Market Size of UK Data Center Rack Industry
Study Period | 2019 - 2030 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2030 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2030) | 11.50 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
UK Data Center Rack Market Analysis
The UK Data Center Rack Market is expected to register a CAGR of 11.5% during the forecast period.
The United Kingdom data center rack market reached a volume of 4,62,556 in the previous year, and it is further projected to register a CAGR of 11.5% during the forecast period. 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 United Kingdom data center market is expected to reach more than 3,000 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 17 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach above 889,000 units by 2029. London is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to 58 submarine cable systems connecting the United Kingdom, and many are under construction.
UK 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 United Kingdom 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.
By Rack Size | |
Quarter Rack | |
Half Rack | |
Full Rack |
By End User | |
IT & Telecommunication | |
BFSI | |
Government | |
Media & Entertainment | |
Other End Users |
UK Data Center Rack Market Size Summary
The United Kingdom data center rack market is experiencing significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from domestic players. The market is characterized by a robust expansion in IT load capacity and raised floor space, with London anticipated to host the majority of the planned racks. The proliferation of submarine cable systems further supports the market's infrastructure development. The demand for full-rack data center infrastructure is particularly strong, fueled by the rapid expansion of mobile broadband networks and the growing importance of big data analytics in conjunction with cloud computing. This trend is further amplified by the rising need for technology services and investments from large corporations, which are reshaping market dynamics.
Emerging technologies such as artificial intelligence, the Internet of Things, and machine learning are poised to drive further growth in cloud computing, thereby enhancing the UK's cloud computing market. The adoption of cloud services by UK businesses has seen a steady increase, with significant investments from major players like Amazon Web Services, Microsoft, and Google. This competitive landscape is expected to spur demand for data center facilities equipped with large storage capabilities. The market is moderately competitive, with key players like Black Box Corporation, Eaton Corporation, and Schneider Electric dominating the scene. Strategic expansions and new facility developments by companies such as Datum Group and CyrusOne are anticipated to further boost the demand for data center racks in the coming years.
UK 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 Rapid adoption of Cloud Services in United Kingdom
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1.2.2 Significant growth in e-Commerce Data generation
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1.3 Market Restraints
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1.3.1 Increasing number of Data Security Breaches
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1.3.2 Low Availability of Resources
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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 Bargaining Power of Buyers/Consumers
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1.5.2 Bargaining Power of Suppliers
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1.5.3 Threat of New Entrants
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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 Users
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UK Data Center Rack Market Size FAQs
What is the current UK Data Center Rack Market size?
The UK Data Center Rack Market is projected to register a CAGR of 11.5% during the forecast period (2024-2030)
Who are the key players in UK Data Center Rack Market?
Eaton Corporation, Hewlett Packard Enterprise (HPE), Rittal GmbH & Co. KG, Black Box Corporation and Schneider Electric SE are the major companies operating in the UK Data Center Rack Market.