by The modular data center market is shaping the IT infrastructure landscape with the advantages of edge computing. With organizations increasingly adopting edge computing strategies to complement centralized data centers, modular data centers are meeting the growing need for easily deployable and scalable edge infrastructure needs.Modular data centers provide numerous advantages over central data centers such as reduced upfront costs, easy deployment and scalability. They are optimized to converge required IT resources such as servers, networking and storage in standard modules, enabling faster deployment of edge computing infrastructure wherever needed. With the growing data volumes at the edge from Internet of Things (IoT) devices and distributed applications, modular solutions are playing a vital role in facilitating real-time analytics and decision making closer to endpoints.
The Global Modular Data Center Market Size Is Estimated To Be Valued At Us$ 18.49 Bn In 2024 And Is Expected To Exhibit A Cagr Of 24% Over The Forecast Period 2024-2031.
Key Takeaways
Key players operating in the modular data center are Huawei, IBM, Eaton, Dell, Vertiv, Schneider Electric, Hewlett Packard Enterprise, Cisco, And Rittal.
The growing demand for edge computing infrastructure from organizations across sectors is driving strong growth of the modular data center market. Modular solutions enable quick implementation of IT capabilities within space and budget constraints at remote office locations, industrial sites and other places.
Major modular data center providers are also investing in expanding their global footprint to tap opportunities arising from increasing international business demand. For instance, some key players have doubled their overseas manufacturing capacity over the past year.
Market Key Trends
One of the major trends in the modular data center market is the increasing focus on deploying high-density infrastructure to drive energy efficiencies. This involves adoption of innovative technologies like immersion cooling and adoption of processors and servers with better performance per watt metrics. Growing power and cooling requirements amid increasing digitization are propelling manufacturers to develop optimized solutions for high density environments like edge locations.
Porter’s Analysis
Threat Of New Entrants: Low requirements for hardware and infrastructure reduce entry barriers.
Bargaining Power Of Buyers: Modular systems provide flexibility to deploy facilities based on real time needs reducing dependence on any single supplier.
Bargaining Power Of Suppliers: Standardization of designs enable buyers to negotiate on price with different suppliers.
Threat Of New Substitutes: Emergence of containerized and hyper-converged infrastructure act as new substitutes demanding continuous innovation.
Competitive Rivalry: Global presence of established players lead to intense competition on pricing and new product development.
Geographical Regions
North America currently holds the largest share of the modular data center market in terms of value. This is attributed to frequent deployment of edge computing facilities by major cloud providers in the region.
The Asia Pacific region is poised to witness the fastest growth during the forecast period. Several enterprises across industries are setting up modular datacenter facilities to support their digital transformation initiatives in major economies like China and India.
What are the key data covered in this Modular Data Center Market report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Modular Data Center Market’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Modular Data Center Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behavior
:- Modular Data Center Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Modular Data Center Market vendors
FAQ’s
Q.1 What are the main factors influencing the Modular Data Center market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Modular Data Center Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Modular Data Center market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
- Source: CoherentMI, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
