The Data Center Rack And Enclosure Global Market Report 2023, provides comprehensive information on the data center rack and enclosure market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Data Center Rack And Enclosure Market’s Growth:
The anticipated trajectory of the global data center rack and enclosure market reveals a noteworthy surge, projected to ascend from $3.16 billion in 2022 to an estimated $3.5 billion in 2023, boasting a commendable Compound Annual Growth Rate (CAGR) of 10.9%. However, the specter of the Russia-Ukraine conflict looms large, disrupting the global economic rebound post the COVID-19 pandemic. This geopolitical strife has triggered widespread economic sanctions, surges in commodity prices, and supply chain disturbances, precipitating inflationary pressures across goods and services. Consequently, the resultant spike in interest rates has reverberated across global markets. Despite these challenges, the data center rack and enclosure market is forecasted to reach an impressive $5.25 billion by 2027, maintaining a robust CAGR of 10.6%.
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The burgeoning trend of technological enclosure management systems is rapidly gaining prominence within the data center rack and enclosure market. Prominent entities in this domain are strategically embracing cutting-edge enclosure management system technologies to fortify their market standing. An illustrative example is Genetec Inc., a distinguished Canada-based technology firm, which unveiled the Genetec Enclosure Management Solution in May 2022. This avant-garde system harnesses the power of cloud link roadrunner technology, furnishing a secure and scalable avenue for overseeing access to racks and cabinets within data centers. Noteworthy attributes encompassed in this solution comprise robust secure access control, seamless remote management capabilities, and inherent scalability. This innovation stands as a commendable augmentation to Genetec Inc.’s comprehensive portfolio of security solutions tailored specifically for data centers. Of paramount significance is its compliance with industry standards, exemplified by adherence to the Payment Card Industry Data Security Standard (PCI DSS). This multifaceted approach underscores the commitment to delivering state-of-the-art solutions that align with stringent security benchmarks, propelling Genetec Inc. to the forefront of the evolving data center landscape.
The data center rack and enclosure market is segmented:
1) Data Center Rack And Enclosure Market By Product Type: Open Frame Racks, Rack Enclosures, Wall-Mount Racks
2) Data Center Rack And Enclosure Market By Component: Solution, Service
3) Data Center Rack And Enclosure Market By Installation: Wall-Mounted, Floor Mounted
4) Data Center Rack And Enclosure Market By Size: 18U-22U, 23U-32U, 33U-42U, 43U-48U And Above 49U
5) Data Center Rack And Enclosure Market By Application: Information Technology (IT), Telecommunication, Banking, Financial Services, And Insurance (BFSI), Government, Healthcare, Manufacturing, Education Sector, Other Applications
Top Major Players
Hewlett Packard Enterprise Development LP
International Business Machines Corporation
North America was the largest region in the data center rack and enclosure market in 2022.
The table of contents in TBRC’s data center rack and enclosure market report includes:
1. Executive Summary
2. Data Center Rack And Enclosure Market Characteristics
3. Data Center Rack And Enclosure Market Trends And Strategies
4. Data Center Rack And Enclosure Market – Macro Economic Scenario
5. Global Data Center Rack And Enclosure Market Size and Growth
…….
32. Global Data Center Rack And Enclosure Market Competitive Benchmarking
33. Global Data Center Rack And Enclosure Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Data Center Rack And Enclosure Market
35. Data Center Rack And Enclosure Market Future Outlook and Potential Analysis
36. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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