In 2022, it is expected that the market for high density racks (>100Kw) will be worth US$ 3123.5 million. To meet the growing demand for complex analytics and storage from corporate processes, the number of data centres is rapidly growing.
By 2032, the global market for high density racks (>100Kw) is anticipated to reach US$ 6758.1 million, growing at an 8% CAGR. Sales increased sharply between 2016 and 2021, with a CAGR of 6.1%.
High density racks help users by ensuring that the zone’s size and design are sufficient to accommodate expansion for at least five to ten years. They are most useful in areas with high space costs.
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High density racks are primarily used to support high density computing in data centres, where they support information technology and various networking equipment such as switches, servers, and routers. The overall demand for high density racks (>100Kw) is projected to grow at a CAGR of 8% between 2022 and 2032, totalling around US$ 6,758.1 Million by 2032.
The North America high density racks (>100Kw) market is expected to accumulate a market share of 24.6% in 2022. On a geographic basis, the US is anticipated to be the one of the largest high density racks (>100Kw) markets due to the presence of a lot of exporters. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in various applications.
With a share of 21.4%, the European region is anticipated to be the second-largest market for high density racks (>100Kw). Demand for high density racks (>100Kw) is anticipated to rise as a result of an unavoidable need for better performance.
A strong economic landscape, huge IT budgets, high technology assimilation, and the early adoption of advanced technologies, such as edge computing, High performance computing (HPC), and AI, are expected to boost the demand.
Netrack India announced the release of the NRSE series high-density closed rack solution for a reliable data centre in February 2022. High-density data centres are essential for managing high-density applications. Server cabinets and racks are the foundation of a data center’s capability. There are various cabinets available for data centre applications. Choosing the right server rack for a high-density data center is crucial for its functionality.
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Key Segments:
By Type:
- Drive-in Rack
- Drive-through Rack
By Cooling:
- Refrigerant
- Water
- Direct Expansion
- Air Flow
By End Use:
- Distribution Centers
- Warehouses
- Food Processing Plants
- Big-box Retail Outlets
- Data Center
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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