The data center rack server market size is estimated to grow from USD 36.47 Billion in 2016 to USD 90.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.95%.
The increasing need for higher density servers reduced capital & operational expenditure, the growing need for scalable data centers, and easy migration from traditional and effective than advanced technologies are the major growth drivers of the market. In this study, 2015 has been considered as the base year and 2016-2021 as the forecast period.
The major forces driving the data center rack server market are the increasing need for higher density servers, reduced capital & operational expenditure, the growing need for scalable data centers, and easy migration from traditional technologies.
The data center rack server market is growing rapidly owing to the increasing number of users opting for low-cost and scalable data center solutions.
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