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Modular Data Center Market: The Modular Data Center Market Size is to Attain a Valuation of USD 68.10 Billion by 2033 from USD 9.2 billion in 2022

04-03-2023 10:07 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Modular Data Center Market: The Modular Data Center Market Size

According to the report, the global Modular Data Center market is expected to grow from USD 15.11 Billion in 2022 and is expected to reach USD 68.10 Billion by 2033, growing at a CAGR of 13.88% from 2023 to 2033. A Modular Data Center (MDC) is a portable, self-contained data center that is designed to be deployed rapidly and efficiently. It is a pre-engineered, factory-built solution that can be easily transported to any location and quickly installed to provide additional data center capacity or to serve as a primary data center. MDCs are composed of multiple prefabricated modules that are typically housed in shipping containers or pre-engineered buildings. These modules include components such as server racks, power and cooling systems, security systems, and monitoring equipment. The modular design allows for scalability and flexibility, allowing organizations to add or remove modules as needed to meet changing demands. MDCs are often used in situations where traditional data center construction is not feasible, such as in remote or harsh environments, or in cases where rapid deployment is required, such as in disaster recovery scenarios. They are also used by cloud service providers and other organizations that require additional capacity but do not want to invest in large-scale data center construction.

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Key Highlights:
• The Global Modular Data Center Market size was valued at USD 15.11 billion in 2022 growing at a CAGR of 13.88% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal
The COVID-19 pandemic had a moderate impact on the Modular Data Center (MDC) market. The pandemic had led to an increase in demand for data center capacity, as businesses and organizations have shifted to remote work and online operations. This has resulted in a surge in demand for MDCs, which can be rapidly deployed to provide additional capacity. On the other hand, the pandemic has also led to disruptions in the supply chain, manufacturing, and logistics, which have impacted the production and delivery of MDCs. The closure of factories, restrictions on transportation, and the shortage of raw materials have resulted in delays and increased costs for MDC vendors. Additionally, the economic downturn caused by the pandemic has led to budget cuts and delays in IT spending, which may have slowed down the growth of the MDC market.

In terms of COVID-19 impact, the Modular Data Center market report also includes the following data points:
• COVID-19 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 the Modular Data Center market

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=018080

Key Players
Some of the major Modular Data Center players holding high market shares include Dell, Vertiv Co, Hewlett Packard Enterprise Development LP, and Huawei Technologies Co Ltd. These players use acquisition and expansion as key strategies 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
• Eltek AS
• Cannon Technologies Ltd
• Rittal GmbH & Co. KG
• BladeRoom Group Ltd

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

Market Segment By Verticals with a focus on market share, consumption trend, and growth rate of the 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 Spain
o Nordic Countries
o Benelux
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Modular Data Center market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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