DUBLIN, Mar. 06, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/d2wqds/data_center_rack) has announced the addition of the "Data Center Rack Market by Rack unit, by Frame design, by Frame size, by Service, by End User, by Verticals and by Regions - Global Forecast to 2019" report to their offering.
The total data center rack market is expected to grow from $1.66 billion in 2014 to $2.79 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 10.9% from 2014 to 2019
Although the mature markets such as the U.S. and the Europe hold larger share in the data center rack market, the Asia-Pacific region is expected to grow at the highest CAGR of 14.6% during the forecast period. Companies are designing data centers selecting the ideal racks for their needs and designing the server room to accommodate them efficiently. This help in avoiding under or overprovisioning new facility's power and cooling resources. The growing adoption of non-standard racks is mainly driven by the need to pack more servers into data center infrastructure, improve airflow management and fit more cabling into rack systems.
In this report, the data center rack market has been broadly segmented by frame design: open frame, enclosed and customized; by frame size: 19 inch and others; by rack unit: 36U, 42U, 45U & 48U and others; by service: consulting services, installation & support services and professional services; by end user: small and medium organization and large-sized organizations; by region: NA, APAC, Europe, MEA, and LA. The growth in data center rack market is majorly driven by IT & telecom, BFSI, media and entertainment, public sector and healthcare vertical across the globe.
Geographically, North America (comprising the U.S. and Canada) is estimated to command the largest share of 38.6% of the global data center rack market in 2014, followed by Europe. The major reason of market growth in NA is the need to reduce the space and power consumption of network infrastructure. APAC is the fastest growing segment in the data center rack market due to huge investment in banking, insurance, telecom and the government sector requiring new data centers.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Data Center Rack Market, By Rack Unit
8 Data Center Rack Market, By Frame Design
9 Data Center Rack Market, By Frame Size
10 Data Center Rack Market, By Service
11 Data Center Rack Market, By End User
12 Data Center Rack Market, By Vertical
13 Data Center Rack Market, By Region
14 Competitive Landscape
15 Company Profiles
- Black Box Corporation
- Dell Inc
- Hewlett-Packard Company
- Rittal GMBH & Co. KG
- Schneider Electric
- Tripp Lite
For more information visit http://www.researchandmarkets.com/research/d2wqds/data_center_rack
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SOURCE Research and Markets