Global Modular Data Center Market

Modular Data Center Market Size, Share, Growth Analysis, By Component(Solutions and Services), By Organization Size(Large Enterprises, and Small & Medium Enterprises), By Industry Vertical(BFSI, IT & Telecom, Government & Defense, Media & Entertainment), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2103 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 91 | Figures: 76

Modular Data Center Market Dynamics

Modular Data Center Market Drivers

Cost-Effective

  • Modular data centers offer cost savings in terms of capital expenditure (CAPEX) and operational expenditure (OPEX) compared to traditional data centers. The modular design allows organizations to pay only for the infrastructure they need and to reduce energy consumption.

Rapid Deployment

  • Modular data centers can be deployed quickly and can be operational within weeks, compared to traditional data centers, which can take several months or years to build.

Modular Data Center Market Restraints

Limited Capacity

  • Limited capacity presents a key obstacle for the global market for modular data centers. The current infrastructure might find it difficult to keep up with the growing demand for data. 

Lack of industry-wide standards

  • Modular data centers are not subject to any standards. Due to this, comparing various modular data center solutions and integrating modular data centers with current data center infrastructure may be challenging.

Lack of skilled labour

  • The data center industry is experiencing a skilled labour shortage. Finding trained employees to install and maintain modular data centers may be challenging as a result.

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Modular Data Center Market size was valued at USD 24.9 Billion in 2023 and is poised to grow from USD 29.18 Billion in 2024 to USD 88.64 Billion by 2031, by rising at a CAGR of 17.2% during the forecast period (2024-2031). 

The modular data center industry is highly competitive, with multiple global and regional companies. Market participants are spending in R&D to develop advanced solutions and get a competitive advantage in the market. Furthermore, they are increasing production capacity to satisfy rising client demand. 'IBM Corporation', 'Dell Technologies Inc.', 'Schneider Electric SE', 'Huawei Technologies Co. Ltd.', 'Hewlett Packard Enterprise Development LP', 'Cisco Systems Inc.', 'Rittal GmbH & Co. KG', 'Cannon Technologies Ltd.', 'Flexenclosure AB', 'BladeRoom Group Ltd.', 'Eaton Corporation plc', 'CommScope Holding Company, Inc.', 'Vertiv Group Corporation', 'Aceco TI', 'Airedale International Air Conditioning Ltd.', 'Cannon Technologies Ltd.', 'Cirrascale Corporation', 'Colt Technology Services Group Limited', 'Delta Power Solutions (India) Pvt. Ltd.', 'Dell EMC.'

Modular data centers offer cost savings in terms of capital expenditure (CAPEX) and operational expenditure (OPEX) compared to traditional data centers. The modular design allows organizations to pay only for the infrastructure they need and to reduce energy consumption.

Increasing Adoption of Edge Computing: With the rise of the Internet of Things (IoT) and the need for real-time processing, organizations are adopting edge computing solutions. Modular data centers can be deployed at the edge to support edge computing applications, making them an ideal solution for organizations that require data processing and storage at the edge.

North America dominated the market, accounting for 40.6% of the total revenue, and is expected to rise at a compound annual growth rate (CAGR) of over 16.6% during the forecast period. Factors such as the existence of major market participants such as Dell Inc., Hewlett Packard Enterprise Research LP, Vertiv Technology Corp., and Baselayer Technology, LLC in the United States. and the presence of established technology and data center infrastructure all contribute to the region's largest market share.

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Global Modular Data Center Market

Report ID: SQMIG45J2103

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