07-Oct-2020 | Zion Market Research
As per Zion Market Research, the global modular data center market size is predicted to reach USD 50.5 billion by 2025 at a CAGR of 30.90%. The market was valued at USD 15.07 billion in 2019. Increasing need for reduced CAPEX, scalable data center, and increasing requirement for green data hubs are the primary growth factors of the global modular data center market. Major players of the global market comprise IBM, Huawei, Bladeroom, Eaton Corporation, Commscope Inc., Cannon Technologies Ltd., Flexenclosure AB, Dell Inc., Rittal GmbH & Co. KG, HPE Company, Vertiv Co., Schneider Electric, and Baselayer Technology, LLC.
Individual Functional Module Segment To Add Up The Biggest Market Of The Global Market In The Years To Come
The individual functional module segment of the global market is predicted to have a lion’s share of the global market in the forecast period. Individual functional modules offer benefits to data center plants with standard capacity in their current plant since these plants might only need to scale a particular resource. This extra utility of individual modules is expected to power its share in the global modular data center market.
Integration & Deployment Services Predicted To Have The Biggest Market Share In The Coming Years
The services in the modular data center market comprise installation & deployment, consulting, and infrastructure management. Here, the installation & deployment segment is predicted to have the biggest share of the global market in the years to come. Installation & deployment services assist large as well as small agencies in deployment of dependable data hub solutions in an affordable way. Integration & deployment services help in rapid integration, assembling, commissioning, and deployment of the modular data center, which is further powering the global market.
North America Expected To Have The Biggest Share Of The Market In The Long Run
North America has grabbed the biggest pie of the global market and is expected to maintain the same condition in the years to come. This area is developing, due to the existence of a huge number of data hubs and has seen rapid development due to the accessibility of comprehensive solutions. However, the modular data center market in Asia Pacific are region is predicted to undergo exponential development and expected to be the quickest-developing area in the global market. This is majorly credited to the rising data center traffic in nations such as Japan, China, Australia, South Korea, and Hong Kong.
Browse the full “Modular Data Center Market by Component (Solutions, Services) Application (IT & Telecom, Industrial, BFSI, Energy, Healthcare, Government & Defence): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/modular-data-center-market
The global modular data center market is segmented as follows:
By Functional Module Solution:
By Individual functional module
By Data Center Size:
By Tier Type:
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