Global Data Center Rack Market Size & Outlook, 2023-2030
Global data center rack market, 2018-2030 (US$M)
Related Markets
Global data center rack market highlights
- The global data center rack market generated a revenue of USD 4,133.0 million in 2023 and is expected to reach USD 7,574.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9% by 2030.
- In terms of segment, cabinet accounted for a revenue of USD 2,408.8 million in 2023.
- Cabinet is the most lucrative rack type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,133.0 million |
| Market revenue in 2030 | USD 7,574.3 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Cabinet |
| Fastest growing segment | Cabinet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open Frame Rack, Cabinet |
Other key industry trends
- In terms of revenue, the North America accounted for 42.2% of the global data center rack market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 28.2 million by 2030.
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Data Center Rack Market Scope
Data Center Rack Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global data center rack market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center rack market will help companies and investors design strategic landscapes.
Cabinet was the largest segment with a revenue share of 58.28% in 2023. Horizon Databook has segmented the Global data center rack market based on open frame rack, cabinet covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Data Center Rack Rack Type Outlook (Revenue, USD Million, 2018-2030)
- Open Frame Rack
- Cabinet
- Others
- Global Data Center Rack Rack Height Outlook (Revenue, USD Million, 2018-2030)
- Below 42 U
- 42 U
- Above 42 U
- Global Data Center Rack Rack Width Outlook (Revenue, USD Million, 2018-2030)
- 19 Inch
- 23 Inch
- Others
- Global Data Center Rack Verticals Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecom
- BFSI
- Healthcare
- Retail
- Government & Defense
- Energy
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global data center rack market , including forecasts for subscribers. This global databook contains high-level insights into Global data center rack market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global data center rack market size, by regions, 2018-2030 (US$M)
Top 10 countries: Data center rack market size, 2023 (US$M)
Global data center rack market share, by rack type, 2023 & 2030 (%, US$M)
Data center rack market: Opportunity assessment by country
Global data center rack market, by region, 2023 (US$M)
Related regional statistics
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