Data Center Rack Market Size Responds to Evolving IT Infrastructure Needs | Anticipated to Gain USD 9.5 Billion by 2031

The Data Center Rack Market size was worth $3.9 billion in 2021 and is projected to increase to $9.5 billion by 2031, with a CAGR of 9.7% from 2022 to 2031. Due to the growing demand for greater data storage capacity to fulfill the needs of internal and external IT services, the idea of data …

Data Center Rack Market 2022 – What Will Emerge As A Key Opportunity?

Major factors that drive growth of the data center rack market include rapid increase of data center colocation facilities across the globe and rise in server density. However, hyper-converged infrastructure that provide rack-scale platforms in data centers is one of the factors that hamper growth of the market to some extent. Furthermore, the adoption of …