Title: Micro Data Center Market Study by Competitive Analysis and Future Prospects to 2026
1Micro Data Center Market Regional Analysis and
Demand Forecast during 2020 2026
- The micro data center market is anticipated to
amass noteworthy revenue growth on account of
proliferating demand for portable and compact
data storage and management infrastructure.
Organizations are looking for reliable data
storage solutions that offer efficient management
and data security. - Digitalization has apparently led to the
generation of large volumes of data. Increasing
adoption of digital technologies across multiple
industry verticals could positively impact the
micro data center business growth. Considering
these aspects, Global Market Insights estimates
that the micro data center market could touch USD
15 billion by the year 2026 - The advent of new-age computing technologies has
advocated the construction of new data centers.
Generally, the distance between a data center and
an end-user can affect the delivery of digital
services with high bandwidth costs.
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2- Proliferating demand for superior data centers
from computer-intensive end-users specializing in
IoT and AI could massively benefit industry
outlook over the forecast timeframe. This could
also fuel the demand for highly integrated
enclosures racks as well as efficient cooling
and power equipment.
- In terms of application, the micro data center
market is bifurcated into colocation, BFSI,
government, energy, industrial, healthcare and IT
telecom. Out of these, the colocation services
segment is expected to record immense traction
over the forecasted timeframe. Building a new
data center can be expensive, especially for
small and medium-sized businesses that have
budget constraints. As a result, colocation
services provide a cheap alternative for
businesses to store their vital data.
- Colocation services minimize the additional
expenses incurred for power and cooling
equipment, and the overall cost on IT
infrastructure. Various colocation providers are
integrating micro data centers in their portfolio
to broaden their market reach and consumer base.
Taking August 2020 for instance, EdgeMicro
released five new micro data centers in the
United States as spending on edge technology from
cloud vendors such as Google, Microsoft and AWS
skyrocketed. The company will construct these
centers in Indianapolis, Cleveland, Houston,
Pittsburgh and Memphis.
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4- The Middle East and Africa are emerging as a
credible growth source for micro data center
companies. Rapid expansion activities in the
industrial sector supported by increasing trend
of digitalization could prove beneficial for the
regional business outlook. Initiatives like Abu
Dhabi Economic Vision 2030 and UAE Vision 2021,
which are focused on establishing a globally
integrated business environment and building
modern economies, could massively support the
adoption of micro data centers.
- Companies covered in micro data center market
are ABMX Servers (Only Inc), Advanced
Facilities, Inc., Attom Technology, ALTRON,
Cannon Technologies, Ltd., Canovate Group, Dell
Technologies, Inc., Delta Electronics, Inc.,
Eaton Corporation, Fujitsu Ltd., Hewlett Packard
Enterprise (HPE) Company, Huawei Technologies
Co., Ltd., IBM Corporation, Panduit Corporation,
Rittal GmbH Co. KG, Schneider Electric SE,
Stulz GmbH, Vapor IO, Inc., Vertiv Group Co.,
Zella DC
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