Press release
Micro Data Center Market: What are the Future Growth Opportunities? Top Plyers: Dell, Eaton, Hewlett Packard Enterprise, Hitachi, Huawei Technologies, IBM, Panduit, Schneider Electric, Vertiv
Micro data center market is projected to be driven by proliferation of IoT in businesses coupled with rising demand for micro-modular solutions to augment the portability and mobility of IT organizations. These technologically advanced facilities enable enterprises to easily relocate or shift their IT infrastructure setting to new business locations.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2762
This rapid growth can be attributed to shifting trends towards cloud computing. In the current scenario, enterprises are focusing on aggregating data in multiple distributed micro facilities in order to manage data traffic that has been generated by cloud-based applications and IoT. As per estimates, data center IP traffic will grow four times over the next 3 years.
Several major companies, including Facebook, Amazon and Google, have established their mega facilities across the globe to expand their business operations. Utilization of micro-solutions will enable these companies to expand their IT environment with reduced cost investment and time. Rapid integration of portable solutions in businesses to enhance enterprise operations will transform micro data center market trends over the forecast timespan. In terms of revenue, micro data center market size is forecast to surpass USD 14.5 billion over 2019-2025.
The colocation providers rely heavily upon modular solutions to expand their IT environment in case of requirements of additional data storage. Organizations are looking forward to incorporate a network of micro-colocation facilities in order to improve their network and power efficiency along with reduced overall capital expenditure in business operations.
The Major Key Players in the micro data center market are as follows:
o Altron
o Canovate Group
o Dell
o Eaton
o Hanley Energy GCC - Global Competence Centre
o Hewlett Packard Enterprise
o Hitachi
o Huawei Technologies
o IBM
o Panduit
o Rittal GmbH & Co. KG
o Schneider Electric
o STULZ GmbH
o Vapor IO
o Vertiv
Rising data traffic coupled with growing demand for data security and management are major factors propelling micro data center market size.
With rapid technological advancement, digitalization and urbanization, North America micro data center market is forecast to witness notable CAGR of approximately 23% over 2019-2025.
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The United States accounts for the majority of data center establishments across the globe due to the presence of multinational companies that are expanding their business operations.
These organizations require efficient IT infrastructure in order to manage their large business data, thus fostering micro data center industry share. Major manufacturers across the region including IBM, HPE and Schneider are investing heavily to develop modern self-containerized solutions, thereby supplementing micro data center market outlook.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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