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Micro-Mobile Data Center Market to Hit USD 19.2 billion by 2031 - Growing at 17.8% CAGR
Micro-Mobile Data Center Market
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On the basis of rack unit, above 40 RU segment captured the largest micro-mobile data center market size in 2021 and is expected to continue this trend throughout the forecast period. Above 40 RU helps IT managers organize their equipment array and provides fast, easy access to installed IT equipment. In addition, it maximize the capacity and provide more physical equipment and media security. Such advantages provide lucrative opportunities for the market growth during the forecast period. However, upto 20 RU segment is expected to exhibit highest growth during the forecast period. Factors such as increasing demand for lesser rack units (RU) data centers in the defense and IT and telecom sectors, drive the growth of the market. In addition, the benefits of up to 20 RU data centers such as high-range and greater capacities that can accommodate larger facilities will further accelerate the growth of micro-mobile data center industry in the future.
The global micro-mobile data center market has been witnessing a steady growth worldwide due to the ever increasing volumes of data generated by different industry verticals. Increased usage of internet-based services among organizations have significantly fueled the demand for micro-mobile data centers across the world. The presence of a large number of providers in the global micro-mobile data center market increases the competitive rivalry among the key players. Therefore, micro-mobile data center providers are differentiating themselves from competitors and driving revenue growth by incorporating new digital business technologies such as artificial intelligence, IoT, big data and 5G networks their offerings to gain a competitive edge, and retain their market position.
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The concept of micro-mobile data center has gained attraction nowadays due to the increasing need for storage capacity to meet the requirements of internal and external IT services. In order to increase the existing data center capacity, the micro-mobile data center has emerged as a lucrative option to enhance the business continuity. Many enterprises, especially small and medium-sized enterprises, prefer using micro-mobile data center technology rather than investing huge capital in developing their own data centers.
The key players profiled in this report include
Dell EMC Inc.,
Eaton Corporation,
Huawei Technologies Co., Ltd.,
Hanley Energy,
Schneider Electric,
Hewlett Packard Enterprise Development LP,
Zella DC,
Canovate Group,
IBM Corporation,
Cannon Technologies Ltd
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Regional Analysis:
Region-wise, North America dominated the market share in 2021 for the micro-mobile data center market. Adoption of micro-mobile data center growing steadily to meet increasing demands from today's businesses to enhance their business process and improve the customer experience will provide lucrative opportunities for the market in this region. Moreover, surge in need of data analytics and low cost data storage shifting the inclination of customer service from traditional way of commercial interaction. Micro-mobile data center provides opportunities for service providers to set up service based on the latest advanced technology being developed for the micro data centers. However, Asia-Pacific is expected to exhibit highest growth during the forecast period.
This is attributed to increasing demand of micro-mobile data center across Asia-Pacific, due to emergence of high-end technologies such as artificial intelligence (AI), high speed 5G network and growing need of low cost and high speed data processing and data storage system and major shift toward digitization impact positively on the growth of the market. In addition, the IT & telecom, BFSI as well as retail sector in Asia-Pacific is actively investing in micro-mobile data center, which is expected to drive the growth of the market.
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