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Data Center Rack Market Size to Reach Revenues of around USD 2 Billion by 2026 - AriztonCHICAGO, May 3, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global data center rack market report. The data center rack market is expected to grow at a CAGR of over 7% during the period 2020-2026. This report offers market size in terms of unit shipment. Key Highlights Offered in the Report:
Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/data-center-rack-market Data Center Rack Market – Segmentation
Data Center Rack Market by Rack Size
Data Center Rack Market by Product
Data Center Rack Market by End-user
About 120 hyperscale data centers were either operational in 2020 or being constructed and expected to be operational by June 2021, with significant contributions from Facebook, Digital Realty, Google, GDS Holdings, Apple, and COPT Data Center Solutions. These data centers together accounted for a rack capacity of over 365,000 cabinets, with over 3,000 rack cabinets added on average per facility. In the US, 47 hyperscale data center facilities added over 150,000 rack cabinets. In China, 17 data center facilities added over 71,000 rack cabinets. The US, China, India, Australia, Japan, and Sweden witnessed investments in around 85 hyperscale projects in 2020, together with adding over 280,000 racks. New entrants in the hyperscale space increased over the last year. In 2020, the market witnessed the entry of many new investors in hyperscale data center spaces that include T-Rex (US), Archer Datacenters (US), AQ Compute (Europe), Scala Data Centers (Latin America), Echelon Data Centres (Europe), PointOne (the US & Canada), Cirrus Data Services (US), Stratus DC Management (Worldwide), Mantra Data Centers (India), Digital Edge DC (APAC), IXAfrica (Kenya), and PAIX (Ghana & Kenya). Key Drivers and Trends fueling Market Growth:
Data Center Rack Market – Geography The North American data center market leads the data center industry with the early adoption of innovative infrastructure and investments from colocation service providers, hyperscale data center operators, enterprises, and government agencies. The region is an incumbent for new technological innovation for infrastructure in the data center arena. The region has also been active in the construction of hyperscale facilities with a power capacity of over 20 MW. The major contributors of market growth in North America are Facebook, Google, Equinix, Digital Realty, Compass Datacenters, Cologix, Vantage Data Centers, NTT Global Data Centers, QTS Realty Trust, CoreSite Realty, CyrusOne, and Switch. The US contributes around 45% to the overall data center investment traffic across the globe and is also one of the largest contributors in the global data center rack market. Get your sample today! https://www.arizton.com/market-reports/data-center-rack-market Data Center Rack Market by Geography
Major Vendors
Other Prominent Data Center Rack Providers
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected]
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