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Micro Data Center Market Overview and Growth Rate Analysis 2024 by Canovate Group, Dataracks, Hewlett-Packard Enterprise Company, Delta Power Solutions, Attom Technology, Eaton Corporation, Advanced Facilities, Inc., Dell Inc., Dataracks, Eaton Corporatio

03-18-2020 09:48 AM CET | IT, New Media & Software

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Micro Data Center Market Overview and Growth Rate Analysis 2024

This Global Micro Data Center report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

North America micro data center market is predicted to grow substantially over the coming years due to the growth in colocation services, need for data center IT capacity for medium and large enterprises and increasing cloud services. The large amount of data used by businesses and consumer is increasing need for data storage and demand for establishing micro facilities in the region. The enterprises are adopting colocation services to increase their application performance, improve speed of deployment, and decrease operational costs. 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.

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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. Enterprises are forcing on aggregating data in multiple distributed micro facilities for handling data traffic generated by IoT and cloud-based applications.

Increasing interest of the businesses towards energy-efficient data center solutions is predicted to drive the micro data center market growth. The enterprises are increasing installment of portable IT solutions, for reducing the power consumption and space of a business facility. The Several enterprises are helping companies design energy efficient micro data centers, THAT can operate in tough environmental conditions. For instance, in March 2015, Inveneo Inc, announced its partnership with Arm Limited for encouraging companies to deploy a solar-powered micro-data center in developing regions. Similarly, in September 2019, Scale Computing, Inc, and American Power Conversion Corporation (APC) by Schneider Electric, announced a partnership to deliver micro facilities in a box solution. The partnership will help company to deliver a highly energy efficient IT solution that are pre-tested, optimized, and can be rapidly deployed.

IT & telecom sector accounted for a majority of industry share and is witnessing a growing adoption of micro facilities. The rise in data storage requirement and processing in these sectors has increased the need and demand for micro facilities. Companies operating in the sector are collaborating with data center providers for their business expansion and global coverage. For instance, in April 2019, American Tower Corporation announced its acquisition of Colo Atl, an Atlanta based telecommunications service provider. Similarly, H5 Data Centers, a Denver-based data center operator, announced to invest around USD 19.5 million in San Antonio as a part of their major partnership with Taylor Telecom for constructing network infrastructure and IT facilities.

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.

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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.

Table of Content:
Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Micro Data Center Industry Insights

Chapter 4. Micro Data Center Market, By Component

Chapter 5. Micro Data Center Market, By Application
Chapter 6. Micro Data Center Market, By Region

Chapter 7. Company Profiles

Related Report:

Global Micro Data Centers Market Size, Status and Forecast 2019-2025

A micro data center (MDC) is a smaller or containerized (modular) data center architecture that is designed to solve different sets of problems that take different types of compute workload that does not require to traditional facilities. A large number of enterprises are increasingly adopting micro data centers to store critical data either on premise or in remote locations. Micro data centers exhibit virtues of simplified workload that traditional data centers lack. In 2018, the global Micro Data Centers market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

https://www.marketstudyreport.com/reports/global-micro-data-centers-market-size-status-and-forecast-2019-2025

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