MarketsandMarkets

Impact of COVID 19 on Data Center Rack Server Market

To define, describe, and forecast the data center rack market by component (solutions and services), rack type, rack height, rack width, data center size, vertical, and region.

 

Northrook, IL -- (SBWIRE) -- 04/14/2020 -- The ongoing COVID-19 pandemic—and the worldwide reaction to it—has compelled companies to radically rethink their strategies and the way they operate. We salute the industry experts helping companies survive and sustain in this pandemic.

At MarketsandMarkets™, analysts are undertaking continuous efforts to provide analysis of the COVID-19 impact on the Data Center Rack Server Market. We are working diligently to help companies take rapid decisions by studying:
- The impact of COVID-19 on the Data Center Rack Server Market, including growth/decline in product type/use cases due to the cascaded impact of COVID-19 on the extended ecosystem of the market
- The rapid shifts in the strategies of the Top 50 companies in the Data Center Rack Server Market
- The shifting short-term priorities of the top 50 companies' clients and their client's clients

You can request an in-depth analysis detailing the impact of COVID-19 on the Data Center Rack Server Market:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=210971325

According to a research report "Data Center Rack Server Market by Form Factor (1U, 2U, and 4U), Service, Tier Type (Tier 1, Tier 2, Tier 3, and Tier 4), Data Center Type (Mid-Sized, Enterprise, and Large Data Centers), Industry, and Region - Global Forecast to 2024" published by MarketsandMarkets, the global data center rack server market size is expected to grow from USD 52.1 billion in 2019 to USD 102.5 billion by 2024, at a CAGR of 14.5% during the forecast period.

Major growth factors for the market include an increasing need for high-density servers due to high computation needs and advancement in emerging technologies, such as edge computing, IoT, and big data analytics.

Browse 85 market data Tables and 34 Figures spread through 134 Pages and in-depth TOC on "Data Center Rack Server Market - Global Forecast to 2024"

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53332315

2U form factor segment to hold the largest market size during the forecast period

The 2U form factor segment is estimated to hold one of the largest chunks of the data center rack server market shares during the forecast period. This is mainly because it facilitates easy adoption in Small and Medium-sized Enterprises (SMEs). The servers require normal coolers and hence are economical. Moreover, 2U rack server solutions enable low-cost deployment for a variety of data center needs. These benefits fuel the demand for data center rack servers in the market.

Mid-sized data centers segment to record the fastest growth rate during the forecast period

The adoption of data center rack servers among mid-sized data centers is estimated to grow at the highest CAGR during the forecast period. Rack servers used in mid-sized data center provides a facility for storing and computing information at a lower cost, which helps organizations in their personal or private usage. Organizations are rapidly adopting these solutions as they provide increased scalability and easy migration from traditional technologies. Vendors can develop specific solutions targeted toward mid-sized data centers to improve their position in the data center rack server market. Furthermore, rising technological proficiency among the mid-sized data centers further compels mid-sized data centers to adopt data center rack servers.

North America to hold the largest market size during the forecast period

Countries that contribute the most to the data center rack server market in North America include the US and Canada; the reason for the dominance of these countries is their well-established economies, which enable investments in new technologies. North America being the most developed region, is home to large industries that are capable of investing in reliable and advanced IT infrastructure for growing data traffic, thereby opening new opportunities for the adoption of data center rack servers.

Market Players

Key market players profiled in this report are Hewlett Packard Enterprise (US), Lenovo (China), Dell (US), Cisco Systems (US), Huawei (China), Oracle (US), Fujitsu (Japan), NEC (Japan), Rittal (Germany), Vertiv (US), Schneider Electric (France), Asus (China), Inspur Systems (China), Iron Systems (US), Black Box Corporation (US), and Quanta Computer,. (China).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=53332315

Don't miss out on business opportunities in Data Center Rack Server Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com