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Modular Data Center Market To Exhibit Impressive Growth By 2025 | Top Key Player are Cisco, CommScope, Dell, Eaton, Huawei Technologies, IBM, Rittal North America LLC, Schneider Electric, SGI, HP, Vertiv, ZTE Corporation

06-11-2020 06:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Decresearch

Modular Data Center Market

Modular Data Center Market

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.

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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The modular data center market from IT & Telecom application segment is primarily driven by the rising need for the rapid deployment of data centers. IT & telecom business vertical is witnessing a massive adoption of the facility to augment the flexibility and scalability of the business operations. Another factor that is driving the modular data center market is the rapid evolution of IoT technology. With the adoption of IoT sensors, the technology is being used in a wide spectrum of applications, for procuring data from the surrounding environment.

The competitive landscape of the global modular data center industry 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.

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

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Glimpse of Table of Content (ToC): -
Chapter 4. Modular Data Center Market, By Component
4.1. Key trends, by component
4.2. Solution
4.2.1. Market estimates and forecast, 2015 - 2025
4.2.2. All-in-one
4.2.2.1. Market estimates and forecast, 2015 - 2025
4.2.3. Individual
4.2.3.1. Market estimates and forecast, 2015 - 2025
4.3. Service
4.3.1. Market estimates and forecast, 2015 - 2025
4.3.2. Consulting
4.3.2.1. Market estimates and forecast, 2015 - 2025
4.3.3. Installation & deployment
4.3.3.1. Market estimates and forecast, 2015 - 2025
4.3.4. Maintenance & support
4.3.4.1. Market estimates and forecast, 2015 - 2025
Chapter 5. Modular 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. IT & telecom
5.3.1. Market estimates and forecast, 2015 - 2025
5.4. Energy
5.4.1. Market estimates and forecast, 2015 - 2025
5.5. Government & defence
5.5.1. Market estimates and forecast, 2015 - 2025
5.6. Healthcare
5.6.1. Market estimates and forecast, 2015 - 2025
5.7. Industrial

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

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