Modular Data Center Market Demand And Leading Players Updates By 2028
IMARC Group has recently released a new research study titled “Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the modular data center market?
The global modular data center market size reached US$ 24.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.4% during 2023-2028.
What is meant by modular data center?
A modular data center is a portable, scalable approach to data center architecture that provides computing capacity in compact, pre-fabricated modules. Unlike traditional data centers that are built as permanent structures, modular designs allow for quick deployment and easy expansion.
Each module typically contains essential data center components such as servers, storage, cooling systems, and power supplies, all integrated into a self-contained unit. This architecture provides organizations with the flexibility to scale their data center capabilities as needed, reducing initial setup costs and lead times.
Modular data centers are especially useful for businesses that need to rapidly expand computing resources, deploy data centers closer to the end-user, or set up temporary data center capacity.
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Modular Data Center Market Growth Drivers and Trends:
Ongoing advancements in data center technology, such as improved cooling solutions and energy-efficient power supplies, represents one of the key factors driving the growth of the market across the globe. The modular design allows for easy expansion, enabling organizations to scale their data center capabilities according to their needs. This flexibility is highly attractive to growing businesses. Modular data centers often have lower initial setup costs compared to traditional data centers, thus making them more accessible for companies with budget constraints. These data centers are quickly deployed, which is particularly beneficial for organizations that need to set up operations within a short timeframe.
Modern modular data centers are designed with energy-efficient cooling and power systems, thus making them more sustainable and potentially reducing operational costs. Increasingly stringent data sovereignty and localization laws are encouraging companies to set up local data centers. The modular approach makes it easier to establish these localized data management facilities. Some governments offer incentives for adopting energy-efficient technologies, including modular data centers, which are propelling the growth of the market.
Who are the modular data center companies/manufacturers?
Modular Data Center Companies/Manufacturers:
BASELAYER Technology LLC (Intermountain Electronics Inc.)
Cannon Technologies Ltd
Dell Technologies Inc.
Eaton Corporation plc
Hewlett Packard Enterprise Development LP
Huawei Technologies Co. Ltd.
International Business Machines Corporation
Rittal GmbH & Co. KG
Schneider Electric SE
Vertiv Group Corp.
Modular Data Center Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
Solutions
All-in-One Module
Individual Module
Services
Design and Consulting
Integration and Deployment
Support and Maintenance
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
Regional Insights:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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