North America Micro Data Center Market Size 2025 Will Witness Tremendous Growth
Key Players are
• Canovate Group
• Advanced Facilities Inc.
• Dell Inc.
• Attom Technology
• Eaton Corporation PLC
• Hewlett-Packard Enterprise Company
• Delta Power Solutions
• Huawei Technologies Co. Ltd.
• IBM Corporation
• Panduit Corporation
Micro Data Center Market will exceed USD 14.5 billion by 2025. The rapid growth in the edge computing driven by the introduction of IoT is encouraging the businesses to implement micro facilities to enhance enterprise operations. Over the coming years, IoT will generate huge amounts of data from several distributed sources. The data center IP traffic will quadruple over the next 3 years, owing to the growing trend of cloud computing.
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The growing demand for standardized infrastructure and operation in remote location is accelerating the adoption of micro data center market. These facilities provide flexibility, modularity & portability feature requiring less time for deployment. The manufacturers in micro data center market are focusing on developing effective and advance solutions for secure and quick deploying data center. For instance, STULZ GMBH, introduced Micro DC, a cost-effective solution to quickly build up local IT capacity, with features such as critical power control and monitoring, fire suppression, physical security and precision cooling to ensure sustainable IT operations.
3. Micro Data Center Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2025
3.2.1. Data center infrastructure industry landscape
18.104.22.168. Data center infrastructure market size, 2015 – 2025
22.214.171.124.1. North America
126.96.36.199.3. Asia Pacific
188.8.131.52.4. Latin America
3.2.2. Modular data center industry landscape
184.108.40.206. Modular data center market size, 2015 – 2025
220.127.116.11.1. North America
18.104.22.168.3. Asia Pacific
22.214.171.124.4. Latin America
3.2.3. Internet consumption trends, by region
126.96.36.199. North America
188.8.131.52. Asia Pacific
184.108.40.206. Latin America
Another significant factor driving the micro data center market growth is the rising demand for cost-effective and customizable solutions from small and medium-sized enterprises. SMEs play an important role in economic development, especially in developing nations. Figures by World Bank Group suggests that there are 365 to 445 million MSMEs in developing economies, out of which 25-30 million are formal SMEs and 55-70 million are formal micro enterprises, while the rest are informal enterprises.
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For instance, Equinix, Inc. operates around 200 data centers to provide colocation services to around 9,800 companies in the U.S. Similarly, in March 2018, EdgeMicro., provoider of edge colocation and compute services announced its plan to establish to deploy micro-data centers in 30 cities across the country. The development of these data center facilities will result in increasing the economic growth of the region and drive the micro data center market growth.
Key players operating in the micro data center market are Canovate Group, Dataracks, Hewlett-Packard Enterprise Company, Delta Power Solutions, Attom Technology, Eaton Corporation, Advanced Facilities, Inc., Dell Inc., Dataracks, Eaton Corporation PLC, Huawei Technologies Co., Ltd. among others. The players are competing based on the product offerings. Growing demand for the energy efficient solutions to enhance the performance of the IT devices is encouraging the manufacturers to offer power effective IT solutions.
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Therefore, most of these companies are dependent on IT infrastructure with minimum installation, operational, and maintenance costs in order to reduce their overall capital expenditure. Having said that portable IT facilities like micro data centers are often the ideal solution for SMEs to cut costs without having to compromise on productivity. Additionally, the robust initiatives by the government, especially in developing nations like India and China, to increase the penetration of technology in the business sector will further accelerate micro data center market share.
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