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Modular Data Center Market Size

  • Report ID: GMI1730
  • Published Date: Mar 2023
  • Report Format: PDF
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Modular Data Center Market Size

Modular Data Center Market size was worth more than USD 15 billion in 2022 and is anticipated to register over 15% CAGR from 2023-2032. Rising applications of AI and ML technologies are expected to complement the industry expansion.

 

Modular Data Center Market
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The constant surge in the adoption of green data centers is expected to complement the modular data center industry outlook. In the recent past, green data centers have gained significant traction with increased utilization of energy-efficient technologies for ensuring minimal environmental impacts. The growing concerns associated with massive energy consumption have prompted stringent government regulations pertaining to environmental protection, thus supporting the adoption of modular data centers.

Modular Data Center Market Report Attributes
Report Attribute Details
Base Year:2022
Modular Data Center Market Size in 2022:USD 15 billion
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:15%
2032 Value Projection:USD 70 billion
Historical Data for:2018 to 2022
No. of Pages:265
Tables, Charts & Figures:314
Segments covered:Component, Application, and Region
Growth Drivers:
  • Demand for scalable and cost-effective data center facilities
  • Rising adoption of green data centers
  • Upsurge in adoption of cloud computing by SMEs
  • Growing need for energy-efficient IT infrastructure facilities in Europe
  • Increasing adoption of IT facilities in the South America IT & telecom industry
Pitfalls & Challenges:
  • Challenges in high-performance computing
  • Ongoing virtualization of data centers
Learn more about the key segments shaping this market
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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for modular data center reached more than USD 15 billion in 2022 and is anticipated to register over 15% CAGR from 2023-2032.

Modular data center market size from BFSI applications is projected to exhibit more than 15% CAGR between 2023 and 2032 led by the increasing use of mobile wallets for digital transactions.

North America modular data center size is poised to reach over USD 20 billion by 2032 owing to the presence of well-known cloud service providers and advancements in 5G technology.

Dell, Inc., IBM Corporation, Vertiv Co., Cisco Systems, Inc, CommScope Inc, Eaton Corporation, and ZTE Corporation are some of the major players in the modular data center industry.

Modular Data Center Market Scope

  • Modular Data Center Market Size
  • Modular Data Center Market Analysis
  • Modular Data Center Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 20
    • Tables & Figures: 314
    • Countries covered: 16
    • Pages: 265
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