Global Modular Data Center market is experiencing a high growth rate as it efficiently lowers the consumption of UPS and batteries and this benefits the market immensely. This market is developed according to infrastructure technology and the foremost reason behind such progressive statistics is the infrastructure management software. These are believed to be the customized products which are robustly delivering the content in a scalable way of executing the leading software programs which can easily allow management of IT assets. Modular Data Center industry is designed with portable systems that allows it to be deployed anywhere needed. Moreover, this system also offers scalable data centers with cooling opportunities and multiple power. Modular Data Centers market shares are highly flexible allowing it to choose their own IT hardware and cabinets and specific software for users. For a better view of critical infrastructure, Modular Data Centers can optimize cost on the basis of energy usage and works with IT orientation engines.
Drivers of Modular Data Center Market
Modular Data Centers industry is running the best market needs as they drive major factor of adoption in a flexible way. These data centers are coherently developed to support business specific requirements. The leading features in the market such as customization and energy efficiency are substantially driving the market for the Modular Data Center. According to the business requirements and budget parameters, these systems can be integrated with current infrastructure and allow IT to design high performing policies. The system is believed to be a key challenge specifically when it comes to its establishment. Moreover, in unavoidable circumstances like overheating, companies have to rely on vendors for repair and solutions. This is another major challenge faced by this industry.
The size of the global market for Modular Data Center it is expected to reach USD 71.71 Billion by 2030, expanding at a compound annual growth rate (CAGR) of 14.92% from 2022 to 2030.
In November 2015, AECOM got associated with Project Frog to handle the requirements of data centers. This partnership brought productivity in developing Modular Data Centers market size in order to meet the growing customer demand. While in October 2016, Huawei got associated with Dubai Airports with a scheme to develop Tier III modular data center compositions at the airports. Installing Modular Data Center at airports resulted in comfortable and convenient hosting of private clouds by airport operators.
There are many vendor who are consistently winning the Modular Data Center market named Dell, Cisco, Huawei, Emerson, IBM, HPE, BASELAYER, EATON, Silicon Graphics International Corp., Canovate Corporation, Elliptical Mobile Solutions, Hewlett-Packard Development Company, L.P., Rittal GmbH & Co., Panduit Corp, Bladeroom USA LLC, Schneider Electric, Cupertino Electric (US), KSTAR (China), Asperitas (Netherlands), Shenzhen CONSNANT Technology (China), Retex (Spain), ICTroom Company (Netherlands), Box Modul AB (Sweden), and PCX Corporation (US).Eaton Corporate (Ireland), Rahi Systems (US), STULZ (Germany), Fiberhome Networks (China), and ScaleMatrix (US).
|Modular Data Center Market Scope|
|Forecast Unit||Value (USD)|
|Revenue forecast in 2030||USD 71.71 Billion|
|Growth Rate||CAGR of 14.92% during 2022-2030|
|Segment Covered||by components, Services, Technology, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Cupertino Electric (US), KSTAR (China), Asperitas (Netherlands), Shenzhen CONSNANT Technology (China), Retex (Spain), ICTroom Company (Netherlands), Box Modul AB (Sweden), and PCX Corporation (US).Eaton Corporate (Ireland), Rahi Systems (US), STULZ (Germany), Fiberhome Networks (China), ScaleMatrix (US)|
North America holds the title of one of the leading modular data center market share region due to the expansion of demand in data centers that projects the process in positioning and designing as per the business needs. Resulting in the high demand and maximum numbers of market share. Taking Europe into the loop, the market is efficiently experiencing high growth rate due to increasing demand for energy efficiency of data centers among the businesses to lessen the cost. Modular Data Center Market size is projected to hold the highest growth rate in the future due to decrease in the real estate cost and growing needs for scalable and portable data centers.
With an increase in digitalization, it has become important to find new efficient solutions that will reduce the energy consumption required for data storage. Modular data centers market size can solve many issues related to data centers. They are modular, portable, energy efficient and easily managed. These technically advanced modular units is bound to play a crucial role in future advancements in the digital world.
Key segments in Global Modular Data Center Market
By Components, 2022-2030 (USD Billion)
o All-in-one Modules.
o Individual Modules
o IT Module
o Power Module
o Cooling Module
o Design and Consulting
o Integration and Deploymen
o Support and Maintenance
By Organizational Size, 2022-2030 (USD Billion)
• Small and Medium-sized Enterprises
• Large Enterprises
By Verticals, 2022-2030 (USD Billion)
• IT and Telecommunication
• Media and Entertainment
• Government and Defense
• Others (Energy, education, and transportation, and logistics)
Region Overview, 2019-2029 (USD Billion)
• North America
o United States of America
o the Netherlands
o The United Kingdom
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
• South America
o Rest of South America