Data Center Rack Market is predicted to reach USD 9.9 Billion at a CAGR of 8.90% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Data Center Rack Market”

Market Research Future (MRFR) has published a cooked research report on the “Global Data Center Rack Market” that contains information from 2018 to 2032. The data center rack market is estimated to register a CAGR of 8.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global data center rack market— Hewlett Packard Enterprise Development LP, Fujitsu, Rittal GmbH & Co. KG, Great Lakes Data Racks & Cabinets, Eaton Corporation, Oracle Corporation, Black Box, Samsung Electronics Co., Ltd, Dell Technologies Inc., Schneider Electric.

Data Center Rack Market Outlook:

The global data center rack market is accounted to register a CAGR of 8.90% during the forecast period and is estimated to reach USD 9.9 Billion by 2032.

As businesses rely more on data storage and processing, the market for data center racks is expanding. The market is expanding as a result of factors such the quick development of data-intensive applications, cloud computing, and the requirement for effective space utilisation. Opportunities exist in the market due to the demand for high-density racks and developments in cooling technologies.

Segment Analysis

The global data center rack market has been segmented based component, rack type, data center size, rack height and industry vertical.

On the basis of component, the market is segmented into solution and service. The solution segment dominated the market in 2022. The fundamental reason for this is that there is a significant need for physical infrastructure goods that provide the framework necessary for positioning and housing servers, networking hardware, and storage devices inside data centers.

Based on rack type, the global data center rack market has been segmented into cabinets/ enclosed racks, open frame rack. The cabinets/ enclosed racks segment dominated the market in 2022. Cabinets/enclosed racks provide a higher level of physical security and equipment protection than open frame racks provide.

Based on data center size, the global data center rack market has been segmented into large data centers, small and mid-sized data centers. The small and mid-sized data centers segment dominated the market in 2022. Data centers with 20,000 square feet or less of computing space are included in this category.

Based on rack height, the global data center rack market has been segmented into 42U and below, 43U up to 52U, above 52U. The 43U up to 52U segment dominated the market in 2022. The requirement for extra space on the part of organisations has resulted in an expansion in rack sizes that can house more racks.

Based on Industry vertical, the global data center rack market has been segmented into BFSI, manufacturing, IT and telecom, retail, healthcare, media and entertainment, others. The Retail segment dominated the market in 2022. The retail sector frequently uses large data center infrastructure.

Regional Analysis

The global data center rack market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe data center rack market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The data center rack market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World data center rack market comprises of Middle East, Africa, and Latin America.

The North America Data center rack Market dominated this market in 2022 (45.80%). due to the presence of several data center facilities and the accessibility of cutting-edge infrastructure in the area. The requirement for greater performance and optimal space utilisation is predicted to increase demand for data center racks.

Moreover, Europe is the second-largest region in the data center rack market. Strong data privacy regulations, including the General Data Privacy Regulation (GDPR), have been implemented in Europe. The GDPR's need for the protection and privacy of personal data forces data centers to adhere to strict security and compliance standards. Data center racks that can support regulatory compliance are highly sought-after because of the importance put on data security.

Additionally, from 2023 to 2032, the Asia-Pacific Data center rack market is anticipated to experience the quickest CAGR growth. In the Asia-Pacific region, the digitalization of a number of sectors, including e-commerce, telecommunications, finance, and manufacturing, has advanced significantly. Because of the huge increase in data generation brought on by the digital transformation, there is a greater requirement for data center infrastructure and data center racks.

Furthermore, due to the region's digital transformation and rising data storage needs, the Latin American data center rack market is expanding. Latin America offers prospects for data center rack solutions because to factors like growing cloud services, increasing internet usage, and increased investments in data infrastructure.

Key Findings of the Study

• The global data center rack market is expected to reach USD 9.9 Billion by 2032, at a CAGR of 8.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. In the Asia-Pacific region, the digitalization of a number of sectors, including e-commerce, telecommunications, finance, and manufacturing, has advanced significantly.


• Based on component, the solution segment was attributed to holding the largest market in 2022,


• Hewlett Packard Enterprise Development LP, Fujitsu, Rittal GmbH & Co. KG, Great Lakes Data Racks & Cabinets, Eaton Corporation, Oracle Corporation, Black Box, Samsung Electronics Co., Ltd, Dell Technologies Inc., Schneider Electric.