Sales of Data Center Containment Solution Market to surpass US$ 2 Bn by 2030 end

The global data center containment solution market is estimated to be valued around US$ 500 Mn in 2020, and is anticipated to surpass US$ 2 Bn by the end of the forecast period of 2020-2030. The COVID-19 pandemic will fuel demand for data center containment solutions in the future, owing to rise in Internet usage that has necessitated the need for more data centers.

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This has resulted in investments in data centers from large enterprises. This, in turn, is anticipated to create significant opportunities for players in the data center containment solution market space.

Moreover, rising demand for big data and analytics from sectors such as BFSI, telecom, IT, and healthcare, to name a few, is expected to boost sales of data center containment solutions. In addition, with growth in the e-Commerce industry, small and large retail companies are mobilizing their resources online to provide exceptional service to customers. This will need data centers with appreciable efficacy, in turn, contributing to the growth of the data center containment solution market over the next ten years.

Key Takeaways from Data Center Containment Solution Market Study

• Under the impact of COVID-19, the global data center containment solution market is expected to create an absolute $ opportunity of around US$ 1.5 Bn, and expected to expand at an impressive value CAGR of 15% during the forecast period of 2020-2030

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• By containment type, aisle containment is foreseen to grow 4.6X than curtain containment in 2020. On the other hand, curtain containment will account for 13.5% of the overall absolute dollar opportunity created during the forecast period
• By arrangement, the hybrid (soft + rigid) segment is anticipated to grow, gaining 162 BPS over the course of the forecast duration.
• By data center type, large enterprises are projected to account for 61% of the total sales in 2020, anticipated to create an absolute $ opportunity of more than US$ 810 Mn during the forecast period.
• The data center containment solution market in South Asia & Oceania is expected to grow the fastest by experiencing a value CAGR of 17%, whereas North America is projected to be valued 4.6X times than that of South Asia & Oceania, and is estimated to account for a major chunk of the demand pie by the end of the forecast period.

Key Segments of Data Center Containment Solution Market

Fact.MR’s study on the data center containment solution market offers information divided into five key segments— containment type, arrangement, data center type, data center size, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

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Containment Type
• Aisle Containment
o Hot Aisle Containment
o Cold Aisle Containment
• Rack-based Chimney Containment
• Curtain Containments
• In-row Cooling Containment

Arrangement
• In-row Cooling Containment
• Rigid Containment
• Hybrid (Soft + Rigid)
• Modular Containment

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Key Players Focusing on Acquisitions to Stimulate Growth

Prominent players in the data center containment solution market are Vertiv Group Corp., Eaton Corp PLC, nVent Electric PLC, Legrand SA, Subzero Engineering, The Siemon Company, Maysteel Industries, LLC, 42U (DirectNet), Crenlo LLC, Tate Access Floors, Inc., Sealco, LLC, and Polargy, Inc., among others. Companies are focusing on targeting potential acquisitions and mergers in order to drive innovations, enhancing investments in new business fields, and improving their competitive position in the market.

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This release was published on openPR.