Press release
Global Micro Data Center Market: USD 13.30 Billion By 2028 And Expected To Grow At A CAGR Of 16.2%
Market Overview:Global Micro Data Center Market Size Was Valued at USD 4.65 Billion In 2021 And Is Projected to Reach USD 13.30 Billion By 2028, Growing at A CAGR Of 16.2 % From 2022 To 2028. Analysis period {2023-2030}
Micro data centers are self-contained and secure systems that incorporate essential IT components like racks, uninterruptible power supply (UPS), cooling systems, and management software. They offer a range of benefits to businesses, including cost reduction, space optimization, and energy efficiency. By utilizing microdata solutions at edge sites, businesses can take advantage of advantages such as mobility, cost-effectiveness, power efficiency, and improved networking and communication capabilities. These factors are contributing to the expanding market for micro data centers.
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Analysis of the Top Market Players:
Schneider Electric SE,Hewlett Packard Enterprise (HPE) Company, Hitachi Ltd., Huawei Technologies Co.Ltd., Vertiv Group Corp., Dell Inc., Advanced Facilities Inc., Attom Technology, ALTRON, Cannon Technologies Ltd., Canovate Group, Delta Electronics Inc., Eaton Corporation, Fujitsu Ltd., IBM Corporation, Panduit Corporation, Rittal GmbH & Co. KG, Stulz GmbH, Axellio, Compass DataCentres, DartPoints and other major key players.
Market Dynamics:
Driver:
Organizations are increasingly adopting micro data centers due to their numerous advantages and benefits. The compact and self-contained nature of micro data centers allows organizations to optimize space utilization, and reduce upfront costs. These factors make them an attractive solution for businesses looking to establish or expand their IT infrastructure cost-effectively and efficiently. The mobility offered by micro data centers enables organizations to deploy computing resources closer to the edge, enhancing network performance and reducing latency. In conclusion, the increasing adoption of micro data centers by organizations is driven by the need for flexible, scalable, and efficient IT infrastructure solutions.
Opportunities:
The telecom industry offers a promising growth opportunity for micro data centers. As the demand for high-speed and low-latency connectivity continues to rise, telecom companies require efficient and scalable infrastructure solutions. Micro data centers provide the ideal solution by enabling the deployment of computing resources closer to the network edge, improving performance, and reducing latency. With the rollout of 5G networks and the increasing reliance on edge computing, telecom operators can leverage micro data centers to support their expanding network needs and deliver enhanced services to customers. This presents a significant growth avenue for micro data center providers in the telecom industry.
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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
Segmentation of the Micro Data Center Market:
By Solution
• Power
• Networking
• Cooling
• Rack & Enclosure
By Rack Unit
• Up to 25 RU
• 25-40 RU,
• Above 40 RU
By Industry
• Banking
• Financial Services & Insurance
• Telecom & Information Technology (IT)
• Manufacturing
• Construction
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By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
COVID-19 Impact On The Micro Data Center Market
The market for Micro Data Center has been significantly dented by COVID-19. Data center building sales and manufacturing were impeded by low investment costs and a labour shortage. To develop the practices, the government and major market actors introduced new safety measures. The Micro Data Center market's growth rate increased as a result of the correct audience being targeted by technological improvements. Due to the loosening of the constraints, the market for data center building is anticipated to pick up during the post-pandemic situation. The data center operators who use prefabricated components, have standard supply chains, uniform build processes, and have supplier contracts in place will be in the best position to tolerate brief outages. Micro Data Center Market expected to bounce back during forecasted period.
Report Highlights:
• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market
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