Telecommunications

Data Center Rack Server Market worth $40.25 Billion by 2019

Data Center Rack Server Market categorizes the Global Market by Data Center Type as Tier 1, Tier 2, Tier 3, Tier 4, by Services as Consulting, Installation and Support, Professional, & by End User as Mid-Size, Enterprises, Large & by geography.
Data Center Rack Server
( PR4US.com | Press Release | 2016-10-06 20:57:15 )
The report also emphasizes on key adoption trends, evolution of data center rack server, future opportunities, and business cases in this innovative market. MarketsandMarkets expects an increasing adoption of power efficient and low cist high performance computing solutions, as major vendors are aggressively investing and rigorously working toward building cost effective data center solutions, in an effort to reduce the overall cost incurred by end-users.
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MarketsandMarkets broadly segments the data center rack server market by data center type into: Tier 1, Tier 2, Tier 3, Tier 4; by services into: consulting services and installation and support services, professional services; by vertical into: telecom and IT, Banking, Financial Services, and Insurance (BFSI), public sector, healthcare, media and entertainment, retail, manufacturing, and others; by region into: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by end user into: mid-size companies, enterprise companies, and large enterprises.
In the current scenario, data center rack server has significantly impacted the global data center market and is expected to experience exponential growth in the coming years. The future adoption of data center rack server is expected to be in heterogeneous environments and hybrid clouds, with more focus on software-defined storage. The data center rack server market research report analyzes market dynamics, future roadmaps and global trends, and also provides competitive intelligence and forecasts over the next five years. The adoption of a rack server based datacenter will play a vital role in helping IT teams meet the fast-evolving business needs of their organization. In today’s business era, it’s become important for enterprises and businesses to maximize IT performance, but also on controlling costs by reducing cooling requirements, and power consumptions along with simplifying management of resources and data. To meet these objectives, companies are designing rack server in such a way to provide high performance, energy efficiency, optimize hardware resources and simplified management.
Data center rack server is defined by a controller which gets deployed on independent hardware platforms and hypervisors, and eliminates the dependency on traditional hardware platforms. This helps organizations to control data access and storage, thus reduces associated costs, and improves efficiency and scalability. Data center rack server is a major component in the data center market. It is defined by software-defined controllers, which reside on the servers, specifically to serve large and heavy applications and data flow such as hosting, cloud, or large-scale applications. It enables multiple virtual servers to run on a single physical server; all the virtual machines are isolated from each other and are decoupled with the help of hypervisors. It also enables live migration and helps the organizations into virtual computing. These software-defined rack servers help the organizations to cut energy costs, increase efficiency, agility, and performance, thus reducing complexity and space required for servers.
MarketsandMarkets forecasts the data center rack server market to grow from $22.01 billion in 2014 to $40.25 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 7.17%. North America (NA) is expected to be the largest data center rack server market in terms of revenues generated, but Asia-Pacific (APAC) is expected to emerge as a high-growth market.
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About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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