According to the latest report by IMARC Group, titled “Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,offers a comprehensive analysis of the industry, which comprises insights on the global modular data center market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global modular data center market size reached US$ 21.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 52.4 Billion by 2027, exhibiting a growth rate (CAGR) of 16.11% during 2022-2027.
Industry Overview:
The modular data center represents portable data processing systems with customized purpose-engineered components and modules that are assembled at the site of deployment. In terms of solutions and services, they can be categorized into the all-in-one module, individual module, design and consulting, integration and deployment, support and maintenance, etc. Modular data center variants can be integrated, shipped, or retrofitted into prefabricated data systems and operate independently without sharing resources. They are mostly used for disaster backup, power distribution, edge computing, and data center expansion. Modular data center processes are highly scalable, energy-efficient, standardized, and environment-friendly. Consequently, they find extensive application across various sectors, such as banking, transportation, information technology (IT), telecommunication, healthcare, energy, entertainment, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends:
The expanding IT industry across the globe and the elevating adoption of cloud computing solutions in medium and large-scale enterprises are primarily driving the modular data center market. Furthermore, the growing deployment of the solution with advanced 5G cell towers for enhanced network connectivity and improved data storage capabilities is also positively influencing the global market. Besides this, the emerging trend of work-from-home (WFH) and the rising need for remote storage of and access to organizational data are acting as significant growth-inducing factors. Additionally, the development of compact, power-efficient, easy-to-deploy green data centers that ensure minimal carbon footprint is further market growth. Moreover, the increasing improvements in the telecommunication infrastructure and the escalating integration of the Internet of Things (IoT) and automation systems to improve operational efficiency are expected to bolster the modular data center market over the forecasted period.
Modular Data Center Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the modular data center market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
- BASELAYER Technology LLC (Intermountain Electronics Inc.)
- Cannon Technologies Ltd
- Dell Technologies Inc. (NYSE: DELL)
- Eaton Corporation plc (NYSE: ETN)
- Hewlett Packard Enterprise Development LP (NYSE: HPE)
- Huawei Technologies Co. Ltd.
- International Business Machines Corporation (NYSE: IBM)
- Rittal GmbH & Co. KG
- Schneider Electric SE (OTCMKTS: SBGSY)
- Vertiv Group Corp. (NYSE: VRT)
Key Market Segmentation:
The report has segmented the modular data center market on the basis of component, data center size, application, industry vertical and region.
Breakup by Component:
- Solutions
- Services
Breakup by Data Center Size:
- Small and Medium-sized Data Centers
- Large Data Centers
Breakup by Application:
- Disaster Backup
- High Performance/ Edge Computing
- Data Center Expansion
- Starter Data Centers
Breakup by Industry Vertical:
- BFSI
- IT and Telecom
- Retail and Manufacturing
- Healthcare
- Energy
- Media and Entertainment
- Government and Defense
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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