According to the latest report by IMARC Group, titled “Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global modular data center market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 15% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The modular data center is a portable data processing system consisting of individual modules and components that are assembled at the site of deployment. They operate independently and are commonly used for cloud computing, disaster backup and data center expansion. Modular data centers aid in reducing energy consumption, minimizing interference and improving operational efficiency. In comparison to the traditionally used data centers, modular variants are environment-friendly, highly scalable and energy-efficient. As a result, they find extensive applications across various industries, such as retail, manufacturing, healthcare, energy, entertainment, information technology (IT), telecommunication and banking, financial services and insurance (BFSI).
The global modular data center market is primarily being driven by the increasing demand for energy-efficient data centers across medium-and large-scale organizations. Enterprises are widely adopting micro modular data centers with 5G-enabled cell towers for enhanced data storage capabilities and network connectivity. Moreover, various technological advancements, such as the integration of the Internet of things (IoT) and artificial intelligence (AI) solutions for enhanced operational efficiency, and the development of green data centers for reducing environmental impact, are providing a thrust to the market growth. Other factors, including significant improvements in the IT infrastructure, along with the widespread product adoption across the telecommunication industry, are anticipated to drive the market toward growth.
Modular Data Center Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global modular data center market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASELAYER Technology LLC (Intermountain Electronics Inc.)
- Cannon Technologies Ltd
- Dell Technologies Inc.
- Eaton Corporation plc
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co. Ltd.
- International Business Machines Corporation
- Rittal GmbH & Co. KG
- Schneider Electric SE
- Vertiv Group Corp.
Key Market Segmentation:
The report has segmented the global modular data center market on the basis of component, data center size, application, industry vertical and region.
Breakup by Component:
- Solutions
- Services
Breakup by Data Center Size:
- Small and Medium-sized Data Centers
- Large Data Centers
Breakup by Application:
- Disaster Backup
- High Performance/ Edge Computing
- Data Center Expansion
- Starter Data Centers
Breakup by Industry Vertical:
- BFSI
- IT and Telecom
- Retail and Manufacturing
- Healthcare
- Energy
- Media and Entertainment
- Government and Defense
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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