The global rackmount servers market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). A rackmount server is a dedicated server that is designed to be fit in a frame referred to as a rack. The frame includes various mounting slots known as bays that are designed to securely store a hardware unit in the rack with the support of screws. This server has a relatively low-profile enclosure as that of a tower server that is mounted onto an upright standalone cabinet.
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The significantly increasing installation of data centers in industrial and commercial sectors propels the demand for the highly-efficient servers to deliver optimum results with higher-speed networking solutions. This, in turn, is expected to create flourishing growth opportunities for the market and influence the market growth during the forecast period. Some new product launches in the market by various key vendors including Cisco UCS C240 M6, HPE Proliant DL380 Gen10, and Fujitsu PRIMERGY RX4770 M5, among others with enhanced workload capacity is anticipated to drive the growth of the market during the forecast period.
Moreover, the key players present in the market include IBM Corp., Cisco Systems, Inc., Oracle Corp., Hitachi, Ltd., and others adopted various strategies to remain competitive in the market. For instance, in March 2021, Dell Technologies announced the launch of PowerEdge R750, as one of the biggest servers designed with innovative Intel and AMD chips. The server is designed with new software features including 24 NVMe drives and 8 PCIe 4.0 slots, 32 DIMM slots for memory, and 8TB of capacity for efficient throughput and optimum performance.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- IBM Corp., Cisco Systems, Inc., Oracle Corp., Hitachi, Ltd., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Rackmount Servers Market Report Segmentation
By Product Type
- 1U Servers
- 2U Servers
- 4U Servers
- Others
By Application
- Industrial Data Center
- Commercial Data Center
- Others
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