Modular Data Center Market Size, Share, Trends, Key Players and Forecast | BASELAYER Technology LLC, Cannon Technologies Ltd, Dell Technologies Inc.

According to the latest report by IMARC Group, titled "Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global modular data center market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 15% during 2021-2026. The modular data center is a portable data processing system consisting of individual modules and components that are assembled at the site of deployment. They operate independently and are commonly used for cloud computing, disaster backup and data center expansion. Modular data centers aid in reducing energy consumption, minimizing interference and improving operational efficiency. In comparison to the traditionally used data centers, modular variants are environment-friendly, highly scalable and energy-efficient. As a result, they find extensive applications across various industries, such as retail, manufacturing, healthcare, energy, entertainment, information technology (IT), telecommunication and banking, financial services and insurance (BFSI).

COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The global modular data center market is primarily being driven by the increasing demand for energy-efficient data centers across medium-and large-scale organizations. Enterprises are widely adopting micro modular data centers with 5G-enabled cell towers for enhanced data storage capabilities and network connectivity. Moreover, various technological advancements, such as the integration of the Internet of things (IoT) and artificial intelligence (AI) solutions for enhanced operational efficiency, and the development of green data centers for reducing environmental impact, are providing a thrust to the market growth. Other factors, including significant improvements in the IT infrastructure, along with the widespread product adoption across the telecommunication industry, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 15% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Modular Data Center Market Competitive Analysis and Segmentation:

The competitive landscape of the modular data center market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape with Key Players:

• BASELAYER Technology LLC (Intermountain Electronics Inc.)
• Cannon Technologies Ltd
• Dell Technologies Inc.
• Eaton Corporation plc
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation
• Rittal GmbH & Co. KG
• Schneider Electric SE
• Vertiv Group Corp.

Market Segmentation:

Breakup by Component:
• Solutions
• Services

Breakup by Data Center Size:
• Small and Medium-sized Data Centers
• Large Data Centers

Breakup by Application:
• Disaster Backup
• High Performance/ Edge Computing
• Data Center Expansion
• Starter Data Centers

Breakup by Industry Vertical:
• BFSI
• IT and Telecom
• Retail and Manufacturing
• Healthcare
• Energy
• Media and Entertainment
• Government and Defense
• Others

Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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