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Micro Data Center Market 2025| Advanced Facilities, Inc., Attom Technology, ALTRON, A.S., Cannon Technologies, Ltd., Canovate Group, Dell Inc., Delta Power Solutions, Eaton Corporation PLC, Hanley Energy, Hewlett Packard Enterprise, Hitachi, Ltd., Huawei

05-21-2020 07:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Micro Data Center Market

Micro Data Center Market

North America micro data center market will grow significantly over 2019-2025 driven by robust urbanization and digitization trends. The presence of major multinational companies planning on expanding their operational capacities in the U.S. will drive the North America industry. Most huge enterprises in the U.S. require efficient IT infrastructure for business management. The rising need of huge companies and SMBs for portable solutions will fuel the regional micro data center industry share.

Recent breakthroughs in technology have extended the growth scope of micro data center market, given that they provide users a flexible option for data collection, processing, storage, and assessment. The advent of data centers has shifted the focus of IT industry on the optimum utilization of floor space. Moreover, the rising adoption of edge computing is adding impetus to this business space. Indubitably, edge computing is set for a major leap in the future. According to estimates, companies are currently generating almost 10% of their data outside a conventional data center or cloud, which is estimated to increase to 75% in the coming years.

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International analysts believe the IoT space is expected to gain massive momentum in the future, resulting in tens of billions of new devices accessing the internet. Considering the extensive range of sectors utilizing edge computing services, the potential of data being processed at remote locations, branch office deployments, smart factories, and unmanned locations increases. Managing services impeccably at these locations poses significant challenges for data processing, management, and security. This would lead to an increasing need to perform computing and data management tasks outside data centers, generating a huge demand for micro facilities that can enhance network-connectivity and aid in convenient and safe data processing and transfer at edge locations. Security being a major concern while processing data at edge locations will further proliferate the micro data center market.

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.

Cisco and Schneider Electric's latest partnership on micro data centers will provide system integrators and IT global channel partners the access to new reference designs for deploying the HyperFlex Edge that can be suitably customized for particular micro data center needs. The rising demand for pre-integrated, physically secure, and remotely monitorable containerized data center solutions and increasing efforts by industry players to provide these services will drive the global micro data center market size.

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Some Point from Table of Contents:

Chapter 5. Micro Data Center Market, By Application
5.1. Key trends by application
5.2. BFSI
5.2.1. Market estimates and forecast, 2015 - 2025
5.3. Colocation
5.3.1. Market estimates and forecast, 2015 - 2025
5.4. Energy
5.4.1. Market estimates and forecast, 2015 - 2025
5.5. Government
5.5.1. Market estimates and forecast, 2015 - 2025
5.6. Healthcare
5.6.1. Market estimates and forecast, 2015 - 2025
5.7. Industrial
5.7.1. Market estimates and forecast, 2015 - 2025
5.8. IT & telecom
5.8.1. Market estimates and forecast, 2015 - 2025
5.9. Others
5.9.1. Market estimates and forecast, 2015 - 2025

Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/micro-data-center-market

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