Global Modular Data Center Market Set to Grow with CAGR of 30.48% By 2026

Posted by peeterdbmr on January 2nd, 2020

Global Modular Data Center Market is driven by reduction in capital expenditure of managing data, which is projecting a rise in estimated value from USD 19.09 billion in 2018 to an estimated value of USD 160.38 billion by 2026, registering a CAGR of 30.48% in the forecast period of 2019-2026.

Major Market Competitors/Players: Global Modular Data Center Market

Few of the major competitors currently working in modular data center  market are Huawei Technologies Co., Ltd., IBM Corporation, Eaton, BripCo (UK) ltd., Cannon Technologies Ltd., COMMSCOPE, Dell, Flexenclosure AB, Hewlett Packard Enterprise Development LP, Rittal GmbH & Co. KG, Schneider Electric, Vertiv Co., and Baselayer Technology, LLC and Taplytics Inc.

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Modular data center can be defined as the portable system for deployment of data center wherever it is needed. It can be shipped to areas where there is water and power source as it is energy efficient. The target market is overcrowded data center owners and those who are in need of massive mobile computing power, such as the military, government, physics labs, financial institutions and disaster recovery providers.

Competitive Analysis: Global Modular Data Center Market

Global modular data center market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of modular data center market for global, Europe, North America, Asia Pacific and South America.

Segmentation: Global Modular Data Center Market

• By Component (Functional Module Solutions, Services)
• By Data Center Size (Mid-Sized Data Centers, Enterprise Data Centers, Large Data Centers)
• By Tier Type (Tier 1 Data Centers, Tier 2 Data Centers, Tier 3 Data Centers, Tier 4 Data Centers)
• By Industry (Banking, Financial Services, and Insurance, IT and Telecom, Government and Defense, Healthcare, Education, Retail, Energy, Manufacturing)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• Rise in need & requirement for scalable & portable data center which are more energy efficient
• Rise in need for quick & efficient deployable data centers among the business enterprise across the globe

Market Restraints:

• Vendor lock-In restricts the purchasing option which is hampering the demand for this market
• Power usage effectiveness (PUE) is the sole tool to measure the efficiency within the data center which restraint the data center demand

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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