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Modular Data Center Market Emerging Trends, New Innovations and Technology 2021 to 2025: IBM Corporation, Huawei Technologies Co. Ltd., Dell EMC, HPE Company
The Modular Data Center Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.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.
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Competitive Landscape:
Top Companies: IBM Corporation, Huawei Technologies Co. Ltd., Dell EMC, HPE Company, Baselayer Technology LLC, Vertiv Co., Schneider Electric SE, Cannon Technologies Ltd, Rittal Gmbh & Co. KG, Instant Data Centers LLC, Colt Group SA, Bladeroom Group Ltd.
Industry News and Updates:
- 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:
- The growth of mobile broadband, an increase in big data analytics, and cloud computing are driving the demand for new data center infrastructures in the region. North America region comprises a considerable amount of data centers, and many enterprises are switching from hardware to software-based services is estimated to be an addressable market for data center installations.
- According to the cloud scene, there are 2517 data centers in the United States, 253 data centers in Canada, and 2 data centers in Cayman islands, and 2,252 service providers in the United States with 60 network fabrics in 2020. Also, according to a report by CBRE, the total capacity of United States primary data center markets grew by 200 megawatts(MW) or 8% in H1 2019.
- The country is expanding its capacity with more than 411 MW, which is currently under construction. The primary United States wholesale data center markets recorded a combined 171 MW of net absorption in H1 2019, which is more than 56% of the 2018 full-year record. _
- The modular data centers are at least 60% faster to deploy and provide a cost savings of 13% or more compared to traditional data center power and cooling infrastructure. Hence, modular is also helping in overcoming the rising energy crises due to growing data and data center's infrastructure.
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What are the market influences 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.
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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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