The 2023 report on the “Micro Mobile Data Center Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Micro Mobile Data Center Market is valued at approximately USD 4.18 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 19.3% over the forecast period 2022-2029. The micro mobile data center is a self-contained infrastructure that is specially designed to be achieved by incorporating the storage, processing, and networking modules that are needed to run indoor and outdoor applications in a secure computing environment.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
These centers are gaining huge popularity as plug-and-play unit, which includes all the devices of a conventional data center. Factors such as the increasing number of rugged data centers, high adoption of branch office automation, and surging demand for plug-and-play data centers are prominent factors that are burgeoning the market demand around the world.
The increasing proliferation of smart devices and IoT is exhibiting a positive influence on the growth of the market. According to Statista, the number of Internet of Things (IoT) connected devices is projected to rise from 8.6 billion in the year 2019 to 29.4 billion by the end of 2030. Therefore, the rising inclination toward automation in the manufacturing industries is stipulating the demand for the Internet of Things (IoT), which is accelerating market growth. Moreover, rising investment in the development of advanced technology, as well as the growing awareness about micro-lending are presenting various lucrative opportunities over the forecasting years. However, the lack of customized solutions in micro mobile data center deployments and vendor lock-ins limit customer purchase options are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Micro Mobile Data Center Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the high installation of micro mobile data centers, along with the growing investments in technological developments and the presence of key market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the exponential growth of the retail sector, as well as the rising number of government programs like Digital India in the market space.
Major market players included in this report are:
Schneider Electric SE
Dell, Inc.
Vertiv Group Corporation
Eaton Corporation
IBM Corporation
Huawei Technologies Co., Ltd.
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Rittal GmbH & Co.
Panduit Corp.
Zella DC
Hitachi Ltd.
Recent Developments in the Market:
In June 2022, Vertiv Group Corp. announced the launch of novel energy-effective and space-saving power backup solutions for its edge and mid-size data centers. The introduction of a new line of UPS systems involves the Vertiv Liebert EXM2 and the Vertiv Liebert ITA2 – 30 kVA.
In March 2020, Schneider Electric announced that the company introduce its new cooling solution for edge and micro data centers. The objective of this launch is to form cooling more efficient and decrease operational costs.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Up to 20 RU
20 – 40 RU
40-60 RU
By Vertical:
BFSI
IT & Telecom
Government & Defense
Oil & Gas
Manufacturing
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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