Press release
Global Modular Data Center Market Size to reach a valuation of USD 25,345 Mn by 2027
Rising demand for green and energy efficient data centers, increased efforts towards research & development, and rapid product uptake across small and medium sized enterprises are the major factors aiding the industry growth.
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The research report underlines pivotal aspects pertaining to market segments like functional module, application spectrum, end user scope, and regional framework. Besides, an overview of the competitive landscape of this business sphere is entailed in the document, containing business profiles and product & service portfolios of companies, along with latest strategic outcomes.
For the record, modular data centers play a pivotal role in simplifying design & construction of data centers with easy deployment in industrial environmen ts and swift scalability.
In addition, massive amounts of data generated due to the advent of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) has doubled the demand for computation, networking, and power, thereby creating lucrative opportunities for market expansion over the forecast period.
Despite the positive outlook, issues associated with transportation of data centers and vendor lock-in periods may hinder the growth dynamics of the worldwide modular data center market in the forthcoming years.
Covid-19 pandemic impact: -
The onset of the Covid-19 pandemic and the ensuing lockdown restrictions caused a monumental surge in the market in terms of revenue as internet usage reached a pinnacle in the form of DVR (digital video recorder) recordings and online content streaming as entertainment options in the testing times.
This global phenomenon also impelled the adoption of work from anywhere culture, thus boosting the demand for data centers.
Segmental overview: -
Based on functional module, the industry is comprised of IT module, cooling module, and power module. Speaking of application spectrum, the marketplace is divided into edge computing, data center expansion, starter data centers, and disaster recovery. Considering end user scope, the market is segregated into telecommunication, BFSI, IT, government, and others.
Regional rundown: -
North America, Europe and Asia Pacific are the major regions that contribute significantly to overall market renumeration scale.
Competitive terrain outlook: -
Vertiv Group Corporation, Canon Inc., Schneider Electric SE, Dell Technologies Inc., BASELAYER Technology LLC, The Hewlett-Packard Company, Huawei Technologies Co. Ltd., BladeRoom Group Ltd., Datapod, and International Business Machines Corporation are the prominent players influencing global modular data center market trends.
Global Modular Data Center Market by Application (Value, USD Million, 2017-2027)
Edge Computing
Data Center Expansion
Starter Data Centers
Disaster Recovery
Global Modular Data Center Market by Functional Model (Value, USD Million, 2017-2027)
Power Module
Cooling Module
IT Module
Global Modular Data Centers Market by End User (Value, USD Million, 2017-2027)
BFSI
Telecommunication
Government
IT
Others
Global Modular Data Centers Market by Region (Value, USD Million, 2017-2027)
North America
Asia Pacific
Europe
Rest of the World
Global Modular Data Centers Market Company Profiles (Value, USD Million, 2017-2027)
Vertiv Group Corporation
Canon Inc.
Schneider Electric SE
Dell Technologies Inc.
BASELAYER Technology LLC
The Hewlett-Packard Company
Huawei Technologies Co. Ltd.
BladeRoom Group Ltd.
Datapod
International Business Machines Corporation
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https://www.marketstudyreport.com/reports/global-modular-data-center-market-2021-2027
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