Data Center Rack Server Market to Reach $40.25 Billion by 2019 – Reports MarketsandMarkets
(PRWEB) December 08, 2014 -- The research report “Data Center Rack Server Market”, defines the global market for the revenue forecasts and current demand trends. It expects the global market to grow at a projected CAGR of 7.17.5 from 2014 to reach $40.25 billion by 2019.
Explore 107 exclusive data tables, detailed ToC & 130 figures on the “Data Center Rack Server Market”, spread across over 225 pages.
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MarketsandMarkets broadly segments the Data Center Rack Server Market on the basis of the types of the data centers. These types include Tier 1, Tier 2, Tier 3, and Tier 4. It segments the market on the basis of the types of services, which include consulting services and installation and support services, professional services. Major business verticals analyzed in the report include Telecom and IT, BFSI, public sector, healthcare, media and entertainment, retail, manufacturing, and such others. The report also defines the industry growth on the basis of the significant geographic regions, which include North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA). According to the report, mid-size companies, enterprise companies, and large enterprises are the major end-users for this market.
The report on data center rack server market emphasizes on the evolution of this industry. It also analyzes the key adoption trends, future opportunities, and business cases in this innovative market. MarketsandMarkets expects an increasing adoption of power efficient and low cost high performance computing solutions. According to them, this growth is a result of growing rate of adoption as the major vendors are aggressively investing in cost effective data center solutions. It is basically an effort to reduce the overall cost incurred by the end-users.
In the current scenario, the report expects the data center rack server to cause a significant influence on the overall growth of the global data center market. It expects the rack server market to experience exponential growth in the coming years. It expects heterogeneous environments and hybrid clouds to create potential opportunities for the market products, with more focus on software-defined storage.
This research report analyzes market dynamics, future roadmaps and global trends in the data center rack server market. It also provides competitive intelligence and revenue forecasts over the next five years. It expects the adoption of a rack server based datacenters to play a vital role in helping the IT teams to meet the fast-evolving business needs of their organization.
The report expects North America (NA) to be the largest Data Center Rack Server Market in terms of revenue generation. It expects Asia-Pacific (APAC) is expected to emerge as a high-growth market in the future.
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