24.36% CAGR growth by 2023 in Modular Data Center Market| Key Vendors - HP INC., IBM CORPORATION, DELL INC., CISCO SYSTEMS INC., HUAWEI TECHNOLOGIES, EMERSON NETWORK POWER, SCHNEIDER ELECTRIC SE, AST MODULAR, amongst others

.Market Analysis:

United States is one of the Primary Markets
Being the hub for large-scale organizations and with higher internet penetration, North America accounts for the major share of global modular data center market. Cutthroat competition in the market prompts the organizations to adopt cost-effective solutions.

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Modern data centers have been evolving rapidly. The current market caters to complete systems for disaster recovery, and efficient cloud platforms to handle large influx from users. As the market for x86- based servers, storage and network equipment has grown, end-users across a broad spectrum of vertical markets have been exploring ways to find more effective methods to install and manage data center equipment. Modular data center solutions represent one approach designed to increase installation and management efficiencies of data center hardware infrastructure. It is a deployment method engineered for data center assembly of modular component. The increase in the mobility and scalability of data centers is driving the growth of modular data centers.

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Market Segments:
Modular Data Center Market is segmented by:
1. Function Module Solution: Individual Function Module (It Module, Power Module, Mechanical Module), All In One Function Module
2. Services: Consulting, Infrastructure Management, Integration and Development
3. Deployment Size: Medium Sized Data Center, Enterprise Data Center, Large Data Center
4. End User Industry: Manufacturing, Energy, Healthcare, Government and Defense, Telecom & It, BFSI, Others
5. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• December 2017 - Leading data center facilities provider Equinix has acquired Metronade owing to which plans for rapid expansion in Australia have been implemented.
• December 2017 - Flexenclosure has opened a second eCenter production facility. This facility has been primary established owing to the demand for modular data center.

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