolidating the internet infrastructure. Moreover, lowering cost of internet services and growing awareness about digital payment systems should complement the data center rack & enclosure business in the region.
The widespread acceptance of digital payment technologies, such as internet banking, smart cards, UPI, contactless payment systems, mobile wallets, and others, that has brought exponential growth in the BFSI sector, is expected to further augment the demand for data computing solutions and deployment of effective data center rack & enclosure market.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.2 Methodology & forecast parameters
1.3 COVID-19 impact
1.3.1 North America
1.3.2 Europe
1.3.3 Asia Pacific
1.3.4 South America
1.3.5 MEA
1.4 Data sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Executive Summary
2.1 Data center rack & enclosure market 3600 synopsis, 2017 - 2027
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Component trends
2.1.4 Application trends
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