Global Micro Data Center Market

Global Micro Data Center Market Size, Share, Growth Analysis, By Type(Up to 24U, 24U to 40U), By Component(Solution & Services), By End - User(BFSI, IT & telecommunication) - Industry Forecast 2024-2031

Report ID: SQMIG45A2149 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 93 | Figures: 66

Global Micro Data Center Market Competitive Landscape

The global micro data center market is highly competitive and characterized by the presence of several prominent players striving to gain a competitive edge. These companies are continuously focusing on technological advancements and innovation to cater to the evolving needs of businesses across various industries.

Key players in the market are offering a wide range of micro data center solutions, including modular, containerized, and rack-based systems, to meet diverse customer requirements. They are also focusing on providing efficient and reliable data center infrastructure to support edge computing and IoT deployments.

Moreover, strategic partnerships, collaborations, and acquisitions are commonly observed in the market as companies seek to expand their market presence and enhance their product offerings. Additionally, players are investing in research and development activities to develop cutting-edge technologies that offer enhanced performance, energy efficiency, and security features.

The competitive landscape is further intensified by the increasing demand for compact and scalable data center solutions. As organizations across various sectors look to optimize their IT infrastructure and address data processing challenges at the network edge, the competition among key players is expected to remain fierce. To stay ahead in the market, companies are also focusing on providing efficient customer support, value-added services, and flexible deployment options to cater to the diverse needs of their clientele.

Micro Data Center Market Top Player’s Company Profile

  • Schneider Electric SE (France)
  • Hewlett Packard Enterprise (USA)
  • Dell Technologies Inc. (USA)
  • Eaton Corporation PLC (Ireland)
  • Vertiv Group Corp. (USA)
  • IBM Corporation (USA)
  • Panduit Corporation (USA)
  • Rittal GmbH & Co. KG (Germany)
  • Hitachi, Ltd. (Japan)
  • Canovate Group (Turkey)

Micro Data Center Market

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FAQs

Global Micro Data Center Market size was valued at USD 3.52 billion in 2022 and is poised to grow from USD 4.13 billion in 2023 to USD 14.80 billion by 2031, growing at a CAGR of 17.3% in the forecast period (2024-2031).

The global micro data center market is highly competitive and characterized by the presence of several prominent players striving to gain a competitive edge. These companies are continuously focusing on technological advancements and innovation to cater to the evolving needs of businesses across various industries. 'Schneider Electric SE (France)', 'Hewlett Packard Enterprise (USA)', 'Dell Technologies Inc. (USA)', 'Eaton Corporation PLC (Ireland)', 'Vertiv Group Corp. (USA)', 'IBM Corporation (USA)', 'Panduit Corporation (USA)', 'Rittal GmbH & Co. KG (Germany)', 'Hitachi, Ltd. (Japan)', 'Canovate Group (Turkey)'

Micro data centers offer the advantage of quick deployment and mobility, making them suitable for temporary or remote locations, disaster recovery scenarios, and edge computing applications

Edge Computing Adoption: The growing adoption of edge computing solutions to process data closer to the source and reduce latency is driving the demand for micro data centers. Edge computing enables real-time data analysis and faster response times, making micro data centers an ideal choice for supporting edge computing deployments.

North America is poised to assert its dominance in the global market, driven by the increasing digitization and adoption of innovative technologies in the retail industry. Retailers are leveraging big data powered by machine learning to enhance customer experience and optimize manufacturing and logistics operations. Major players in the U.S. are contributing to significant developments in micro data centers, positively impacting market growth. For instance, Vertiv Group Corporation announced the launch of a single-phase UPS integrated with lithium-ion batteries in the North American market, aimed at boosting runtime and reducing maintenance for micro edge data centers.

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