Global Modular Data Center Market Analysis Report 2023-2030: Opportunities in Deployment in Disaster-Prone Areas and Demand for Data Centers in Space and Underwater

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Dec 29, 2023, 11:30 ET

DUBLIN, Dec. 29, 2023 /PRNewswire/ -- The "Global Modular Data Center Market by Component (Solutions, Services), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, IT & Telecom, Healthcare, Retail, Media & Entertainment, Manufacturing) and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The global modular data center market is expected to grow from USD 25.8 billion in 2023 to USD 81.2 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.8%

The market study covers the Modular data center market across segments. It aims to estimate the market size and the growth potential across different segments such as component, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Modular data centers are designed to maximize energy efficiency, enable rapid deployment, and increase computing density. With modular data center infrastructure, organizations can easily add or retrofit modules like IT, electrical and mechanical units into their existing data center infrastructure. Modular data center solutions are becoming increasingly popular among organizations as they offer flexibility, deliver high computing power at a low power usage effectiveness (PUE) level, and help improve operational excellence while reducing capital and operational expenses.

The market has excellent growth opportunities, such as deployment in disaster-prone areas, demand from colocation providers, and demand for data centers in space and underwater.

Some of the key players operating in the modular data center market are Dell Technologies (US), Vertiv (US), Schneider Electric (France), IBM (US), Huawei (China), Eaton (Ireland), Rittal (Germany), HPE (US), Silent-Aire (Canada), and Eltek (Norway).

By component, the solutions segment to have a higher market share during the forecast period

The requirement for flexible cabinets to hold this equipment will only grow as more businesses construct their data centers to exact performance and cost goals. The growing data needs of end-users are beyond the capabilities of the current IT infrastructure. Adaptable and adequate infrastructure is desperately needed to meet the performance requirements of modern data centers.

Managers can store, cool, power, manage, and secure essential IT equipment with modular data centers and enclosures. Major market vendors offer data centers of different sizes and provide features like cable and airflow management accessories to support enterprise and data center requirements.

By solutions, the all-in-one modules segment is expected to grow at a higher CAGR during the forecast period

The all-in-one module is a highly integrated containerized data center facility for enterprise data management, oil exploration, and disaster relief. It is a temporary module usually implemented in cases wherein data center mobility is a concern, as it comprises modules with cooling, power, and IT systems built inside a single container.

These containerized modules are portable and energy-efficient and provide on-site, ready-to-deploy solutions, reducing installation costs and time. They also enable scalability and flexibility to the IT infrastructure to adjust to the design and size for future deployments. This advantage of the all-in-one module, wherein organizations can implement scale-out infrastructure, is expected to fuel the market for modular data centers.

Modular data centers provide exceptional value for organizations looking to implement an edge computing strategy by combining power, cooling, and IT infrastructure into a single solution.

By vertical, the BFSI segment is projected to record the highest market share during the forecast period

The BFSI industry is rapidly adopting electronic banking, paperless storage, and virtualization, which has increased the demand for safe, resilient, cost-effective, and energy-efficient modular data center solutions.

As the BFSI industry deals with vast amounts of customers' data regularly, it requires reliable IT equipment to store and manage it. Reliable data centers must offer uninterrupted financial services and improve the response time for running end-user applications. Modular data centers provide high computing power, reduce computational time for BFSI institutions, and ensure business continuity by focusing on management, scalability, efficiency, and energy efficiency.

Therefore, modular data center solutions are essential in minimizing business continuity risk and providing cost-effective solutions in the BFSI sector.

The Asia-Pacific is expected to have the highest growth during the forecast period

The Modular Data Center market in the Asia-Pacific region is poised for significant growth during the forecast period, driven by several key factors. As the demand for data storage and processing capabilities continues to soar across IT, healthcare, finance, and telecommunications industries, the need for flexible and scalable data center solutions becomes increasingly crucial.

Modular data centers offer a compelling solution by providing a modular and easily expandable infrastructure that can be deployed quickly to meet evolving business requirements. In the Asia-Pacific, where rapid urbanization and digital transformation are driving the need for efficient and resilient data management, modular data centers offer a strategic advantage.

