The Data Center Rack Market: Powering the AI Revolution
The data center rack market is experiencing unprecedented growth, driven by the explosive demand for artificial intelligence infrastructure and hyperscale computing facilities. As organizations worldwide accelerate their digital transformation initiatives, the humble data center rack has emerged as a critical component in the backbone of our digital economy. Explore the full report - https://futuremarketanalytics.com/report/data-center-rack-market/ Market Size and Growth Trajectory The global data center rack market, valued at approximately $4.28-5.13 billion in 2024, is projected to reach between $8.42-8.7 billion by 2029-2030, representing a robust compound annual growth rate (CAGR) of 8.2-10.2%. This substantial growth reflects the increasing demand for organized, efficient server infrastructure as businesses embrace cloud computing and AI-driven applications. The market's expansion is particularly pronounced in certain regions. North America currently leads the marke...