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Modular Data Center Market to value $25 Bn by 2027

  • Published Date: October 27, 2021

Modular Data Center Market size is set to surpass USD 25 billion by 2027, according to a new research report by Global Market Insights Inc.
 

The portability of modular data centers enables businesses to seamlessly transfer their data centers without destroying them and creating a new one at a strategic location. Scalability gives businesses the building blocks required to expand data center capacity at regular intervals, according to the data volume. This capacity-on-demand model enables companies to swiftly fulfill the changing customer demands, thus supporting the modular data center industry growth. Moreover, factors including the growing demand for energy-efficient data centers, rising data volumes due to digitalization, and the high adoption of cloud-based solutions by Small and Medium-sized Enterprises (SMEs) are propelling the market demand.
 

The COVID-19 pandemic has moderately impacted the modular data center industry statistics. The modular datacenter was slightly impacted, specifically during the first half of 2020, owing to global lockdown that led to a decline in the modular data centers deployment operations and resulted in disruptions in the supply chain. The modular data center market started witnessing growth in the second half of 2020 when lockdowns were eased, and industrial activities resumed. A similar trend is being observed in 2021 coupled with factors such as improving economic conditions and a gradual demand for digital transformation. Furthermore, the pandemic induced the work from home culture and digitalization, which have considerably augmented data traffic.
 

U.S. Modular Data Center Market Size By Component

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Increasing demand for installation & deployment service in both developed & developing economies

A sharp rise in demand for cost-efficient data management solutions with fast deployment will spur the demand for modular data centers. Leading modular data center market players, such as Cisco Systems, Inc., CommScope, Inc., and Eaton Corporation are providing complete assistance in the installation and deployment of modular data centers. The modular data center installation and deployment process consist of various phases including planning, preparation, execution, and validation.
 

The modular data center service provider model alternative designs, recommend vendors & technology tradeoffs, minimize initial investments & expenses, and suggest ways to reduce operating expenses. Several companies offer these services to help organizations optimize their data center performance and remain competitive in the market.
 

Browse key industry insights spread across 280 pages with 264 market data tables and 29 figures & charts from the report, “Modular Data Center Market Size By Component (Solution [All-in-One, Individual], Service [Consulting, Installation & Deployment, Maintenance & Support]), By Application (BFSI, IT & Telecom, Energy, Government & Defense, Healthcare, Industrial), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/modular-data-center-market

 

Rising demand for modular data centers from the BFSI industry

The growing adoption of online and contactless payment solutions has increased data volume in the BFSI sector, driving the modular data center market revenue. A modular data center enables banks and other financial organizations to connect multiple operation sites at a reasonable cost. However, industry participants offer high uptime Service-Level Agreements (SLAs) and provide financial companies with a continuously accessible & secure computing environment.
 

Growing market for data center colocation and hyper-scale data centers in Europe

Growing emphasis on energy-efficient IT infrastructure by data center colocation and hyper-scale data center providers is fueling the modular data center market growth in Europe. Support from the regional governments for the development of the data center industry coupled with a rise in demand for the usage of green data centers is anticipated to enhance industry revenue. Many modular data center leaders are embracing cutting-edge technology, such as prefabricated modular data centers, to meet consumer demands for rapid deployment and application stability in the region.
 

Companies are focusing on R&D to launch innovative solutions

Industry participants are concentrating their efforts on launching new advanced solutions to sustain the increasing rivalry. For instance, in February 2020, Dell Inc. introduced new hardware and software, making it easier for businesses to build & manage modular data centers and analyze data from remote locations for edge computing. The high demand for modular data centers from various industry verticals is encouraging companies to introduce differentiated solutions.
 

Prominent players operating in the modular data center market include Baselayer Technology, LLC, Rittal GmbH & Co., KG, Schneider Electric SE, BladeRoom Group Ltd., Cisco Systems, Inc., CommScope, Inc., Dell, Inc., Eaton Corporation, Huawei Technologies Co., Ltd., IBM Corporation, Iron Mountain Corporation, LLC, Rahi Systems, SGI Corporation, The Hewlett-Packard Company, STULZ GmbH, Vertiv Co., and ZTE Corporation.
 

Authors: Preeti Wadhwani, Saloni Gankar

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