Modular Data Center Market
The Modular Data Center Market was valued at USD 15,474 Million in 2019 and is expected to grow at a CAGR of 15.9% over the forecast period. The increasing demand for scalable data centers and rising adoption of cloud services will bolster the market growth.
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Modular Data Center Market Dynamics
Growth in the modular data center market is driven by the increasing need to reduce the complication of traditional facilities. The prefabricated data centers are user-friendly and can address the need of consumes at a faster deployment rate. Also, as per the modular data center market research, the growing emphasis on conserving energy will bolster the market growth. The Building Industry Consulting Services International (BICSI) report states that the data center offer 40% more energy efficiency. Cloud-based solutions are ein increasingly adopted by various small and medium-enterprises, which is further driving market growth. GI Partners, in 2109, developed technology infrastructure and acquired two data centers from NTT Data. The Green data centers help increase the efficiency and reduce environmental impacts. Thus, the growing demand for data centers, primarily in the UK, France, and Canada will fuel the market growth. The high cost of implementation and inadequate knowledge related to modular data centers are likely to restrain the modular data center market size.
Services are predicted to lead the market during the forecast period. The increasing demand for maintenance services of modular data centers, such as onsite and offsite service, is driving the modular data center market share. The remote support services such as troubleshooting and speed problem determination have propelled the market growth. These services help in reducing risks of interrupting availability.
Market Segmentation
Modular Data Center Market by Component
- Solution
o All-in-One Module
o Individual Module
- Services
o Consulting
o Support & Maintenance
o Others
Modular Data Center Market by End-User
- BFSI
- IT & Telecommunication
- Government
- Healthcare
- Media & Entertainment
- Others
Modular Data Center Market by Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
Modular Data Center Market by Application
- Emergency Data Storage
- Temporary Storage Expansion
- Disaster Recovery
- Edge Computing
- Others
Modular Data Center Market by Region:
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- North America
o United States of America
o Canada
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
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