Modular Data Center Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

The global modular data center market is anticipated to grow at a significant CAGR during the forecast period. The modular data center is an innovative, portable and effective alternative to the traditional data center and can be integrated into a system of modules. The system is highly assembled among various organizations owing to the presence of standard components including IT, power, fire protection, cooling, and access control elements. It is an energy-efficient and highly scalable solution that facilitates the consumer to adopt a modular data center at a significant rate over a traditional data center.

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The substantially increasing requirement for power-efficient solutions, the rising deployment of modular data centers in various organizations and increasing adoption to enhance the data center capacity are some major factors that are anticipated to drive the growth of the global modular data center market. The rising advent of digitization, growing automation, and increasing implementation of IoT across industrial verticals is expected to drive the demand for modular data center solutions as more localized processing power systems. This factor is projected to surge the market growth and create ample opportunities for the global modular data center market during the forecast period.

Besides, the key players present in the global modular data center market including Dell, Vertiv, Hewlett Packard Enterprise, and others are adopting various strategies that include product launches, market expansion, research & developments, mergers & acquisitions, among others to remain sustenance and competitive in the market. For instance, in February 2020, Dell Technologies empower edge computing solutions with their modular data center. The edge computing solution includes a smaller modular data center, innovative edge server design, streaming analytics engine, and improved telemetry management.

Global Modular Data Center Market by Segment

By Component

o             Solutions

o             Services

By Organization Size

o             Small and Medium-Sized Enterprises

o             Large Enterprises

By Verticals

o             BFSI

o             IT and Telecommunication

o             Media and Entertainment

o             Healthcare

o             Government and Defense

o             Retail

o             Manufacturing

o             Others

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Modular Data Center Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Dell
  • Vertiv
  • Hewlett Packard Enterprise
  • Huawei Technologies
  • Rittal
  • Eaton Corporate
  • Retex

 

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