Data Center Rack and Enclosure Market Analysis 2024: Key Technologies and Innovations

The data center rack and enclosure market is projected to foresee commendable growth in coming years owing to growing adoption of IoT and cloud computing technology. The increasing requirement for IoT technology in connectivity and networking include transmission, storage, and bid data generation, which need hyperscale or mega data centers. Additionally, deployment of cloud infrastructure across numerous regions is further fueling the demand for market.

At present, numerous industry players are actively launching novel products to gain a competitive edge in the market. Citing an instance, in November 2020, Raritan, a brand of Legrand® and a leading technology company manufacturing hardware for data center power distribution, and remote server management, reportedly announced the launch of new SRC (smart rack controller). The novel offering addresses the needs of facility and data center management in order to collect environmental data around IT devices with the help of connected SmartSensors, and security conditions on card readers and rack door handles without the need to substantially reconfigure power distribution to get alerts and visibility.

Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/2599

Over the recent years, data center rack and enclosure market has been broadly characterized by tremendous propagation of the colocation applications, which consists of data centers offering the infrastructure, space and bandwidth that are rented by other companies to provide hosting services or for own use. One colocation facility can be hired by multiple business depending on the size and capacity of storage. This method is less expensive than setting up one’s own data center, especially for smaller businesses. In fact, the colocation market accounted for almost 23% of the revenue share in 2017. This is evidently a promising segment and manufacturers around the globe have multiplied their efforts to produce high-density cabinets that can house more number of server systems.

Increasing number of businesses are demanding a framework that can mount a combination of various equipment, supplementing high-capacity cable management and airflow to regulate the heat emerging from multiple servers in one rack. As a result, there is an increasing emphasis of infrastructure manufacturers on miniaturization of hardware. Augmented influence of virtualization, where more than one application can operate on a single server, has resulted in increased processing power demanding data center racks to facilitate more specialized servers. In an era where cloud-based storage and systems are being employed exponentially, companies and data center services are compelled to extend their server capacities signifying unequivocal development of data center infrastructure industry.                 

With the advent of MNCs like Google, Microsoft, Oracle, and other IT giants establishing their markets across the world, the need for database management displays incredible potential as information gathered from thousands of businesses and billions of consumers is processed every day. This made the necessity for multiple data storage centers mandatory to minimize any losses from physical damage, power failures or even cyber-attacks. This presents an opportunity for developing industry specific and customizable infrastructure to manage data from many locations efficiently. Citing an instance, Excel Networking recently introduced cabinets designed especially suited to colocation service providers.

Request for customization @ https://www.decresearch.com/roc/2599

The growth of data center rack and enclosure market is dominated not only by developed countries but also emerging economies in Asia-Pacific which have been a home for thriving IT industry. For the record, APAC market is estimated to surpass USD 1 billion by 2024. South America is another region entailing a booming industry expansion, with reportedly 88 colocation facilities in numerous locations. Brazil is leading the South American market as it enables companies to build facilities at lower cost and the improved telecommunication sector offering enhanced connectivity.

All in all, the data center rack and enclosure market is expected to evolve massively further inspiring many innovations to accommodate the upcoming challenges in data storage and management. The key players leading the industry hierarchy are Schneider Electric, HP, Eaton Corporation, Dell, Emerson Electric, etc.

Major Key Points from Table of Content:

Chapter 5.   Data Center Rack and Enclosure Market, By Application

5.1.  Key trends by application

5.2.  BFSI

5.2.1. Data center rack and enclosure market estimates and forecast, 2013 - 2024

5.2.2. Data center rack and enclosure market estimates and forecast, by region, 2013 – 2024

5.3.  Colocation

5.3.1. Data center rack and enclosure market estimates and forecast, 2013 - 2024

5.3.2. Data center rack and enclosure market estimates and forecast, by region, 2013 – 2024

5.4.  Energy

5.4.1. Market estimates and forecast, 2013 - 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

5.5.  Government

5.5.1. Market estimates and forecast, 2013 - 2024

5.5.2. Market estimates and forecast, by region, 2013 – 2024

5.6.  Healthcare

5.6.1. Market estimates and forecast, 2013 - 2024

5.6.2. Market estimates and forecast, by region, 2013 – 2024

5.7.  Manufacturing

5.7.1. Market estimates and forecast, 2013 - 2024

5.7.2. Market estimates and forecast, by region, 2013 – 2024

5.8.  IT & Telecom

5.8.1. Market estimates and forecast, 2013 - 2024

5.8.2. Market estimates and forecast, by region, 2013 – 2024

5.9.  Others

5.9.1. Market estimates and forecast, 2013 - 2024

5.9.2. Market estimates and forecast, by region, 2013 – 2024

Browse Complete Table of Content @  https://www.decresearch.com/toc/detail/data-center-rack-and-enclosure-market

Related News -   https://www.marketwatch.com/press-release/blockchain-technology-in-healthcare-market-trends-projections-2021-2025-2021-06-24

About Us: -

DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

Contact Us: -

DecResearch.com

Website: - https://www.decresearch.com/

Email: [email protected]