Australia Data Center Rack Market is Expected to Register a CAGR 9.25% Through 2029
Expansion of Hyperscale Data Centers, Growth in Cloud Computing & Big Data Analytics and Rise
in Edge Computing & IoT Deployments are the likely to propel the market during
the forecast period.
According to
TechSci Research report, “Australia Data Center Rack Market – By Region,
Competition, Forecast and Opportunities, 2019-2029F”, Australia Data Center Rack Market was valued at
USD 614 Million in 2023 and is expected to grow at a CAGR of 9.25% during the forecast period through 2029.
The increasing emphasis on energy
efficiency and sustainability in data centers is a significant driver of the
Data Center Rack market in Australia. As data centers consume vast amounts of
energy, there is growing pressure from governments, regulators, and customers
to reduce their environmental impact. This has led to a heightened focus on
energy-efficient technologies and practices, including the design and use of
data center racks.
In Australia, where energy costs are
relatively high and there is a strong commitment to reducing carbon emissions,
data center operators are increasingly prioritizing energy efficiency. Data
center racks play a crucial role in this effort, as they are integral to the
overall cooling and power management of the facility. Efficient rack designs
can improve airflow, reduce energy consumption, and enhance the overall
performance of the data center.
One of the key trends driving the demand
for energy-efficient racks is the adoption of high-density server
configurations. As data centers strive to maximize their computing power while
minimizing their physical footprint, they are increasingly turning to
high-density racks that can accommodate more servers in a smaller space. These
racks require advanced cooling solutions to manage the heat generated by
densely packed equipment, driving innovation in rack design.
Sustainability is also a growing concern
for data center operators in Australia. There is increasing demand for racks
made from sustainable materials and designed for long-term use, reducing the
environmental impact of data center operations. Additionally, data center
operators are exploring modular rack designs that allow for easy upgrades and
reconfigurations, extending the lifespan of the racks and reducing the need for
frequent replacements.
Government regulations and industry
standards related to energy efficiency and sustainability are also influencing
the Data Center Rack market in Australia. For example, the Australian
government has set ambitious targets for reducing carbon emissions, and data
centers are expected to play a role in achieving these goals. As a result, data
center operators are investing in energy-efficient infrastructure, including
racks, to comply with regulatory requirements and meet customer expectations.
Browse over XX Market
data Figures spread through XX Pages and an in-depth TOC on " Australia Data Center Rack Market”
Based
on Industry, The IT & Telecom
held the largest market share in 2023. The IT and telecom industries are
central to the expanding data center ecosystem in Australia. Both sectors rely
heavily on robust, scalable infrastructure to support their operations,
including cloud services, data storage, and high-speed communications. As
organizations in these sectors continue to grow and adopt advanced
technologies, there is a heightened demand for data center racks that can
accommodate large volumes of servers, networking equipment, and storage
solutions.
The
telecommunications industry, in particular, drives substantial demand for data
center racks as it expands its network infrastructure to support new services
and technologies such as 5G. The rollout of 5G networks requires the deployment
of edge data centers to process data closer to the end user, reducing latency
and improving service quality. This necessitates the installation of
high-density racks that can support the increased number of network devices and
infrastructure needed for 5G.
The
IT sector’s dominance in the data center rack market is also influenced by the
growth of cloud computing and big data analytics. Major cloud service providers
and data centers supporting IT services need substantial rack capacity to
handle vast amounts of data and provide reliable, high-performance services.
This demand for high-density and modular rack solutions aligns with the need
for scalable and flexible infrastructure that can adapt to evolving technology
requirements.
Furthermore,
both IT and telecom sectors are investing in modernizing their data centers to
improve energy efficiency, enhance cooling solutions, and implement advanced
security measures. This trend towards upgrading existing infrastructure and
expanding capacity further fuels the demand for advanced data center racks.
Major companies
operating in the Australia Data Center Rack Market are:
- Schneider
Electric SE
- IBM Corporation
- Cisco Systems Inc.
- Eaton Corporation Plc
- Siemens AG
- Intel Corporation
- Vertiv Holdings Co.
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd
- Rackspace Technology
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“The Australia
Data Center Rack market presents a significant growth opportunity driven by the
rapid expansion of cloud computing, edge computing, and IoT deployments. The
increasing demand for high-density and modular rack configurations, coupled
with a strong emphasis on energy efficiency and sustainability, positions the
market for continued development. As data centers evolve to meet rising data
processing and storage needs, the demand for advanced, scalable rack solutions
is expected to surge. Additionally, the growing focus on security and
monitoring within data center environments further underscores the market's
potential for innovation and investment”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based global management consulting firm.
“Australia
Data Center Rack Market, By Rack Type (Cabinets/Enclosed Racks and Open
Frame Racks), By Data Center Size (Small and Mid-sized Data Centers and Large
Data Centers), By Rack Height (40U and Below, 41U up to 50U, and Above 51U), By
Industry (BFSI, Retail, IT & Telecom, Government, Healthcare, and Others), By
Region, Competition, Forecast & Opportunities, 2019-2029F”,
has evaluated the future growth potential of Australia Data Center Rack Market and
provides statistics & information on Market size, structure and future Market
growth. The report intends to provide cutting-edge Market intelligence and help
decision-makers make sound investment decisions., The report also identifies
and analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Australia Data Center Rack Market.
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