The value of the worldwide data centre rack server market is anticipated to rise from US$ 78 billion in the current year 2022 to roughly US$ 302.5 billion by the year 2032, according to market predictions by FMI. According to this analysis, the total market is predicted to see a reasonable CAGR of 14.5% over the forecast period.
The opportunities in the worldwide data centre rack server market are being driven by the rising demand for flexible data centres and increased computing network density. Additionally, it is anticipated that recent developments in cutting-edge technologies like edge technologies, cloud services, and IoT will create a number of new growth opportunities for businesses that supply data centre rack server services.
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The data center rack server market refers to the market for servers that are designed to be mounted on a rack and used in data centers. Rack servers are used to support a wide range of applications and workloads in data centers, including enterprise applications, cloud computing, virtualization, and big data analytics.
The market for data center rack servers is driven by factors such as the increasing demand for high-performance computing and storage solutions, the need for scalable and efficient data center infrastructure, and the growing trend of digitalization and data-driven decision-making.
The data center rack server market includes a range of players, from established players such as Dell Technologies Inc., Hewlett Packard Enterprise (HPE), IBM Corporation, and Lenovo Group Limited, to newer players such as Huawei Technologies Co. Ltd., Fujitsu Ltd., and Cisco Systems, Inc. These players are focusing on strategies such as product innovation, partnerships, and collaborations to enhance their market presence and expand their customer base.
The market for data center rack servers is segmented based on type, component, data center type, service, and region. Based on type, the market is segmented into blade servers, density-optimized servers, and rack servers. Based on component, the market is segmented into hardware, software, and services. Based on data center type, the market is segmented into small and medium-sized data centers and large data centers. Based on service, the market is segmented into consulting, installation and support, and professional services. Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW).
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Data Centre Rack Server Market: Key Players
The major players identified in the global data center rack server market includes:
- Hewlett Packard Enterprise Development LP
- Lenovo
- FUJITSU
- NEC Corporation
- Selrack Pvt. Ltd
Data Centre Rack Server Market: Market Segmentation
Based on product type, Data Centre Rack Server market can be segmented into:
- Single processor Quad core
- Single processor Xeon
- Dual processor Xeon
- 4-way server
- N-way server
- RISC servers
Based on end user type, Data Centre Rack Server market can be segmented into
- Banking Institutions
- E-commerce Businesses
- Cloud Services
- Cyber Security Firms
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