Modular Data Center Market Ongoing Trends and Recent Developments

Market Overview:

The Global Modular Data Center Market Size Was Valued At USD 20.51 Billion In 2021 And Is Projected To Reach USD 64.95 Billion By 2028, Growing At A CAGR Of 17.9% From 2022 To 2028.

A modular data center is portable and can exist in any location where data capacity is required. This type of data center system consists of modules and components with specific engineering. Applications, such as disaster backup, high performance/edge computing, data center expansion, data center startup, are considered part of the range. End users of modular data centers, such as IT, Telecom, BFSI, Government and others. The mobility and scalability of modular data centers are driving the market. The mobility of modular data centers allows customers to relocate their data centers, instead of tearing them down and building a new one at a new location. For more than 40% of organizations, scalability is one of the biggest challenges they face. The flexibility of modular data centers, thanks to the presence of modules, can be easily replaced when they are outdated or there is a need to update technology.

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Market Dynamics:

Driver:

Big data analytics, the Internet of Things, and the fourth industrial revolution all call for flexible IT resources. Additionally, the data centre business has seen consistent expansion as a result of the rapid digitalization and increase in cloud computing use. The demand for modular data centres is also fueled by the installation of a work-from-home policy and the growing trend of remote working culture. Additionally, the COVID-19 pandemic's increased funding for the construction of cutting-edge data centres significantly fueled the market's expansion for modular data centres.

Opportunities:

During the forecast period, it is anticipated that rising colocation provider demand for modular data centres and the introduction of the fourth generation of data centres may present the market lucrative growth opportunities.

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Market Segmentation

By Component
Solution
• All-in-One Modules
• Individual Modules
Service
• Design and Consulting
• Integration and Deployment
• Support and Maintenance

By Verticals
• BFSI
• IT & Telecom
• Media & Entertainment
• Healthcare

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By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

Major Key Players Considered in the Market
• DELL Technologies
• Vertiv Co
• Hewlett Packard Enterprises
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation
• BaseLayer Technology LLC.
• Eltek AS
• Cannon Technologies Ltd.
• Oracle
• Microsoft
• AWS
• Meta
• Apple
• Rittal GmbH & Co. KG
• BladeRoom Group Ltd
• Edge Mission Critical Systems LLC
• Eaton Corporate PLC
• Rahi Systems Pvt Ltd.
• STULZ GmbH
• Fiberhome Networks
• ScaleMatrix Holdings Inc.
• Schneider Electric SE
• Cupertino Electric Inc.
• Shenzhen KSTAR Science and Technology Co. Ltd and other major key players.

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Key Industry Developments In The Modular Data Center Market

June 2022, In Europe, Schneider Electric introduced their simple modular all-in-one data centre system. This novel, simple prefabricated solution has undergone testing and standardization. It provides shorter lead times and quicker time to market. With a TCO that is more reliable and predictable thanks to its modular design, it costs about 15% less than conventional ETO (Engineer to order) offerings.

Table OF Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Component
 3.2 By Verticals
Chapter 4: Market Landscape
Chapter 5: Modular Data Center Market by Component
To Be Continued……

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