Rack Server Market to Grow with a CAGR of 9.72% Globally through to 2028
Rack
Server market increasing due to rising demand for data center infrastructure in
the forecast period, 2024-2028.
According
to TechSci Research report, “Global Rack Server Market - Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028. Global
Rack Server market has witnessed tremendous growth in recent years, reaching a
valuation of USD 4.78 billion in 2022. The market is projected to continue its
strong upward trajectory, posting a CAGR of 9.72% from 2024 to 2028.
Global
Rack Server market is witnessing significant growth backed by increasing demand
from commercial real estate and facilities management organizations worldwide.
Real estate firms recognize that advanced fire safety and property management
capabilities provided by rack servers are strategic for optimizing operations,
managing risks effectively and ensuring regulatory compliance.
any
commercial property businesses are partnering with leading rack server solution
providers to streamline critical processes such as fire inspection management,
equipment maintenance and reporting using rack server platforms. Rack server
solutions are helping improve collaboration between different teams and drive
efficiencies across distributed property networks. Technologies such as
cloud-based fire safety platforms, 3D building design software, and Industry
4.0-ready smart building systems enabled by rack servers provide commercial
real estate companies with advanced capabilities to deliver customized safety
and compliance solutions. This aids enterprises in gaining competitive
advantages through improved productivity, reduced costs, and shortened time to
market for new developments.
Adoption
is also fueled by corporate digital transformation strategies prioritizing
flexibility and remote management supported by rack servers. Real estate
companies now understand the strategic value of rack servers in supporting
distributed property portfolios, enabling flexible work environments, and
facilitating the development of complex building designs. This shift is driving
demand as companies seek to optimize costs and quickly respond to changing
regulations.
Continued
innovation in areas like AI-powered facilities management, smart building
platforms and digital twin technologies further propels market growth.
Companies can develop customized, data-driven and adaptive property management
and fire safety models tailored to their portfolio and business requirements
using rack servers.
As
commercial real estate businesses discover new ways to leverage rack servers
for digital operations and smart building strategies, long-term growth
prospects for the global rack server market remain positive. Reliable and
advanced fire safety and compliance capabilities have become critical for
supporting flexible work environments, enabling customized tenant experiences,
and developing complex buildings globally. The market is poised to grow
strongly as adoption increases across geographies and property types to support
evolving digital property management needs reliant on rack server infrastructure.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on
"Global Rack Server Market.”
Global
Rack Server Market is Segmented by Form Factor, Price Range, and End-User
Industry:
The
global rack server market is segmented based on form factor, price range, and
end-user industry. Based on form factor, the market is classified into 1U, 2U,
and 4U rack servers. In 2022, the 1U rack server segment accounted for the
largest share of over 35% due to high density and balanced processing power.
By
price range, the market is bifurcated into entry-level, mid-range, and high-end
rack servers. The mid-range rack server category dominated with a share of more
than 40% in 2022 as they offer optimal performance and value
On
the basis of end-user industry, the market is divided into healthcare, IT &
telecom, hospitality, retail, manufacturing, and others. The IT & telecom
industry emerged as the fastest growing segment on account of increasing data
center deployment.
Going
forward, the 2U rack server form factor segment is expected to witness the
fastest growth during the forecast period. This is owing to rising demand for
balanced storage capacity and processing power. Meanwhile, the high-end rack
server price range segment will also exhibit strong growth rates driven by
growing requirements for cutting-edge infrastructure among hyperscalers.
Overall,
the global rack server market will continue to prosper with increasing adoption
of digital technologies across industrial and commercial sectors worldwide.
Major companies operating in Global Rack Server
Market are:
- Dell Technologies Inc
- Hewlett Packard Enterprise
Development LP
- Lenovo Group Limited
- Inspur Information
- Cisco Systems Inc.
- Huawei Technologies Co. Ltd.
- Quanta Computer Inc.
- Iron Systems Inc.
- NEC Corporation
- Super Micro Computer Inc.
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“Global
Rack Server market has witnessed significant expansion backed by advancements
in digital technologies. Technologies such as artificial intelligence, cloud
computing, Internet of Things, and data analytics are being leveraged by rack
server solution providers to deliver enhanced capabilities to their customers.
Rack
server platforms now enable organizations to generate predictive insights,
automate complex workflows, offer personalized recommendations, and manage
compliance processes at scale. This helps companies across industries optimize
and transform both core and non-core operations. Rack servers facilitate
customized solutions by collecting and analyzing vast amounts of data through
advanced analytics platforms. This allows enterprises to deeply customize
solutions, manage regulatory requirements more effectively, and enhance
experiences.
The
adoption of rack servers is no longer limited to just large enterprises. Small
and medium businesses are also partnering with rack server vendors to
streamline operations, reduce costs, and strengthen compliance controls. Rack
server companies continue investing heavily in R&D to develop
industry-specific solutions and address diverse business needs.
Regulatory
authorities are developing frameworks to ensure data privacy and security
standards are maintained, fostering innovation. Backed by ongoing technological
advancements, growing acceptance of data-driven strategies, and continuous
product innovation,
the global rack server market is well-positioned for sustained high growth in
the coming years.
As
digital technologies become core business capabilities, rack server solutions
are cementing their role as indispensable tools to optimize processes across
all enterprise sizes and industries. Analysts remain bullish on the future
prospects of the global rack server market, projecting strong revenue growth over
the next five years driven by the proliferation of digitalization across the
globe.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Rack
Server Market by Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028, Segmented by Form Factor (1U Rack Servers, 2U Rack Servers,4U Rack
Servers), By Price Range (Entry-Level Rack Servers, Mid-Range Rack Servers,
High-End Rack Servers), By End-User Industry (Healthcare, IT and Telecom,
Hospitality, Retail, Manufacturing), By Region, By Competition”, has
evaluated the future growth potential of Global Rack Server Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Rack Server Market.
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