Modular Data Center Market Size 2022 By Industry Share, Key Findings, Investment Opportunities and Forecast by Regions till 2030

Report Ocean published a new survey report on the Modular Data Center market. The research offers crucial details about growth plans, business opportunities, trends, innovations, the competitive environment in 2021, and a geographical outlook that takes into account North America, Europe, the Asia-Pacific region, Latin America, the Middle East, and Africa.

The global modular data center market size was US$ 20.1 billion in 2021. The global modular data center market is forecast to grow to US$ 62.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 19.1% during the forecast period from 2022 to 2030.

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Competitors in the Market, CommScope, Inc., Eaton, Dell Inc., Hewlett Packard Enterprise Development LP, BASELAYER, Huawei Technologies Co., Ltd., Rittal, Schneider Electric SE, IBM Corporation, Vertiv Group Corp., Other Prominent Players

The fast, modular data center, also known as the deployable data center module, is a portable data center that allows for the deployment of data processing capacity. It offers scalable data center capacity as well as a variety of cooling and power options.

Market Overview

The comprehensive analyses of the most recent trends, growth prospects, and market growth drivers are offered to readers of the global market research reports. The COVID-19 effects on the Modular Data Center market are also discussed in detail in the research, along with the market's predicted compound annual growth rate (CAGR) from 2022 to 2030.

The research also provides a market analysis using various analytical techniques, including Porter's Five Forces Analysis and PESTEL Analysis. These tools provide an in-depth analysis of the micro- and macro-environmental elements that influence the market's expansion during the forecast period.

Regional Analysis

North America is forecast to dominate the modular data center market in terms of revenue. It is owing to the growing range of mobile broadband connections and the growing popularity of cloud computing, which will surge the demand for effective data center infrastructures in the region. In addition, the region comprises a wide range of data centers, and various companies are shifting from hardware to software-based services. All of these factors will contribute to the growth of the modular data center market.

The region is home to various prominent modular data center providers, such as Cisco Systems, Dell EMC, IBM Corporation, HPE, Vertiv Co., etc. Thus, it will contribute to the growth of the market.

COVID-19 Impact Analysis

Due to the wake of the COVID-19 pandemic, the demand for web-enabled services increased significantly. Netflix made headlines in the past as it earned around 15.77 million new paid subscribers between February and April 2020. Workplace communication tools like WebEx, Zoom and Microsoft Teams also gained significant popularity. Thus, it has been beneficial for the global modular data center market.

Furthermore, Alibaba Cloud, one of China's top cloud computing providers, announced its plan to fund RMB 200 billion in core technologies in 2020. In addition, the company also announced to introduce future-oriented data centers in the next three years. Such plans are likely to benefit the overall modular data center market.

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Factors Influencing the Market

Growing investments in the cloud technology and modernization of the industry will contribute to the growth of the global modular data center market. For instance, the United States Army announced in October 2019 that it has planned to spend around USD 1 billion in cloud and data modernization. With this investment, the army intends to deploy two modular data centers in Iraq with Schneider Electric's prefabricated modular data center range called a Smart Shelter Container. Thus, such investments will benefit the overall modular data center market.

The modular data center's cost-cutting capabilities will benefit the market. Modular data centers are at least 60% faster to deploy and provide a cost savings of 13% or more when compared to traditional data center power and cooling infrastructure. Thus, these benefits will surge the growth of the global modular data center market.

The growing initiatives by the companies will drive the global modular data center market forward. For instance, In January 2021, Vertiv Group Corporation unveiled its new containerized data centers and power systems in Africa, Europe, and the Middle East. Thus, it will contribute to the growth of the global modular data center market.

Market Segmentation

By Component Outlook

Solution
Services
By Organization Size Outlook

Large enterprises
Small & medium enterprises
By Industry Vertical Outlook

Manufacturing
Healthcare
Automotive
Media & Entertainment
Transport & Logistic
Government
Others

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By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What are the key findings of the report?

?This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
?The report offers the current state of the market and future prospects for various geographical regions.
?This report provides both qualitative and quantitative information about the competitive landscape of the market.

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This release was published on openPR.