GLOBAL Data Center Rack Server MARKET REPORT, MARKET SIZE, SHARE, TRENDS, ANALYSIS AND FORECAST TO 2028

According to Stratistics MRC, the Global Data Center Rack Server Market is accounted for $88.67 billion in 2023 and is expected to reach $221.88 billion by 2030 growing at a CAGR of 14.0% during the forecast period.

A data center rack server is a type of server designed to be mounted in a standard equipment rack within a data center environment. These servers are typically compact and powerful, optimized for high-density computing and efficient use of space. They feature a slim, rectangular form factor that allows them to be stacked vertically in racks, maximizing floor space utilization. Rack servers are commonly used for tasks such as web hosting, data storage, virtualization, and cloud computing. They offer scalability, easy maintenance, and centralized management, making them ideal for enterprise-level applications.

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The Asia-Pacific region has witnessed robust growth due to rapid digitization across various industries, increasing demand for cloud services, and the proliferation of IoT devices, that have driven the need for efficient data storage and processing solutions. Moreover, the expanding e-commerce sector and government initiatives towards digital transformation have further fuelled the demand for data centers and rack servers in the region. Furthermore, the emergence of emerging economies such as China, India, and Southeast Asian countries as major hubs for technology adoption has contributed significantly to the market’s growth.

Some of the key players in Data Center Rack Server market include HPE, Asus, Belden Inc., Black Box Corporation, Chatsworth Products, Cisco Systems, Dell , Fujitsu, Huawei, IBM, Inspur Systems Inc., Iron Systems, Lenovo , NEC Corporation, Oracle, Quanta Computer Inc., Rittal, Schneider Electric, Supermicro, Tripp Lite and Vertiv.    

Key Developments:

In March 2024, ASUS Republic of Gamers (ROG) has introduced two new models in the ROG Strix series of gaming monitors, the XG27UCS and XG27ACS. These monitors are designed with an innovative stand that occupies less space and includes a groove for mobile devices, along with USB-C connectivity to minimize cable clutter. They incorporate AI-powered GamePlus technology for enhanced gaming performance.

In March 2024, Oracle and NVIDIA announced an expanded collaboration to deliver sovereign AI solutions to customers around the world. Oracle’s distributed cloud, AI infrastructure, and generative AI services, combined with NVIDIA’s accelerated computing and generative AI software, are enabling governments and enterprises to deploy AI factories.

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