The global Data Center Rack Server Market size is projected to grow from USD 52.1 billion in 2019 to USD 102.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The major factors that are driving the growth of the data center rack server market include the increasing need for high-density servers due to high computation needs and advancement in emerging technologies, such as edge computing, IoT, and big data analytics.
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