Gmi Research15 Dec, 2022Business
The Data Center Rack Market was estimated around USD 3.8 billion in 2021 and expected to touch USD 6.6 billion in 2029 and is predicted to grow at CAGR of 7.1% during 2022-2029. The factors driving the growth of Data Center Rack Market includes emerging need to store the data generated from smart homes, cities and grids, introduction of low-cost rack solutions, rising focus by major corporation on reducing operational and capital costs.
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