The global modular data center market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. 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.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered
o By Component
o By Organization Size
o By Verticals
- Competitive Landscape- Dell, Vertiv, Hewlett Packard Enterprise, Huawei Technologies, Rittal, Eaton Corporate, Retex, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Modular Data Center Market by Segment
By Component
- Solutions
- Services
By Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
By Verticals
- BFSI
- IT and Telecommunication
- Media and Entertainment
- Healthcare
- Government and Defense
- Retail
- Manufacturing
- Others
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