Additionally, the region's diverse climate conditions necessitate adaptable and energy-efficient solutions, further emphasizing the appeal of modular data centers. With the escalating adoption of cloud services, IoT, and big data analytics, the demand for modular data centers is expected to surge, making the Asia-Pacific market a hotspot for growth in the foreseeable future.

North America to hold the largest share in the global Modular Data Center market

The Modular Data Center market in North America is a dominant force in the global landscape, and various factors underpin its sustained growth. The region's robust technological infrastructure and a thriving ecosystem of tech-driven industries have fueled an insatiable demand for scalable and adaptable data solutions.

As businesses across sectors continue to embrace digital transformation, the need for modular data centers has surged due to their ability to provide rapid deployment, flexibility, and cost-effectiveness. North America's leadership in cloud computing, artificial intelligence, and other data-intensive technologies has further driven the demand for modular data centers, positioning the region at market dominance.

Moreover, the region's stringent regulatory environment and a heightened focus on sustainability have prompted organizations to adopt modular data centers, which often boast energy-efficient designs. The combination of technological prowess, business agility, and environmental considerations cements North America's position as a critical player in the Modular Data Center market, with continued dominance expected in the foreseeable future.

Premium Insights

Focus on Reducing Time to Market, Latency, Easy Scalability, and Convenient Deployment to Drive Adoption of Modular Data Center Solutions & Services
Solutions Segment to Account for Larger Market Share During Forecast Period
Individual Modules Segment to Hold Larger Market Share During Forecast Period
Support & Maintenance Segment to Hold Largest Market Share During Forecast Period
Large Enterprises Segment to Hold Larger Market Share During Forecast Period
BFSI Segment to Hold Largest Market Share During Forecast Period
Asia-Pacific to Emerge as Best Market for Investments in Next Seven Years

Case Study Analysis

Case Study 1: Energy Vertiv Provided Data Center Cooling Optimization for One of World's Greenest Colocation Operators
Case Study 2: Schneider's Flagship Platform Helped Telco with Building Its Competitive Advantage
Case Study 3: Scalematrix Aided Aerospace & Defense Industry to Reduce Wastage and Deliver Required Resources
Case Study 4: Nini Distribution Center Enhanced Operational Efficiency by Deploying Vertiv Solution Suite

Market Dynamics

Drivers

Increased Demand for Rapidly Scalable and Deployable Data Centers
Growing Need for Energy-Efficient Data Centers
Easy Implementation of Redundant Data Centers
Easy Compliance in Modular Data Centers
Proliferation of Data Center Colocation Facilities Globally
Data Center Optimization Initiatives to Address Critical Infrastructure Inefficiencies

Restraints

Transportation of Modular Data Centers
Vendor Lock-Ins to Limit Buying Options
Emergence of HCI

Opportunities

Deployment in Disaster-Prone Areas
Demand from Colocation Providers for Modular Data Centers
Demand for Data Centers on the Moon
Demand for Underwater Data Centers
Demand for Data Centers in Space
Establishment of Data Centers in Iceland

Challenges

Implementing Effective Cooling Systems
Reliance on PUE as Sole Efficiency Measure

Trend Analysis: Modular Data Center Providers and Operators

Insights on Key Data Center Manufacturers
Insights on Key Data Center Operators

Technological Analysis

Key Technologies
Cybersecurity
Server Virtualization
Edge Computing
Complementary Technologies
AI/ML
IoT
5G
Adjacent Technologies
Cloud Computing
Hyperscale

Company Profiles

Key Players

Dell Technologies
Vertiv
Schneider Electric
IBM
Huawei
Eaton
Rittal
HPE
Eltek
Silent-Aire

Other Players

Baselayer
Cannon Technologies
EdgeMCS
Asperitas
Retex
Box Modul
PCX
Bladeroom
Rahi Systems
Scalematrix

Data Centers

Coresite
Fiberhome
Stulz
Cupertino Electric, Inc.
Kstar
Microsoft
Oracle
AWS
Meta
Apple
Equinix

For more information about this report visit https://www.researchandmarkets.com/r/cbm5px

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