Dublin, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The "Data Center Rack Server - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Data Center Rack Server was estimated at US$84.3 Billion in 2023 and is projected to reach US$211.9 Billion by 2030, growing at a CAGR of 14.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts. 
How Do Rack Servers Enhance Data Center Performance and Scalability?
Rack servers play a critical role in enhancing the performance and scalability of data centers. Their modular design allows for flexibility in configuration, enabling data centers to tailor their hardware setups according to specific needs and to scale up resources efficiently as demands grow. Unlike large standalone servers, rack servers can be incrementally added to the existing infrastructure, providing a cost-effective way to expand IT capabilities.
Additionally, the standardized form factor of rack servers simplifies integration with existing systems, which is invaluable for maintaining uniformity across data center operations. This modularity and standardization help streamline both system upgrades and maintenance, ensuring that data centers can adapt to evolving technological trends while maintaining high levels of service availability and performance.
What Challenges and Innovations Influence Rack Server Technology?
Despite their advantages, rack servers present specific challenges that drive ongoing innovation in their design and functionality. One major challenge is heat management. Packing multiple high-power servers in a confined space generates significant heat, which if not adequately managed, can reduce system reliability and lifespan. Innovations in cooling technologies, such as liquid cooling solutions and advanced airflow management systems, are critical in addressing these thermal issues.
Moreover, as the density of rack servers increases, power consumption and efficiency become increasingly important. Innovations like energy-efficient power supplies and server components that can operate at lower power levels are becoming standard. Additionally, with the rise of artificial intelligence and big data, rack servers must continually evolve to handle more significant amounts of data processing, necessitating ongoing advancements in processor speeds, memory, and storage technologies.
What Drives the Growth in the Data Center Rack Server Market?
The growth in the data center rack server market is driven by several factors, including the escalating demand for data processing capabilities and the continuous expansion of cloud computing services. As businesses and consumers alike generate and consume an ever-increasing amount of data, the need for robust, scalable, and efficient data storage and processing facilities becomes critical. Rack servers offer a compact, scalable solution that can be rapidly deployed to meet these needs.
Furthermore, the increasing focus on cost-effective solutions for data management is propelling the adoption of rack servers, which offer significant operational efficiencies compared to other server architectures. Additionally, technological advancements that enhance server performance, energy efficiency, and heat management are making rack servers more appealing. The market is also influenced by the growing trend towards virtualization and the Internet of Things (IoT), which require flexible and high-density server solutions. These technology trends, coupled with consumer behavior and economic factors, drive substantial growth and development in the rack server market, making it a cornerstone of modern data center strategies.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Data Center Rack Server Solutions segment, which is expected to reach US$153.3 Billion by 2030 with a CAGR of a 13.6%. The Data Center Rack Server Services segment is also set to grow at 15.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $22.4 Billion in 2023, and China, forecasted to grow at an impressive 13.0% CAGR to reach $31.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Data Center Rack Server Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., Dell Technologies, Fujitsu Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $84.3 Billion |
| Forecasted Market Value (USD) by 2030 | $211.9 Billion |
| Compound Annual Growth Rate | 14.1% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Data Center Rack Server - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
FOCUS ON SELECT PLAYERS
- Cisco Systems, Inc.
- Dell Technologies
- Fujitsu Ltd.
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co., Ltd.
- Iron Systems, Inc.
- Lenovo Group Limited
- NEC Corporation
- Oracle Corporation
- Quanta Computer
MARKET TRENDS & DRIVERS
- Increasing Data Traffic Propels Growth of High-Performance Rack Servers
- Growing Emphasis on Energy Efficiency and Sustainability Strengthens Business Case for Efficient Rack Servers
- Technological Advancements in Server Hardware Drive Market Growth
- Increasing Focus on Reducing Operational Costs Strengthens Case for Efficient Rack Servers
- Rise in Virtualization Trends Generates Demand for High-Density Rack Servers
- Growing Adoption of Hyper-Converged Infrastructure (HCI) Drives Market for Advanced Rack Servers
- Expansion of High-Performance Computing (HPC) Data Centers Drives Demand for Powerful Rack Servers
- Increasing Data Center Investments in Developing Regions Expands Market for Affordable Rack Servers
For more information about this report visit https://www.researchandmarkets.com/r/jbfxtm
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