Global Modular Data Center Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Modular Data Center market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global modular data center market size was US$ 20.1 billion in 2021. The global modular data center market is forecast to grow to US$ 62.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 19.1% during the forecast period from 2022 to 2030.
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The fast, modular data center, also known as the deployable data center module, is a portable data center that allows for the deployment of data processing capacity. It offers scalable data center capacity as well as a variety of cooling and power options.
Regional Analysis
North America is forecast to dominate the modular data center market in terms of revenue. It is owing to the growing range of mobile broadband connections and the growing popularity of cloud computing, which will surge the demand for effective data center infrastructures in the region. In addition, the region comprises a wide range of data centers, and various companies are shifting from hardware to software-based services. All of these factors will contribute to the growth of the modular data center market.
The region is home to various prominent modular data center providers, such as Cisco Systems, Dell EMC, IBM Corporation, HPE, Vertiv Co., etc. Thus, it will contribute to the growth of the market.
COVID-19 Impact Analysis
Due to the wake of the COVID-19 pandemic, the demand for web-enabled services increased significantly. Netflix made headlines in the past as it earned around 15.77 million new paid subscribers between February and April 2020. Workplace communication tools like WebEx, Zoom and Microsoft Teams also gained significant popularity. Thus, it has been beneficial for the global modular data center market.
Furthermore, Alibaba Cloud, one of China’s top cloud computing providers, announced its plan to fund RMB 200 billion in core technologies in 2020. In addition, the company also announced to introduce future-oriented data centers in the next three years. Such plans are likely to benefit the overall modular data center market.
Factors Influencing the Market
Growing investments in the cloud technology and modernization of the industry will contribute to the growth of the global modular data center market. For instance, the United States Army announced in October 2019 that it has planned to spend around USD 1 billion in cloud and data modernization. With this investment, the army intends to deploy two modular data centers in Iraq with Schneider Electric’s prefabricated modular data center range called a Smart Shelter Container. Thus, such investments will benefit the overall modular data center market.
The modular data center’s cost-cutting capabilities will benefit the market. Modular data centers are at least 60% faster to deploy and provide a cost savings of 13% or more when compared to traditional data center power and cooling infrastructure. Thus, these benefits will surge the growth of the global modular data center market.
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The growing initiatives by the companies will drive the global modular data center market forward. For instance, In January 2021, Vertiv Group Corporation unveiled its new containerized data centers and power systems in Africa, Europe, and the Middle East. Thus, it will contribute to the growth of the global modular data center market.
Competitors in the Market
- CommScope, Inc.
- Eaton, Dell Inc.
- Hewlett Packard Enterprise Development LP
- BASELAYER
- Huawei Technologies Co., Ltd.
- Rittal
- Schneider Electric SE
- IBM Corporation
- Vertiv Group Corp.
- Other Prominent Players
Market Segmentation
By Component Outlook
- Solution
- Services
By Organization Size Outlook
- Large enterprises
- Small & medium enterprises
By Industry Vertical Outlook
- Manufacturing
- Healthcare
- Automotive
- Media & Entertainment
- Transport & Logistic
- Government
- Others
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By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?
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