Exclusive Report on Global Modular Data Center Market to grow at a whopping rate of CAGR more than 14.89%

According to the report The global Modular Data Center market size was valued at $17.94 Billion in 2020 and is expected to reach $55.54 Billion by 2028 growing at the CAGR of 14.89% from 2021 to 2028. First of all, the growing demand for cloud-based services is driving the market for modular data centers. Also, the growing number of organizations that are adopting mobile workers is resulting into the growth of data centers that are built-in mobile bundling units. Additionally, the shift toward a mobile workforce is increasing the demand for data centers.

The market is hampered by the lack of awareness about the benefits of cloud computing and the need for high initial investments.

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The recently published research report on Global Modular Data Center Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Modular Data Center market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Modular Data Center market report also includes the following data points:
• COVID19 Impact on Modular Data Center market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Modular Data Center market

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Key Players
Some of the major Modular Data Center players holding high market share include Dell, Vertiv Co, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Dell
• Vertiv Co
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd
• International Business Machines Corporation
• Baselayer Technology, LLC
• Eltek AS
• Cannon Technologies Ltd
• Rittal GmbH & Co. KG
• BladeRoom Group Ltd

Segmental Analysis

Market Segment By Components with focus on market share, consumption trend, and growth rate of Modular Data Center Market:
o Solutions
o Services

Market Segment By Verticals with focus on market share, consumption trend, and growth rate of Modular Data Center Market:
o BFSI
o Healthcare
o Retail
o Others

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Global Modular Data Center Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America holds the larger share in the market owing to the presence of keymarket players and the shifting trend of using mobile devices.

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