Market Size of Israel Data Center Rack Industry
Study Period | 2024 - 2030 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.34 Million |
Market Size (2030) | USD 0.58 Million |
CAGR (2024 - 2030) | 9.60 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Israel Data Center Rack Market Analysis
The Israel Data Center Rack Market size is estimated at USD 0.34 million in 2024, and is expected to reach USD 0.58 million by 2030, growing at a CAGR of 9.60% during the forecast period (2024-2030).
- The upcoming IT load capacity of the Ireland data center construction market is expected to reach over 270 MW by 2029.
- The country's construction of raised floor area is expected to increase by 0.9 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 49,737 units by 2029. Tel Aviv is expected to house the maximum number of racks by 2029.
- There are close to 3 submarine cable systems connecting Israel, and many are under construction. One such submarine cable, estimated to be built by the end of 2024, is Blue, which stretches over 4,696 Kilometers with landing points in Tel Aviv.
Israel 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 Israel data center rack market is segmented by rack size (quarter rack, half rack and full rack), end-user industry (BFSI, IT and telecom, government, media and entertainment). The market sizes and forecasts are provided in terms of volume (units) for all the above segments.
By Rack Size | |
Quarter Rack | |
Half Rack | |
Full Rack |
By End User | |
IT & Telecommunication | |
BFSI | |
Government | |
Media & Entertainment | |
Other End User |
Israel Data Center Rack Market Size Summary
The Israel data center rack market is experiencing significant growth, driven by the increasing demand for IT services and the rapid expansion of mobile broadband, Big Data analytics, and cloud computing. The market is characterized by a shift towards fully configured data centers, which are essential for managing the substantial data generated by various sectors, including telecommunications, media, and online banking. The adoption of advanced technologies such as blockchain, cloud, and Big Data by Israeli startups is further fueling the need for larger data center facilities. This growth is supported by the construction of new data centers with substantial IT load capacities, catering to the requirements of global platforms and companies.
The market is fairly consolidated, with major players like Rittal GMBH & Co.KG, Schneider Electric SE, Legrand SA, Dell Inc., and Hewlett Packard Enterprise leading the industry. These companies are innovating to meet the evolving demands of the market, as evidenced by developments such as NetRack's iRack Block and Schneider Electric's partnership with Stratus Technologies. The presence of large cloud service providers like Google, Amazon Web Services, and Oracle is also shaping the market, as they introduce advanced data center facilities that create opportunities for rack vendors. As the market continues to expand, it is expected to attract more investments and drive the development of massive data center facilities in the coming years.
Israel Data Center Rack Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Deployment of Data Center Facilities
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1.2.2 Growing Cloud Computing Adoption Leading to Investment in Hyperscale Data Centers
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1.2.3 BFSI Sector Expected to Hold a Significant Share
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1.3 Market Restraints
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1.3.1 Increasing Utilization of Blade Servers
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1.4 Value Chain / Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 By Rack Size
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2.1.1 Quarter Rack
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2.1.2 Half Rack
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2.1.3 Full Rack
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2.2 By End User
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2.2.1 IT & Telecommunication
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2.2.2 BFSI
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2.2.3 Government
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2.2.4 Media & Entertainment
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2.2.5 Other End User
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Israel Data Center Rack Market Size FAQs
How big is the Israel Data Center Rack Market?
The Israel Data Center Rack Market size is expected to reach USD 0.34 million in 2024 and grow at a CAGR of 9.60% to reach USD 0.58 million by 2030.
What is the current Israel Data Center Rack Market size?
In 2024, the Israel Data Center Rack Market size is expected to reach USD 0.34 million.