by The modular data center market comprises prefabricated and portable mini-data center facilities for various applications across several industry verticals. Modular data center facilities offer scalable and flexible IT infrastructure that can be deployed on-site quickly without hassle. The modular design allows easy reconfiguration or expansion of facilities based on changing computing demands. Modular data centers offer key advantages like reduced Total Cost of Ownership (TCO), lower CAPEX, increased mobility, power redundancy, quick deployment, and simple maintenance. With growing digital transformation across industries, there has been a surge in data volumes requiring efficient data center infrastructure. The demand for scalable and flexible infrastructure solutions is driving the adoption of modular data center facilities.
The Global modular data center market is estimated to be valued at US$ 18.49 Bn in 2024 and is expected to exhibit a CAGR of 24.% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the Modular Data Center market are Huawei, IBM, Eaton, Dell, Vertiv, Schneider Electric, Hewlett Packard Enterprise, Cisco, and Rittal.
There are significant opportunities for Modular Data Center providers in the edge computing segment as more organizations look to deploy localized IT infrastructure. The demand from the telecom, BFSI, and government sectors for scalable and portable data centers present major growth prospects.
Major data center operators are focusing on global expansion plans through modular and portable data center infrastructure to establish presence in emerging markets faster. The increasing adoption of cloud, IoT, big data analytics will further accelerate this global expansion.
Market Drivers
The primary driver boosting the modular data center market growth is the increasing demand for scalable and flexible data center infrastructure. Modern applications and rapid digital transformation across industries have led to exponential growth in data volumes. Modular facilities allow scaling of capacity and quick deployment to support emerging infrastructure needs. Secondly, the reduced Total Cost of Ownership with modular solutions compared to brick-and-mortar infrastructure is another key growth driver. Modular data centers offer 30-50% lower costs of deployment and energy efficiency.
PEST Analysis
Political: Modular data center market is impacted by various government regulations related to environment protection and carbon emission reduction. Strict laws can increase compliance cost for vendors.
Economic: Fluctuating global economy impact spending capability of key end-users like IT and cloud companies. However, need for lower capital expenditure and faster deployment boosts adoption of modular solutions.
Social: Growing digitization, cloud migration of workloads, and demand for reliable & scalable infrastructure drive social need for modular facilities. Sustainable development also increases social acceptance of eco-friendly modular centers.
Technological: Modular designs aid rapid integration of latest IT equipment and facilitate technology upgrades. Standardization and pre-integration allow plug-and-play deployment meeting dynamic computing needs of industries undergoing digital transformation.
Value Concentration By Geography
North America holds the largest share of global modular data center market in terms of value, due to strong presence of leading vendors and end-users. Growing hyperscale deployments and government support for development of edge infrastructure have further accelerated investments.
Fastest Growing Regional Market
Asia Pacific region is witnessing the fastest growth in modular data center market driven by rapid digital initiatives of governments across developing nations. Increasing foreign investments to set up localized IT infrastructure and demand for scalable colocation facilities from SMBs indicate strong future potentials.
What Are The Key Data Covered In This Modular Data Center Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Modular Data Center’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Modular Data Center and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Modular Data Center Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Modular Data Center vendors
FAQ’s
Q.1 What are the main factors influencing the Modular Data Center?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Modular Data Center companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Modular Data Center’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Ravina Pandya
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
