Press release
Modular Data Center Market Latest Advancements, Trends and Huge Business Opportunities 2021 to 2025 | IBM Corporation, Huawei Technologies Co. Ltd, etc
The “Modular Data Center Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.The global modular data center market was valued at USD 17.67 billion in 2019, and it is expected to reach a value of USD 72.53 billion by 2025, registering a CAGR of 27.35% over the forecast period of 2020-2025.
The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Modular Data Center market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Modular Data Center Market: IBM Corporation, Huawei Technologies Co. Ltd, etc
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Recent developments in the market are -
- May 2020 - Schneider Electric planned to work in collaboration with Sydney-based Leading-Edge Data Centers on a USD 30 million projects to upgrade Australias digital economy and keep data on home soil. The company will provide Tier-3-designed, standardized, pre-assembled and fully integrated data center modules, designed to boost Leading Edges presence in six sites across New South Wales.
- April 2020 - Huawei Technologies launched the next-gen FusionServer Pro 2298 V5, a 2U 2-socket storage rack server that provides up to 450 TB storage capacity. It is designed to resolve the problems of low storage capacity and limited room space, and for customers who are looking to deploy a high-density and large-capacity storage solution in their data centers.
Key Market Trends
Telecom Sector to Hold Significant Market Growth
- The telecom providers, to optimize their networks and the digital services running on them, are going to need more compute and storage capacity to be deployed across carrier networks. Additionally, the increasing 4G penetration and the upcoming 5G wave are further motivating telecom vendors to invest in the modular data center market for more network functionality and a much higher ability to manage networks around the edges due to high data traffic.
- As carriers can be benefitted in terms of network service optimization, edge computing has become almost a common practice in the telecom industry. The telecom operators are estimated to deploy micro modular data centers, along with 5G cell towers, in order to provide enterprises across industries better network connectivity.
- For instance, according to the Ericsson Mobility report, in the North American region, 5G subscriptions are expected to account for 55% of mobile subscriptions by the end of 2024. As 5G has to ensure higher speeds and lower latency, telecom vendors would turn toward edge computing._
- In December 2019, Amazon Web Services and Verizon announced a partnership called 5G edge cloud computing to help build new applications, IoT-empowered capabilities, and net-new value innovations. Verizon would be offering secure connections to AWSs nearby cloud data centers (edge gateways), so one can tie in its compute and storage services through its 5G network._
- Since the advent of the internet, telecommunication has been one of the major driving forces behind global development and value creation. Recently, there have been many changes occurring in the telecommunications industry, which can easily be attributed to the advancement in technology. High rates of growth are being forecast for this fastest-growing market.
- The recent telecom operator to deploy a modular data center is T-mobile. The deployment of the modular data center was commissioned by Emerson Network Power and was in line with the industrys trend to consolidate its data center infrastructure to maintain the operating costs and reduce carbon footprint.
- In India, after the emergence of network provider Reliance Jio, the data consumption in the country increased and reached 9.8 GB per month. Moreover, the Swedish telecom equipment maker Ericsson has stated that the usage would be doubled to 18 GB per month by 2024._ Moreover, with the upcoming 5G technology, the consumption rate is expected to increase, along with the need for effective data storage facilities in the industry._
For a comprehensive understanding of market dynamics, the global Modular Data Center market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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Influence of the Modular Data Center market report:
-Comprehensive assessment of all opportunities and risks in the Modular Data Center market.
–Modular Data Center market recent innovations and major events.
-Detailed study of business strategies for growth of the Modular Data Center market-leading players.
-Conclusive study about the growth plot of Modular Data Center market for forthcoming years.
-In-depth understanding of Modular Data Center market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Modular Data Center market.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Modular Data Center Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We also offer customization on reports based on specific client requirement:
1- Free country level analysis for any 5 countries of your choice.
2- Free competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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