The Modular Data Center by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Modular Data Center , The modular data center market size has grown rapidly in recent years. It will grow from $29.54 billion in 2023 to $34.73 billion in 2024 at a compound annual growth rate (CAGR) of 17.6%. The growth in the historic period can be attributed to need for scalable and flexible data center solutions, rapid deployment and time-to-market advantages, growth in edge computing and iot applications, energy efficiency and green data center initiatives, adoption of containerization and virtualization technologies.
The modular data center market size is expected to see rapid growth in the next few years. It will grow to $71.05 billion in 2028 at a compound annual growth rate (CAGR) of 19.6%. The growth in the forecast period can be attributed to increased adoption in edge and remote locations, expansion of 5g networks and edge computing, demand for sustainable and eco-friendly data centers, growth in modular data center solutions for disaster recovery, integration of advanced cooling and power management technologies. Major trends in the forecast period include adoption of prefabricated and plug-and-play modular data centers, development of micro data centers for specific use cases, use of modular data centers for temporary or mobile deployments, integration of artificial intelligence for predictive maintenance, emphasis on modular data center security and compliance.
Increasing environmental protection and energy consumption regulations are expected to propel the growth of the modular data center market going forward. The energy consumption performance of modular data centers, as well as the benefits in construction, planning, and required space, are in line with government policy directions. The newly constructed data centers have benefited in terms of construction time, energy consumption, and cost. Modular data centers are intended to deal with server changes such as cloud computing, virtualization, centralization, and high density, as well as to improve data center operation efficiency, reduce energy consumption, and achieve the goal of rapid expansion and zero interference. For instance, The European Commission is looking into other ways to increase the energy efficiency of data centers and cloud computing. Data center operations in the European Union are also anticipated to achieve carbon neutrality by 2030 under the terms of the European Green Deal. Therefore, increasing environmental protection and energy consumption regulations will drive the modular data center market growth.
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The modular data center market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Organization Size: Small and Medium-sized Enterprises, Large Enterprises
3) By Vertical: Banking, Financial Services and Insurance (BFSI), IT and Telecommunication, Media and Entertainment, Healthcare, Government and Defense, Retail, Manufacturing, Other Verticals
Technological innovation is the key trend gaining popularity in the modular data center market. Major companies operating in modular data centers are focusing on integrating new technologies into their product offerings to increase the efficiency of their data centers. For instance, in June 2022, Schneider Electric SE, a France-based company that specializes in digital automation and energy management launched a speedier prefabricated data center service in Europe. Under the “”Easy Modular Data Center All-in-One”” brand, Schneider would deliver prefabricated containerized data centers from 27kW to 80kW produced at its Barcelona factory, with a streamlined ordering process. As opposed to engineer-to-order (ETO), the boxes are now available on a configure-to-order (CTO) basis, effectively moving toward standardized configurations that may be ordered from a catalog. For Edge sites or smaller users, the Easy prefabricated series of containers are ISO standard sized and may be delivered in as little as 12 weeks.
The modular data center market report table of contents includes:
- Executive Summary
- Modular Data Center Market Characteristics
- Modular Data Center Market Trends And Strategies
- Modular Data Center Market – Macro Economic Scenario
- Global Modular Data Center Market Size and Growth
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- Global Modular Data Center Market Competitive Benchmarking
- Global Modular Data Center Market Competitive Dashboard
- Key Mergers And Acquisitions In The Modular Data Center Market
- Modular Data Center Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- The International Business Machines Corporation
- Huawei Technologies Co. Ltd
- Dell Technologies Inc
- Hewlett Packard Enterprise
- Baselayer Technology LLC
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