NEW YORK, The Server Rail Kit Market share is expected to increase by USD 480.3 million from 2021 to 2026 at an accelerated CAGR of 10.4%, according to the recent market study by Technavio.
Learn More about Key Driver & Challenge of the Market-
Server Rail Kit Market Driver: Increased demand for cloud-based storage:
Cloud storage is an on-demand service provided to users by various firms, such as Amazon.com, Facebook, and Google, at a nominal subscription fee. The increased demand for cloud storage is fueling the market for data centers. Moreover, government authorities worldwide have released several guidelines to promote the use of data centers.
Server Rail Kit Market Challenge: Server workload optimization:
Enterprises and data center service providers need advanced and high-performance servers to handle high workloads. These workloads challenge the computing capacity of servers when enterprises and data center service providers upgrade their existing infrastructure. Hence, they face issues with optimum utilization of the servers’ computing capacity. Other issues include the power and physical space constraints in data centers and the unexpected surge in enterprise server capacity demands, further increasing complications.
Geographical Analysis
APAC will account for 30% of the market’s growth during the forecast period. China and Australia are the key countries for server rail kits in APAC. The extensive use of big data analytics, online video streaming and gaming, and cloud services by enterprises and consumers in countries such as Australia, Japan, South Korea, Singapore, India, and China will facilitate the server rail kit market growth in APAC over the forecast period.
Segmentation by Application (In-Scope/Out-of-Scope)
In-Scope: Rack server:
The market vendors should focus on grabbing business opportunities from the rack server segment under the application category, as it accounted for the largest market share in the base year. Rack servers have the flexibility to be integrated with external storage devices such as RAID controller cards and have higher memory slots when compared with blade servers.
Out-of-Scope: Blade servers
Highlights-
Segmentation- The report extensively covers market segmentation by application (rack server and blade server) and geography (North America, Europe, APAC, South America, and Middle East and Africa). Key Companies- Accuride International Inc., AGC Networks Ltd., Cisco Systems Inc., Dell Technologies Inc., Eaton Corp. plc, E-Link China Technology Co. Ltd., Friedhelm Loh Stiftung and Co. KG, Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Jonathan Engineered Solutions Corp., Kendall Howard, King Slide Works Co. Ltd., Lenovo Group Ltd., NetRack Enclosures Pvt. Ltd., Oracle Corp., Schneider Electric SE, Super Micro Computer Inc., Synology Inc., and Vertiv Holdings Co. among others. Driver- Increased demand for cloud-based storage Challenge- Server workload optimization
Vendor Insights-
The server rail kit market is fragmented, and the vendors are deploying growth strategies such as focusing on technological innovations and forming partnerships among vendors and server rail kit providers to compete in the market.
Here are Some Similar Topics-
Customer Information System Market by Deployment and Geography – Forecast and Analysis 2022-2026: The customer information system market share is expected to increase by USD 378.37 mn from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.38%. Download Exclusive Free Sample Report
Digital Commerce Software Market by Deployment and Geography – Forecast and Analysis 2022-2026: The digital commerce software market share is expected to increase by USD 4.94 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.26%. Download Exclusive Free Sample Report
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
This article was shared with Prittle Prattle News as a Press Release by PRNewswire.
