Title: Modular Data Center Market to surpass USD 50 billion by 2025
1Modular Data Center Market to surpass USD 50
billion by 2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Modular Data Center Market
- Global Modular Data Center Market is set to grow
from its current market value of more than 13
billion to over 50 billion by 2025 according to
a new research report by Global Market Insights,
Inc. Modular Data Center Market growth will be
driven by rising demand for edge computing in
business operations. The businesses are dependent
on IT infrastructure that is cost-effective and
close to the network source, providing better
data transmission speed accuracy. - Edge computing differs from traditional data
centers as they bring processing power from the
center of the network to the edge, closer to
where the data is consumed by a computer,
smartphone, or other device by deploying smaller
decentralized servers. Prefabricated facilities
are offering several features such as ease in
deployment, unique design architecture, and
portability.
3Continued...
- Increased cost-effectiveness with the adoption of
prefabricated technologies in business operations
is a major factor propelling the modular data
center market growth. The major cost benefits
offered by IT facilities are in the deployment,
installation, operations, and maintenance costs.
These advantages allow small-scale businesses to
easily deploy and maintain their business
operations with reduced capital expenditure. The
large facilities incorporate modern technologies
that require high operational expenses
maintenance services. Business sectors are
spending large amounts of money on installing
preventative maintenance solutions to predict
component failures or downtime. - In 2018, solutions accounted for over 80 of the
modular data center market revenue. With the
increased demand for energy-efficient operations,
several manufactures are incorporating advanced
technologies into the power cooling devices.
For instance, Schneider Electric SE is offering
optimized cooling solutions specifically designed
for prefabricated Smart Shelter modules and
containers.
4North America modular data center market share,
by component, 2025 (USD Million)
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6Continued...
- Businesses operating in the IT telecom sector
require the speedy deployment of data centers.
The modular facilities are fully integrated with
network connections, servers, power lines,
monitoring units, fire detection units, security,
storage, and cooling. The customers are not
required to buy these additional hardware
components separately and appoint an in-house
technical team to install and manage them. - In the modular data center market, IT telecom
industry is witnessing a high adoption of the
facility to improve the scalability and
flexibility of its business operations. With the
rapid business expansion or relocation of a
business base, the enterprises are dependent on
the IT equipment that can be easily shifted or
deployed to a new location, accelerating the
market growth.
7Continued...
- The North America modular data center market is
witnessing high growth and will expand at a CAGR
of 20 over the coming years. The region is one
of the earliest adopters of the technology owing
to the regions stable economic conditions and
developed infrastructure. The growing use of
internet services and connected devices has led
to a rise in the demand for modular data centers
in the region. In the U.S., an increased adoption
of these facilities for military defense
applications has also been witnessed. The U.S.
Army is implementing modular data centers in
other countries. - In February 2019, the U.S. Air Force announced
its plans to install a prefabricated facility at
British Royal Air Force's Lakenheath base in the
UK. Moreover, the awareness of green data centers
that support green initiatives coupled with
government regulations pertaining to power
efficiency is expected to aid the modular data
center market growth. Standards, such as ANSI,
are imposing strict regulations for the
construction operation of green data centers.
8Continued...
- Major companies participating in the modular data
center market include Cisco Systems, Inc., IBM
Corporation, Baselayer Technology, LLC, Huawei
Technologies Co., Ltd., Hewlett-Packard
Enterprise Company, Dell, Inc., Schneider
Electric SE, SGI Corporation, IO Data Centers,
LLC, BladeRoom Group Ltd., Vertiv Co., Cannon
Technologies Ltd., Eaton Corporation,
Flexenclosure AB, CommScope, Inc., Rittal GmbH
Co. KG., and Stulz GmbH, among others. These
players are engaged in partnerships to develop
innovative technologies that will improve
business operations and IT performance.
9Industry Coverage
10Table OF Content
Chapter 1. Methodology and Scope 1.1.
Definitions forecast parameters 1.1.1.
Definitions 1.1.2. Methodology and forecast
parameters 1.2. Data Sources 1.2.1.
Secondary 1.2.2. Primary Chapter 2. Executive
Summary 2.1. Modular data center industry 360
synopsis, 2015 2025 2.1.1. Business
trends 2.1.2. Component trends 2.1.2.1.
Solution trends 2.1.2.2. Service trends 2.1.3.
Application trends 2.1.4. Regional trends
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