What's Driving the Global Modular Data Center Market? Cisco, CommScope, Dell, Eaton, Huawei Technologies, IBM, IO, Rahi Systems, Rittal North America LLC, Schneider Electric, SGI, HP, Vertiv, ZTE Corporation

The global modular data center market is witnessing an unprecedented momentum in the past few years owing to an explosion in demand for IT services that has put mounting pressure on traditional data centers. The data centers of the 21st century are transforming themselves from being just massive outsourced installations or on-premise facilities running enterprise applications into something which is more in sync with the requirements of this time and age. Undoubtedly, modular data centers have emerged as effective options to power disruptive technologies such as the Internet of Things, cloud computing, and big data.

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While elaborating further upon the modular data center market expansion trends, it is quite prudent to take note of the fact that the business needs for designing a data center have remained fairly consistent around capital cost, capacity, and availability of expertise. However, the fulfilment of these three requirements no longer ensures augmentation of the new technological tools and computing models that are transforming the way traditional data centers function. These factors are predominantly leading to the large-scale installation of modular data centers across various end-use sectors such as energy, healthcare, BFSI, and telecom.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Cisco
2. CommScope
3. Dell
4. Eaton
5. Huawei Technologies
6. IBM
7. IO
8. Rahi Systems
9. Rittal North America LLC
10. Schneider Electric
11. SGI
12. HP
13. Vertiv
14. ZTE Corporation

SMEs are significant to economies, particularly the developing ones, but they seldom have access to sufficient credit. According to the World Bank Group, around 70% of all micro, small, and medium scale businesses in emerging markets lack access to credit. As modular data centers can do everything, right from computing, storing, processing, cooling, securing, and detecting fire, hence they can help organizations in saving significant infrastructure and setup costs. Which makes small and medium-sized enterprises a major customer base for this technology, thus allowing SMEs to deploy and maintain their IT operations with low capital expenditure but without compromising on quality. Having said that, the burgeoning number of SMEs in emerging economies will thus be a major factor responsible for propelling the global modular data center market.

The competitive landscape of the global modular data center market hosts numerous well-known players such as Cisco Systems, Inc., Huawei Technologies, Cannon Technologies, and Dell, Inc. among others. In order to enhance and expand business operations, major players often engage in partnerships and develop innovative technologies, thereby increasing the revenue inflow of the global market. An ideal example involves Huawei's recent partnership with Etisalat to plan and distribute pre-fabricated and next-gen modular data centers in UAE in an effort to suffice the requirements of the cloud and digital services of the future. Such partnerships will fulfill the product demand across diverse geographies and hence contribute to the expansion of the global modular data center market.

In terms of geographical expanse of modular data center industry, the North American region is one of the most promising growth terrain owing to its advanced IT infrastructure and stable economic conditions. Apparently, the exponential rise in the usage of connected devices and high rate of internet penetration has led to increase in the demand for modular data centers in the region. According to trusted sources, the North America modular data center market is set to register an annual growth rate of 20 percent over 2019-2025.

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Additionally, growing applications fueled by innovations in the fields of retail, telecom, and finance along with the emergence of 5G technology will further advance the modular data center market growth. All in all, consumer reliance on the digital world is growing every minute and with increasing adoption of digitized platforms and technologies, data traffic will continue to grow, boosting the requirement for modular data centers globally. The overall modular data center market to be worth more than $50 billion by 2025.

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