Denmark Data Center Rack Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 39.92 Thousand units |
| Market Volume (2030) | 80.50 Thousand units |
| CAGR (2024 - 2030) | 12.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Denmark Data Center Rack Market Analysis
The Denmark Data Center Rack Market size is estimated at 39.92 Thousand units in 2024, and is expected to reach 80.50 Thousand units by 2030, growing at a CAGR of 12.40% during the forecast period (2024-2030).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
Under Construction IT Load Capacity: The upcoming IT load capacity of the Denmark data center rack market is expected to reach over 320 MW by 2029.
Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 1.1 million sq. ft by 2029.
Planned Racks: The country's total number of racks to be installed is expected to reach 63,000 units by 2029. Copenhagen is expected to house the maximum number of racks by 2029.
Planned Submarine Cables: There are close to 30 submarine cable systems connecting the Netherlands, and many are under construction.
Denmark Data Center Rack Market Trends
E-commerce segment to show at a faster pace in coming years
- Denmark is well-positioned for continued growth in e-commerce. The region is ranked by the World Bank as one of the top five countries with the best business relations.
- It is easy for international distributors to understand Danish e-commerce logistics and payments and build a local business.
- Furthermore, the high penetration of the internet and smartphones in the region is paving the way for the e-commerce market.
- Online payments are card-based in Denmark and are the most preferred online shopping option. International merchants offer comprehensive card payment capabilities to reach as many consumers as possible and capture local market share.
Full rack segment to hold major share in the market
- In Denmark, full racks occupy a large market share as the space shortage among various companies is becoming more acute.
- BFSI's economic sector is expanding. In recent years, the use of online and mobile banking has increased in Denmark. This will require the construction of complete data center facilities as the demand for e-banking and online transactions increases.
- Tier-3 and Tier-4 data centers are growing in popularity as the number of conglomerates continues to grow with the advent of 24/7 business continuity services. This increases the number of racks and indicates using the entire rack for consolidating such data.
- In order to better serve customers, with the proliferation of equipment, customers need more racks in data centers.
- Additionally, with the launch of 5G, we need to ensure adequate speed availability. As a result, the country has adopted cloud computing, increased the number of internet users, and adopted fiber optic technology. With the introduction of such technologies and the increase in data usage, the use of full-rack data centers is increasing in the country.
Denmark Data Center Rack Industry Overview
The Denmark Data center rack market is relatively moderate in terms of competition and has a few players in the market, such as Eaton Corporation, Black Box Corporation, Rittal GMBH & Co.KG, Schneider Electric SE, Vertiv Group Corp. These major players focus on expanding their customer base in the country. These companies leverage strategic collaborative initiatives to increase their market share and profitability. The increase in the data center construction corresponds to increasing demand for the number of racks in the data centers.
In July 2023, Borealis Data Center will likely offer companies access to sustainable cloud services in collaboration with IBM Denmark.
Denmark Data Center Rack Market Leaders
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Eaton Corporation
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Black Box Corporation
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Rittal GMBH & Co.KG
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Schneider Electric SE
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Vertiv Group Corp.
*Disclaimer: Major Players sorted in no particular order
Denmark Data Center Rack Market News
The increase in the data center construction corresponds to increasing demand for the number of racks in the data centers. For instance,
- February 2023: Prime Data Centers enters Denmark with a 124 MW Data Center Campus at Energivej in Saeby, Denmark.
- October 2022: Eaton Corporation launched its Open Compute Project (OCP) Open Rack v3 (ORV3) compatible solutions. It is purpose-built and preconfigured with a focus on the efficient and scalable delivery of critical power for their data centers seeking to deploy ORV3 racks.
Denmark Data Center Rack Market Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increased Migration to Cloud-based Business Operations
4.2.2 Internet Adoption and Information Technology Services to Boost Market Progress
4.3 Market Restraints
4.3.1 Low Availability of Resources
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers/Consumers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
5.1 Rack Size
5.1.1 Quarter Rack
5.1.2 Half Rack
5.1.3 Full Rack
5.2 End-User
5.2.1 IT & Telecommunication
5.2.2 BFSI
5.2.3 Government
5.2.4 Media & Entertainment
5.2.5 Other End-Users
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Eaton Corporation
6.1.2 Black Box Corporation
6.1.3 Rittal GMBH & Co.KG
6.1.4 Schneider Electric SE
6.1.5 Vertiv Group Corp.
6.1.6 Dell Inc.
6.1.7 nVent Electric PLC
6.1.8 Hewlett Packard Enterprise
6.1.9 Cabinet System A/S - Europavej
6.1.10 Lan-Com A/S
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Denmark Data Center Rack Industry Segmentation
A data center rack is a physical enclosure made up of usually steel housing electronic framework. It is designed to house servers, networking and communication devices, cables, and other data center computing peripherals.
The Denmark data center rack market is segmented by rack size (quarter rack, half rack, full rack) and by end user (IT & telecommunication, BFSI, government, and media & entertainment). The market sizes and forecasts are provided in terms of volume (units) for all the above segments.
| Rack Size | |
| Quarter Rack | |
| Half Rack | |
| Full Rack |
| End-User | |
| IT & Telecommunication | |
| BFSI | |
| Government | |
| Media & Entertainment | |
| Other End-Users |
Denmark Data Center Rack Market Market Research Faqs
How big is the Denmark Data Center Rack Market?
The Denmark Data Center Rack Market size is expected to reach 39.92 thousand units in 2024 and grow at a CAGR of 12.40% to reach 80.50 thousand units by 2030.
What is the current Denmark Data Center Rack Market size?
In 2024, the Denmark Data Center Rack Market size is expected to reach 39.92 thousand units.
Who are the key players in Denmark Data Center Rack Market?
Eaton Corporation, Black Box Corporation, Rittal GMBH & Co.KG, Schneider Electric SE and Vertiv Group Corp. are the major companies operating in the Denmark Data Center Rack Market.
What years does this Denmark Data Center Rack Market cover, and what was the market size in 2023?
In 2023, the Denmark Data Center Rack Market size was estimated at 34.97 thousand units. The report covers the Denmark Data Center Rack Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Denmark Data Center Rack Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Denmark Data Center Rack Market Industry Report
Statistics for the 2024 Denmark Data Center Rack market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Denmark Data Center Rack analysis includes a market forecast outlook to for 2024 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
