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Global Data Center Rack Market Analysis 2020-2025 with Key Player Profiles Including AGC Networks, Chatsworth Products, Cisco, Eaton and DellDUBLIN, May 29, 2020 /PRNewswire/ -- 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 2025" report has been added to ResearchAndMarkets.com's offering. Data center racks are needed to accommodate IT, networking, and power and cooling equipment inside a data center. Data center racks are crucial due to the critical devices they protect and safeguard. The growing number of colocation facilities across the globe coupled with the increasing server density are forcing data facilities to implement taller, deeper, and wider racks. The enclosure orientation of a rack has a significant impact on the energy efficiency of data centers for enterprises. The development of durable data center racks that can operate in rugged environments is expected to provide significant opportunities for vendors to provide advanced rack solutions. The total data center rack market size is expected to grow from USD 3,771 million in 2020 to USD 5,904 million by 2025, at a Compound Annual Growth Rate (CAGR) of 9.4% during 2020 to 2025. Based on region, Asia Pacific (APAC) to grow at the highest CAGR during the forecast period. The high growth of the market in the Asia Pacific (APAC) is attributed to the increasing adoption of data center rack software to match the rapid pace of advancement. However, the increasing adoption of hyper-converged infrastructure is expected to restrain market growth across the region. Key Topics Covered: 1 Introduction
For more information about this report visit https://www.researchandmarkets.com/r/539i3m About ResearchAndMarkets.com Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-data-center-rack-market-analysis-2020-2025-with-key-player-profiles-including-agc-networks-chatsworth-products-cisco-eaton-and-dell-301067738.html SOURCE Research and Markets |