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.
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In the dynamic landscape of global data infrastructure, the data center rack and enclosure market are poised for significant expansion. Projections indicate a noteworthy growth trajectory, anticipating an increase from $3.16 billion in 2022 to a robust $3.5 billion in 2023, reflecting a commendable compound annual growth rate (CAGR) of 10.9%. However, the intricate interplay of geopolitical events, such as the Russia-Ukraine conflict, has cast a shadow over the global economic recovery post-COVID-19. This geopolitical turmoil triggered economic sanctions, precipitated surges in commodity prices, and instigated supply chain disruptions, thereby fostering inflation across diverse goods and services. Consequently, the resultant increased interest rates have rippled through global markets.
Against this backdrop, the data center rack and enclosure market are anticipated to evolve further, charting a trajectory towards $5.25 billion by 2027, driven by a resilient CAGR of 10.6%. As industries navigate the multifaceted impacts of geopolitical dynamics, the data infrastructure sector remains a focal point for growth and innovation, adapting to challenges and embracing opportunities in the ever-evolving global landscape.
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In the dynamic landscape of the data center rack and enclosure market, the adoption of cutting-edge technological enclosure management systems emerges as a pivotal trend. Leading entities within this realm are strategically incorporating innovative technologies to fortify their market standing. A notable example is Genetec Inc., a Canada-based tech powerhouse, which, in May 2022, introduced the Genetec Enclosure Management Solution—a state-of-the-art system designed for data centers. Leveraging cloud link roadrunner technology, this solution establishes a robust and scalable framework for the secure administration of access to racks and cabinets. Distinguished by features such as secure access control, remote management capabilities, and scalability, this system seamlessly integrates into data center environments. Notably, it augments Genetec Inc.'s extensive portfolio of security solutions tailored for data centers, aligning with industry benchmarks, including the stringent Payment Card Industry Data Security Standard (PCI DSS). This strategic move underscores the company's commitment to advancing data center security while adhering to regulatory compliance.
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
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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