Press release
Micro Mobile Data Center Global Market Reach $14.11 Billion at a CAGR of 21.7% By 2033, Key Factors behind Market's Exponential Growth
"The new report published by The Business Research Company, titled ""Micro Mobile Data Center Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the micro mobile data center market size has grown exponentially in recent years. It will grow from $5.35 billion in 2023 to $6.43 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The micro mobile data center market size is expected to see exponential growth in the next few years. It will grow to $14.11 billion in 2028 at a compound annual growth rate (CAGR) of 21.7%.
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Growing Demand For Cloud Services Drives Micro Mobile Data Center Market Expansion
The increase in demand for cloud services applications in several industries such as manufacturing, education, finance, and automotive is expected to propel the growth of the micro mobile data center market in the coming years. Businesses may do a wide range of tasks on the cloud, with providers such as AWS, Azure, Google Cloud, and others offering a wide range of services to their customers. A cloud data service is a virtualized data center. To protect user data during outages and other problems, the cloud provider does regular maintenance and updates, frequently owning numerous micro data centers in multiple geographic regions. For instance, in October 2023, according to Exploding Topics, a US-based online platform that provides insights into emerging and trending topics, $178 billion is made annually from cloud infrastructure services. Therefore, the increasing demand for cloud services applications drives the micro mobile data center market growth .
Technological Advancements Reshape The Micro Mobile Data Center Market
The growing technological advancements are shaping the micro mobile data center market. Major companies operating in the micro mobile data center sector are focused on developing technological solutions for micro mobile data centers to provide more cooling in less space, making it ideal for industries such as retail, finance, health care, light manufacturing, and education. For instance, in June 2022, Schneider Electric SE, a Europe-based company that specializes in digital automation and energy management launched a new-age ecostruxure 43U C-series micro data center. The new 43U C-series offers improved protection and energy economy, this can automatically transition between three cooling modes based on the syste''s actual needs. By utilizing a cloud-based management platform, ecostruxure micro data centers save operational costs, simplify design and deployment, and improve security and resilience through interconnected physical infrastructure .
The micro mobile data center market covered in this report is segmented -
1) By Rack Unit (RU): Up to 20 RU, 20 RU to 40 RU, Above 40 RU
2) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
3) By Application: Instant Data Center, Remote Office and Branch Office, Edge Computing
4) By End-User: Retail And E-commerce, Education, BFSI, IT And Telecommunication, Healthcare, Government And Defense, Energy And Utilities, Other End Users
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Major companies operating in the micro mobile data center market report are Schneider Electric SE, Huawei Technologies Co. Ltd., Dell EMC Inc., Hewlett Packard Enterprise (HPE), Eaton Corporation, Panduit Corp., Zellabox, Hitachi Ltd., Vertiv Co., Canovate Group, The International Business Machines Corporation, Instant Data Centers LLC, Dataracks, Rittal GmbH & Co. KG, Hanley Energy Limited, Delta Power Solutions, STULZ GmbH, ScaleMatrix, Altron, Cannon Technologies Ltd., Shenzhen Kstar Science&Technology Co. Ltd., Sicon Design Technologies Pvt. Ltd., EdgeMicro, Vapor IO, Vertiv Group Corp., Rittal GmbH & Co. Kg, ST Engineering, The Hewlett Packard Enterprise Company
Contents of the report:
1. Executive Summary
2. Micro Mobile Data Center Market Report Structure
3. Micro Mobile Data Center Market Trends And Strategies
4. Micro Mobile Data Center Market - Macro Economic Scenario
5. Micro Mobile Data Center Market Size And Growth
…..
27. Micro Mobile Data Center Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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